Gary Palmer

President, CEO & Chairman

Gary's committed to solving problems and adding value in ways others can't, won't or don't -- and Payall was formed from this passion. Gary identified that many corporations have special situations -- from operating across multiple-jurisdictions to depending on independent agents or contractors, and these create complex challenges for making and receiving payments. In these instances, acquiring processors, issuing processors, FinTech companies and regulated entities simply fall-short of exactly what's needed. And this is where Payall shines. Gary's role at Payall is to lead the solution-development and positioning to ensure clients are delighted. 

In 1997, Gary co-founded WildCard Systems. The company became the global leader of Visa, MasterCard, Discover and American Express branded prepaid cards providing services to top-tier financial institutions and non-banks around the world. The company was acquired by eFunds in July 2005 for USD $262 million. 

At eFunds, Gary served as Executive Vice President of Global Strategic Business Development and was part of the executive team that sold eFunds to Fidelity National Information Services (NYSE: FIS) in September 2007 for $1.8 billion USD. Gary worked as a part-time advisor at FIS through 2009. 

Since 2009, Gary's been an active investor in and advisor to FinTech companies and related businesses including co-founding Adaptive Payments which MasterCard acquired in 2015. He was also a co-founder and former Chief Executive Officer of Wavecrest Holdings (Gibraltar), which he exited in 2012. And in 2016, he made a large investment in and became Chairman of  TECS, a global payment processing leader based in Vienna, Austria.  

Additionally, he's a former director of the Electronic Funds Transfer Association, founding director and former Chairman as well as President of the National Branded Prepaid Card Association; and Gary served as a director at the Center for Financial Services Innovationuntil his 10-year term limit expired in 2015.

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