Sphere Payments, LLC, Parent of TrustCommerce, Appoints Steve Rizzuto as Chief Executive Officer

Industry veteran Rizzuto brings more than 20 years of executive experience in electronic payments leadership.

Nashville, TN, July 20, 2018 —Sphere Payments, LLC, a leading provider of end-to-end integrated payments and security software, is pleased to announce Steve Rizzuto has been named Chief Executive Officer of Sphere Payments. Andrew Rueff will remain as Executive Chairman.

In 2017, Waud Capital Partners acquired and combined TrustCommerce and Anovia Payments, creating Sphere Payments. Sphere Payments provides integrated payment solutions for enterprise customers and medium to small merchants in healthcare, education and transportation, as well as other select verticals. The company’s solutions deliver a comprehensive single source for simple, secure, frictionless payment processing and advanced security technology.

“I am excited to have Steve Rizzuto assume the role of Chief Executive Officer of Sphere Payments,” said Andrew Rueff, Executive Chairman of Sphere Payments. “Steve is a proven leader and has a long and established career of leading successful integrated payments and technology growth strategies while providing best in class services to his customers. Steve’s leadership capabilities are a perfect fit for the next phase of Sphere Payments evolution as we build the company into a world class integrated payments company within key verticals.”

As Chief Executive Officer, Rizzuto will shape the strategy of Sphere, while providing operational expertise as the company builds upon its leading technology and products in the integrated payments sector. He brings more than two decades of executive experience serving the electronic payments industry in organizations such as TransFirst, TSYS, and First Data.


About Sphere Payments, LLC
Sphere Payments, LLC, through the acquisitions of TrustCommerce and Anovia Payments, is a leading provider of end-to-end integrated payments, security software, payments gateway and merchant acquiring products and services. Sphere Payments serves large, complex enterprises to small local businesses across a range of end-markets, including healthcare, restaurant, retail, parking, education, transportation, and insurance.