Paysafe Group, a global payments provider, announced on Thursday it has appointed Afshin Yazdian as CEO of its newly formed U.S. Acquiring division. According to Paysafe, Yazdian will for bringing to life Paysafe’s vision of being the U.S.’s leading payments solutions provider.
Paysafe reported that Yazdian has more than two decades of leadership experience in payments. Most recently, he was President of Priority Payment Systems (PPS), a Georgia-based payments technology company serving over 174,000 merchants throughout America. Prior to that, he served as President and CEO of New York-based Cynergy Data before its merger with PPS. Earlier in his career, he worked for iPayment for over a decade as Executive Vice President and General Counsel and was instrumental in the formation of the company, itself was acquired by Paysafe in 2018.
Paysafe further revealed the appointment of Yazdian completes the executive leadership team for Paysafe’s recently restructured Payment Processing business unit, which now operates as two, distinct customer-focused divisions. Yazdian takes charge of the U.S. Acquiring division-leading Paysafe’s third party and direct channels; meanwhile, Paulette Rowe serves as CEO of its global Integrated and eCommerce Solutions division. Both divisions report directly into Paysafe Group CEO Philip McHugh. Speaking about Yazdian’s appointment, McHugh stated:
“The current COVID-19 outbreak poses significant challenges for our direct merchant customers as well as our ISO and Agent partners, and we’re confident that Afshin, with his track record of building and managing high growth organizations, and his laser focus on customer service, will ensure that we all emerge stronger as the market stabilizes.”
Yazdian added:
“We will strive to rapidly change the payments industry and become the leading provider of payment solutions in the U.S. by both utilizing technology and focusing on an exceptional customer experience.”
Founded in 1996, Paysafe claims to be a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions.