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Lazaros Kalemis | |
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Born | Philadelphia, Pennsylvania, U.S. | November 15, 1972
Alma mater | La Salle University |
Occupation(s) | Founder and CEO, Simpay (United States) |
Years active | 2000– |
Lazaros Kalemis (born November 15, 1972) is a Greek-American businessman. He is the founder and chief executive officer of Simpay (United States), [1] a payment processing and merchant business solutions company headquartered in Huntingdon Valley, Pennsylvania, formerly known as Alpha Card Services.
Kalemis received the Philadelphia 40 under 40 award in May 2012 and was a finalist for the SmartCEO Circle of Excellence award in the Distinguished Leadership category in July 2012. [2] [3] In 2012, he was named a finalist for the Ernst & Young Entrepreneur of the Year Award.[ citation needed ]
A two-time cancer survivor, Kalemis was diagnosed with Non-Hodgkin's Lymphoma in 1998 and with Chronic Myeloid Leukemia in 2005. [4]
Kalemis was born in 1972 in the Frankford section of Philadelphia, Pennsylvania, to Greek immigrants who arrived in the United States in 1970. [4] He worked for his family's pizzeria, Original Boston Style Pizza, in Philadelphia.[ citation needed ]
While pursuing a marketing degree from La Salle University, Kalemis started Kaleo Publications at age 19. Kaleo Publications was a global business directory publisher, and Kalemis eventually employed 135 employees in offices in Pennsylvania, Arizona, and California. He sold Kaleo Publications to a partner in 1998 after being diagnosed with Non-Hodgkin's Lymphoma at age 24. [5]
Kalemis graduated from La Salle University with a degree in Marketing in 1997.
In 1999, he opened a second pizzeria location with his parents, called New Boston Style Pizza, in the Rhawnhurst section of Philadelphia.[ citation needed ]
The idea for Alpha Card Services reportedly came from a layover Kalemis had at Rome's Fiumicino airport in 2000. [5] [6] He read a Philadelphia Inquirer article about the growth of credit card use and shared it with his friend, Dimitrios Tsikoudis. In October 2000, they co-founded Alpha Card Services.
Under Kalemis's leadership, Alpha Card Services became the 60th largest merchant acquirer in the United States [7] and the 143rd largest acquirer in the world, [8] as ranked by the Nilson Report. Alpha Card Services provides merchant services and other services, such as Payroll, Point-of-Sale Systems, Gift and Reward Cards, ATM Services and Merchant cash advance, to over 15,000 U.S. locations and processes over $2 billion in credit card volume annually.
In addition to Alpha Card Services, Kalemis controlled Pinnacle Merchant Advance, Alpha POS Services [9] and Alpha Payroll Services, divisions of Alpha Card Services. Pinnacle Merchant Advance focuses on merchant cash advances, Alpha POS Services provides point-of-sale (POS) systems, and Alpha Payroll Services provides Payroll Services. [10]
On October 17, 2013, Kalemis won the SmartCEO Circle of Excellence award under the Professional Services category. [11]
Kalemis founded Alpha Card Cares. [12] The organization aims to support various causes.
Kalemis and Alpha Card Cares have been involved with several charities and volunteer events, including the Kids & Hope Foundation, [13] Susan G. Komen 3-Day for the Cure, [14] Big Brothers Big Sisters of Bucks County, [15] The Leukemia & Lymphoma Society's Light The Night Walk, [16] and the Walk to Defeat ALS, Greater Philadelphia Chapter. [17]
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card by touch (contactless), or by inserting the card and keying in a PIN as with swiping the magnetic stripe. Debit cards are similar to a credit card, but the money for the purchase must be in the cardholder's bank account at the time of the purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase.
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer, and indicates the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt, as proof of transaction, which is usually printed but can also be dispensed with or sent electronically.
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George R. Jensen Jr. is an American businessman who founded USA Technologies Inc., (USAT), a high-tech company that developed the ePort, the first wireless networked cashless payment technology for vending machines, unattended Point-of-Sale (POS) terminals, and kiosks.
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Wave is a Canadian company that provides financial services and software for small businesses. Wave is headquartered in the East Bayfront neighborhood in Toronto, Canada.
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Leaf is a platform technology by Leaf Holdings, Inc. that serves as a central hub for small business commerce. The Leaf platform consists of a tablet computer built specifically for Point of Sale (POS), and a cloud-based software tool for business management, analytics, and customer engagement. Leaf is designed to help retail stores, restaurants, and other small businesses improve the speed and ease of checkout, and to help business owners obtain better insight into, and control over their operations.
Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. In June 2021, the company was named to the Fortune 500. The company processes payments made through credit cards, debit cards, and digital and contactless payments.
Square is a point-of-sale system for merchants with physical or online stores. Launched in 2009 by Block, Inc., it enables sellers to accept card payments and manage business operations. As of 2023, Square is the U.S. market leader in point-of-sale systems, serving 4 million sellers and processing $210bn annually.
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