Priority Climbs 26 Places in Processor Rankings

The latest Nilson ranking of bankcard processors was released on March 26. Priority jumped 26 places from its previous year's ranking and emerged as one of the fastest growing processors in the nation.

"The latest Nilson ratings are a strong validation of Priority's business strategy. We've made service our first priority," said John Priore, president and CEO.

Proprietary Technology Powers Unparalleled Service

The key to that service is a proprietary technology called Merchant Exchange (MX). A sophisticated online interface, MX provides unprecedented access to real-time information on all aspects of daily business for every merchant in an agent's portfolio.

"Taken together, our principals have more than 50 years in the payment processing business," Priore said. "We're using that knowledge to provide only best-in-class solutions. Where what existed wasn't good enough, we designed our own, that's MX. We stand behind every transaction with a new level of service and support."

Priority Payment Systems Signs 1000th MX User

In March, Priority reached a significant milestone with the 1000th user signing on to MX, Priority's proprietary portfolio management system. No other processor offers such a comprehensive tool. MX enables Priority's ISOs and agents to provide a higher level of customer service for their clients and at the same time manage their activities to identify opportunities, avert problems and maximize profits.

Unprecedented Access to Real-Time Information

A sophisticated, online interface, MX provides unprecedented access to real-time information on all aspects of daily business for every merchant in an agent's portfolio. Wide-ranging reporting options organize and analyze the data, providing insights that inform better business decisions. Users can capitalize on opportunities and recognize problems in time to contain them.

Priority is the only processor that provides its agents such a powerful tool for managing and growing their portfolios. It's part of our commitment to providing the industry's best service and giving our clients a competitive edge