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Payment tech company gets new head of ISO sales


TAMPA, Fla. — Sterling Payment Technologies, a leading national payment processor, has appointed Jeffrey Akeson to executive director of third party/ISO sales.

Sterling Payment Technologies is a customer-focused payment processor which provides merchants with a complete range of electronic payment services, including credit, debit, PIN debit, fleet, gift card and proprietary rewards and loyalty programs. The company combines POS technology and value-added merchant solutions.

Akeson will lead Sterling’s ISO business development strategy. He will be charged with driving initiatives to build ISO programs and support, further enhancing Sterling’s unique technology for sale by ISOs and helping Sterling ISOs increase their market share through the sale of loyalty solutions.

“I’m proud to bring someone of Jeff’s caliber on board,” said Paul Hunter, president and CEO of Sterling Payment Technologies. “Jeff brings 14 years of bank card industry experience and formidable agent recruitment skills that will fuel Sterling’s growth in 2013 and beyond.”

Prior to joining Sterling, Akeson was VP of third party sales with payment processor PowerPay for seven years, where he was responsible for recruiting and establishing sales procedures that supported the company’s growth objectives. In that role, Akeson introduced new tools, processes and value-added products and services that resulted in a significant expansion of the company’s sales portfolio.

Akeson was a founding member of Cornerstone Payment Systems, where he was director of sales and marketing until the company was sold to Sage Payment Systems five years later.

At Sterling, Akeson will develop a strategic plan to expand the company’s ISO sales channel by building significant relationships with sales partners and helping their organizations and agents excel in the payment industry.

"My commitment is not only to help facilitate Sterling's growth but to take a personal interest in an ISO or agent's success," Akeson said. "If they're not successful, that means we’re not successful. I’m proud to join Sterling and look forward to working with the Sterling team to help grow the ISO sales channel."

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