BankCard USA Merges with Preferred Payments, Unifying Operations as Ecrypt Inc.

Combined Company to Operate as a Premier Integrated Payments Partner Delivering End-to-End Payment Solutions

AGOURA HILLS, Calif., Sept. 30, 2025 /PRNewswire/ -- BankCard USA Merchant Services, Inc., a merchant services provider, today announced its merger with Preferred Payments, Inc., an innovative payment technology company and full-service provider. The merged entities will operate jointly as Ecrypt Inc. and will boast cutting-edge financial products and solutions.

"This merger unifies BankCard USA's extensive merchant portfolio and sales force with next-generation payment technology, unlocking new growth opportunities with an end-to-end payment experience for our merchants and partners," said David Anderson, Chief Executive Officer of Ecrypt Inc. "What sets us apart is our concierge-level service model. In addition to technology, Ecrypt will provide dedicated, U.S.-based account managers who anticipate client needs, optimize transactions for cost savings, and ensure ongoing compliance. Our shared commitment to innovation sets a new standard for the payment processing industry."

The combined entity benefits from bank-direct relationships, competitive processing fees, and a proprietary payment gateway, all of which allow merchants to operate more efficiently while reducing costs. 

"This merger represents a pivotal moment in our journey to redefine payment solutions," said Scott Hardy, Co-President of Ecrypt Inc. "With cutting-edge technology and our established market presence, Ecrypt is positioned to deliver unmatched value to merchants with wholesale pricing. Our vision delivers a secure omni-channel payment solution that's simple." 

Ecrypt provides access to a modern payment intelligence ecosystem that unifies online, in-person, and omni-channel commerce. The Ecrypt platform offers a fully integrated ecosystem: 

• Payment Processing with PCI Level 1 security, interchange optimization, ACH, and subscription billing.
• Dynamic Checkout with customizable invoicing and subscription management to boost conversions.
• Cloud EMV for seamless, cloud-based POS with multi-location control.
• Advanced Security capabilities that incorporate AI, including 24/7 fraud protection, proprietary tokenization, and BIN optimization.
• A veteran sales team and operations specialists who have built long-standing merchant relationships, setting it apart in a crowded marketplace.

New Leadership team:

• David Anderson – Chief Executive Officer 
• Scott Hardy and Shawn Skelton – Co-Presidents 
• Jason Hardy – Chief Operating Officer 
• Felix Danciu – Chief Financial Officer

About Ecrypt Inc.
Ecrypt Inc. is a leading payment services provider, offering all-in-one processing services to merchants in the U.S. As a registered ISO and FSP, Ecrypt offers merchants a diverse range of processing solutions for credit and debit transactions, including payment processing equipment and software, a PCI Level 1 Payment Gateway (ecrypt.com), a patented age-verification software (AgeChecker.net), and complimentary support services. Ecrypt was formed in 2004 and is based in Agoura Hills, CA.

About Preferred Payments, Inc.
Preferred Payments, Inc. is a provider of secure and innovative payment processing solutions, specializing in a customizable payment gateway and cloud-based EMV system for in-person, online, and multi-channel transactions. Preferred Payments is a registered ISO/MSP of Elavon, Inc., Georgia, Fifth Third Bank, Cincinnati, OH, Wells Fargo Bank, N.A., Concord, CA, and a Full-Service Provider (FSP) of Westamerica Bank, Santa Rosa, CA. The company was founded in 2009, originally as Preferred Payments, LLC, and was based in Thousand Oaks, CA.

About BankCard USA Merchant Services, Inc.
BankCard USA Merchant Services, Inc. is a leading ISO/MSP that offers payment processing solutions to merchants located in the United States. BankCard USA processed more than $4.5 billion annually across 7,000 merchants. It also offers AgeChecker, a real-time, secure age-verification software for e-commerce transactions. BankCard USA is a registered ISO and FSP of Wells Fargo Bank, N.A., Concord, CA, Westamerica Bank, Santa Rosa, CA, and Esquire Bank, Jericho, NY. BankCard USA was formed in 2004 and was based in Westlake Village, CA.

Media Contact:
Sara Trujillo
917-295-5491
[email protected]

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SOURCE Ecrypt Inc.