What Happened?
Atlanta, GA-based Merchant e-Solutions Appointed Naveed Ashraf as Chief Technology Officer
Date of management change: April 28, 2020
Atlanta, GA-based Merchant e-Solutions Appointed Naveed Ashraf as Chief Technology Officer
Merchant e-Solutions is the leader in simplifying payments. Merchant e-Solutions helps merchants accept payments anywhere and easily manage all on one platform. Merchant e-Solutions provides a global network and enables merchants to securely do business in multiple channels including online, mobile, and in-person. Our industry-leading technology platform, flexible and customized reporting, and world-class service provide customers, banks, partners and developers with the most comprehensive payment services in the market. Merchant e-Solutions is a U.S.-based company that was founded in 1999, in the heart of Silicon Valley. With headquarters located in Atlanta, GA and registered in the state of Delaware, Merchant e-Solutions is both a merchant acquirer and global processor, processing over $14 billion in annual transaction volume and supporting 150 global currencies including all major credit cards, debit, and alternative payment solutions. Merchant e-Solutions is owned by Cielo S.A., Latin America`s leader in electronic payment solutions. Cielo S.A. acquired Merchant e-Solutions in 2012 primarily for its industry-leading technology platform, world-class service, and payment expertise. Headquartered in Sao Paulo, Brazil, Cielo S.A. is a publicly traded company serving more than 1.3 million active merchants and covers 99% of Brazilian territory.
Naveed Ashraf is Chief Technology Officer at Merchant e-Solutions. Previously, Naveed held various senior IT leadership roles in the industry.
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