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.
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