Overview The AngelPay Mission:
“Return wealth and power to the creators of value.” History of Innovation & Positive Impact.
For decades, the AngelPay Team has directly contributed to the evolution of the global financial services sector. When we invented and founded Authorize.Net in 1996, there was no secure and scalable way to process payments and credit cards over the Internet. The technologies we invented gave birth to the global e-commerce sector and continue to empower billions of people worldwide, reduce poverty in virtually every country, and generate trillions of dollars of new wealth throughout the global economy. Today, Authorize.Net is the largest payment gateway provider in the world and has processed over $1 trillion to date. The Genesis of AngelPay.
After we sold Authorize.Net, we had some time to think deeply about the many problems that have plagued the financial services sector for decades. Our solution to many of these problems is the nonprofit AngelPay Foundation. AngelPay is a 501(c)(3) nonprofit organization founded by the most experienced team in the global payments industry. AngelPay is our way of giving back to the community that has been so good to us over the years. A Growing Community.
AngelPay delivers reliable payment processing services to a global community (the “AngelPay Community”) of organizations that need to process payments with the lowest possible cost structure. AngelPay is best known for our nonprofit payment processing platform, but we also seek to use our skills, technology, and resources to provide free and low-cost tools and leadership to serve the public interest in other areas of the financial services sector. Our strong focus on the AngelPay Mission ensures that our incentives are always fundamentally aligned with the interests of the communities we serve. This enables us to authentically promote the common good and improve the quality of life in the communities and organizations that depend on AngelPay.