Clearent Jumps 10 Spots on Nilson List of Top Merchant Acquirers

Payment Processor Moves Up the Rankings for Fourth Straight Year

Clayton, MO, March 28, 2015 --(PR.com)-- Today Clearent announced that it has been named to The Nilson Report’s list of Top Merchant Acquirers in the U.S. Since it first appeared on the list, Clearent has continued to ascend the rankings and this year landed at #41, which is 10 spots higher than its 2013 ranking. With a 49% increase in processing volume, Clearent maintained its position as one of the fastest growing credit card processors in the nation.

Unlike other companies in the payments business who have grown primarily though acquisition, Clearent’s growth has been 100% organic. Clearent’s growth was fueled by the expansion of its sales channels. In 2014, the company signed a record number of new sales partners due to its unique ISO and agent programs. Clearent also expanded its sales team as sales professionals chose to build their careers at Clearent.

Clearent has become the credit card processor of choice for ISOs, agents, software developers and sales professionals across the country because of its proprietary processing platform that was built from the ground up when the company first launched 10 years ago. This platform delivers a host of benefits to Clearent’s sales partners and sales teams, including next day funding with an 11:00 Eastern cut off time, which is one of the latest in the industry. It also allows Clearent to provide flexible pricing options, accurate residuals, and best-in-class online reporting. Merchants benefit from Clearent’s online reporting tools, which are updated daily, and receive one of the clearest, most detailed statements in the industry.

Clearent continues to innovate to drive future growth. Last year Clearent launched a payments gateway and the Clearent Developer Center to enable software developers to easily integrate payments into their applications. In addition, the company plans to introduce several products this year to help its sales partners and sales teams win more business and increase their profits.

“I’m proud of the entire Clearent team and would like to thank all of our employees and partners who helped us achieve another successful year in 2014,” said Dan Geraty, CEO of Clearent. “I’m even more excited about 2015 and the future for Clearent.”

About Clearent

Clearent is a complete payment processor that leverages its proprietary payments platform to make doing business easier and more profitable for its sales partners. Clearent’s commitment to honesty and transparency has made it one of the most trusted companies in the payments industry. Clearent is one of the fastest-growing credit card processing companies, processing $8 billion in annual transaction volume for 23,000 businesses nationwide. To learn more, visit www.clearent.com or call 866.205.4721.
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Shannon Kohler
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clearent.com
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