CardWeb.com’s CardExecs database of payments industry movers and shakers today features Philip Fayer, President and Chief Executive Officer of Pivotal Payments.
Mr. Fayer founded Pivotal Payments in 2003 to make payment processing more accessible to small and mid-sized businesses. The company has since expanded to provide merchant services to large corporations, chains and franchises.
Today, Pivotal Payments serves more than 70,000 merchants in North America and has 450 employees and processes over US$12 billion in annual transaction volume.
Mr. Fayer’s leadership is broadly recognized, having been named one of Canada’s Top 40 Under 40 for 2009 as well as receiving the Ernst & Young award for Emerging Business in 2003. Under his leadership, the organization was a finalist for the top 50 best managed companies in Canada by Deloitte and Touche.