People on the Move: Michael Collester, JetPay
JetPay Corp., a provider of debit and prepaid card services, has named Michael Collester as its Chief Operating Officer. Prior to being named COO, Collester served as the president of JetPay’s Langhorne, Penn., location, where he oversaw customer service, technical initiatives, finance and sales management.
Collester has more than 25 years of executive experience in the strategic partner and merchant services space. In 1989, he founded ACI Merchant Services Inc., a merchant services provider dedicated to serving financial institutions that merged with Fifth Third Bank in 2000. In 2004, he formed ACI Merchant Systems, which was acquired by JetPay in November 2014 and currently focuses on financial institution and other strategic partnerships.