Clarus Merchant Services Net Worth and Competitors

Clarus Merchant Services, established in 1999, stands as a beacon of professionalism and unparalleled service in the realm of payment processing.

With a commitment to excellence, Clarus offers a comprehensive suite of integrated products, bolstered by scalability, security, and unmatched customer retention rates.

Processing over $5 billion annually, Clarus is a trusted partner for businesses seeking streamlined payment solutions that drive success.

Brand NameClarus Merchant Services
FounderRandy Tillim Savage
Established In1999
Servicepayment processing.
HeadquartersGaithersburg, Maryland
Clarus Merchant Services Net Worth$8 billion (Last Updated August 2023)

Clarus Merchant Services Net Worth

Clarus Merchant Services boasts a substantial net worth of $8 billion, a testament to its robust presence and success in the payment processing industry. This financial strength underscores its ability to provide top-tier services and innovative solutions to merchants, solidifying its position as a leader in the field.

Suggested Article: Bionic Pets Net Worth

Clarus Merchant Services Founder

Clarus Merchant Services was co-founded by Randy Tillim Savage, a visionary entrepreneur. Since its inception in 1999, Randy Savage played a pivotal role in shaping the company’s dedication to professionalism and excellence in payment processing.

His innovative leadership and commitment to service have contributed significantly to Clarus Merchant Services’ success and reputation in the industry.

Clarus Merchant Services History

Clarus Merchant Services, established in 1999, boasts a rich history of providing exceptional payment processing solutions. Founded with a vision of unparalleled professionalism and service, the company quickly gained prominence in the industry.

Over the years, Clarus has consistently evolved its offerings, embracing cutting-edge technology and innovative approaches to meet the ever-changing needs of merchants. Its commitment to scalability, flexibility, and security has enabled Clarus to process over $5 billion annually, earning it one of the highest retention rates in the field.

The company’s history is marked by a continuous drive to enhance merchant experiences, with a comprehensive suite of integrated products, value-added services, and robust management reporting tools.

This enduring dedication to excellence has positioned Clarus Merchant Services as a trusted partner for businesses seeking reliable and future-proof payment processing solutions.

Clarus Merchant Services Competitors

  • Square, Inc.: A well-known name in the payment processing industry, Square offers a range of services, including point-of-sale solutions, online payments, and mobile payment processing.
  • Stripe: Stripe provides online payment processing for businesses of all sizes, with features like customizable checkout options, subscription billing, and international payment support.
  • PayPal: As a global leader in online payments, PayPal offers a variety of payment solutions, including payment processing for businesses, online invoicing, and peer-to-peer money transfers.
  • Authorize.Net: A subsidiary of Visa, Authorize.Net offers a range of payment processing solutions, including e-commerce, mobile, and point-of-sale payments, along with fraud prevention tools.
  • Adyen: This Netherlands-based company specializes in global payment processing, catering to businesses with an international customer base and offering unified commerce solutions.
  • Worldpay: With a focus on omni-channel payment solutions, Worldpay provides services for in-store, online, and mobile payments, as well as value-added services like analytics and fraud detection.
  • Fiserv: Fiserv offers a comprehensive suite of financial services, including payment processing solutions for businesses, banks, and credit unions, along with advanced reporting and analytics capabilities.
  • Elavon: A subsidiary of U.S. Bank, Elavon provides payment processing services for businesses across various industries, including e-commerce, hospitality, and healthcare.
  • First Data: Now part of Fiserv, First Data offers merchant services, payment processing, and point-of-sale solutions to businesses of all sizes.
  • Chase Paymentech: As part of JPMorgan Chase, Chase Paymentech offers a range of payment processing solutions, including online payments, point-of-sale systems, and mobile payment options.

These companies are among the key competitors in the payment processing industry, each offering unique features and solutions to meet the needs of merchants and businesses worldwide.

Clarus Merchant Services Achievements

CLARUS Merchant Services stands as a beacon of success, driven by a series of remarkable achievements that have shaped its trajectory in the payment processing industry. With a commitment to excellence and innovation, CLARUS has garnered a reputation for pioneering advancements and delivering exceptional value to its clients. Among its notable achievements:

  • Industry-Leading Innovation: CLARUS has consistently introduced cutting-edge technologies and solutions that redefine payment processing, enhancing efficiency, security, and user experience.
  • Strategic Partnerships: Collaborations with key players in finance, technology, and business have strengthened CLARUS’ reach and capabilities, leading to enhanced service offerings and seamless integration.
  • Unrivaled Scale: Processing over $5 billion annually is a testament to CLARUS’ widespread impact and solidifies its position as a leading player in the industry.
  • Highest Retention Rates: With an unwavering commitment to customer satisfaction, CLARUS boasts the industry’s highest retention rates, a testament to its dedication to client success.
  • Innovative Solutions: CLARUS’ suite of integrated, future-proof products has empowered businesses with customized tools to navigate the evolving payment landscape.
  • Revolutionizing Payment Systems: CLARUS’ forward-thinking approach has transformed payment systems, enabling businesses to adapt, thrive, and excel in an increasingly digital world.
  • Client-Centric Approach: CLARUS’ achievements are grounded in its client-centric ethos, providing tailored solutions that address unique business needs and foster lasting partnerships.

As CLARUS Merchant Services continues its journey, these achievements serve as milestones, inspiring the company to push boundaries, elevate industry standards, and shape the future of payment processing.

Clarus Merchant Services Facts

CLARUS Merchant Services Unveiling Fascinating Facts

  • Established Legacy: Founded in 1999, CLARUS Merchant Services boasts over two decades of expertise in revolutionizing payment processing.
  • Scale and Impact: Processing a staggering $5 billion annually, CLARUS has left an indelible mark on the industry with its widespread influence.
  • Unparalleled Retention: CLARUS proudly holds the industry’s highest retention rates, a testament to its unwavering commitment to customer satisfaction.
  • Innovative Solutions: CLARUS is synonymous with innovation, offering a comprehensive suite of integrated, future-proof products that cater to diverse business needs.
  • Strategic Partnerships: Collaborative alliances with key industry players have fortified CLARUS’ capabilities, enriching its service offerings and global reach.
  • Digital Transformation: CLARUS has been at the forefront of digitizing payment systems, equipping businesses to navigate the evolving landscape seamlessly.
  • Client-Centric Approach: CLARUS prioritizes clients, crafting tailored solutions that cater to unique business requirements and foster enduring partnerships.
  • Trailblazing Leadership: Under visionary leadership, CLARUS has consistently pioneered advancements that redefine payment processing norms.
  • Industry Recognition: CLARUS’ excellence has garnered widespread recognition, solidifying its status as an industry leader and innovator.
  • Future-Ready: With an eye on the future, CLARUS continues to shape the payment processing landscape, setting new standards and empowering businesses.

These facts illuminate CLARUS Merchant Services’ remarkable journey, encapsulating its unwavering dedication to innovation, client satisfaction, and industry transformation.


What is CLARUS Merchant Services?

CLARUS Merchant Services is a leading payment processor, founded in 1999, offering innovative solutions for businesses to handle electronic transactions, credit card payments, and more.

What sets CLARUS apart from other payment processors?

CLARUS stands out due to its unparalleled retention rates, a comprehensive suite of integrated products, and a client-centric approach that tailors solutions to each business’s unique needs.

How much revenue does CLARUS generate?

CLARUS processes a substantial $5 billion annually, reflecting its significant presence and impact in the payment processing industry.

Who are the founders of CLARUS Merchant Services?

The founders of CLARUS Merchant Services are Randy Tillim Savage, a visionary businessman, and leader dedicated to enhancing payment systems

What industries does CLARUS serve?

CLARUS caters to a diverse range of industries, offering its payment processing expertise to businesses seeking efficient and secure transaction solutions.

Does CLARUS offer partnerships or collaborations?

Yes, CLARUS actively engages in strategic partnerships and collaborations with other industry players to enhance its service offerings and expand its global reach.

Leave a Comment