Los Angeles (PRESS RELEASE – October 11, 2010) – When Inc. Magazine announced its list of America’s fastest growing companies for 2010, PaymentMax won the #151 ranking spot. Even more impressive in an economy that has been beleaguered with lay-offs and recession is the #12 finish among the financial services industry. These rankings were earned by attaining a three-year growth rate of 1830% at a time most growth was blooming in the government services sector.
PaymentMax was founded in 2004 as a provider of merchant account services. Max Payton, Vice President of Sales and Director of Business Development at PaymentMax, credits the phenomenal growth this way, “The iPhone 4 credit card processing and droid credit card processing has enabled us to keep and maintain this momentum.”
PaymentMax provides merchant services for processing credit cards at point of sale terminals and mobile processors. As cell phone technology has continued to expand and develop, the company aggressively sought small and mid-size businesses and helped enable them configure their portable devices like Smartphones and iPads for processing all major credit cards. Processing transactions on-the-go and in real time is complemented with the ability to fully integrate these sales with those made via online at a website and in person at retail stores when used with QuickBooks accounting software.
The 2010 Inc. Magazine #151 ranking was based on measuring revenue growth between 2006 and 2009. Companies that made the list are those with good management that were able to capture and harness fresh ideas. PaymentMax did that by showing its customers how easily they can take a device that they already own, such as an android phone or an iPhone 4, and use it in a new way.
PaymentMax offers an attractive business solution for the processing transaction needs of small retailers, healthcare providers, restaurateurs, and to businesses of a highly mobile nature with their three-prong company philosophy to provide competitive rates, speedy funding, and 24/7 customer service.