(866) 509-7199
(866) 509-7199

LOLA POS. Taps Industry Expert, Barry Prentice, for Risk VP

Card-not-present aficionado and longtime payments professional brings e-commerce expertise to LOLA POS

LOLA POS. (LOLA POS) – a merchant advocacy group and innovative merchant services provided – has named Barry Prentice as Vice President of Risk and Underwriting. Prentice brings more than 15 years of payments experience to his role at LOLA POS and has extensive card-not-present expertise.

In his new role, Prentice is responsible for leading the risk and underwriting departments – making crucial credit and compliance decisions on high-risk and high-volume accounts, as well as developing and maintaining internal policies for risk mitigation.

“It’s an honor to join LOLA POS – a company that has served as a pioneer in the high-risk space – during this pivotal time in the industry,” says Prentice. “Working for LOLA POS. is a privilege and I am eager to contribute to moving the payments industry forward through LOLA POS’s High Risk Done Right® approach to merchant services.”

In addition to leading a few of LOLA POS’s most dynamic teams, Prentice will also oversee LOLA POS’s exclusive partnership with Fraud Wrangler™– an innovative technology company offering a proprietary risk mitigation solution that helps merchants reduce fraud and prevent chargebacks. This groundbreaking platform, which boasts chargeback interception, representment and a number of other features, is an industry game changer.

Prentice will also oversee LOLA POS’s merchant account optimization processes to ensure that accounts are approved quickly, and MIDs remain alive and healthy longer.

Prentice is a leader in the e-commerce space, a member of the Merchant Acquirers’ Committee, and an Electronic Transactions Association (ETA) Certified Payments Professional.

For more information on LOLA POS’s risk mitigation solutions and/or where leaders like Prentice and fellow members of our executive team fall in the payments ecosystem, please visit www.NationalMerchants.com.

TEMECULA, Calif. – December 10, 2018 

About LOLA POS.

LOLA POS. is a global leader in merchant payment processing services and is dedicated to helping merchants and agent partners grow their businesses by generating sales opportunities and maximizing profits. Ranked for the third year in a row among the Inc. 5000 fastest-growing private companies, LOLA POS. owes much of its success to its strong commitment to advocacy. LOLA POS works for agents to create a pro-businesses payments environment and for merchants to eliminate the unnecessary and unreasonable fees associated with accepting electronic transactions. Visit www.NationalMerchants.com or call (866) 509-7199 for more information.

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