Echelon Payment Solutions Group Transitions to Modern Identity

Echelon Payment Solutions Group Transitions to Modern Identity

MELVILLE, N.Y. -- Echelon Payment Solutions Group, formerly known as EPSG, is a prominent player in the payment processing sector, has recently rebranded to better encapsulate its dynamic growth and responsiveness to the evolving payment landscape. This strategic shift to the new name, Echelon, symbolizes the company's commitment to delivering top-notch services and innovative solutions tailored to its partners and merchants. With a robust network of over 4,000 sales partners handling transactions exceeding $7.5 billion annually, Echelon is set to redefine industry standards.

Commitment to Partners and Merchatns

Brent Rose, Echelon’s CEO, emphasizes the company's mission: "Our transformation into Echelon signifies a successful journey, driven by the dedication of our outstanding employees and their collaboration with sales partners who provide exceptional solutions to merchants." Echelon prides itself on fostering an environment of honesty and integrity, focusing on personalized customer service that aims to promote partner growth rather than sheer profit margins. The ethos of offering fair contracts and safeguarding partner investments firmly aligns with the company's vision of sustainable expansion.

Unique Offerings and High Retention Rates

In the competitive world of payments processing, Echelon differentiates itself through strong relationships and committed support. Its rigorous adherence to data security has resulted in commendable merchant retention rates. Since its inception in 2006, Echelon has consistently provided reliable and timely residual payments, further cementing trust with sales partners and merchants. This focus has garnered respect within the industry, where many partners have begun to notice Echelon’s unwavering commitment to stable and transparent operations.

A Fluctuating Industry Landscape

The payments processing industry is witnessing unprecedented changes and challenges, moving towards digitization and e-commerce. Echelon is navigating this landscape by unveiling innovative technologies that cater to the diverse requirements of merchants. Brett Sturm and Richard Ross, Echelon’s Co-founders, affirm that the company was crafted by sales partners for sales partners, emphasizing the importance of understanding unique merchant needs amidst an array of payment choices.

Achievements and Growth Milestones

Remarkably, just a few months into 2024, Echelon has matched the revenue achieved for the entire year of 2023. Average residual payouts have risen by 24% compared to prior years, and approval rates are at an impressive 93%. Such growth can be attributed to the unique benefits Echelon offers, such as lifetime residuals starting from day one, empowering partners with full control over their portfolios, and providing true ownership opportunities through flexible employment options.

Cultural Transformation at Echelon

Echelon has meticulously fostered a corporate culture centered on teamwork and a genuine passion for addressing technical challenges, values that are now inherently represented in its new branding. As stated by Jim Czekner, the CTO and COO of Echelon, "The collaborative environment among our talented employees and sales partners enhances our capabilities to develop cutting-edge payment solutions tailored for today's fast-paced market." This collaboration is poised to drive further innovation as the industry continues to develop.

About Echelon

Echelon Payment Solutions Group, established as EPSG in 2006, has been revitalized to portray its long-standing commitment to excellence in meeting the needs of the payments industry. Echelon stands tall, offering robust and secure solutions while ensuring an exceptional level of customer support. With a strong focus on integrity and transparency, Echelon truly prioritizes the success of its sales partners, merchants, and reaffirms its position as a trusted partner within the payment processing field. Discover more about Echelon's offerings and philosophy at echelonpayments.com.

Frequently Asked Questions

What prompted the rebranding of EPSG to Echelon?

The rebranding reflects the company's growth and commitment to adapting to the changing needs of the payment processing landscape.

How does Echelon maintain its merchant retention rate?

Echelon emphasizes personal relationships, timely payments, and a commitment to fair business practices to ensure high merchant satisfaction.

What benefits does Echelon offer its sales partners?

Sales partners enjoy lifetime residuals, portfolio control, true business ownership, and flexible employment options with Echelon.

When was Echelon founded?

Echelon, originally founded as EPSG, started its operations in 2006.

What distinguishes Echelon from its competitors?

Echelon’s unwavering dedication to partner success and personalized support sets it apart from other providers in the industry.

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