Simpay (company)

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]

Alpha Card Services, LLC
TypePrivate company
IndustryFinancial services, point-of-sale (POS) solutions, Payroll
Founded2000 (2000)
Headquarters
Trevose, Pennsylvania
,
United States
ServicesMerchant Services
Point-of-Sale (POS) Systems
Payroll Services
Gift & Reward cards
Merchant Cash Advance
ATM Services
OwnerLazaros Kalemis
Number of employees
65
Websitewww.simpay.net

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

The firm is a registered as an Independent Sales Organization and Merchant Services Provider (ISO/MSP) with Wells Fargo Bank.[2]

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.

History

Alpha Card Services was founded by Lazaros Kalemis and Dimitrios Tsikoudis in October 2000 in Philadelphia, Pennsylvania. 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][5] 2007 (#99),[6] 2008 (#292),[7] 2009 (#416)[8]

December 2012, the firm acquired Comstat Payroll, based in St Louis, MO.[9]

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

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.com. VISA. Retrieved 23 July 2018.
  3. Greensheet Article - The low-attrition ISO, retrieved November 11, 2018
  4. "Booi Casino Privacy Policy". booi.in. 2022-12-25. Retrieved 2023-01-17.
  5. "Alpha Card Services - Huntingdon Valley, PA - The Inc.5000". Inc.com. Retrieved 2012-08-10.
  6. "The 2007 Inc. 5000 List - Rome Corp. through Accuray". Inc.com. Retrieved 2013-10-23.
  7. "The 2008 Inc. 5000 List - WilDon Solutions through TopCoder". Inc.com. Retrieved 2013-10-23.
  8. "The 2009 Inc. 5000 List - Most Brand Development + Advertising through Spinnaker". Inc.com. Retrieved 2013-10-23.
  9. "Alpha Card Services acquires payroll services provider". Burlington County Times. December 7, 2012. Retrieved July 23, 2018.
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