iVertical Payment Network (“iVPN”) is a Fintech company with a proprietary cashless payment platform based on 9 issued U. S. patents and two pending patents.
Cards are issued pursuant to a license from PULSE, a Discover Company.
iVPN is a Florida limited liability corporation formed in October 2017. iVPN activities are regulated under Title 12 Chapter II of the Federal Reserve System Part 235 as a Payment Acceptance Network, the Electronic Transfer Funds Act, Regulation E, and the National Automated Clearinghouse House (NACHA).
iVPN falls within the definition of a “debit card” found in federal regulations 12 C.F.R. §§235.2 (f) and (i).
A FEW WORDS ABOUT US
We’ve done this before in convenience stores.
Joe Randazza
CEO
Granted 9 US patents in ACH electronic payment methods, Mr. Randazza was CEO of National Payment Card Association, now branded zipline.biz, for 11 years. A longtime entrepreneur with four successful exits from companies he founded, Mr. Randazza has been an angel investor and a funding partner in a venture capital firm.
Alex Havenick
Chief Regulatory Officer
Attorney, gambling and software entrepreneur, Mr. Havenick is currently the Executive VP of Southwest Florida Enterprises, where he heads operations for Magic City Casino.
Ted Zuccarelli
Chief Technology Officer
Over 25 years of experience in software development and served as the CTO for Zipline.biz, Mr. Zuccarelli previously served as VP of Engineering for Innovative American Technology.
Ira Friedman
Chief Marketing Officer
With over 30 years of local and national media experience, Mr. Friedman has helped found, grow, lead and sell 2 private media companies over a 15-year period.
Bill Deichler
Director of Sales
With 22 years at Murphy USA in various positions, Mr. Deichler spent his last 6 years managing payments acceptance / processing. He has been a respected member and thought leader in the Convenience Store industry for two decades.