iTransact’s Management Team
Our officers have decades of experience in credit card processing, accounting, and other financial service industries. We will save you money on your own merchant account and, more importantly, help you generate new revenue streams via our Trusted Advisor and Reseller programs.
Porter Hall, Chairman of the Board
Prior to the 2010 merger of iTransact, Inc., with National Merchant Services LLC, Porter was Chairman of the Board of NMS. He previously served as Chairman of the Board of My ePHIT LLC, an online wellness system serving over 25 million customers across the US. Prior to that, he spent 33 years with Arthur Andersen LLP, where he was Senior Partner and Managing Partner of the Utah Practice, specializing in public and private financings and mergers and acquisitions. He has served as chairman and director of a number of private and public companies and community and educational organizations. Porter received his BS in Accounting from Brigham Young University.
Stephen Hall, Chief Executive Officer
Stephen was a founder and Chief Executive Officer of National Merchant Services LLC until its merger with iTransact. Prior to that, Mr. Hall was CEO and one of the four founding partners of My ePHIT LLC, where he successfully took the company from the idea stage through a profitable acquisition by AXIA Health Management LLC in 2006. He began his business career with Mutual of New York in Boise, Idaho, as a financial professional and completed his 27-year career with MONY as Senior Vice President responsible for career distribution. During his career he has served on several professional and community boards and currently serves on the board of Futurity First Financial Corporation. Mr. Hall graduated from Boise State University in 1971 with a Bachelor of Business Administration. He is a CLU and ChFC.
Mike Sumsion, Chief Information Officer
Mike is one of the founders and creators of iTransact and is the architect of the company’s transaction processing and security technology, including the iTransact payment gateway and Dashboard. In 1994 Mike joined forces with his father, Allen Sumsion, to form Redi-Check, the precursor to iTransact and the first company to provide check acceptance services on the Internet. Mike is an expert in compliance with the Payment Card Industry’s Data Security Standard (PCI-DSS) and develops customized tech solutions for iTransact’s clients. Mike was named one of Utah Business magazine’s 2009 "Forty Under 40."
David Hall, Chief Operating Officer
David came to iTransact from National Merchant Services, where he was Chief Operating Officer. Prior to that, David was a founding partner of My ePHIT LLC, where he served as President and COO. He has over 20 years of entrepreneurial business experience; he has managed, developed, and executed new business strategies for hospitals, health systems, physician groups, health plans, wellness centers, and financial institutions. David received his BA from Brigham Young University and his MBA and Master of Healthcare Administration from the University of Minnesota.
Jared Poulson, Chief Financial Officer
Jared has been on iTransact’s management team since joining the company in 1999. He was instrumental in raising the early venture funding for iTransact and has managed its financial growth and stability for 13 years, including directing the company’s internal and external sales teams. Previously he was an investment broker at Fidelity Management and Research LLC. Jared received a BS in Business Finance from Brigham Young University.
Matt Sumsion, Chief Marketing Officer
Matt has been with iTransact for 13 years, having joined the company’s management team in 1999. In addition to brand management, Matt works to exceed the unique expectations of iTransact’s key clients, and he is responsible for building and maintaining iTransact’s largest merchant account portfolio. Previously he was a manager at AT&T Universal Card Services, AT&T’s credit card division. Matt received his MBA from the University of Texas at Austin.
Please do not hesitate to contact us with any questions.
PO Box 999
314 South 200 West
Farmington UT 84025-0999
Phone: (801) 298-1212
Fax: (801) 298-9789
For technical assistance, please submit a ticket via the iTransact Support Center.