Year characterized by sustained increases in revenues, company growth
SAN FRANCISCO--(BUSINESS WIRE)--ChargeSmart, an alternative payment solutions provider enabling card acceptance at no cost to billers, announced its 2010 company performance metrics, demonstrating sustained growth in terms of transaction volumes, revenues and introductions of new payment programs to the industry.“Our company’s growth over the past year reflects how modern consumers are increasingly using online channels to pay for items such as utility bills or auto loans”
Last year, ChargeSmart increased transaction volume by more than 400 percent -- supporting growing user demand for new ways to make electronic payments – and now serves more than 300,000 customers nationwide. Much of this growth can be attributed to newly added features and flexibility, such as ChargeSmart’s recurring payment program.
In addition, the company significantly increased staffing levels in its customer service centers (which are exclusively based in the U.S.); grew its established channel partner network in the payments, utilities, auto finance, cards/collections and mortgage industries; and implemented improved fraud screening procedures to its system. ChargeSmart also launched a newly redesigned blog, offering helpful personal finance tips and advice to customers, which can be found at http://blog.chargesmart.com/.
“Our company’s growth over the past year reflects how modern consumers are increasingly using online channels to pay for items such as utility bills or auto loans,” said Tim Brinkman, CEO of ChargeSmart. “By eliminating the expensive interchange fees and technical challenges commonly associated with card acceptance, we allow our biller partners to more easily meet customer demand for a variety of payment options without having to incur the typical associated costs.”
About ChargeSmart
Founded in 2008, San Francisco-based ChargeSmart is an alternative payment solution enabling card acceptance at no cost to the biller, allowing businesses to meet their customers’ card payment preferences without the expensive fees and technical challenges associated with traditional card acceptance programs. For more information, visit the company's website athttp://corp.chargesmart.com/index.html.
Contacts
For ChargeSmart
Sarah Wroble, 678-781-7236
Sarah Wroble, 678-781-7236
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