(Reclaim The Net) Pro-freedom Amazon competitor PublicSquare has hired Brian Billingsley in a leadership role to, as Billigsley put it in a post on X, “help build the payments infrastructure for the parallel economy” – also known as uncancelable payments.
Previously, Billigsley co-founded a payments stacks company Basis Theory, and was CEO of the US branch of Klarna – a Swedish firm in the “buy now, pay later” short-term financing business.
PublicSquare announced that he will now head the newly set up PSQ Payments Subsidiary. The marketplace, which describes itself as a choice of patriotic merchants and customers, aims to differentiate from Amazon with its focus on freedom.
In particular, according to an earlier blog post, the company’s goal is to distinguish itself from the corporate mainstream industry and its progressive agenda and instead “promote the constitutional values this nation was founded on.”
Now the new subsidiary headed by Billigsley will add building and scaling payments to the company’s portfolio, specifically the uncancelable kind – to be used by PublicSquare, but also third parties who support the parallel economy concept.
PublicSquare CEO Michael Seifert welcomed Billigsley as a highly valuable addition, thanks to his experience, knowledge, and reputation, adding that the new payments system is another element necessary to create and own the infrastructure underpinning the parallel economy.
“Combined with the power of our Credova subsidiary, PSQ Payments will position us to monetize our marketplace transactions further, provide what we expect to be a best-of-breed checkout experience, and protect our merchants and customers from cancellation,” commented Seifert.
