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Corporation
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Business Process Outsourcing (BPO)
primepay.com

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Partners & Customers

8

About PrimePay

PrimePay offers online payroll, benefits admin, time and labor management, and HR services.

PrimePay Headquarter Location

1487 Dunwoody Drive

West Chester, Pennsylvania, 19380,

United States

877-446-9729

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Expert Collections containing PrimePay

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find PrimePay in 1 Expert Collection, including Fintech.

F

Fintech

7,256 items

US-based companies

Latest PrimePay News

Primepay Announces The Launch Of Its New Digital Payment Platform

Dec 14, 2021

Primepay Announces The Launch Of Its New Digital Payment Platform Primo wallet set to provide seamless financial transaction service. Author: TORONTO, Dec. 13, 2021 /PRNewswire/ -- Primepay, a leading digital payment platform provider, has launched Primo wallet in other to provide seamless digital financial services for easy payment for individuals and corporate clients. Globally, there have been tremendous advances in the financial sector, with lots of payment services made through the internet to make payment easy for both individuals and businesses. One of such is the use of digital wallet services to make payment safe and easy for users. However, it is no news that some services have limited offers or have a complicated user interface. Primo Wallet is Primepay's original a digital payment platform that supports virtual and electronic currencies. The wallet aims to solve different problems with digital payment services. The platform is suitable for individuals and corporate clients. With the Primo Wallet, users can seamlessly make digital financial transactions from anywhere in the world. Knowing that there will be beginners that will love to access this platform, you can use the wallet service by downloading a dedicated mobile app. Speaking on the services to be provided by the primo wallet, the CEO Ivan Hijikata was happy to reiterate that "the new customer service will start offering Primo wallet from 14 Jan 2022. It will provide six key services that are close to the daily life of users." In the future, we will further upgrade the wallet service and provide the best service chosen by our customers."  He added. The services are as follow; Deposit and withdrawal services in local fiat currencyWe provide deposit and withdrawal services in the local legal tender of each country we handle. We meet the needs of end-users by providing deposit and withdrawal services in the legal tender as well as deposits and withdrawals in virtual currency Money transfer service between user walletsWith the primo wallet, users can transfer money from one user to another in legal tender and primo token. Cryptocurrency purchase serviceYou can purchase major virtual currencies, including Primo tokens, with the virtual currency purchase function of Primo Wallet. At the time of sale, it can be sold on our virtual currency exchange. Mining serviceWe provide mining services for popular virtual currencies such as FIL coins through wallets. You can easily start mining by simply sending money to your mining account using fiat currency or Primo Token. OTC ServiceThis service enables users to post their quotes on buying and selling their cryptocurrency by using fiat currency. Primo Point Payment ServicePrimo points can be exchanged for products, including Amazon gift certificates at Primo point exchange malls and shopping malls of service providers. The CEO further said," Our services are provided to individual and corporate clients as end-user services and corporate payment solution services. The corporate payment solution is used as a primo payment gateway solution for businesses that have difficulty introducing a payment solution due to the characteristics of the business, and the primo wallet service is provided to the end-users of the business." Cashless payments and common points have begun to spread with the spread of the digital payment society using virtual currencies in recent years. However, cash payments still account for the majority in certain countries. Primo Wallet provides the merit that users in Asian countries can deposit and withdraw from the wallet in the local legal currency and get points returned every time they pay to the service provider through the wallet. Furthermore, by sending money using Primo Wallet's original Primo Token, we provide highly convenient services close to users' daily lives by making remittances between wallets and remittance fees to service providers free of charge. ABOUT PRIMEPAY Primepay is a financial service company that operates fiat exchanges and regulates Canadian foreign exchange, remittance, and fiat transactions as Money Service Business-Financial Services Business (Registration License Number: M21234921). And is licensed from FINTRAC, which supervises, and is licensed for fiat and virtual currency remittance operations. View original content to download multimedia: https://www.prnewswire.com/news-releases/primepay-announces-the-launch-of-its-new-digital-payment-platform-301443710.html SOURCE PrimePay Solutions Limited

PrimePay Acquisitions

3 Acquisitions

PrimePay acquired 3 companies. Their latest acquisition was SyncHR on April 30, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/30/2021

Debt

$99M

$52.14M

Acquired

1

10/9/2019

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$99M

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10

9/27/2016

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$99M

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10

Date

4/30/2021

10/9/2019

9/27/2016

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

$99M

Total Funding

$52.14M

Note

Acquired

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Sources

1

10

10

PrimePay Partners & Customers

8 Partners and customers

PrimePay has 8 strategic partners and customers. PrimePay recently partnered with Blackbaud on June 6, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

6/22/2020

Partner

Blackbaud

United States

PrimePay Joins Blackbaud Partner Network as a Technology Partner.

With this partnership , PrimePay joins a network of companies that provide applications and offerings that extend Blackbaud 's cloud solutions in new ways .

2

2/28/2020

Partner

TPA Stream

United States

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10

11/1/2018

Partner

Ease

United States

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10

10/17/2018

Partner

Employee Navigator

United States

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10

10/4/2017

Partner

BeneChoice Enrollment Solutions and Technology

United States

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10

Date

6/22/2020

2/28/2020

11/1/2018

10/17/2018

10/4/2017

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Blackbaud

TPA Stream

Ease

Employee Navigator

BeneChoice Enrollment Solutions and Technology

Country

United States

United States

United States

United States

United States

News Snippet

PrimePay Joins Blackbaud Partner Network as a Technology Partner.

With this partnership , PrimePay joins a network of companies that provide applications and offerings that extend Blackbaud 's cloud solutions in new ways .

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Sources

2

10

10

10

10

PrimePay Team

10 Team Members

PrimePay has 10 team members, including current Founder, Chief Executive Officer, William J. Pellicano.

Name

Work History

Title

Status

William J. Pellicano

Founder, Chief Executive Officer

Current

Frank McNamara

Chief Executive Officer

Current

Michael Pires

President, Chief Operating Officer, Executive Vice President

Current

Ed Hughes

Chief Financial Officer, Executive Vice President

Current

Karen Cimorelli-Moor

Chief Operating Officer, Executive Vice President

Current

Name

William J. Pellicano

Frank McNamara

Michael Pires

Ed Hughes

Karen Cimorelli-Moor

Work History

Title

Founder, Chief Executive Officer

Chief Executive Officer

President, Chief Operating Officer, Executive Vice President

Chief Financial Officer, Executive Vice President

Chief Operating Officer, Executive Vice President

Status

Current

Current

Current

Current

Current

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