Company Overview

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Status:
Acquired by First Data Corporation
Founders:
Michael Arrington, Keval Desai
Description:
Achex enables secure internet payments for buyers and sellers.

Detailed Description

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Achex, Inc. (www.achex.com) was an Internet payments company that enabled simple and secure Internet payments for buyers and sellers. The Achex service, based on a patent-pending infrastructure and business processes, leveraged the Internet and existing payment networks to transfer funds online in a simple, convenient and highly secure manner.

Achex was acquired by First Data in July 2001 for $32 million.

Current Team (1)

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Past Team (4)

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Board Members and Advisors (1)

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