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Entrust Bankcard is a payment processing company based in Phoenix, Arizona in the United States. Founded in 2006, Entrust Bankcard was listed at #18 on Inc.'s 2011 "Inc. 500" of the 500 fastest growing companies in America.[1]
2010 revenue for Entrust Bankcard was $9.4 million, an increase of 8,417% over 2007's $110 thousand. Entrust grew from 6 employees to 158 employees during that time.[1] Since 2008, Entrust Bankcard has gone from serving 800 customers to almost 4,000 by November 2010.[2]
Entrust Bankcard claims to donate 10% of its profits toward Engage Foundation but never followed through. The Engage Foundation is a charity owned by Nathan J. Reis, the Entrust Bankcard CEO. The Engage Foundation is directed towards single mothers and young children as Reis was raised by a single mother in Wisconsin.[2]
On May 20, 2011, the Better Business Bureau revoked the accreditation of Entrust Bankcard, leaving it with a rating of "F".[3]