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March 26, 2013
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.”