Clearent Continues Triple-Digit Growth Rates

Online, July 18, 2012 (Newswire.com) - Today Clearent announced that it maintained triple-digit growth rates for the first half of 2012. Clearent has been able to maintain these impressive growth rates over the past four years, and is now processing nearly $3 billion worth of transactions a year.

The company's rapidly growing volume makes it one of the fastest growing merchant services providers. Clearent's success has garnered notable accolades this year. Clearent was named to The Nilson Report's list of top merchant acquirers, was featured in Transaction Trends, and was named the 4th fastest growing private company in St. Louis by the St. Louis Business Journal.

Clearent was literally built from the ground up to be a different kind of processor, and clearly customers are showing that they prefer Clearent's fresh approach. Merchants are attracted to Clearent's next day funding program that offers a 9:00 Eastern cut off, which is one of the latest cut-off times in the industry. Sales agents rave about how the system provides extremely flexible pricing and actionable data through the Compass reporting tool. These benefits are possible because Clearent owns its processing technology and works to provide excellent service.

"Being one of the fastest growing companies in payments is something that Clearent is very proud of," commented Dan Geraty, CEO of Clearent. "Our entire team makes it a priority to deliver the best merchant service coupled with sought after products that make our partners and customers more profitable and more successful."

About Clearent
Clearent is a credit card processing company that was built to be different. We combine leading edge technology with a passion for service to help our customers maximize the value of their merchant services program. Clearent provides sales agents, financial institutions and merchants with benefits not available from other providers, such as next day funding with a late cut-off time and unrivaled graphical, web-based reporting. The company has grown in excess of 100% for the past four years and now processes nearly $3 billion in annual card volume. To learn more, visit http://www.clearent.com or call 866.205.4721.