CardConnect Updates Payments Platform, Focuses on Seamless Enrollment for New Merchants

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CardConnect Updates Payments Platform, Focuses on Seamless Enrollment for New Merchants

Businesses can now implement secure and integrated credit card processing faster than ever

KING OF PRUSSIA, Pa. (September 20, 2016) — CardConnect® (NASDAQ: CCN) today announced a new release of CardPointe, its payments platform that offers mobile, terminal and integrated payment solutions. Foremost upon the many improvements is an enhanced application process that allows merchants to quickly and simply register for merchant services, review pricing options, activate new features and products, and immediately begin using CardPointe.

CardPointe is one of the only payments platforms that supports both card-present and card-not-present sales channels, secures transactions with Point-to-Point Encryption (P2PE) and tokenization, and also allows merchants to integrate these offerings in any application with a library of APIs. What’s more, CardPointe is now the only payments platform that offers these capabilities with a seamless, online enrollment process.

These enrollment updates also bring key enhancements to CoPilot, CardConnect’s merchant management system which thousands of sales partners, including software companies, banks, associations and Independent Sales Organizations (ISOs), rely upon to manage and support their customers’ use of CardConnect’s products and services. With a direct integration between CoPilot and CardPointe now in place, CardConnect partners can enroll new customers on the CardPointe platform in minutes.

“We believe that the merchant enrollment process should be simple, quick and intuitive,” said Jeff Shanahan, Chief Executive Officer and President of CardConnect. “What we have created is the most user-friendly and seamless enrollment process in the payment processing industry.”

For more information on CardPointe, visit cardconnect.com/cardpointe.

About CardConnect

CardConnect (NASDAQ: CCN) is a leading provider of payment processing and technology solutions, helping more than 65,000 organizations – from independent coffee shops to iconic global brands – accept billions of dollars in card transactions each year. Since its inception in 2006, CardConnect has developed advanced payment solutions backed by patented, PCI-certified point-to-point encryption (P2PE) and tokenization. The company’s small-to-midsize business offering, CardPointe, is a comprehensive platform that includes a powerful reporting and transaction management portal which extends to a native mobile app. For enterprise-level organizations, CardSecure integrates omni-channel payment acceptance into several ERP systems – such as Oracle, SAP, JD Edwards and Infor M3 – in a way that minimizes PCI compliance requirements and lowers transaction costs.