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Welcome to the 'Next Big Thing' in Payment Processing

Mobile Commerce Insider Featured Article

July 18, 2014

Welcome to the 'Next Big Thing' in Payment Processing

By Mini Swamy
TMCnet Contributor

Managing payments shouldn’t be a complicated process, and merchants, harassed as they already are, shouldn’t have to be bothered about managing their accounts. There are many reporting tools out there to help them do that, but most of them are either too complicated or inadequate. CardConnect’s Merchant Center will hopefully reduce the pain points of payment processing.

The Merchant Center is reported to be one of the easiest and most intuitive online merchant portals in the payments industry, and businesses using CardConnect can have instant access to the latest tools for securing and optimizing all types of transactions.

This online portal grows with businesses, and can be configured to assign different sets of permissions for different users. Positioned to receive important notifications regarding chargebacks or when new statements are made available, the center enables merchants to always maintain an updated status.

Available free for all businesses that use CardConnect to process payments, the Merchant Center mirrors what consumers receive through their online banking accounts. Each of the 50,000 merchant customers can access reports regarding all payment transactions, be it a deposit, a settlement, funding or more.

"What the CardConnect Merchant Center does is take all of a merchant's transaction information, from every sales channel and location, and break it down into digestible reports. Everything can be done in three clicks or less," said Robert Nathan, chief technology officer at CardConnect.

And that’s not all; merchants can easily add other features and also secure EMV devices. Perhaps the best part is that it advocates the ‘green concept’ as it allows them to opt out of paper statements.

CardConnect’s gateway and security solutions also address the complex needs of merchants accepting credit, debit, check, gift card and loyalty transactions.


"We are dedicated to having the CardConnect Merchant Center become the next wave of payment processing," said Jeff Shanahan, President and CEO at CardConnect.

In its seven-year sojourn, CardConnect has come a long way. It started off with signing up merchants for card transaction services and providing technology that makes transactions possible. Today, it touches a new high by giving a new twist to payment processing, laying the foundation for what could possibly be a new era for merchant payments.

Edited by Adam Brandt

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