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SFNet New Member Spotlight: FlexCharge
November 20, 2023
Source: FlexCharge
FlexCharge
691 S. Milpitas Blvd.
Milpitas, CA 95305
(516) 287-7542
www.flex-charge.com
FlexCharge is highly unique AI-powered platform that partners with merchants and payment providers to instantly review and recover failed customer transactions at no risk to the merchant and at no cost to the customer. The platform can cure 30-40% of declines driving up merchant sales by 5-15%.
The platform combines three key elements combining for a highly innovative solution that simply does not exist in the payments industry.
The first is the AcceptIQ platform which is a powerful, real-time decision engine built on 20+ years of experience in the global credit and data analytics market.
The second step is our unique customer promise that allows for a truly embedded and frictionless customer experience.
The final element of the platform is our Merchant of Record approach. If we feel a declined transaction can be cured, we purchase the invoice on the spot effectively giving a guarantee of sale to the merchant.
Real Time Decisioning, a truly embedded and frictionless journey, and a factoring model delivering peace of mind and clarity to the merchant. Learn more at
www.flex-charge.com.
SFNet Member Director, Philip McHugh
Philip McHugh is currently executive director at FlexCharge and executive chairman at the Vodeno Group. He was the former CEO of Paysafe, a global leader in specialized payments including digital wallets, Ecash alternate payments, and scaled e-commerce, integrated software, and SMB Payment solutions. During the three years at Paysafe, engineered a material business clean up and turn around, took the company public through one of the largest SPACs in the market ($2.2bn PIPE), and positioned the company for growth in sports betting and crypto.
Prior to Paysafe, Philip was the senior executive vice president and president of TSYS Merchant Solutions. Philip joined TSYS in 2017 with more than 20 years of experience in international banking and payments.
Prior to joining TSYS, he served as chief executive officer of Barclaycard Business Solutions, managing the payments division for Barclaycard, including merchant acquiring, commercial payments, and the sales finance division. He spent more than 10 years with the company, having also held the position of chief financial officer for Barclaycard.
Prior to Barclays, Philip spent ten years with Citigroup covering Latin America, including management roles with their credit card division in Brazil.
