During the corresponding time, Jetpay Corp recorded a revenue increase by 12.64 % year on year, sequentially revenue fell by -3.98 %. While revenue at the Jetpay Corp's corporate clients
Jetpay's Comment on Sales, Marketing and Customers
JetPay Payment Services and JetPay Strategic Partners retain a combined marketing
and sales force. We sell directly to the majority of our merchant and processing
customers, as well as indirectly through our ISO, VAR, and ISV customers. Our
direct sales force focuses on select verticals where we have a significant technology
advantage, including internet retailers, recurring billers, VARs, technology
servicers, travel companies, and others. It also recruits ISOs and VARs, especially
where we can provide unique product or technology solutions. JetPay Strategic
Partners focuses on the customers of its financial institution and association
clients, which tend to be more card-present retailers. We also receive significant
referral opportunities.
JetPay Payment Services’ and JetPay Strategic Partners’ marketing
efforts involve:
print advertising in trade and consumer publications;
Internet advertising, including viral and social network marketing
campaigns;
select radio advertising;
trade show exhibits; and
bulletins featuring new products and product features.
JetPay Payment Services combined with JetPay Strategic Partners has approximately
300 ISOs, VARs, ISVs, financial institutions, referral partners and agent customers
who sell on its behalf to traditional retailers, specialty retailers, internet
retailers, service companies, technology companies, government organizations,
and others. These ISOs, VARs, ISVs, and financial institutions have more than
approximately 57,300 merchants on JetPay Payment Services’ system.
etPay Payment Services’ two largest customers represented 17.1% and 7.1%
individually, or 24.2% combined of its total revenues.
Jetpay’s Comment on Sales, Marketing and Customers
JetPay Payment Services and JetPay Strategic Partners retain a combined marketing
and sales force. We sell directly to the majority of our merchant and processing
customers, as well as indirectly through our ISO, VAR, and ISV customers. Our
direct sales force focuses on select verticals where we have a significant technology
advantage, including internet retailers, recurring billers, VARs, technology
servicers, travel companies, and others. It also recruits ISOs and VARs, especially
where we can provide unique product or technology solutions. JetPay Strategic
Partners focuses on the customers of its financial institution and association
clients, which tend to be more card-present retailers. We also receive significant
referral opportunities.
JetPay Payment Services’ and JetPay Strategic Partners’ marketing
efforts involve:
print advertising in trade and consumer publications;
Internet advertising, including viral and social network marketing
campaigns;
select radio advertising;
trade show exhibits; and
bulletins featuring new products and product features.
JetPay Payment Services combined with JetPay Strategic Partners has approximately
300 ISOs, VARs, ISVs, financial institutions, referral partners and agent customers
who sell on its behalf to traditional retailers, specialty retailers, internet
retailers, service companies, technology companies, government organizations,
and others. These ISOs, VARs, ISVs, and financial institutions have more than
approximately 57,300 merchants on JetPay Payment Services’ system.
etPay Payment Services’ two largest customers represented 17.1% and 7.1%
individually, or 24.2% combined of its total revenues.
Sources:
Jetpay Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Jetpay Corp’s corporate clients.
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