For nearly two decades, Jeff Foster has worked with some of the world’s largest retailers and financial institutions to define, design and implement e-commerce and retail payment processing and risk management solutions.
Jeff began his career by co-founding Paymentplus, Inc., a payment gateway software company targeting large card-not-present retailers, which later sold to Retail Decisions, one of the largest fraud prevention companies in the world. After the acquisition, Jeff became an executive vice president at Retail Decisions responsible for sales, marketing and public relations for all of North America.
Wanting to get back to his entrepreneurial roots, Jeff left Retail Decisions and founded Payventures, which specializes in acquiring, credit card processing, alternative payment processing and foreign exchange solutions for merchants worldwide, and processes over $3.5 billion annually across 39 countries.
As Payventures flourished, Jeff co-founded two other successful companies in the financial services space; Cardplatforms, where Jeff serves as CEO, issues pre-paid reloadable debit cards in the United States, Latin America and the Caribbean and Payteller, which brings cost-effective financial services to the unbanked and underbanked population of the world.
Once again proving himself a visionary, Jeff co-founded Jane, a subsidiary of Payteller, after recognizing the overwhelming need for cash management and financial services solutions in the legal cannabis industry. Jane was created to empower dispensary owners with the tools to thrive in the most complicated legal and regulatory environment in the history of retail.
As an innovator and evangelist in financial services, Jeff is a sought-after expert and speaker on topics including payments, fraud and entrepreneurship. He has been quoted in numerous publications including; The Wall Street Journal, Business Week, The Financial Times, The Washington Post and The Washington Business Journal and has appeared on Bloomberg Television and ABC News. Jeff also speaks at countless financial services and cannabis tradeshows globally, where he advocates and educates on everything from strategy and trends to best practices.
At Jane we understand the many banking, operational and regulatory challenges facing marijuana retailers. Our mission is to empower marijuana retailers with the tools they need to grow their business in a secure, compliant and efficient manner while fulfilling the desire of today’s consumers for greater control over their shopping experience. The Jane kiosk is a complete cash management solution for medical and recreational marijuana dispensaries. Jane was developed by a team with over 75 years of combined experience in payments, kiosks and cannabis to bring financial maturity to the fastest growing industry in America. Learn more at trustjane.com.
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