Electronic Merchant Systems (EMS), a leader in innovative payment solutions, announced a strategic investment in Payment Nerds and Pet Payments, two new ventures from former PaymentCloud founder, Shawn Silver. Both Payment Nerds and Pet Payments have entered into distribution agreements with EMS. Silver transitioned out of his role with EMS-owned PaymentCloud last year and will serve as CEO of Payment Nerds.
Payment Nerds is a vertically integrated payment platform that caters to low and medium-risk industries, including hospitality, retail, e-commerce, and more. Pet Payments serves the veterinary practices, mobile clinics, and pet grooming verticals.
“Starting PaymentCloud and watching it grow has been an incredible journey,” stated Silver. “I’m deeply appreciative of the EMS team and their support as I take this next step. I look forward to continuing my relationship with EMS as our processing partner and utilizing their innovative merchant platforms to fuel our growth.”