LOS ANGELES, CA – April 18, 2018 – Verifi, Inc., a leading provider of payment and risk management solutions for POS and card-not-present merchants, today announced the launch of its Authorized Reseller Program. Through the program, Verifi will expand its investment in its channel partner network to support and accelerate their growth and global merchant adoption of Cardholder Dispute Resolution Network™ (“CDRN”).
Since its launch in 2007, CDRN® has determined the industry standard for delivering unmatched chargeback prevention services. With consistent year-over-year growth, the CDRN patented “closed loop” process helps merchants achieve the highest level of true chargeback protection by reducing chargebacks up to 40%, while avoiding false positives, reducing manual review time, and increasing their profitability.
Verifi has partnered with leading payment gateways, processors, and payment solution providers to expand access and adoption of CDRN and protect the health of partner portfolios, adding considerable value to the services its partners offer their merchant clients.
Verifi’s Authorized Reseller Program enhances the value of its partners’ solutions in conjunction with offering CDRN. Key benefits include:
- Direct investment in partner sales effort through performance-based Marketing Development Funds
- Dedicated marketing and support staff
- Joint business development and referrals
- Dedicated Partner Portal: Easy access to sales tools, training, marketing materials, program performance, and lead tracking
“We are extremely grateful to our reseller partners for their proven ability to drive growth of CDRN, and we are excited to increase investment in our valuable partners through our Authorized Reseller Program,” said Matthew Katz, CEO of Verifi. “We are committed to arming our partners with the best tools and support to ensure our mutual success through the delivery of our award-winning dispute management solutions. We also look forward to building on that success with the introduction of new, innovative products in 2018.”
“It was a clear choice in our decision to work with Verifi, based on their reputation as an industry leader,” said Corey Baggett, CEO of Midigator. “Our clients are able to receive and respond to disputes in near real-time, which further enables our technology to help protect our clients’ revenue and profits.”
Later this year, Verifi will expand its offering to authorized resellers with additional value-added services, building on its already successful distribution model.
Learn more about Verifi’s Authorized Reseller Program – or contact Verifi at (323) 655-5789.
About Verifi
Founded in 2005, Verifi is an award-winning provider of end-to-end payment protection and risk management solutions. Verifi’s patented collaboration platform, CDRN, enables the sharing of near real-time data between cardholders, merchants, and issuers to resolve disputes, save sales, prevent fraud and stop chargebacks. Verifi’s services also help merchants fight and recover profits lost from unwarranted chargebacks, process payments securely, and optimize billings. Trusted by a wide range of businesses, from emerging companies to the Fortune 500, Verifi is headquartered in Los Angeles and serves more than 20,000 accounts globally. For more information, visit: verifi.com.
