Thursday, January 5, 2012

US Dataworks’ (UDWK) Clearingworks Service Hits $120B in Processed Payments

US Dataworks, Inc., a provider of payment processing solutions, today announced that more than $120 billion dollars in payments were processed through a cloud deployment of the company’s Clearingworks® payment processing platform, which is offered in a cloud-delivery model as well as a traditional on-premise solution.

Clearingworks processes checks, electronic checks, Automated Clearing House (ACH) payments and credit/debit cards.

“As part of our white-glove service, we regularly monitor key volumes and trends in our cloud solution. In December, we saw our volumes for the calendar year climb over 145 million payments totaling more than $120 billion. Now we have clear evidence that our strategy to move Clearingworks to a cloud delivery model is being accepted in the marketplace,” Chuck Ramey, CEO of US Dataworks stated in the press release.

The company says this “defining statistic” is a “remarkable milestone” that catapults Clearingworks to the forefront of cloud payment processors in terms of dollars processed and the variety of payments processed.

Wade Shaw, vice president and product manager for Clearingworks, briefly detailed the platform’s abilities and features.

“We are able to use ClearInsights, ™ our business intelligence pillar of Clearingworks, to easily monitor key statistics, volumes and trends. This is how we are able to report 2011 volumes immediately following year-end. ClearInsights provides real-time and historical information in a graphically rich presentation, including charts, graphs, dashboards and alerts. Our clients rely on ClearInsights for actionable payment information, business intelligence and predictive analysis,” Shaw stated.

For more information visit www.usdataworks.com

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