Emerging Payments Technologies, Inc.: Mr. Steven Kietz Expands Role as Chief Revenue Officer; and Mr. Eric Gelb Assumes Senior Vice President of Business Development

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Emerging Payments Technologies, Inc. Operating Under the Brand CredEx: Mr. Steven Kietz, Credit Card Industry Leader, Expands Role as Chief Revenue Officer, and Mr. Eric Gelb assumes position of Senior Vice President of Business Development

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CredEx helps e-Merchants close more sales with our innovative way to offer credit on merchants’ websites.

Emerging Payments Technologies Inc., creator of the alternative payment solution CredEx®, is pleased to announce the appointment of Mr. Steven Kietz as Chief Revenue Officer; and Mr. Eric Gelb as Senior Vice President of Business Development, effective immediately.

Mr. Kietz, a senior executive in the credit card and consumer loans business, has over 25 years executive experience working for Citibank and Chase Card Services.

Mr. Kietz, prior to joining Emerging Payments Technologies, Inc., founded Woodbury Advisors, LLC, a strategic consulting firm focused on the financial services industry and financial technology startups, in 2009.

Previously, Mr. Kietz was the Chief Executive Officer at Mobile Money Ventures, LLC (MMV), a joint venture between Citigroup and SK Telecom.

Mr. Gelb has over 20 years executive experience in sales and marketing in financial services and securitization. He worked with Citibank and Chase for 15 years. He joined Emerging Payments Technologies, Inc. in April 2006.

"CredEx helps e-Merchants close more sales. We created an innovative way for merchants to increase customer loyalty, sales and conversion by offering credit on the merchant’s website. CredEx connects e-Merchants and online shoppers with banks that issue revolving lines of credit. CredEx is well positioned to help e-Merchants improve the e-Commerce flow and capture the continued growth in e-Commerce.” says Steve Kietz, Chief Revenue Officer of Emerging Payments Technologies, Inc.

Participating e-Merchants feature the CredEx icon on their websites. CredEx enables e-Merchants to provide a consumer credit offer on their websites. Customers can click and apply for a revolving line of credit.

“CredEx is continually expanding its network of banks and helping more e-Merchants increase their conversion rate and close more sales with a credit offering at point of sale. Today, offering low-interest rate credit online is very attractive to consumers." says Eric Gelb, Senior Vice President of Business Development of Emerging Payments Technologies, Inc.

"Mr. Kietz and Mr. Gelb's experience and expertise are already helping CredEx® leverage its patented Express Verifiable Authorization® technology in a meaningful way. Our innovative platform helps e-Merchants attract new customers and increase webstore profitability. Customers find new revolving lines of credit online, and banks land new customers," says Stephane Touboul, CEO of Emerging Payments Technologies, Inc., creator of the CredEx brand.

About CredEx:
CredEx® http://www.CredEx.net is the flagship brand of Emerging Payments Technologies, Inc. - a leader in alternative billing and payments for over 10 years. CredEx® refers consumers to its partner banks that may issue a revolving line of credit. Participating merchants feature the CredEx® icon on their webstores and CredEx facilitates e-Commerce by connecting e-Merchants, consumers and banks. Express Verifiable Authorization® patented technology is the cornerstone of the CredEx® process. CredEx's owners have built several major companies and are recognized leaders in the US and Europe in the mainstream and alternative payments industry.


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