News | April 8, 2014

JetPay Payment Services Hires Payments Expert Nancy Ann Barnhart As Chief Information Officer

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JetPay Corporation (“JetPay” or the “Company”) is pleased to announce on behalf of its subsidiary, JetPay Payment Services, the hiring of Nancy Ann Barnhart as Chief Information Officer. Ms. Barnhart brings more than 20 years of experience in the payments industry to her new position, most recently at American Express.

Ms. Barnhart began her payments industry career at Gensar Technologies, later known as Chase Paymentech, where, over a ten year span, she became a Senior Director, first of their data center then in the Advanced Product Group, which she redesigned to focus on the needs of value-added resellers. She next founded her own Independent Sales Organization – Integrated Card Systems – where she obtained funding to buy a major merchant portfolio. Eventually, this business was turned over to a business partner. Ms. Barnhart then turned her talents to a Senior Director position at Heartland Payments Systems, where she performed product management for card associations and proprietary gateways.

Ms. Barnhart joined American Express in 2011. She worked as Senior Manager of Strategy and Business Development for fee-based products, where she managed business development efforts for FX International Payments, Merchant Financing and other fee-based revenue programs. Ms. Barnhart also managed the brand implementation for American Express’ new acquisition program where acquiring partners can provide direct processing, settlement and payments to merchants doing under $1M in American Express Card transactions through certified processors. JetPay Payment Services was one of the first processors to certify on the program and performed the first transaction in November, 2013. JetPay markets its program under the brand name OneCall.

Ms. Barnhart received her education from El Paso Community College and the American Institute of Banking. She also studied data communications at AT&T and Tandem Computer systems at Tandem. She holds numerous certifications and awards and is a member of the National Association of Professional Women, W-Net, ETA, and many credit card associations. She currently volunteers for the American Leukemia and Lymphoma Society, where she does fund raising for the charity.

Bipin C. Shah, Chairman and CEO of JetPay Corporation commented: “We feel very privileged to have Nancy on our management team. She is a true innovator in the payments industry. With her expertise in strategic planning and team building, as well as her knowledge of programming, we expect JetPay’s platform to continue to be one of the most responsive and versatile in the industry. Nancy’s attention to customer requirements will also allow us to build enhancements faster and with continued efficient service to our customers.”

Ms. Barnhart commented on her arrival at JetPay: “I was looking for an innovative and growing company that offers a broad range of payments services to customers of all sizes. I wanted a company where I could be a significant contributor to its continued growth plans and success; where I could play a key role in molding the technical platform and product base into one of the best in the industry. JetPay offers these opportunities along with the excitement of working with some of the real pioneers in the payments industry. I look forward to helping them continue to move the bar for our business and our customers.”

About JetPay Corporation
JetPay Corporation, based in Berwyn, PA, is a leading provider of vertically integrated solutions including card acceptance, transaction processing, payroll, payroll tax filing and other financial transactions. JetPay provides a one vendor solution for payment services, debit and credit card processing, ACH services, and payroll and tax processing needs of businesses throughout the United States. The company also offers low-cost payment choices for the employees of these businesses to replace costly alternatives. Its vertically aligned services provide customers with convenience and increased revenues by lowering payments-related costs and by designing innovative, customized solutions for internet, mobile, and cloud-based recurring payments.

About JetPay Payment Services
JetPay Payment Services, a division of the JetPay Corporation, headquartered in Carrollton, Texas, a suburb of Dallas, is a premier provider of a front-end and back-end credit card, check, and mobile payments processing, specializing in technology solutions for the e-commerce and card-not-present marketplace. JetPay Payment Services supplies full processing and acquiring services for some of the largest e-commerce sites on the web today. The company offers processing services to banks, sales organizations, and businesses of every size. For more information, visit www.jetpay.com Or www.jetpaycorporation.com And www.jetpaypayroll.com.

SOURCE: JetPay Corporation

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