Michael Edelson Email & Phone Number

Agoura Hills, California, Us

Vitu provides innovative, cutting-edge services to the motor vehicle industry. The Vitu platform and its solutions, including California & Montana Credit Card processing for DMV business & 50-state title and registration services.Senior Product Manager and Subject Matter ExpertProvided business models, negotiated, executed, and managed Payment Facilitator and gateway processing agreements with Fiserv, Clover, FDHS, Telecheck, PayPal, Apple Pay, and Google Pay. Led the development team providing design specifications and business requirements, testing, validation, and reconciliation of the Vitu processing gateway. Successfully launched the gateway with major automotive retail dealerships as beta merchants. A few of the market differentiators of the Vitu gateway are fully integrated DMS for automotive dealerships, near real-time processing cost breakdowns, card association-compliant service fee and surcharge functionality, in-house merchant statement generation, and integrated PayPal, Apple, and Google digital wallets. * Provide subject matter expertise on payment processing, business development, complete product lifecycle management, and vendor management.* Team builder, partner manager, budgeting, P&L & ROI, coordinate with managers & executives.* Deliver Vitu's strategic & tactical payment processing goals.* Provide payment processing business development.* Review & execute vendor agreements and growth strategies.* Negotiated and executed payment processing agreements with Fiserv, Clover, Telecheck, FDHS, PayPal, Apple Pay & Google Pay.* Delivered a payment processing gateway operating as a PFAC providing automotive dealers with a fully DMS-integrated payment processing solution.

Edelson Enterprises is a consulting firm that works with businesses to resolve payment processing issues and maintain compliance with local, state, and federal regulations.Senior Payment Manager and ConsultantPioneered the launch and continued management of this consulting firm, serving as a trusted advisor to clients seeking guidance and direction on solutions for credit card processing, risk management, e-commerce, payment systems, and other merchant services.Collaborates with client leadership to establish strategies to build businesses and teams, scale revenue, modernize technologies, and explore opportunities in new markets. Advises clients on maintaining compliance with rules and regulatory requirements governing credit card payment processing, including PCI-DSS, offering services that include training, business process re-engineering, and technical solutions. * Retained by an investor to build a streaming video studio from the ground up, achieving profitable growth within the first three months; assumed a lead role in forming the business, establishing legal documents and business plans, securing a lease, and coordinating IT infrastructure setup. Hired and trained all staff members and the leadership team.* Served as the architect of a custom CRM platform for a client in the Microloan industry, retaining developers to build a solution within Amazon AWS to track merchant accounting process, monitor performance across accounts, and store the information necessary to maintain compliance with regulatory requirements and credit card association rules. This CRM platform served as the foundation for 200% growth in client revenue within six months.* Established an SMS platform leveraging Amazon AWS for an entertainment company engaged in Astrology, improving the client’s ability to manage reservations and manage accounts through text messaging.

ACINET is a provider of private billing and collections systems. FABilling is a wholly-owned startup of ACINET. Chief Executive Officer, Chief Technology OfficerInitially hired as the CEO of FABilling before transitioning to a role as CTO of ACINET, with accountability for leading all facets of information technology and information systems for the business and its subsidiaries.As CEO of FABilling, launched a groundbreaking private billing solution for online products and services based on SMS text messaging, featuring credit checks, account setup, billing, and invoicing. Introduced a solution to service consumers who preferred not to use a credit card or bank information online while building a base of commercial accounts in industries with a high risk of fraud. The SMS text messaging infrastructure could send 10 million texts per month at a fraction of the cost of existing solutions.* Outstanding results, recruiting a beta merchant to test the service, which produced over $1M in monthly processing revenue. Secured new business by showcasing the company’s credit card risk management strategies designed to lower bad debt and increase conversions.* Delivered a 100% gain in gross profit while substantially lowering costs through the modernization of technology systems, including replacing call center systems with open-source solutions, implementing a data center, and migrating key systems to private cloud architecture.* Restored the company to compliance with credit card association guidelines relating to chargebacks, introducing new risk management frameworks that eliminated 50% of chargebacks and maintained the company’s ability to process credit card transactions.

Us

Network Telephone Services Inc. provides communication services. The Company offers turn-key communications operating systems for commercial use and is the leading interactive telephone and internet billing service provider offering the world's most robust billing platforms.Chief Executive OfficerRevolutionized the company's performance, establishing a top leadership team and a solid business plan and strategy aligned with the vision and goals of the Chairman and the Board of Directors. Orchestrated and executed technology projects that included migrating infrastructure to private cloud architecture and VMware virtual environments, adopting VOIP solutions, and developing a PCI-compliant credit card processing gateway.* Transformed company performance through strategic planning and technology initiatives, achieving business alignment and growth.* Orchestrated migration to private cloud architecture, VOIP solutions adoption, and development of PCI-compliant credit card processing gateway.Chief Technology Officer* Maintained full responsibility for leading the upgrade of existing and new technology for the $100 million annual operations and services. * Recruited and managed a team of 40 individuals, including project managers, analysts, software engineers, and coders.* Championed the development and successful deployment of private billing and collections systems.* Spearheaded the development of numerous technology upgrades, new systems, and services that drove revenue growth initiatives.

Aa, Business Administration And Management, General

Engineering