Chandler, AZ – Jan. 2, 2019 – LucentPay, the leader in fee-enabled processing and a full-service payment vendor, has announced the appointment of Michael McDonnell as Senior Vice President of Sales & Marketing. In his new role, Michael will be responsible for all direct and channel sales efforts, with a focus on expanding adoption of LucentPay’s signature product, the No-Cost-to-Biller™ solution. The No-Cost-to-Biller™ processing solution offers unique advantages to service providers, eliminating significant costs through integrated services for all payment channels including phone (TEL), WEB, IVR and text payments.
Mr. McDonnell brings over 20 years of accounts receivable experience to his new role. Previously, he served more than ten years with RevSpring in various roles, most recently as Vice President of Sales & Marketing.
“Michael brings a wealth of experience and knowledge to our executive leadership team and we are looking forward to him driving our marketing and sales efforts to new heights,” said Rob Kennedy, Co-Founder and CEO of LucentPay. “McDonnell’s background and experience will be a valuable asset to the leadership team as our company seeks to accelerate its growth in 2019. He has a deep knowledge of our market, products, customers and channel partners, and the ability to transform that knowledge into actionable results. We’re thrilled to welcome Michael to the team.”
“It is very exciting to be continuing my career in the ARM Industry and working with the team at LucentPay and help them continue their success as one of the Industry’s leading FinTech payment processing firms,” said Michael McDonnell. “I feel very fortunate to work with the great team of professionals at LucentPay. We are well positioned to help our business partners embrace the benefits of LucentPay’s solutions and services to gain efficiencies and improve their business processes.”
LucentPay is a full-service payment processor revolutionizing merchant services by providing best-in-breed payment solutions. The leaders in integrated fee-enabled processing and creators of the No-Cost-to-Biller™ solution which focuses on eliminating processing costs in a compliant manner. We’re excited to simplify payments through our full suite of solutions, PCI Level 1 technology, next day funding, integrations, education and community services. LucentPay also offers competitive pricing for standard payment processing through a number of banking relationships and comprehensive payment acceptance (Visa, MC, Discover, AMEX, HSA/ Flex Cards, Etc.)