Clayton, MO, March 28, 2013 --(PR.com
)-- Today Clearent announced that for the second year in a row it has made an appearance on the coveted list of Top U.S. Merchant Acquirers, as published each year by The Nilson Report. Clearent moved up 12 spots to #62, continuing its rapid climb up the list.
Clearent’s movement as one of the fastest growing credit card processors was made possible thanks to an 83% increase in the company’s processing volume for Visa and MasterCard transactions. For the second year in a row, Clearent posted the second fastest growth rate among all merchant services providers.
Clearent’s growth rate speaks volumes to the company’s commitment of offering its sales partners and merchants a unique approach to the payments industry. Clearent’s unique combination of innovative payments technology and personal service resonates in the marketplace. It is important to note that Clearent’s growth has been 100% organic to date, in comparison to other credit card processors that have grown at slower rates despite acquiring other merchant portfolios.
“We are excited to appear on The Nilson Report’s list of Top U.S. Acquirers for the second straight year,” said Dan Geraty, CEO of Clearent. “As we move further into 2013, our strong foundation will help us continue to outpace other credit card processors while we deliver the benefits that our sales partners and merchants deserve and have come to rely upon so heavily.”
Clearent is a credit card processing company that was built to be different. We combine leading edge technology with a passion for service to help our customers maximize the value of their merchant services program. Clearent provides sales agents, financial institutions, and merchants with benefits not available from other providers, such as next day funding with a late cut-off time and unrivaled graphical, web-based reporting. The company has grown in excess of 100% for the past five years and now processes $3 billion in annual card volume. To learn more, visit http://www.clearent.com or call 866.205.4721.