- Over $2 billion payments processed in 2015, a 45% increase over 2014 in the first full year under CEO Edz Sturans
- Adoption of Payrazr® payment solution suite reinforces the company’s growth
- Executive leadership advancements in recognition of company’s achievements and to fuel continued growth into 2016
Phoenix, Ariz. January 12, 2016 – BillingTree®, a leading payment solutions provider experienced strong growth during its first full year of operations under CEO Edz Sturans. The company continued its expansion as a developer of software and technology plus merchant services provider within key industries including ARM, Personal Finance and Healthcare collections. Total payment processing volume exceeded $2 billion for the year, a 45% increase over 2014 and driven in part by the launch of the company’s Payrazr® payment solution suite.
In recognition of the leadership contributions to BillingTree during this highly successful 2015, a number of Executive Committee promotions have been announced:
- Nils Krumins, who joined BillingTree as Sr. Director Professional Services has been promoted to VP of Operations and Client Success.
- Dave Yohe, has been elevated from his position as Sr. Director of Corporate Marketing to become VP of Marketing.
- Dan Vaith, previously Director of Finance, is now Senior Director of Finance and has also joined the company’s Executive Committee.
BillingTree successfully launched and experienced strong customer adoption of its Payrazr payment solution Suite in 2015. Payrazr is a collection of best in breed and in-house developed payment solutions that serve customers ‘card not present’ payment needs; offering multiple payment channel options and helping ensure payment compliance in the heavily-regulated payments industry. The company also unveiled a complete branding refresh, including a redesigned logo, a revamped website and the adoption of the tagline “Growing Payments with Technology”.
BillingTree’s attention to company culture and growth was rewarded by recognition as one of 2015’s Best Places to Work in Arizona in the small business category by the Phoenix Business Journal. This was attributed to BillingTree employee’s ratings of the company as well as its commitment to give back to the community.
“2015 was another milestone year for BillingTree with the launch of the Payrazr payment solution suite, corporate rebranding and ongoing adoption of our services and technology,” said Edz Sturans, President and CEO of BillingTree. “Our company culture is key to our success, marked by BillingTree ranking as one of the top ten best small businesses to work in Arizona. I am pleased to recognize our entire team’s achievements as we prepare to deliver many more exciting innovations in 2016.”
BillingTree® is the leading, technology focused payment solutions company providing innovative Accounts Receivables products and services that enable organizations to increase efficiency and decrease costs of processing payments while adhering to compliance regulations. For over a decade, BillingTree has committed itself to understanding the marketplace and growing payments with technology, helping merchants accept multiple payment channels while offering comprehensive value their clients have come to rely on. BillingTree has a reputation for dependable solutions and extraordinary customer service, processing billions of dollars of payments annually through a suite of solutions and services that integrate with your company’s needs. Visit MyBillingTree.com or call 877.4.BILLTREE for payment technology that works.