Robert J. Murphy, Partner/Advisor

Bob Murphy is a pioneer in the payments industry. He started his career with Chargit in 1978 and was a key executive for this processor focused on delivering payment solutions to the travel and entertainment industry.

After leaving Chargit in 1986 Bob founded and built Electronic Processing Source (EPS), a New York based provider of payment processing services to restaurants and hotels. In 1994 after building EPS to over $1 billion in processing, Bob engineered the sale of EPS to Paymentech.

After holding senior positions in sales and business development with Paymentech from 1994 to 1999, Bob founded Electronic Processing Services and built this niche processor to over $2 billion in processing. Bob is a critical member of the executive committee of UStransact, providing experienced-based guidance in all matters, especially with regard to sales and marketing.