Exact Payments is a leading provider of high performance payment solutions for bank partners, software platforms, and omnichannel merchants. Our cloud technology is built for scale and offers modern Rest APIs, PCI-compliant hosted payment pages, and an intuitive virtual terminal/admin portal. We are integrated with leading processors in the US and Canada, including Fiserv/First Data, Elavon, Global Payments/TSYS, Chase Canada, and Moneris.
Since 1999, the Exact team has been building and supporting payment solutions, which processed more than 1.2 billion transactions and $180 billion total purchase volume (TPV) in 2020. Our team of experts prides itself on delivering 99.99% uptime availability and transaction response times below 700 milliseconds.
Our investors are led by Platform Partners LLC, a private holding company headquartered in Houston, TX. The company completed a recent investment round in November 2020 with Platform taking the lead position. With this latest investment, Rahul Gupta agreed to join the board, serving as its chairman. Rahul is a widely respected leader in financial services technology, having served in senior executive roles throughout his distinguished career, including most recently at RevSpring and Fiserv.
Exact’s leadership team is a group of payments industry veterans who came together based on a shared vision for building payment technology which propels digital commerce for clients and partners. Starting with our open developer portal, full-stack sandbox test environment, and 24/7 technical support team of experienced engineers with deep product knowledge, Exact is committed to delivering fully on each client’s expectations.
Phil is a payments industry veteran with more than 18 years experience in senior and executive leadership roles. Most recently, Phil was Managing Director, Payments at Silicon Valley Bank where he was responsible for building and managing the merchant services business serving the company’s portfolio of Fintech, eCommerce and Life Sciences companies. Prior to SVB, Phil led product strategy, product development and business development for industry leaders including: Fiserv/First Data, FIS and eFunds Corporation.
Phil holds a Bachelors Degree in Government & Law from Lafayette College and MBA in Marketing and Entrepreneurship from University of Rochester.
Ravi brings more than 20 years of experience building and leading technology teams across industries from global payments to Cloud Security, AI/Machine Learning, Data Center Virtualization and mobile application development.
At PayPal, Ravi led the engineering team responsible for Global Payments platform development. His work focused on building exceptional customer experiences across the merchant lifecycle including: onboarding, risk/underwriting, servicing, reporting and disputes management. He and his team led the execution of a Cloud native transformation of payments infrastructure covering a global footprint.
Ravi received his M. Tech. from the Indian Institute of Technology in Mumbai and completed his PhD from Washington University in St. Louis, MO.
Claude began his career in payments 22 years ago in operations and has held a variety of leadership roles including product, channel sales, and business development anticipating trends in the evolution of digital payment. During his most recent position as the Senior Vice President of Digital Revenue Development with Elavon, he led a team of market development professionals driving digital tools for sales and payments. Claude spent time with SVB, Fiserv/First Data, Chase Paymentech, and TSYS.
He holds a Bachelor’s degree in Business Management from the University of Phoenix and is pursuing a Masters of Global Technology and Development at Arizona State University’s School for Global Futures.
Value Our Clients Can Count On
We strive to deliver the highest performance across all services for clients. This commitment extends to our internal processes and controls as well. Each year we complete a SOC2 certification in order to test and validate the complete operations of our business.
Protecting data and platform integrity builds client and partner trust. We are a PCI Level 1 PCI-DSS service provider constantly exploring ways to improve our stance on security.
We solicit feedback to ensure we’re delivering the tools our clients and partners need to optimize their digital commerce businesses.
Our high performance payment gateway processes over 1 billion transactions annually.
We deliver 99.99% uptime availability for our clients and back it up with a service level guarantee.