Clearent Delivers Real-Time Application Status Updates

Online, November 27, 2012 (Newswire.com) - Today Clearent, one of the nation's fastest growing credit card processing companies, announced a new Application Status Report that gives the company's sales partners real-time insight into the status of their merchant applications after they are submitted. Partners always know where their applications stand, saving them valuable time.

Clearent created this feature in response to a problem that has plagued many ISOs and sales agents in the industry - being kept "in the dark" on the status of new applications as they make their way through the underwriting and boarding process.

The Application Status Report is powered by detailed statuses that show whether an application is in Underwriting, is Pended, or is Approved and getting its Terminal Setup. Sales representatives can easily see the progress of their applications, including any notes from our Underwriting or Operations teams, all in real time.

If an application is Pended, the screen tells why and which information may be needed to resolve the issue. Even better, agents can upload the required information directly from the screen - there is no need to fax or email the documents separately.

Clearent has earned a reputation for delivering fast merchant approvals. Real-time application status tracking is the latest innovation to help merchant level sales agents spend less time on paperwork and more time selling. Compass, Clearent's unique online reporting system, delivers at-a-glance business intelligence featuring a suite of charts, graphs, and reports that are available around the clock, 24/7.

"We are excited to launch this new tool which will save our sales partners time and give them the confidence of knowing where every application stands. This will be a true advantage for our partners, and will definitely make their lives easier," said Dan Geraty, CEO of Clearent.