Turnaround Architect, Business Builder, Technology Innovator, Value Creator
Michael Edelson, is a seasoned Senior Product Manager and Subject Matter Expert specializing in payment processing systems and credit card regulations with over 15 years of hands-on experience. Michael's career has been marked by driving revenue growth, orchestrating successful vendor agreements, and ensuring compliance with regulatory frameworks.
Michael thrives on leading cross-functional teams, delivering innovative solutions, and maintaining an unwavering attention to detail. His expertise is crafting tailored credit card processing strategies and adeptly managing client and vendor relationships.
2020 - 2023
Provided business models, negotiated, executed, and managed Payment Facilitator and gateway processing agreements with Fiserv, Clover, FDHS, Telecheck, PayPal, Apple Pay, and Google Pay. Led the development team providing design specifications and business requirements, testing, validation, and reconciliation of the Vitu processing gateway. Successfully launched the gateway with major automotive retail dealerships as beta merchants. A few of the market differentiators of the Vitu gateway are fully integrated DMS for automotive dealerships, near real-time processing cost breakdowns, card association-compliant service fee and surcharge functionality, in-house merchant statement generation, and integrated PayPal, Apple, and Google digital wallets.
2013 to Present
Pioneered the launch and continued management of this consulting firm, serving as a trusted advisor to clients seeking guidance and direction on solutions for credit card processing, risk management, e-Commerce, payment systems, and other merchant services.
Collaborates with client leadership to establish strategies to build businesses and teams, scale revenue, modernize technologies, and explore opportunities in new markets. Advises clients on maintaining compliance with rules and regulatory requirements governing credit card payment processing, including PCI-DSS, offering services that include training, business process re-engineering, and technical solutions.
2011 - 2013
Delivered 100% profit growth while upgrading technology infrastructure.
2009 - 2011
Aligned the organization around the vision of the Chairman and Board of Directors. Championed sophisticated technology solutions.
2007 to 2009
Rescued a troubled merger as CCG struggled to integrate Jettis, a recently acquired competitor. Played key role in reducing risk, increasing customer satisfaction, and ensuring ecommerce sites were in full compliance.
1997 - 2004
Led upgrade of existing technology for $100 million per year operation.
1995 to 1997
Deployed technology that enabled customer to become one of the first web-based processors of credit card transactions.