Payment Partners ([http://www.paymentpartners.com]), a leading provider of international electronic funds transfers and payment services, announced the appointment of Randy W. Salo as the companyâs Chief Technology Officer.
Salo joins Payment Partners to lead the technical development of its Enâpointsm service ([http://www.en-point.com]), which enables businesses and individuals to easily, quickly and cost-effectively move funds across international borders.
âIâm thrilled to be joining Payment Partners at a time when an industry such as global payments is in such dire need of modernizing,â said Randy Salo, Payment Partnersâ new CTO, âdelivering leading-edge solutions to update age-old commerce systems is exciting and I look forward to the challenge.â
âWe are delighted to have Randy Salo as our technology leader,â said Gregory J. Bjorndahl, CEO of Payment Partners, âhis expertise and vision will greatly assist us in providing our time and money saving service to all clients with the need to make and receive cross-border payments.â
Salo comes to Payment Partners with over 20 years experience in engineering, project management, sales and marketing. Most recently he has been a technology planning consultant for companies including Intel (Nasdaq: INTC), LogicTree and Sensoria. And previously Salo held other executive and senior engineering management positions at Qualcomm Inc. (Nasdaq: QCOM), BrookTree/Rockwell, and Mentor Graphics (Nasdaq: MENT), as well as co-founding Wireless Knowledge, Inc.
Salo holds a BS in Computer Science from Oregon State University and is a member of ACM, EIA, and AEA. Salo also sits on the board of several privately held companies.
About Payment Partners
Payment Partners offers international electronic funds transfers and payment services to individuals, corporations, and private-label partnerships. Clients reduce the waiting period to receive funds, reduce the costs of transfers, and receive detailed reporting on-line.
EnâpointSM, ([http://www.en-point.com]) the Companyâs direct electronic funds transfer service, allows users overseas to safely and economically send funds to holders of US bank accounts for fees as low as $5. Individuals and businesses can receive payments from international senders or move funds into their USD bank and investment accounts. The En’point service provides transaction reporting unavailable through traditional wire transfers and international drafts permitting both senders and receivers to track payments on line and match this information with their internal accounting systems.
Transfers are made from any existing foreign bank account to any financial institution using a clearing network operated in concert with JP Morgan Chase and various automated clearing mechanisms around the world. Payment Partners is headquartered in Irvine, California, USA. For more information visit [http://www.paymentpartners.com].