Company History

Federated Payments was founded in 1999 by John Guirguis with a clear mission – to provide the best possible merchant services and support for small to midsize business merchants. With a firm understanding of the operations side of the business, Mr. Guirguis was actively seeking to expand the company’s sales and marketing initiatives.

 

With this in mind, John turned to his longtime friend, Jon Levitt. Mr. Levitt was operating as an ISO with EVO Merchant Services. A true sales professional, Mr. Levitt’s organization closed over 1,000 merchants within the first six months of business. With Mr. Guirguis’ proficiency on the operations side and Mr. Levitt’s keen sales abilities, they realized that their areas of expertise complemented each other perfectly. In 2003, they merged their two organizations into what is now Federated Payment Systems.

Federated currently supports over 25,000 merchants throughout North America with their payment processing and related business needs. To meet mounting demands, the company has built an extensive network that currently includes over 400 sales and support representatives including Independent Sales Offices throughout the US and, more recently, Canada.

Much more than a typical payment processing company, Federated Payments world class sales and support teams are constantly helping business owners grow via a consultative approach. The company offers a wide array of value-added services as alternative funding, check acceptance, gift and loyalty card programs services as well as its industry-leading Agent Partner Portal.

Significant Corporate Milestones

1999

  • Federated Payments Founded by John Guirguis

2000

  • Federated acquires its 1,000th Merchant

2003

  • Jon Levitt joins as CEO
  • Federated doubles in size, moves to Melville offices

2005

  • Federated launches OnePay USA, its wholesale division
  • Federated moves again to Huntington Quadrangle doubling in size again
  • Federated signs its 10,000th Merchant

2006

  • After 2 years of development, Federated introduces Safepay, its proprietary ecommerce gateway, as well as a state-of-the-art MSP and dialer
  • Scott Avery promoted to SVP of Sales

2007

  • Federated launches industry leading portal for ISOs and Sales Agents
  • Federated Named Fastest Growing Processor in the U.S. (Nilson Report)
  • Federated launches Federated Canada and quickly becomes the leading card processor
  • Evan Schweitzer joins as CFO
  • Jim Perri promoted to VP Operations

2008

  • Federated signs it’s 25,000 Merchant

2009

  • Federated celebrates 10 Years of Excellence and Growth.

2010

  • Federated launches new corporate Web site to help support merchants get up and running quicker and add value to our customers.

2014

  • Federated celebrates 15 years of outstanding service and support..