Founded in 1990, JetPay processes more than 20 billion in transactions domestically with a rapidly growing international group of merchants, to which they offer payment services and features, including batch processing, high-speed authorization, check guarantee and check conversion, split automated clearinghouse transactions, fraud protection and 24-hour customer service.
The company’s services can be developed and executed according to the specific needs of each individual merchant.
To date, SafetyPay has partnered and integrated with 23 financial institutions and 2,000 merchants worldwide (with a combined customer base of 90 million).
SafetyPay founder and CEO Manuel Montero said according to comScore, US online sales are up 12% to $27.5bn so far this holiday shopping season compared with a year ago.
"As SafetyPay looks to expand our reach within the U.S. market, JetPay’s established presence will enable us to roll out our payment solution to their existing merchant base," Montero said.
