At PaymentVision, we understand the importance of looking back to move forward. Our journey, marked by innovation and growth, reminds us that every step shapes our present achievements. Join us as we celebrate the path we’ve traveled, from our beginnings to becoming a leader in financial technology. Each milestone reflects our dedication and propels us into the future with renewed vigor.
In 1989, Autoscribe (mother of PaymentVision) emerged as a visionary endeavor founded by the forward-thinking entrepreneur Rob Pollin. Recognizing the untapped potential within the payment processing landscape, we set out on a mission to revolutionize the industry. Armed with unwavering determination and a keen eye for innovation, we aimed to streamline and enhance the payment experience for businesses and consumers alike.
How a little company made BIG moves and got noticed
PaymentVision swiftly gained momentum as a trailblazer, reshaping the payment processing landscape. A pivotal moment arrived in 1992 when we unveiled our groundbreaking creation: the check by phone application for DOS. This pioneering achievement marked a significant milestone not only for PaymentVision but for the entire payments industry. By providing a seamless and efficient method for processing payments via telephone, we not only showcased our technical prowess but also underscored our commitment to driving convenience and efficacy.
Our vision and dedication quickly turned into an enterprise that not only endured the test of time but also carved an indelible legacy within modern commerce and extended to the founding of Lyons Commercial Data, a distinguished division within PaymentVision Corporation.
When asked about the biggest challenges we faced when attempting to break into the competitive landscape of the payment processing industry, their response was:
“We are in the payments space. Staying abreast of the latest technology and regulations are critical, but one of the biggest threats is leading with experience. No one wants to give their hard earned money way…so we have to design smooth, efficient and frictionless payment experiences.”
Forging Tomorrow’s Transactions: PaymentVision’s Patent Parade and Trailblazing Triumphs (1996-2003)
From 1996 to 2003, PaymentVision witnessed an exhilarating surge in growth and innovation, propelling us to unprecedented heights within the payment processing domain. With a steadfast commitment to our mission, we proudly secured a remarkable total of 5 patents, a tangible testament to our unyielding spirit of innovation.
During this transformative period, we unveiled pivotal advancements, notably the evolution of our check by phone application and the revolutionary ACH pay by phone system (now on its 3rd generation). These milestones solidified our reputation as industry pioneers, pushing us to venture further into the digital realm with our online IVR pay system, seamlessly fusing convenience and security.
These groundbreaking solutions resonated profoundly with evolving consumer and business needs, reinforcing our dedication to excellence. The patents we secured during this era not only validated our contributions but also laid a robust foundation for a legacy that continues to shape the trajectory of payment processing technology.
Navigating Innovation: PaymentVision’s Milestone-rich Journey (2004-2011)
Our journey at PaymentVision was marked by significant strides in the payment processing industry. We introduced second-generation payment processing applications, leveraging cutting-edge technology for enhanced convenience and security. A remarkable highlight was achieving a milestone of over 1 billion dollars in processed payments.
This period showcased our unwavering commitment to innovation and excellence, solidifying our position as industry leaders who are unafraid to tackle big challenges.
Elevating Horizons: PaymentVision’s Thriving Era of Growth and Achievement (2011-2019)
From 2011 to 2019, our journey at PaymentVision entered a dynamic phase of rapid growth and monumental achievements. This period marked a defining chapter in our evolution, demonstrating our unwavering commitment to innovation, excellence, and expansion.
During these years, we proudly achieved the remarkable milestone of processing 5 billion dollars in payment transactions. This accomplishment not only highlighted the trust placed in us by businesses and consumers but also showcased the scalability and effectiveness of our payment processing solutions.
A pivotal moment in our journey was the establishment of our headquarters in Jacksonville, Florida. This strategic move reflected our dedication to enhancing our operational capabilities and strengthening our presence in the industry. The new headquarters became a hub of innovation, collaboration, and customer-focused solutions.
Furthermore, our dedication and growth were acknowledged when we earned a coveted spot on the Inc. 5000 list. This prestigious recognition affirmed our status as one of the fastest-growing companies in the nation, a testament to our team’s relentless drive and the impact we were making in the payment processing landscape.
The years from 2011 to 2019 were characterized by remarkable achievements, a clear reflection of our passion for pushing boundaries and our commitment to delivering exceptional value to our clients. As we expanded our horizons and broke new ground, we remained true to our core principles of innovation, integrity, and customer-centricity.
Pioneering Tomorrow: PaymentVision’s Ongoing Quest for Innovation (2019-Present)
As we stand at the present day, our journey at PaymentVision continues with an unwavering commitment to drive the payments industry forward. The trail we’ve blazed so far only fuels our determination to explore new horizons and embrace the ever-evolving landscape of technology and customer expectations.
From 2019 to the present, the indomitable spirit of innovation at PaymentVision burns brighter than ever, guided by brilliant minds of inventors such as Brian Downey and Sean Fleming who recently helped achieve a landmark patent for the company. With immense pride, we’ve successfully secured an additional 3 patents, a testament to our relentless pursuit of pioneering advancements. These remarkable achievements solidify our commitment to reshaping the boundaries of the payment processing realm, honoring our enduring mission to redefine what’s achievable.
Recognizing the shifting tides of technology and the changing needs of our clients, we’ve developed cutting-edge solutions to stay at the forefront of the industry. Our state-of-the-art test (SMS) and web-based payment solutions not only reflect our technical leadership but also cater to the evolving demands of modern businesses and consumers.
What’s Next For PaymentVision?
As we look to the future, our journey remains guided by the same core values that propelled us from our humble beginnings. Innovation, customer-centricity, and a relentless pursuit of excellence continue to be our guiding principles. Together, with an unyielding spirit, we’re poised to shape the payments industry’s future, one groundbreaking solution at a time.
From our CEO Rob Pollin, “We want to see our company continue to grow financially but also in influence. We are driving positive change and cutting edge solutions. We want to help shape the future of payments and financial services.”
