Clarus Merchant Services and Announce Strategic Partnership

Michael Jaffe from Clarus Merchant Services
30 Jan 2020

Clarus Merchant Services and are pleased to announce they have entered into a strategic partnership; combining Clarus’ industry-leading agent sales programs and ISO/agent portfolio acquisitions with’s world-class hardware distribution model that drives merchant services sales.

The merchant services industry is evolving through technology and large-scale processor mergers. Clarus Merchant Services and recognize the need to embrace the developmental changes necessary to sustain exponential business growth. The partnership brings together a depth of skills in portfolio acquisitions, diverse sales channels, and technology deployment.

This partnership is a powerful combination.’s network of ISO, Agent, and Processor hardware deployment contracts, their remarkable sales and support team, and collaborative approach is uniquely complementary to how the Clarus organization works. We believe this helps to generate cross-network relationships for merchant-base growth and portfolio acquisitions.” said Michael Jaffe, Clarus VP of Business Development. “Clarus has thrived over the past 15 years through strategic vertical marketing and portfolio acquisitions. The synergies between and Clarus, along with our healthy balance sheet, positions us as leaders in the lower to mid-tier acquisition market and will help streamline our scalability,” added Eric Pottebaum, Clarus President.

“Partnering with Clarus Merchant Services allows us to start a growth plan that has been in the works for several years. By expanding our marketing efforts and product offerings to both organizations’ customer base allows us to cement a program and portfolio strategy that will attract more talented ISOs and Agents,” said Sherif Mohamed, CEO. “With the processing industry experiencing large bank driven mergers at record levels over the past 10 years it has eroded the focus on ISO and agent support. Together, we plan to expand our collective focus on our internal and external customers while building a scalable, yet sustainable, customer-centric sales model.”

About Clarus Merchant Services [] Clarus Merchant Services founded in 1999, is a payment services provider out of Gaithersburg, MD with offices in Maryland, North Carolina, Iowa, Arizona, and Montana. CLARUS is active in portfolio acquisition, dedicated to providing multi-platform solutions, value-added servicing, and in-depth management reporting. Clarus processes over $8 billion per year and boasts one of the industry’s highest client retention rates.

About []: is the leading provider of payment equipment and solutions to customers nationwide. Through both a direct merchant and ISO/Agent channel, offers a wide range of services including merchant processing, working capital financing and an agent sales program. Headquartered in Richardson, Texas and serving customers since 2013.

For more information, please contact:
Michael Jaffe
Clarus Merchant Services
3 E Diamond Ave
20877 Gaithersburg

Category: Payments
Back To All Press Releases

Powered by

How EBICS should have been built - A modern API for bank accounts. Fully automatized processing of incoming and outgoing money transactions.

Railslove - Ruby on Rails, JavaScript, and HTML5 web development. We're a team developing products for the web. Web apps are more than our daily business. We closely accompany our clients throughout the process of turning an initial idea into a product ready to launch - and beyond.

Subscribe to FinTechWeekly

* indicates required
How did you hear about FinTech Weekly & FinTech Press Releases?
Please tell us your age:
Do you work in the fields of banking, finance, etc