News from the Wire

Clarity Payment Hub introduces innovative credit system

Wednesday, January 15, 2025 — 13:18:42 (EST)

AUSTIN, TX, November 12, 2024 - Clarity Ventures, a leader in enterprise payment solutions, today announced a groundbreaking enhancement to its Payment Hub platform that revolutionizes how merchants handle refunds while protecting their profit margins and improving customer satisfaction.



The new credit system feature addresses a critical pain point in merchant services: the double impact of transaction fees on refunds and the loss of revenue from traditional refund processes.

Instead of issuing standard credit card refunds that can take days to process and incur additional fees, merchants can now provide instant account credits through the Clarity Payment Portal, keeping revenue within their ecosystem while delivering faster customer service.



"Merchants are always looking for ways to improve customer satisfaction, while protecting profits," said Ron Halversen, President of Clarity Payments. "We are constantly working with our Merchant Services partners to deliver solutions that provide additional value to their merchant clients, and this is just one of the many new features we've added to the platform."



This innovative approach offers multiple advantages for both merchants and customers:


- Elimination of secondary transaction fees associated with traditional refunds


- Instant credit availability for customers, compared to multi-day refund processing
- Retained revenue within the merchant's ecosystem


- Preserved profit margins from original transactions


- Improved cash flow management
- Enhanced customer satisfaction through immediate credit access



The credit system is fully integrated into Clarity's comprehensive Payment Hub solution, which already provides merchants with features such as automated payment processing, ERP integration, virtual terminal capabilities, and PCI DSS compliance. This addition further strengthens Clarity's position as a leading provider of innovative payment solutions for businesses of all sizes.



About Clarity Ventures:


For nearly two decades, Clarity Ventures has been at the forefront of eCommerce and payment processing solutions. The company's flagship product, Clarity Payment Hub, connects any payment gateway with any ERP, CRM, or EMR system to enable automated processing of credit card and invoice payments. Clarity serves thousands of merchants across multiple industries, processing billions in online revenue through its enterprise-class platforms.



For more information about Clarity Payment Hub and its features, visit www.clarity-ventures.com/payment-hub



Ron Halversen President, Clarity Payments Ron.Halversen@claritymis.com

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Source: Company press release.