Gravity Payments Grabs a Top Spot in 2008 Nilson Report for Third Year in a Row
Ranking in the Top 100 in the Nation on the Nilson Report, Gravity Payments Remains the Largest Payment Processor in Washington State
Seattle, WA (PRWEB) June 3, 2009 -- Gravity Payments announces its standing as one of the top acquirers for merchant card processing contracts in the U.S. for 2008, according to The Nilson Report. This is the third year Gravity Payments has earned recognition from this prestigious organization, coming in at 63 for 2008, showing growth since its 2007 ranking of 73.
"We are excited to be in the top 100 for the last three years and look forward to moving up the list over the years to come," said CEO and co-founder Dan Price. "We feel that our commitment to creating lasting relationships with clients and focusing on how to better serve new and existing clients will help us continue to see major growth."
Other Washington companies recognized on the list include Columbia Bank and Sterling Savings Bank, ranked 72 and 81 respectively. The Nilson Report ranks merchant acquirers based on the volume of Visa and MasterCard transactions handled by each company, including credit and debit card purchases.
About Gravity Payments:
Launched in 2004, Gravity Payments is the largest full-service payment processing company in Washington State. Gravity Payments' clientele includes small to medium size businesses that are primarily restaurants and retailers. Gravity Payments has doubled its customer base and revenue every year it has been in business, and processes over $1 billion per year in payments.
For further information, please visit the website at www.gravitypayments.com.
Company Contact Information: 1434 Elliott Ave. W. Suite C, Seattle, WA 98119 Phone: 866.701.4700
Media Contact:
Christy Baker
866.701.4700 x870
cbaker (at) gravitypayments (dot) com
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