Jeff Foster

Current

Managing Director at Payventures, LLC
Partner / Investor at 3Cinteractive

Past

Executive Vice President at Retail Decisions
Co-Founder / VP, Business Development at Paymentplus, Inc.

Education

Albion College

Recommended

6 people have recommended Jeff

Connections

500+ connections

Industry

Financial Services

Jeff Foster’s Summary

Seasoned executive in the credit card acquiring, online payments, mobile payments, billing, telecommunications and risk management industries.

Quoted, referenced and featured in various publications, including The Wall Street Journal, Business Week, The Financial Times, The Washington Post, The Washington Business Journal, Internet Retailer, The Nilson Report, and Credit Card Management in addition to being a sought after speaker within the payments industry. Appeared as a keynote or featured speaker at more than 50 events around the world and appeared on Bloomberg Television and ABC News.

Jeff Foster’s Specialties:

Global acquiring / credit card processing solutions, electronic payments, online payments, foreign currency conversion and hedging, online credit card fraud prevention and risk management systems for the ecommerce, mobile payment, mobile content delivery, retail, telecommunications, online dating, social networking industries. Specialize in online retail, online travel, wireless, prepaid wireless, VoIP, LDS.

Jeff Foster’s Experience

Managing Director

Payventures, LLC

(Privately Held; 1-10 employees; Financial Services industry)

December 2006 — Present (2 years 8 months)

eCommerce is a global marketplace with increasing opportunities and challenges that emerge daily. An online business can transact with anyone, anywhere in the world, but optimizing those opportunities are the key to sinking in a saturated market and being the first in your space to open a new region or currency.

Payventures specializes in the design and implementation of e-commerce solutions for merchants. Our areas of expertise include:

o Domestic and International Acquiring
o Payment Gateway Software and Services
o Fraud Detection and Prevention
o Traffic Optimization
o Global Currency Conversion, Hedging and Acceptance
o Alternative Methods of Payment
o Data Collection and Customer Conversion Solutions
Partner / Investor

3Cinteractive

(Privately Held; 51-200 employees; Telecommunications industry)

August 2006 — Present (3 years)

3Ci is an industry leading mobile application and services company. We deliver comprehensive technology and professional services solutions that mobilize our client’s brands and content. We simplify these initiatives by managing the development and implementation processes end to end.

At our Company we strive to deliver both the Art and the Science of a successful mobile program. The science is the technology that fuels our platform and connects our clients to wireless carriers around the world. The Art defines our focus on getting things done and navigating the processes necessary to take a great idea... and make it a reality.

It’s this expertise that makes our company special, and allows our clients to distribute their content to consumers anywhere… at anytime.
Executive Vice President

Retail Decisions

(Public Company; 201-500 employees; RTD.L; Computer Software industry)

February 2002 — July 2006 (4 years 6 months)

Responsible for sales, marketing and public relations for North American territory. ReD sells payment software and services, risk management software and services as well as payment industry and telecommuncations consulting services.
Co-Founder / VP, Business Development

Paymentplus, Inc.

(Privately Held; 11-50 employees; Computer Software industry)

January 1998 — February 2002 (4 years 2 months)

Sold company to Retail Decisions in 2/2002

Additional Information

Jeff Foster’s Interests:

Running, marathons, travel, non-fiction and historical novels

Jeff Foster’s Groups:

Merchant Risk Council (MRC), Direct Response Forum (DRF), Electronic Transactions Association (ETA), National Automated Clearing House Association (NACHA), National Retail Federation (NRF), eTail, Mobile Marketing Association (MMA), shop.org