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CompanyProfile
Lewis said. "He'd kind of pick my brain, though at the time I didn't realize
he was trying to recruit me. And I thought, 'You know, if there is a time to
control your destiny and decide what to do with your career, now is it.' I also
feel that alternative and mobile payments are really up and coming, so I said
sign me up."
Keeping priorities, addressing complaints
Lewis is responsible for expanding the company's market and vertical segments
and developing its ISO reseller channel. And she added that though
mPayy is planning cross-border expansion through 2010 and beyond, the
United States will continue to remain the priority market for mPayy, where
it will also address merchants' biggest
complaints: issues surrounding fraud,
PCI mandates and interchange fees.
"We work outside the credit card space
as an alternative payment provider,
and it's incumbent upon us as a new
company to help them control the lion's
share of their costs, which is interchange
from Visa and MasterCard,"
Lewis said.
"Additionally, we provide secure debit
and ACH solutions that are low cost to
the merchant and guaranteed against
fraud – which is more appealing than
anything else in today's market."
Lewis noted that mPayy's biggest challenge
may also be its greatest asset,
which is the company's size.
"We're a smaller organization," she said.
"We certainly don't have the name recognition
of a Chase, but unlike Chase
or PayPal or Bill Me Later, we're small
enough that we can quickly identify
the market needs and trends in order to
build the products and services based
on client demands. We've got the latest
technology and a great team of folks
who can create innovative payment
solutions as the market stipulates."
Staying genuine, always fair
As a payment and IT specialist, Sheehan
said he will always strive to help
mPayy's team create new and more
secure payment applications; however,
the customer- and staff-centric focus
will continue to remain at the core of
mPayy's infrastructure and business
model.
"I think everyone here at the company
believes in what we're doing and what
we're accomplishing in terms of providing
the best deal to merchants and
consumers," Sheehan said.
"We take the approach that we have a
great system, we're priced fairly and
we don't ever take our merchants for
granted.
"In order to prevail in this industry, it's
paramount that we're genuine and fair
to each other as well as to all our merchants
and vendors," he shared.