Gate hires former Apple payments exec Mark Gerban

Gate (Global Acceptance Transaction Engine), welcomes Mark Gerban to their company as Chief Commercial Officer. Mr. Gerban brings with him over 10 years of experience in the payment industry and will be responsible for ensuring the integrated commercial success of the company worldwide.

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“The next wave of payments will have a focus on the Internet of Things, and GATE’s technology provides the perfect solution for making payments accessible at all times. Even when consumers do not have access to the internet in their cars, clothes, watches or other devices, they can still have secure access to their payments,” says Gerban. “Leaving Apple to join GATE was not an easy decision. But once I understood the technology and the impact it could have in the payments space, it was only natural to join.”

During his time at Apple, Mr. Gerban led team efforts to investigate new worldwide payment solutions and partners, as well as creating new payment concepts and product features for the App store and digital businesses. Additionally, he is an EU PSD2 regulatory expert in e-commerce and retail channels.

As Chief Commercial Officer, Mr. Gerban will oversee the commercial strategy and development of GATE, including taking ownership of the customer interface with GATE’s product, making sure that all functions of the organization are aligned to meet its strategic commercial objectives.

“Mark is a true expert in the payments space, having worked with some of the top companies in the industry. We know he will bring extensive knowledge and experience to our team, and we’re all looking forward to working with him,” says Richard Foster, GATE’s CEO & Co-Founder. Yosi Morik, Chairman & Co-Founder of the company, adds “Mr. Gerban is an outstanding addition to the company and brings with him a wealth of experience. We are more than excited to have him be a part of GATE.” 

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