The Green Sheet Online Edition

September 14, 2009 • Issue 09:09:01

Payment companies get ink on Inc. 5000

Congratulations are in order. Despite the colossal, global economic nose dive that has touched people in all walks of life, the number of payments industry organizations included in the 2009 Inc. 5000 more than doubled over 2008.

Each year Inc. ranks the fastest growing companies in the United States, based on net sales growth. Aggregate revenue among Inc. 5000 companies increased to $214 billion in 2009, up $29 billion from a year ago.

Following are payment companies that made this year's cut, seven of which ranked high enough for inclusion in the Inc. 500. The list indicates which ones are repeat honorees, the year each business was founded and sales volume growth since 2005.

Electronic Payments Inc.

• Overall 2009 ranking: 70
• Overall 2008 ranking: 81
• 2008 Financial Services Top 100 ranking: 8
• Founded: 2000
• Growth: 2,208.2 percent

Payscape Advisors

• Overall 2009 ranking: 161
• Founded: 2004
• Growth: 1,161.8 percent

American Bancard LLC

• Overall 2009 ranking: 246
• Overall 2008 ranking: 99
• 2008 Financial Services Top 100 ranking: 11
• Founded: 2001
• Growth: 887.8 percent

Alpha Card Services Inc.

• Overall 2009 ranking: 416
• Overall 2008 ranking: 292
• 2008 Financial Services Top 100 ranking: 18
• Founded: 2000
• Growth: 620 percent

Gravity Payments

• Overall 2009 ranking: 433
• Founded: 2004
• Growth: 599.4 percent

Electronic Check Services Inc.

• Overall 2009 ranking: 449
• Founded: 1997
• Growth: 579.6 percent

Electronic Cash Systems Inc.

• Overall 2009 ranking: 481
• 2008 Financial Services Top 100 ranking: 14
• Founded: 1997
• Growth: 544.1 percent

YapStone Inc.

• Overall 2009 ranking: 662
• 2009 Financial Services Top 100 ranking: 30
• 2008 Financial Services Top 100 ranking: 62
• Founded: 1999
• Growth: 418.4 percent

Spectrum Merchant Services

• Overall 2009 ranking: 669
• Founded: 1998
• Growth: 414.5 percent

Higher One Inc.

• Overall 2009 ranking: 736
• Overall 2008 ranking: 502
• Founded: 2000
• Growth: 390.4 percent

SecurityMetrics Inc.

• Overall 2009 ranking: 754
• Founded: 2002
• Growth: 383.6 percent

Payment Alliance International

• Overall 2009 ranking: 880
• 2008 Financial Services Top 100 ranking: 37
• Founded: 2005
• Growth: 343.1 percent

RewardsNOW Inc.

• Overall 2009 ranking: 934
• 2009 Financial Services Top 100 ranking: 39
• Overall 2008 ranking: 2,459
• Third consecutive year on Inc. 5000 List
• Founded: 1997
• Growth: 326.3 percent

Secure Cash Network Inc.

• Overall 2009 ranking: 965
• Founded: 2003
• Growth: 316.8 percent

ProfitPoint Inc.

• Overall 2009 ranking: 1013
• Overall 2008 ranking: 59
• 2009 Financial Services Top 100 ranking: 43
• Founded: 2004
• Growth: 2,642 percent

Capital Network Leasing

• Overall 2009 ranking: 1,025
• Founded: 1999
• Growth: 299.4 percent

Cynergy Data LLC

• Overall 2009 ranking: 1,066
• Overall 2008 ranking: 609
• Founded: 1995
• Growth: 290.8 percent

PreCash Inc.

• Overall 2009 ranking: 1,145
• Overall 2008 ranking: 997
• 2008 Financial Services Top 100 ranking: 57
• Founded: 1998
• Growth: 277 percent

United Bank Card Inc.

• Overall 2009 ranking: 1,394
• 2008 Top 100 Financial Services ranking: 70
• Overall 2005 ranking: 19
• Fifth consecutive year on Inc. 5000 List
• Founded: 1999
• Growth: 229.5 percent

Paperless Transaction Corp.

• Overall 2009 ranking: 1,411
• Founded: 1998
• Growth: 226.8 percent

VSoft Corp.

• Overall 2009 ranking: 1,494
• Founded: 1996
• Growth: 214.5 percent

eCommLink Inc.

• Overall 2009 ranking: 3,022
• Founded: 2003
• Growth: 91 percent

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

Prev Next