Processor Celebrates Fifth Straight Year on Prestigious List
Today Clearent announced that it has once again been named to The Nilson Report’s list of Top Merchant Acquirers in the U.S. This marks Clearent’s fifth straight year on the list, jumping four spots to #37 thanks to a 26% increase in Visa and MasterCard processing volume.
Clearent’s organic growth has been fueled primarily by the company’s sales partners and sales teams. Last year the company signed 65 new ISOs, agents, and developer partners, and grew its Direct Sales team by more than 40%. Clearent also added nearly 30 new corporate employees to support its growing partner and merchant base, and expanded its corporate headquarters.
Last year, Clearent launched several new products, services, and programs to help drive revenue, including the OptBlue® Program from American Express and a series of improvements to the company’s proprietary processing system. Clearent also launched a brand new virtual terminal, a hosted payment page with customizable pay buttons, and e-commerce plug-ins.
All of these solutions have proven to be extremely valuable to Clearent’s sales partners and sales teams so they can differentiate themselves from their competition and grow faster. Clearent occupies a unique position in the industry, serving as one of the few true end-to-end processors and as a gateway, processor, and acquirer – all in one. Customers continue to choose Clearent due to its differentiated platform capabilities and its highly responsive service. For example, Clearent’s 11:00 p.m. Eastern cut off time for next day funding is the latest in the industry, and the company is also known for its flexible pricing options, accurate residuals, and graphical online reporting tools.
“Clearent’s unique value proposition and continued growth shows that we are well positioned for future success,” said Dan Geraty, CEO of Clearent. “Our goal is to help drive continued profitability for the company, as well as for all of our sales partners and merchants for years to come.”