Entrust Bankcard Company
 | |
| Company type | Private |
|---|---|
| Industry | Merchant Services, Financial services |
| Founded | Mesa, Arizona, U.S. 2006 |
Area served | Worldwide |
Key people | Nathan J. Reis (CEO) |
| Products | Point of sale, online gateway, wireless payment services, and gift card/loyalty programs |
| Services | Finance |
Number of employees | 158 (2010) |
| Website | www |
Entrust Bankcard is a payment processing company based in Phoenix, Arizona in the United States. Founded in 2006, Entrust Bankcard was listed at #18 on Inc.'s 2011 "Inc. 500" of the 500 fastest growing companies in America.[1]
2010 revenue for Entrust Bankcard was $9.4 million, an increase of 8,417% over 2007's $110 thousand. Entrust grew from 6 employees to 158 employees during that time.[1] Since 2008, Entrust Bankcard has gone from serving 800 customers to almost 4,000 by November 2010.[2]
Entrust Bankcard claims to donate 10% of its profits toward Engage Foundation but never followed through. The Engage Foundation is a charity owned by Nathan J. Reis, the Entrust Bankcard CEO. The Engage Foundation is directed towards single mothers and young children as Reis was raised by a single mother in Wisconsin.[2]
On May 20, 2011, the Better Business Bureau revoked the accreditation of Entrust Bankcard, leaving it with a rating of "F".[3]
References
[edit]- ^ a b "Inc. 500: Entrust Bankcard". Inc. 9 June 2011. Retrieved 14 September 2011.
- ^ a b "Business owner scores $1million prize". AZ Central. 8 Nov 2010. Retrieved 19 September 2011.
- ^ "Entrust Bankcard, LCC review". Retrieved 6 February 2012.