Clearent in the News

Stay In the Know With Clearent News

 

Knowledge is power, so stay in the know. The articles and press releases listed below will help keep you up-to-date on Clearent and why we’re a leading payment processor.

Clearent Launches Quick Chip Technology for EMV to Software Vendors

May 17, 2017

With a turnkey integration, software vendors can enable EMV with faster checkouts to improve sales and customer experience

Today Clearent launched Quick Chip technology for EMV, a solution that significantly speeds up chip card transactions to make them just as fast as a card swipe. Software vendors can implement the new technology in less than a week with Clearent’s Semi-Integrated EMV solution.

More than 70% of U.S. merchants have yet to adopt EMV according to The Strawhecker Group’s survey, despite the 2015 liability shift that made them liable for in-person counterfeit card fraud. There are several factors that have deterred adoption including slow chip card transaction times and a complex EMV certification process for point-of-sale (POS) providers. Quick Chip technology solves the transaction time issue for merchants by making chip card payments as seamless and fast as a 2-second card swipe.

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EY Announces Dan Geraty of Clearent Entrepreneur Of The Year® 2017 Award Finalist in the Central Midwest

May 11, 2017

EY today announced that CEO and Founder Dan Geraty of Clearent is a finalist for the Entrepreneur Of The Year® 2017 Award in the Central Midwest. The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance, and personal commitment to their businesses and communities. Dan Geraty was selected as a finalist by a panel of independent judges. Award winners will be announced at a special gala event on June 15 in Kansas City.

“I am honored to be among this group of 27 impressive individuals being considered for this prestigious award,” said Dan Geraty, CEO of Clearent. “My achievement is a direct result of the tremendous support I’ve received over the years from our dedicated employees, my family, and the payments industry experts who helped hatch the idea for Clearent, many of whom still serve on our board.”

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Clearent Ranked 31st Among U.S. Merchant Acquirers

April 21, 2017

Today Clearent announced that it advanced six spots on The Nilson Report’s List of national merchant acquirers based on 2016 card processing volume. The company’s volume grew by 19% over 2015 by providing industry-leading products and superior customer service.

In 2016, Clearent launched its new suite of omni-channel payment solutions that includes a custom built Virtual Terminal and Hosted Payment Pages and buttons, which help business owners accept payments anywhere. Clearent also launched recurring payments for its Virtual Terminal, which helps merchants securely set up automated payments. To help merchants comply with Payment Card Industry Data Security Standards (PCI DSS), the company launched the DataGuardian program, which protects businesses and their customers from the devastating effects of a data breach.

In 2017, Clearent expects to see growth from its March acquisition of Payment Alliance International’s merchant services division. The company is also forecasting growth in its newest sales channel targeting Independent Software Vendors (ISVs), which it laid the groundwork for in 2016.

“As we climb higher on the list every year, it demonstrates that our commitment to transparency and responsive customer service is the right approach,” said Dan Geraty, CEO of Clearent. “I would like to personally thank our partners and merchants for choosing Clearent.”

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Clearent Acquires Payment Alliance International’s Merchant Services Division

March 09, 2017

Today Clearent announced that it has completed its acquisition of Payment Alliance International’s (PAI) Merchant Services Division. The acquisition adds support and operations resources, a complementary telesales channel, strategic association partnerships, and increases Clearent’s processing volume by 40 percent.

PAI’s Merchant Services Division is a leading provider of payment processing solutions for businesses, Independent Sales Organizations (ISOs), agents and associations, and has previously been recognized as the “Independent Sales Organization (ISO) of the Year” by the Electronic Transactions Association (ETA).

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Clearent Enters Agreement to Acquire Payment Alliance International’s Merchant Services Division

January 18, 2017

Today Clearent announced that it has entered into a definitive agreement to acquire Payment Alliance International’s (PAI) Merchant Services Division. The acquisition will add a complementary telesales channel, strategic association partnerships, and $4.2 billion in processing volume to Clearent’s portfolio.

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Clearent Names Dana Odom Leader of ISV Sales Channel

September 19, 2016

Today Clearent announced that Dana Odom has joined the payment processing company as its new Vice President, Integrated Software Vendors (ISV) Channel Manager. Odom joins Clearent from TSYS Merchant Solutions, a global credit card and payments processor, where he was Senior Director of Integrated Payments Sales & Strategy. In his new role at Clearent, Odom will lead an integrated partner sales team.

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Clearent Earns 5th Straight Year on Inc. 5000 List

August 19, 2016

Today Clearent announced its latest ranking on the Inc. 5000 list of fastest growing private companies. This marks the company’s fifth straight appearance on the well-known list. Driven by an impressive organic growth rate of 240% between 2012 and 2015, Clearent continues to deliver industry-leading products and services and first-class support to help its sales teams and partners grow faster and boost their bottom line.

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Clearent Appoints New Chief Financial Officer

July 14, 2016

Today Clearent announced that Chris Knibb has joined the payment processing company as its new Chief Financial Officer (CFO). Knibb joins Clearent from Express Scripts, a Fortune 22 pharmacy benefit management company, where he was Vice President of Financial Planning Analysis. With more than 20 years of financial leadership experience, ranging from a technology start-up to a $100 billion revenue organization, Knibb is well positioned to make an immediate impact at Clearent.

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Clearent Receives St. Louis Post-Dispatch Top Workplaces Award

July 07, 2016

Clearent has been awarded a 2016 Top Workplaces honor by the St. Louis Post-Dispatch. The Top Workplaces lists are based solely on the results of an employee feedback survey administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and workplace improvement. Several aspects of workplace culture were measured, including alignment, execution, and connection, just to name a few.

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Clearent Announces Hosted Payments for eCommerce

June 28, 2016

Clearent, one of the fastest-growing payment processing companies in the U.S., today announced the release of its Hosted Payment buttons and forms. With eCommerce sales totaling $341.7 billion in 2015(1) and growing by 36.2% annually(2), now more than ever, online retailers are looking for innovative, secure digital payment methods. Hosted payments provide an innovative way to securely accept digital payments virtually anywhere.

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spotlight

Hosted Payments

Reduce PCI hassles and match the look and feel of your site...

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Clearent Marketplace

Find business solutions that are seamlessly integrated with our payments platform...

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Custom-Built Virtual Terminal

A quick, easy, and secure way to accept payments in the office or on the go...

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