Paysafe has strengthened its senior team and enhanced its US focus with the appointment of Afshin Yazdian as CEO of its newly formed U.S. Acquiring division.
Joining in July, Yazdian will be charged with bringing to life Paysafe’s vision of ‘being the US’s leading payments solutions provider’.
The appointment of Yazdian completes the executive leadership team for Paysafe’s recently restructured Payment Processing business unit, which now operates as two, distinct customer-focused divisions.
Yazdian will take charge of the U.S. Acquiring division, leading Paysafe’s third party and direct channels; meanwhile, Paulette Rowe² serves as CEO of its global Integrated and e-commerce Solutions division. Both divisions report directly to Paysafe Group CEO Philip McHugh.
Philip McHugh, CEO of Paysafe Group, commented: “We’re delighted to complete our executive leadership team in payment processing with the appointment of Afshin. The current COVID-19 outbreak poses significant challenges for our direct merchant customers as well as our ISO and Agent partners, and we’re confident that Afshin, with his track record of building and managing high growth organizations, and his laser focus on customer service, will ensure that we all emerge stronger as the market stabilizes.
“Paulette is also an incredible operator and inspirational leader and possesses vast and highly relevant payments experience. She has already had a major impact since joining the team earlier this year.
“I would also like to express my heartfelt thanks to O.B. – he is a true payments’ legend and has made an irrefutable mark on both Paysafe and the industry in general. We wish him good health and much happiness in his retirement, and he will be missed by all of us.”
Commenting on his appointment, Afshin Yazdian added: “I am incredibly excited to join the Paysafe family, a company I have long admired and an organization I believe is well-positioned for incredible growth and expansion. We will strive to rapidly change the payments industry and become the leading provider of payment solutions in the U.S. by both utilizing technology and focusing on an exceptional customer experience.”