Business
Accelerated Technologies Holding Corp. Expands Intelagy Operations to Include Credit Card Processing and Business Solutions Operations
Accelerated Technologies Holding Corp. Expands Intelagy Operations to Include Credit Card Processing and Business Solutions Operations.
About this update from Accelerated Technologies Holding Corp.
[{"type":"text","content":"\nNEW YORK, July 17, 2018 (GLOBE NEWSWIRE) -- Accelerated Technologies Holding Corp. (OTC Markets: ATHC) (“ATHC” or “the Company”) today announces the expansion of its Intelagy operations, completing the Company’s initiative of becoming a business hub for small to mid-sized businesses (SMBs).\n Intelagy (www.Intelagy.com) is primarily focused on driving traffic and revenue to SMBs in the United States while providing affordable monthly subscription-based solutions that pass the savings to the merchants. The expansion will enable ATHC, via Intelagy, to gain market share while providing unparalleled solutions in the areas of affordable electronic payments; standard, mid and high-risk merchant services; point-of-sale solutions (POS); sustainable alternative funding; digital media; branding; and management for merchants operating in retail, online and mobile environments. “We are pleased to complete the foundation of ATHC’s core initiatives. The addition of Intelagy services will further enhance our customer-driven value-add portfolio and emphasizes our commitment to enterprise-level solutions for small and mid-sized merchants, enabling local merchants to compete more efficiently in today’s difficult retail, mobile and online environments,” said Kevin Kading, president of ATHC. To compete for customers, processors heavily rely on independent sales organizations (ISOs) for marketing, sales, operations and, often, for the underwriting of merchant accounts. The ISO is typically a middleman sales organization that absorbs hefty operational costs, which are, in turn, passed on to the merchants. Intelagy intends to disrupt the industry by offering “direct to merchant” monthly subscription services that will enable merchants to save up to an estimated $5,000 per annum. Beyond merchant services, Intelagy intends to arm merchants with local marketing, digital media, funding, analytical tools and unprecedented transparencies to transactional and settlement data. Intelagy will enable small-business owners to compete with online giants and national conglomerates to gain market share. Intelagy will differ from and disrupt the business solution industry by empowering small-business owners to choose from a list of affordable and comprehensive business solution packages. SMBs continu...