NEW YORK, Sept. 5, 2018 /PRNewswire/ -- Pinpoint Payments, a leader in merchant processing solutions, announces its ranking of 760 on Inc. magazine's 37th annual Inc. 5000. The list represents the nation's fastest-growing small and mid-sized private companies. This is the first time in the company's five-year history it has placed on the distinguished list, owing its phenomenal progression to answering a need in the market.
This inaugural ranking for Pinpoint Payments is the result of three years of exponential growth. Much of this growth is attributed to Pinpoint Payments filling a significant need in the industry—smarter credit card processing options for businesses from all walks of life. Pinpoint Payments specializes in helping merchants in the subscription services, affiliate marketing, vaping, and other e-commerce businesses. With a dedication to delivering high-quality services at fair rates, Pinpoint Payments has been able to offer merchant processing solutions to these businesses.
Pinpoint Payments is also a leader in providing chargeback management solutions. Any business that deals with chargebacks has the opportunity to work with Pinpoint Payments to fight fraud and recoup lost revenue. This vision has been the catalyst for a 664% sales growth in the last three years.
Benjamin Grossman, Co-founder and Chief Executive Officer, said of the ranking, "It's a great achievement, and we're glad to be recognized by Inc. Our philosophy has always been to provide a better solution for high-risk retailers. We've used our expertise and experience to deliver smarter solutions for businesses that are often neglected. This message has been received and embraced by the market and has been the stimulus for our growth."
The 2018 Inc. 5000 is highly competitive, much more than it ever has been according to the magazine. The companies on the list represent an average three-year average growth of 538.2% with an aggregate revenue of $206.1 billion. The complete list is available for view at inc.com/inc5000.
Nicholas Ruggieri, Co-Founder and Chief Sales Officer, said of the achievement "It takes dedication and hard work to constantly improve the business and continue to grow. Not only making the list, but landing in the top 20% is a huge accomplishment. We are off to a great start again this year, as we continue to serve retailers looking for reliable payment processing solutions. It's very exciting and I'm proud of our team."
Read the Pinpoint profile on the list here.
About Pinpoint Payments
Pinpoint Payments, a global leader in payment processing solutions, offers a unique blend of merchant services for traditional online retailers and hard-to-place businesses, with a focus on those considered to be high-risk. Utilizing proprietary software, Pinpoint enables their clients to reduce online payment risks, process payments more securely and increase profitability.
Pinpoint's experience as a front runner in fraud prevention and chargeback management provides extraordinary value in keeping merchant accounts healthy.
While the payment ecosystem is at times complex and confusing, working with Pinpoint is simple and easy. Learn more about how Pinpoint delivers solutions to merchants at pinpointpayments.com
Contact:
Nicholas Ruggieri
161-14 Union Turnpike
Fresh Meadows, New York 11366
Ph. 888.325.7640 ext: 1003
About Inc. Media:
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 list is ranked according to percentage revenue growth when comparing the last 3 years. For more information, visit inc.com.
SOURCE Pinpoint Payments
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