US Dataworks announces $120 billion processed through Clearingworks payments processing Cloud in 2011

US Dataworks, a provider of payment processing solutions,
announced that more than $120 billion dollars in payments were
processed through a cloud deployment of the Clearingworks payment processing

“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,” said Chuck Ramey, CEO of US Dataworks.

The Clearingworks payment platform, combined with the
newly released apps, helps Clearingworks in becoming a right solution for all
businesses, utilities, financial institutions and government agencies.

The Clearingworks payments platform processes all checks,
electronic checks, Automated Clearing House (ACH) payments and credit/debit
cards. Clearingworks is being offered in a cloud-delivery model, as well as a
traditional on-premise solution. 

“We are able to use ClearInsights, our business
intelligence pillar of Clearingworks, to easily monitor key statistics, volumes
and trends. 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,” said Wade Shaw,
vice president and product manager for Clearingworks.

By 2015 low-cost cloud services will replace 15 percent
of the projected $1 trillion IT services market. Clearingworks’
early success in moving traditional payment processing to the cloud is a prime
example of this transition, according to Gartner.

By Team
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