Quick Facts about Galileo Processing
10 things you probably didn't know about us.
- We were founded in June 2000 and have been in Utah since the beginning.
- Our CEO, Clay Wilkes, authored the patent for Voice Over Internet Protocol (VOIP) at his first successful business. He comes from a technology background.
- We are a privately held corporation with more than 250 employees split between our corporate headquarters and call center.
- We serve the financial services sector with innovative payment products in prepaid, debit, credit and hybrid programs.
- Every time you use a prepaid, credit or debit card there are several components: the program manager (the company that creates, promotes and manages the card), the issuing bank (where the funds are held), the association (like Visa or MasterCard), and the transaction processor (that makes sure the card is valid, processes the transaction, makes sure the funds move correctly). We are the transaction processor.
- We have a unique business model that serves both our clients (program managers, issuing banks and associations) but also their end customers (everyday people that use the card products).
- Although we've just begun promoting ourselves locally we are recognized as the leader of our industry. We work with several well-known national and international companies.
- Ever wonder how much money you have in your checking account? We did too, and we were tired of the hassle of finding out so we created several ways for customers to know their balance. You can get a text message immediately after swiping your card with your balance and most recent transaction, or you can look at the receipt and the "Authorization Code" will show you your balance. It's just one of the many ways we are innovating and making life easier for people.
- We recently hired Todd Brockman, formerly the top prepaid card executive at Visa, to join as President of Galileo. In a rapidly growing industry we continue to attract top executives that have been leading the charge from the start of next generation processing
- We are the recurring Gold Sponsor of one of the most important events for our industry, the Prepaid Card Expo.