SparkBase sees record growth.
October 25th, 2008Between April and October, SparkBase has nearly doubled the number of ISOs that we service. We’ve added everything from one-man shops to multi-office processors. The most common reason mentioned is that we don’t compete with them in their own market.
SparkBase will NEVER sell directly to merchants.
…and we’re just getting started. With a completely new portal just around the corner, we can’t wait to see what 2009 looks like.
About SparkBase:
SparkBase is the largest Stored Value gateway for the processing of “Private Label” gift and loyalty card transactions to the merchant services industry. Headquartered in Cleveland, Ohio, SparkBase processes millions of transactions annually for some of the largest payment networks in the industry. This offers a competitive advantage to the MLS and ISO that want to process stored-value cards, without having to build and manage a separate datacenter of their own. Unlike traditional stored-value models, SparkBase does not retain any ownership of the merchant contract. The ISO/MLS is free to process transactions however they would like on the fastest and most secure network in the industry. Serving merchants nationwide, as well as 4 countries, SparkBase is positioned to be the growing standard for ASP modeled transaction reporting. SparkBase has grown by more than 150% annually since processing its first transaction in October of 2004. For more information, visit SparkBase.com