Michael Nardy, Founder and CEO of Electronic Payments, was exposed to entrepreneurship at a very young age and always had a passion for business. His family’s longstanding privately-owned business in the Hamptons of Long Island, New York encouraged Mr. Nardy to pursue entrepreneurial opportunities in his childhood and early adult-life.
During his undergrad at Boston College in the year 2000, Michael, started selling auction software to anyone and everyone he possibly could. From the US, to china. Michael sold it to anyone that he could during the dot.com explosion. While selling this software, he realized quickly that there was a need for payment and transaction processing services. After graduating with a dual degree in English and History, He raised the bar and changed the way of transaction and merchant services. He moved Electronic payments to his home town of Long island New York and hired 20 employees.
Now to this date, Nardy continues to elevate Electronic Payments’ products, services and reputation as one of the most respectable acquirers and transaction processing companies in the nation. Since the company’s incorporation, he has realized four office expansions, established an unparalleled staff of over 70 in-house employees, a network of 800 agents nationwide, and a portfolio of propriety, innovative products and services. With revenues exceeding $57 Million and a consistent rapid growth rate, Electronic Payments has received numerous industry accolades, including Deloitte & Touch LP and Inc. 500/5000 rankings for five consecutive years. The company now boasts more than 25,000 clients and processes over $6 Billion annually.
What is inspiring here, is that he while in the heat of college, came up with this ingenious idea. Even though he was born to be an entrepreneur, its what you do with that capability that makes them a real entrepreneur. People like Michael inspire me to create something worthwhile that benefit all.
Very cool! Interesting that he graduated with History and English degrees and went into the electronic payment industry. This is a pattern we have seen a lot looking at entrepreneurs and their background which is really great.Thanks for sharing his inspiring story!