Consorteum Holdings Partners for Competitive Merchant Discount Rates

Consorteum Holdings, Inc. announced that it has established an agreement with a third party partner within the payment processing industry to offer Merchant Discount Rates.

Consorteum said it will leverage this new partnership to offer competitive Merchant Discount Rates and Point of Sale hardware to its new and existing client base.

Quent Rickerby, President & COO of Consorteum Holdings Inc., said, "This agreement will allow Consorteum to offer Canadian clients measurable cost savings on their Credit and Debit Card processing and further enhance the number of products and services we have available."

Consorteum's new Merchant Discount Rate program, the company noted, further enhances its list of financial services available to current and future clients. The addition of generating new revenues from debit and credit card transaction processing will ensure long-term revenue growth and incremental residual income. Consorteum will continue to expand its portfolio of financial services, which will further grow the revenues of the company, ensuring increased shareholder value. Processors in North America process in excess of 75 billion electronic payment transactions annually.

More Information:

http://www.consorteum.com

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