SOURCE: Paymetric, Inc.

Paymetric, Inc.

May 28, 2014 10:46 ET

UPDATE: Paymetric Announces Unprecedented Customer and Revenue Growth

Secure Payment Acceptance Market Leader Expands Client Roster Due to Increasing Market Demand for Its Proprietary Solutions, XiPay® On-Demand and XiSecure® On-Demand

ATLANTA, GA--(Marketwired - May 28, 2014) - Paymetric Inc., www.paymetric.com, the leading provider of integrated and secure enterprise payment acceptance solutions, today announced that it dramatically grew its sales bookings by 40 percent in comparison to Q1 2013, strengthening its position as the standard in excellence for electronic payment and tokenization technology.

Asif Ramji, CEO and President of Paymetric, said, "Due to increased market demand for our suite of securely integrated payment acceptance solutions, we continue to expand our presence in the industry while focusing on an aggressive hiring strategy and product roadmap to meet and exceed our customers' needs. Our continued growth is a direct reflection of our customer-centric approach to provide a word-class client experience from implementation to ongoing support."

Paymetric recently expanded its Atlanta headquarters due to its increased market presence and is breaking ground on its new Austin, TX office to accommodate its substantial employee growth while expanding its product offerings and partnerships to offer the most complete payment management solutions in the industry.

Cameron Balash, SVP of Sales and Business Development, said, "We have expanded both our sales, marketing and business development teams to support our record-breaking customer acquisition. Additionally, our mission is to scale our presence on a global level."

For more information about Paymetric, its suite of solutions and its recent acknowledgments as an Info Security Products Award Winner for Global Excellence and an Atlanta Business Chronicle Pacesetter Award winner, please visit www.paymetric.com.

About Paymetric
Paymetric, Inc. is the leading provider of integrated and secure electronic payment acceptance solutions that enable companies to streamline the order-to-cash process, reduce the scope and financial burden of achieving PCI compliance and improve return on electronic payment acceptance. Paymetric's solutions support virtually every type of electronic payment in any enterprise system where payment is accepted. Paymetric is a recognized industry leader and is a three-time award-winning SAP partner. The company has also been awarded for its innovation and growth by Red Herring, Inc. Magazine, Atlanta Business Chronicle and the Technology Association of Georgia. Visit www.paymetric.com for additional information.

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