“Meaningful and actionable insights covering the full payments industry landscape informed by experienced partners”

From consumer and commercial payment card issuance to merchant acquiring to emerging payment technologies, the partners at McGovern Smith Advisors support their client’s strategic as well as tactical needs in insightful and efficient ways.

With a minimum of 20 years of payments industry experience each, the partners at McGovern Smith Advisors have both the knowledge and practical experience to assist their clients with even the most complicated challenges, whether they entail strategic dilemmas, operational needs or partnership development/rejuvenation.

Recently, McGovern Smith Advisors helped

Several Payment Card Issuers…

With assessing both their fraud mitigation and chargeback operations, technology, policies and procedures to mitigate fraud losses associated with the changing nature of payment card fraud due to the rapid increase in Card Not Present transactions driven by the COVID-19 pandemic.

Supported a Number of Large Payment Card Issuers…

In evaluating and/or negotiating their MasterCard and Visa payment network relationships.

Assisted Numerous North American Credit and Debit Card Issuers…

In soliciting, evaluating and/or negotiating either new or enhanced existing card processing/servicing agreements with TSYS, Visa DPS, FIS, First Data and other third-party payment industry service providers.

Facilitated Several Recent New Commercial Credit Card Issuers…

In conducting RFP processes to select transaction processors, account servicers and other third-party service providers for program implementation and ongoing support.

Assisted an Existing Merchant Acquirer...

In conducting a strategic review of its merchant acquiring business to set the course for its future growth and expansion.

Helped Several Payment Card Issuers and Other Industry Participants…

In assessing their program delivery relative to PCI requirements.


Bill Westervelt

Managing Partner

Jeff Slawsky


Jeff Tassey


Jim Leroux


Scott Reaser


Sean Songer