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Executive Suite: Planet Payment founder Philip Beck

Quick Read'Some of the world's largest banks and processors are using a relatively small company headquartered in Long Island for their mission-critical activity,' says the Planet Payment founder.

Philip Beck of Planet Payment, a firm that

Photo credit: Pablo Corradi | Philip Beck of Planet Payment, a firm that simplifies making payments overseas. (December 2009)

Emi Endo

Reporter Emi Endo Emi Endo

Endo is a business reporter

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Americans traveling abroad may welcome the sight of the familiar dollar sign -- making it easier to understand how much they are spending.

At a hotel in Hong Kong or India, says Planet Payment founder Philip Beck, "if you get the opportunity to pay in U.S. dollars, those transactions may be coming back to our systems in the United States."

Beck's company, founded in 1999, is based at...

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