Based in London and founded in 2010, PaymentSense is an independent sales organization and merchant service provider of First Data, which is one of the largest payment processor’s in the United States. Serving more than 30,000 businesses in the UK, PaymentSense offers countertop, online, and mobile payment solutions.
George Karibian and Jan Farrons founded PaymentSense because they understood what it was like for small businesses to be burdened with high credit card processing fees. When they created the company, it was designed to serve small businesses with little or no experience in the credit card processing industry.
The company aims its services at small businesses. Some business owners may have little or no experience with card processing technology. Additionally, PaymentSense states it can set up a merchant with a card machine in three days and a payment gateway or virtual terminal in as little as 24 hours.