Payscout, Inc. Gains Recognition as One of the Fastest-Growing Private Companies in America

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Payscout, Inc. has been named of one of the nation’s top 5,000 fastest-growing privately held companies by Inc. magazine, exceeding eCommerce industry growth.

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Inclusion on the Inc. 5000 list represents validation that our highly valued company culture and attributes are being accepted and executed by the best employees in the industry, Payscout employees.

With the growth of worldwide eCommerce projected to reach $1.47 trillion by the end of 2014, the business operations of Payscout, Inc., a global merchant processing company that specializes in multi-currency and managed risk processing, are also expanding faster than its industry. (1) Inc. magazine has taken notice of Payscout’s considerable growth and ranked them on their 33rd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing privately held companies. Payscout ranked #2,416 on this year’s list. Payscout was also ranked #140 USA and #24 California by industry (Financial Services).

The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. In the midst of the eCommerce industry’s rapid growth rate, Payscout has continued to be a thought leader. The transition to eCommerce has been a rocky one for countless merchants, but Payscout’s processing services have stood as a solid foundation.

Payscout attributes its success to its service platform, which utilizes a state-of-the-art, web-based user portal, in conjunction with superior expertise employed by its highly-trained staff. Payscout has been very active in fulfilling its mission to assist and satisfy as many eMerchants as possible. In just the past year, Payscout has increased both its domestic and international ISO registrations two and a half fold; became a principal member of China UnionPay, China’s only bankcard association; (3) and expanded beyond 50 US states to 28 additional US Territories World-Wide.

“Inclusion on the Inc. 5000 list represents validation that our highly valued company culture and attributes are being accepted and executed by the best employees in the industry, Payscout employees,” says Payscout CEO Cleveland Brown. “We are honored to accept this award, and will continue to be thought leaders while satisfying our cherished customers.”

Payscout’s clients range from SMBs to Enterprise eCommerce companies. For more information about Payscout and its services, visit http://www.payscout.com.

About Payscout, Inc.:

Payscout is a Global Merchant Service Provider (MSP) and Payment Service Provider (PSP) with tier-one bank sponsorships in the United States, Latin America, Caribbean, Asia-Pacific, and Europe. Payscout assists SMBs and Enterprise companies with payment processing solutions for brick-and-mortar and eCommerce transactions. Payscout is one of the few providers with a true Global Payment Solution, encompassing all merchant risk verticals. Payscout is a new generation provider of merchant banking services, specializing in online/eCommerce retailers with a predominant proportion of card-not-present transactions. Payscout’s services are provided on a state-of-the-art, web-based user portal, incorporating expert interaction directly between their highly-trained staff and the customer business owner or senior management. With clients in every state, Payscout serves the credit card processing needs of thousands of businesses, across a multitude of industries. Payscout’s global partnerships include VISA USA, Bank of America Merchant Services, VISA Europe, VISA Latin America, VISA Asia Pacific, MasterCard Worldwide, China Union Pay, Deutsche Bank, First Data and Payscout Brazil. For more information about Payscout, visit http://www.payscout.com.

1.“Worldwide E-commerce Sales to Increase Nearly 20 Percent in 2014.” http://www.retailcustomerexperience.com. N.p., 24 July 2014. Web. 19 Aug. 2014. retailcustomerexperience.com/news/worldwide-e-commerce-sales-to-increase-nearly-20-percent-in-2014/.

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