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Ron Carter named president of Pay By Touch Payment Solutions

19 October 2006  |  1837 views  |  0 Source: Pay By Touch

Pay By Touch, a leader of biometric authentication, personalized rewards and payment solutions, today announced that Ron Carter, credit card industry veteran and former President and Chief Operating Officer of Verus Financial Management has joined the company as President of Pay By Touch Payment Solutions, LLC.

Carter brings more than 35 years of experience in general management and operations for the banking and financial services industries to Pay By Touch. As President of Pay By Touch Payment Solutions, he will report directly to Pay By Touch's President and Chief Operating Officer, John Morris. In his new role, Carter will be responsible for the day to day operations of the company's payment services divisions, which serve more than 138,000 retail clients.

"Ron Carter is a proven leader and hands-on operator who brings deep financial services and payment processing expertise to Pay By Touch," said John Morris, President and COO, Pay By Touch. "We look forward to working with Ron to make electronic transactions both more secure for consumers and more cost effective for merchants, one touch at a time."

"I am thrilled to be joining such an innovative and dynamic company with a growing reputation for service in the merchant community," said Ron Carter, President of Pay By Touch Payment Solutions. "I look forward to working with John Rogers, John Morris and Pay By Touch's world-class management team to provide merchants everywhere with more secure and convenient transaction solutions."

At Verus Financial Management, a company that provides credit card and check payment processing services to small and mid-sized merchants, Carter managed the acquisition and successful integration of six companies and oversaw day-to-day operations as President and COO. Previously, Carter served as Executive Vice President of Vital Processing Services, where he was responsible for all lines of business, customer relations, sales, operations and information technology. He had served as president of BUYPASS Corporation, a division of Electronic Payment Services, which was acquired by Concord in 1999.

Before becoming an executive in the card payments sector, Carter worked in the financial institutions arena, focusing primarily on operational functions and payment processing. He holds a bachelor's degree from the University of Tulsa.

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