DURANGO, CO – June 29, 2012
Ernst & Young, LLP, announced that Matt Taylor, CEO, Mercury Payment Systems, received the Ernst & Young Entrepreneur Of The Year® 2012 Award in the Technology category in The Mountain Desert Region.
The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.
“Mercury’s novel business model of integrating payments technology to point-of-sale, channel-driven solutions lit a new path in the payment processing industry,” Taylor said. “This award recognizes the company’s success to date, and reinforces the innovative direction we have set for the future.”
Taylor took the helm of Mercury in 2009. He has led the company, known in the payment processing industry as the leader in integrated POS payments technology, through an aggressive growth period. During his tenure, the company’s merchant base has grown by close to 50%, representing 70,000 installations processing more than $25 billion in annual transaction volume.
Additionally, the company’s product portfolio has expanded beyond core processing services to include a diverse set of security-focused products, gift card, and loyalty technologies. Since Matt took the helm, revenues and earnings have doubled, and the company has earned numerous accolades from industry associations, including the Retail Solutions Providers Association Top Vendor Award consecutively in 2010 and 2011, and a Top 5 Companies to Work for in Colorado.
“I’m thrilled and honored to receive this award,” said Taylor. “It reflects and recognizes the dedication by every employee who has helped make Mercury a success. Huge congratulations to the entire Mercury family.”
Part of Taylor’s vision for Mercury is to develop a strong and diverse presence in philanthropic activities. In 2010, he led the formation of MercuryGives, an organization developed to coordinate volunteer efforts and charitable giving of Mercury’s employees. Since inception, Mercury’s employees have donated 12,000 hours to organizations in need within its own and its partners’ communities.
As a Mountain Desert award winner, Taylor is now eligible for consideration for the National Entrepreneur Of The Year 2012 Award. Award winners in several national categories, as well as the National Entrepreneur Of The Year Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 17, 2012. The awards are the culminating event of the Ernst & Young Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies.
Taylor was selected by an independent panel of judges, and the award was presented at a special gala on June 28, 2012 at the Seawell Ballroom in the Denver Center for the Performing Arts.
Now in its 26th year, the Ernst & Young Entrepreneur Of The Year Program has honored the inspirational leadership of such entrepreneurs as Jeff Bezos of Amazon.com, Michael Dell of Dell Inc., Herb Kelleher of Southwest Airlines, Fred Smith of FedEx, Larry Page and Sergey Brin of Google, Richard Schulze of Best Buy, Andrew Mason of Groupon, Mindy Grossman of HSN, Inc., Reid Hoffman and Jeff Weiner of LinkedIn, and many more.
About Mercury Payment Systems
Mercury Payment Systems is one of the fastest-growing payment processing companies in North America. Mercury partners with point-of-sale (POS) developers and resellers in a unique business model to provide merchants with integrated payment solutions. Their processing platform is integrated and available for free in hundreds of POS systems. Mercury’s award-winning products and services are distributed solely through the company’s business partners. For more information call 1-800-846-4472, ext. 1820 or go to www.MercuryPay.com.
About Ernst & Young Entrepreneur Of The Year®
Ernst & Young Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
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Mercury Payment Systems