ESD, founded in 1969 by Harvey Gitlin, is driven by an unobstructed vision to design and manufacture revolutionary payment solutions. Early on, ESD developed the first mechanical coin slide to accept coins in a vertical position. Recognizing the superiority of the design, ESD expanded into the development of additional products – expanding into the vending and amusement industries. Since its formation, ESD has engineered products to accept coin currency of more than 60 countries worldwide.
ESD grew quickly into the electronic payment system market. In 1995, ESD acquired a small engineering company dedicated to the research and development of smart card payment systems for the laundry industry. This highly skilled team of computer scientists and electronic engineers designed the software and hardware equipment that would launch ESD into the forefront of an exciting new technology. In 1998 ESD moved its electronic products group into a larger facility in Atlanta, GA. Then, in 2002, its engineering and research division moved to its headquarters in Fort Washington, PA.
Later that year, ESD acquired the Danyl division of the SchlumbergerSema Corporation, which manufactured a similar line of electronic payment devices. With that acquisition, ESD secured its spot as the leader of the laundry industry’s electronic payment system providers.
Today, as a major provider of mechanical and electronic payment systems to the multi-housing and vended laundry industries, ESD offers a comprehensive line of cutting-edge smart card and magnetic stripe card devices and systems.