Veracity Payment Solutions Named One of the Top Merchant Acquirers in the U.S. for 2010 by the Nilson Report

ATLANTA, April 19, 2011 /PRNewswire/ -- Veracity Payment Solutions, Inc., headquartered in Atlanta, Georgia, announced today that it has been named as one of the "Top U.S. Acquirers" by the Nilson Report, a leading publication covering payment systems worldwide. The list was published in Issue # 967, ranking 94 of the largest portfolios of merchant card processing based on purchased volume generated by Visa® and MasterCard® signature based credit and debit cards.  

With more than 5,000 independent credit card processing entities in the U.S. alone, Veracity was ranked 66, processing over 1.4 billion and approximately 15 million in transactions that represents more than 9,400 merchant locations nationwide.

"This is the third year Veracity Payment Solutions has been listed in the Nilson Report," commented Joseph P. Cohane, CEO of Veracity Payment Solutions. "With the size and strength of our existing operations, we are well-positioned to expand into new markets and service lines. We have remained steadfast to our core principles and will continue to solidify our position in the industry."  

About Veracity Payment Solutions

Veracity Payment Solutions is headquartered in Atlanta, Georgia, with customer operations and sales services in Aiken, South Carolina, Moline, Illinois and Honolulu, Hawaii. Veracity serves the merchant community, trade associations, community banks and Affinity partners by offering full service point-of-sale solutions, web-based reporting and management tools. Veracity's key focus is to deliver quality service to our customers and ensure price transparency and clarity in every aspect of the merchant services programs we provide. Veracity is also the winner of the 2010 Torch Award for Marketplace Ethics-Category II, with the Better Business Bureau of Metro Atlanta. Visit www.veracitypayments.com for more information.      

SOURCE Veracity Payment Solutions