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Alpha Card Services, LLC d/b/a Simpay

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Alpha Card Services, LLC d/b/a Simpay
Private company
ISIN🆔
IndustryFinancial services, point-of-sale (POS) solutions, Payroll
Founded 📆October 24, 2024; 23 months ago (2024-10-24)
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
ServicesMerchant Services
Point-of-Sale (POS) Systems
Payroll Services
Gift & Reward cards
Merchant Cash Advance
ATM Services
OwnerLazaros Kalemis
Members
Number of employees
147
🌐 Websitewww.simpay.net
📇 Address
📞 telephone

Simpay (formerly Alpha Card Services, but legally still Alpha Card Services, LLC) is a United States–based company that provides card processing services, payroll, Point of sale (POS) systems, gift and reward cards, ATM services, and merchant cash advances to smaller businesses in a wide variety of industries in the United States.[1][not in citation given]

Founded in 2000, Simpay is headquartered in Trevose, Pennsylvania, with a satellite office in Rocklin, California.

The firm is a registered as an independent sales organization and merchant services provider (ISO/MSP) with Wells Fargo Bank.[2][not in citation given]

In addition to its staff, the firm partners with independent resellers, agents, and other ISOs around the country who sell the product line to local merchants, businesses, and professional firms.[citation needed]

History

Alpha Card Services was founded by Lazaros Kalemis and Dimitrios Tsikoudis in October 2000 in Philadelphia, Pennsylvania.[citation needed] In 2005, the company moved to a larger location in Huntingdon Valley, Pennsylvania.[3]

In May 2006, Alpha Card Services added its first new service line – Alpha ATM Services; in 2011 it added POS Services and Payroll Services. These services include card processing and merchant cash advances.

Alpha Card Services was listed as one of Inc. Magazine’s 500 fastest-growing privately held companies in the United States for three years.[4][not in citation given] 2007 (#99),[5][not in citation given] 2008 (No. 292),[6][not in citation given] 2009 (No. 416)[7][not in citation given]

December 2012, the firm acquired Comstat Payroll, based in St Louis, Missouri.[8][not in citation given]

In June 2013, the company moved its headquarters to its current facility in Trevose, Pennsylvania.

In October 2017, the company rebranded itself to the marketplace as Simpay.

References

  1. ↑ "Simpay Solutions". Simpay. Retrieved 23 July 2018.
  2. ↑ "Simpay Solutions VISA Global Registry of Service Providers". Visa Inc. Retrieved 23 July 2018.
  3. ↑ Greensheet Article - The low-attrition ISO, archived from the original on November 11, 2018, retrieved November 11, 2018 Unknown parameter |url-status= ignored (help)
  4. ↑ "Alpha Card Services - Huntingdon Valley, PA - The Inc.5000". Inc.com. Retrieved 2012-08-10.
  5. ↑ "The 2007 Inc. 5000 List - Rome Corp. through Accuray". Inc.com. Retrieved 2013-10-23.
  6. ↑ "The 2008 Inc. 5000 List - WilDon Solutions through TopCoder". Inc.com. Retrieved 2013-10-23.
  7. ↑ "The 2009 Inc. 5000 List - Most Brand Development + Advertising through Spinnaker". Inc.com. Retrieved 2013-10-23.
  8. ↑ "Alpha Card Services acquires payroll services provider". Burlington County Times. December 7, 2012. Archived from the original on July 24, 2018. Retrieved July 23, 2018. Unknown parameter |url-status= ignored (help)


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