Boca Raton, FL -- January 25, 2008 – Payventures, LLC, is pleased to announce the addition of payments industry veteran Rayce Jonsrud. As a Partner, Rayce will be primarily responsible for business development, partner relations and strategy.
Rayce has over 18 years experience in the payment and ecommerce industries, most recently the Senior Vice President of Sales and Marketing for Retail Decisions’ Pre-Paid and Fuel Card businesses in Australia. Prior to his appointment in Australia, Rayce was Vice President of Sales at Retail Decisions USA, the North American division of the company. Rayce has also held sales and/or sales management positions with American Express, Paymentech, BSG Payments and Chase Merchant Services.
“Payventures creates value by clearly understanding the requirements of our customers and matching them with our partners’ core competencies. Rayce has an ideal background and has built a solid reputation in the industry as a trusted resource for merchants and service providers alike”, said Jeff Foster, founder of Payventures.
Payventures was founded in 2007. The company specializes in the design and implementation of comprehensive acquiring solutions including domestic and international processing, payment gateway software and services, fraud detection and prevention, global currency conversion and acceptance of alternative methods of payment.