Our story began in 2010 with a simple goal: to deliver a solution that would facilitate electronic supplier payments for businesses—and generate profit in the process.
It would need flexible, agnostic technology that adapted to client needs with dedicated support teams in place.
It would need to be both easy to use and thorough in order to lessen the workloads of Accounts Payable and Accounts Receivable departments.
It would need to deliver the same cash rebates that other payments companies were already providing, but in a way that was more generous and more transparent.
And, of course, it would need to be unfailingly secure.
So we rolled up our sleeves, got to work and created AP Advantage, now known as Paymerang. Like a boomerang, Paymerang is all about reciprocal actions. You pay out money, and money comes back to you. Quite a bit of money, in fact. We’re able to pay competitive rebates by working harder to enroll more of your suppliers in virtual cards. Virtual cards are not only great for rewards, they also offer the added convenience of no limits on payments and no lengthy financial statements. Even better, you’re never exposed to risk since all virtual cards are issued in our name. With Paymerang, you get a new revenue stream without paying anything out of pocket for our services. Your suppliers get faster payments. And we get to achieve our original goal of making payments pay off for businesses. It’s a win-win-win situation.
At Paymerang, we believe in the radical power of simplicity and transparency. Our powerful payments engine has taken us from a handful of local clients to processing more than $1.2B in payments every year for professional sports teams, hospitals, renowned universities, banks, public utilities, billion-dollar corporations and beyond. Let us do the same for you.
Our leadership
Nasser Chanda
Chief Executive Officer
As CEO, Nasser is responsible for ensuring that our customers receive the world-class service they have come to expect, day in and day out, from our incredibly talented and dedicated associates. Nasser also oversees the strategy and direction of the company, ensuring that Paymerang continues to lead the industry in revolutionizing B2B payments. Nasser has more than 20 years of experience in growing startups and payment companies, including launching and growing Brink’s Global Payments to a profitable business with $100 million in revenue and operations in five countries.
John Heyel
Chief Financial Officer
John leads finance, accounting and investor relations at Paymerang. As our chief bean counter, John puts rigor and analytics into our business planning, decision making and execution. He ensures we execute each client and vendor transaction accurately and efficiently to maintain order of the hundreds of thousands of payments and more than $1.2B in funds flowing through our company. John honed his leadership skills as an officer in the U.S. Navy before moving on to lead finance and analytical teams in large banking and credit card operations at Capital One.
Lisa Leahy
Director of Human Resources
Lisa leads all things people at Paymerang. She is proud of the diverse and talented group that makes Paymerang tick, and is inspired by the dedication and drive they bring to the office each day. Lisa leads initiatives that bring new talent to the team and she supports a culture of growth, collaboration and innovation. As an alumnus of Newell Brands, Baby Jogger and CarMax, Lisa has always been passionate about creating and developing high-performing teams and strong cultures.