The acquisition will add a complementary telesales channel, strategic association partnerships, and USD 4.2 billion in processing volume to Clearent’s portfolio.
PAI’s Merchant Services Division serves more than 17,000 merchants in the US.
With this acquisition, Clearent will have will have more than 45,000 merchants and USD 14 billion in processing volume. Upon closing of the transaction, Clearent will begin servicing PAI’s merchants and other business relationships.
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