Clearent Lands on St. Louis Fastest Growing List, Five Years Running

Clayton, MO, June 24, 2016 --(PR.com)-- Clearent announced today that it has been named one of the fastest growing private companies by the St. Louis Business Journal. This is the fifth consecutive year that the payment processing company has earned a spot on the prestigious list. Year after year, Clearent continues to make great leaps in revenue, merchant acquisition, and processing volume.

As a growing company in the ever-expanding and evolving world of electronic payments, Clearent draws upon certain key factors to maintain organic growth, such as its focus on building a solid sales team and bringing on new sales partners, all while delivering products, services, and tools to help them grow faster and increase their profitability. Another important component to Clearent’s continued success is its commitment to make payment processing easy and transparent for merchants.

Clearent offers unique merchant services, such as a true next day funding service that features an 11:00 p.m. Eastern cut off time, which is one of the latest in the industry. It also provides an unrivaled online reporting system, 24/7 U.S.-based customer service phone support, and transparent pricing – services that help merchants focus on their business rather than their transactions. Several significant product launches are shaping the future of St. Louis’ 19th fastest growing private company. For example, last year Clearent launched the OptBlue® Program from American Express, which simplifies American Express Card acceptance by giving merchants one customer service contact, one statement, and one deposit for all cards brands. In addition, Clearent also recently launched a new custom-built virtual terminal that enables both one-time and recurring payments along with customizable “Pay Now” buttons and forms, and eCommerce plug-ins that enable secure online payments.

To support its rapidly growing partner and merchant base and develop an even broader range of payment solutions, Clearent added more than 50 new employees in 2015. In the past year alone, the company signed 65 new Independent Sales Offices (ISOs), agents, and developer partners and has grown its Direct Sales team by more than 40 percent.

“Earning this award for the fifth year in a row really speaks to my team’s commitment to our mission – to become irreplaceable to the partners who sell our payment processing services to merchants,” said Dan Geraty, CEO of Clearent. “I would like to thank the Clearent team, sales partners, and our merchants for fueling this tremendous growth.”

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 $10 billion in annual transaction volume for 27,000 businesses nationwide. To learn more, visit www.clearent.com or call 866.205.4721.