Inc. Magazine Recognizes Element Payment Services as one of the Fastest Growing Companies in 2011

Inc., the premier magazine for entrepreneurs and business owners, released its 2011 list of the 5000 fastest-growing private companies in America. Included on the list is Element Payment Services.

For more than 30 years, Inc.’s list of the fastest-growing companies list has served as evidence of the significant accomplishments of enterprises. Being listed among these companies is a testament to the creativity, resilience and tenacity of America’s top entrepreneurs.

Element Payment Services has become an industry-leading provider of PCI compliant payment processing solutions. And now Element joins a prestigious pedigree of companies who have made Inc.’s list before, including Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Patagonia, Oracle, Zipcar and more.

“On behalf of Element, it is truly an honor to be recognized by Inc. as one of the fastest-growing companies in 2011,” said Sean Kramer, CEO and President, Element Payment Services. “This is a testament to hard-working people at Element who have helped this company achieve what it has since its inception. We are excited for the years to come.”

Element Payment Services provides fully integrated solutions to merchants through partnerships with leading independent software vendors (ISVs). Element’s approach to payment processing is built on a simple idea – remove the value and accessibility of cardholder data to eliminate the risk. In fast, Element's innovative technology, Hosted Payments, was the first payment processing solution on the market to take software providers out of scope for PA-DSS/PCI DSS compliance requirements.