Payveris is creating a new merchants solutions unit to connect banks, credit unions, consumers and merchants within the digital payments process.
Marcell King, who was previously vice president of sales and promotions for InComm Digital Solutions, has become president of merchant solutions for Payveris and will lead the new division, Payveris says in an Aug. 11 press release.
In his newly created role, King will be responsible for building and deploying next-generation payment solutions for online, mobile and brick-and-mortar merchants, the company said.
"The digital payments platform that Payveris has built is robust, agile, highly secure and extremely scalable," King said in the release. "Our vision for this new business unit is to provide a seamless consumer payments experience, lower the cost of payment processing, reduce fraud, accelerate funds settlement, and improve overall consumer engagement."
Prior to joining Payveris, King helped manage the InComm unit's delivery of digital gift cards to email, mobile phones and Facebook. King has also held senior leadership roles at Amazon.com, Open Solutions, Timely Rewards and BankServ.