Petroleum Card Services Announces Key Addition to Leadership Team

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Seasonedpayments veteran will help fuel double-digit growth

Minden, NV – March 21, 2017 – PetroleumCard Services (PCS), a premier provider of payment processing solutions gearedspecifically for independent petroleum and convenience store (c-store) owners, announcedthe addition of industry veteran, Pete Embs as Vice President and Business UnitHead. A seasoned payments professional with more than 14 years of experience, Petewill have overall responsibility for the business, overseeing sales, operationsand day-to-day management. He will report to Robert Purcell, CFO, iPayment,Inc., PCS’ parent company.

“PCS is coming off a record sales year in 2016 and we must ensure thatwe continue to support this important business unit with the best resources tofuel growth,” said Robert Purcell, CFO, iPayment, Inc. “Adding Pete as BusinessUnit Head compliments the incredible team of dedicated professionals already inplace and positions PCS for accelerated growth and ongoing scalability.”

“I’ve had the pleasure of working with the PCS team for the past fiveyears and I’m ecstatic to have the opportunity to now lead this business unitand help drive incremental growth and overall success,” said Pete Embs, VicePresident and Business Unit Head, PCS. “We have incredible momentum right nowand we are all confident that we will continue to capitalize on our keydifferentiators and personalized service and support to attract new partners andcustomers.”

Pete previously served as Director of Revenue and Financial Planning foriPayment, a role he had held since 2012. In that position, he was responsiblefor a broad array of business management analyses, performance based reportingand special projects, including working with PCS. He spent the first nine yearsof his career with WorldPay, holding several positions in and around salesmanagement and finance, including Vice President, Planning and ProductivityManagement. Pete earned his MBA from Georgia State University and he holds aBachelor of Science degree in Finance from Virginia Tech.

About Petroleum Card Services

Founded in 1999, PCS currently provides solutions for thousands ofdirect customers and hundreds of resellers and referral partners. PCS is one ofthe largest re-marketers of First Data’s Buypass network in the U.S. leveragingyears of experience in petroleum processing, they specialize in working withindependent owners of unbranded gas stations and/or convenience stores.

Acquired by iPayment, Inc. in 2005, PCS operates as an independentbusiness unit from its headquarters location in Minden, Nevada. For moreinformation on PCS, please visit them online at www.pcs4fuel.com.

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