Richard Smith

Richard Smith is a co-founder of TranzactCard, an innovative banking and e-commerce platform headquartered in Provo, Utah. He is a visionary entrepreneur whose journey to success began as a business student at Utah Valley University, where he innovated in the early stages of the e-commerce revolution, which was then the new frontier of the internet. A trail blazer in the digital landscape, Richard established an online retail clothing business that flourished into a multimillion-dollar enterprise, one of the earliest internet successes (way back in the internet pioneering days when Amazon was just an online bookstore).

Smith’s extensive expertise in e-commerce, import-export, and wholesale distribution eventually laid the foundation for TranzactCard, which emerged in 2023 as a groundbreaking purchasing platform and e-commerce haven. TranzactCard is rapidly attracting an impressive customer base. Over 20,000 individuals have joined the platform within months of its soft launch, with additional thousands now migrating to the platform each month.

Smith’s vision for TranzactCard is deeply tied to his customer-centric approach and unwavering commitment to family values. He is particularly committed to increasing the buying power of Americans who have less and need more, including the underbanked and non-banked, through the innovations TranzactCard brings to the financial landscape.