Exact Payments, LLC is a leading provider of high performance payment gateway services to bank partners, software platforms and omnichannel merchants. Exact delivers a highly scaled payments platform integrated to leading processors in the US and Canada including: Fiserv/First Data, Elavon, TSYS, Chase Canada and Moneris.
Founded in 1999, Exact is a proven player in the eCommerce payments market with deep expertise building and supporting payment platforms for large banks, government agencies and its own direct client portfolio. Our cloud-based technology is fully redundant and offers comprehensive integration options including Restful APIs, PCI-compliant hosted payment pages and virtual terminal interfaces. The technology stack is built for scale delivering the highest level of performance and reliability at transaction volumes exceeding 1 billion annually.
Exact is headquartered in Scottsdale, Arizona and Vancouver, Canada. Our client support and operations team is comprised of experienced technical personnel who work with clients to deliver highly responsive implementation services and post-sale technical support.
In November, 2020, Platform Partners LLC, a private holding company headquartered in Houston, TX, acquired a controlling interest in in Exact Payments. Upon closing, the Company hired Phil Levy to serve as the Chief Executive Officer and Claude Clausing to serve as the Chief Business Development Officer. Together, they have 40+ years of experience in the payments industry for companies including Fiserv/First Data, Elavon, Silicon Valley Bank and Chase Paymentech.
Rahul Gupta, a payments industry veteran, serves as Chairman of the Board. Rahul previously served in multiple senior executive positions at payments companies, including most recently at RevSpring and Fiserv. Exact founders, Peter Fahlman, Brian Archer and Gersham Meharg, round out the leadership team focused on software development, operations, compliance and security.
Founded in 1999, Exact is a proven player in the eCommerce payments market with deep expertise building and supporting payment platforms for large banks, government agencies and its own direct client portfolio. Our cloud-based technology is fully redundant and offers comprehensive integration options including Restful APIs, PCI-compliant hosted payment pages and virtual terminal interfaces. The technology stack is built for scale delivering the highest level of performance and reliability at transaction volumes exceeding 1 billion annually.
Exact is headquartered in Scottsdale, Arizona and Vancouver, Canada. Our client support and operations team is comprised of experienced technical personnel who work with clients to deliver highly responsive implementation services and post-sale technical support.
In November, 2020, Platform Partners LLC, a private holding company headquartered in Houston, TX, acquired a controlling interest in in Exact Payments. Upon closing, the Company hired Phil Levy to serve as the Chief Executive Officer and Claude Clausing to serve as the Chief Business Development Officer. Together, they have 40+ years of experience in the payments industry for companies including Fiserv/First Data, Elavon, Silicon Valley Bank and Chase Paymentech.
Rahul Gupta, a payments industry veteran, serves as Chairman of the Board. Rahul previously served in multiple senior executive positions at payments companies, including most recently at RevSpring and Fiserv. Exact founders, Peter Fahlman, Brian Archer and Gersham Meharg, round out the leadership team focused on software development, operations, compliance and security.
Location: United States, Arizona, Scottsdale
Employees: 11-50
Founded date: 1999
Investors 1
| Date | Name | Website |
| 12.05.2021 | Platform P... | platformll... |
Mentions in press and media 10
| Date | Title | Description |
| 04.04.2024 | Exact Payments Launches Network Tokenization Service for Embedded Payments | Introducing Network Tokenization by Exact Payments Exact Payments partners with Cybersource, a Visa solution, to deliver network tokenization technology as a featured service in its Payfac as a Service platform SCOTTSDALE, Ariz., April 4, 2... |
| 22.02.2024 | Exact Payments Named a Top 10 Payments ISV by ETA for Innovative PayFac-as-a-Service Solution | Top Payments Software Company Wins Prestigious Award The Electronic Transactions Association (ETA), the world's leading advocacy and trade association for the payments industry, to feature Exact at its upcoming annual conference, TRANSACT, ... |
| 17.01.2024 | Maximizing Efficiency in Online Transactions: Best Practices Revealed | Carl Williams, Tech Times 17 January 2024, 02:01 am (Photo : Nataliya Vaitkevich via Pexels) In a fast-paced digital world, the efficiency of online transactions is both a convenience and a necessity. The speed and reliability of these tran... |
| 09.08.2023 | Ordway and Exact Payments Announce Partnership to Offer All-in-One Billing and Embedded Payments Functionality | How Ordway and Exact Payments are Partnering to transform Billing and Payments “Our partnership with Exact has enabled us to move beyond our traditional business model focused on generating SaaS subscription revenues, to create a new revenu... |
| 27.06.2023 | Exact Payments Announces Foundational PayFac-as-a-Service Solution at Collision 2023 | TORONTO, CA (PRWEB) June 27, 2023 Exact Payments, a cutting-edge embedded payments company, will be launching its foundation PayFac-as-a-Service (PFaaS) offering at one of the industry’s leading technology events, Collision 2023, in Toronto... |
| 26.06.2023 | 11 SaaS Billing Strategies To Maximize Business Revenue | Strategies for boosting revenue are crucial to every SaaS business. The growing SaaS market competition necessitates businesses to implement effective and innovative billing strategies to maximize their revenue streams. The right billing st... |
| 23.07.2021 | Exact Payments Announces Launch Of New Payments Platform | New cloud payment gateway delivers high performance digital commerce solution for banks, software platforms and omnichannel merchants Exact Payments announced the launch of its next generation payment gateway now fully deployed in the Amazo... |
| 20.07.2021 | Exact Payments Announces Launch of New Payments Platform | |
| - | Exact Payments Announces Launch of New Payments Platform | SCOTTSDALE, Ariz., July 20, 2021 /PRNewswire/ — Exact Payments (“Exact” or the “Company”) announced the launch of its next generation payment gateway now fully deployed in the Amazon Web Services Cloud (“AWS Cloud”). The new platform repres... |
| - | Exact Payments Adds New CTO Ravi Rajamiyer to its Executive Team | SCOTTSDALE, Ariz., March 10, 2021 /PRNewswire/ — Exact Payments, LLC (“Exact”) announced today that Ravi Rajamiyer, M. Tech. / PhD, has joined the company as its Chief Technology Officer. Ravi brings more than 20 years of experience buildin... |