Electronic Payments Expands Its Facilities – Will Open Dedicated Shipping Warehouse On Long Island

Leading payments processor, Electronic Payments, recently announced it has expanded its real estate portfolio with an acquisition in New York. With the success of their Clover Placement Program and other POS ventures, it has become necessary to expand into a facility dedicated only to deployment. The new facility at 3725 Middle Country Road in Calverton, New York boasts 4,600 sq. ft. and is positioned across the street from the regional FedEx hub. Such a move will increase by four times the amount of space Electronic Payments is able to use for deployment and provisioning for its POS and terminal programs.

Company CEO, Michael Nardy, commented, “As our POS initiatives have taken off, we’ve eclipsed the current space we have for storage and rapidly expanded the deployment team. We couldn’t have found a better place for more space and later shipping times, especially being across the street from the FedEx hub in Calverton.”

The Middle Country Road facility is currently undergoing architectural review and renovations will begin in the near future. Electronic Payments will increase the headcount of the company by at least ten employees in New York to support the new facility which will serve its merchant and agent base across the country. Such a move will also allow the expansion of their current New York and Florida offices which contained space previously dedicated to packaging and shipping.

Mr. Nardy commented, “Strategically, Florida will require larger space than New York, but we are well positioned to increase our headcount beyond the 80 it sits at today and will have ample space to grow in both states. In line with our corporate real estate strategy, we continue to look for real estate opportunities that have the benefit of accommodating our expanding merchant base and staff.”

About Electronic Payments
With “Innovation through every transaction”, Electronic Payments has distinguished itself as one of the fastest growing and highly regarded privately held payment and transaction processing companies in the United States. Electronic Payments currently serves businesses in all industry types and acquires new clients through a network of agent banks, sales agents and independent sales offices (ISOs). For more information, visit www.electronicpayments.com and www.bankcardprogram.com.