January 6th 2011- CHICAGO, IL - SingleHop Inc., the fastest-growing web hosting company in the United States, has announced a strategic partnership with credit card payment processing firm Host Merchant Services, under which Host Merchant Services will provide enhanced payment processing services to SingleHop's Tandem reseller customers. SingleHop was ranked as the fastest growing privately held web hosting company in the 2010 Inc. 500, a list of the country's fastest-growing private companies published annually by Inc. Magazine.
"Our agreement with Host Merchant Services is another step in our effort to offer a wide range of best-in-class services to our customers," explained SingleHop CEO Zak Boca. "We chose to partner with Host Merchant Services because they share our dedication to technological leadership, competitive pricing, and unparalleled customer service." Mr. Boca also has the distinction of recently being named as one of Chicago's most promising and influential entrepreneurs by Crain's Chicago Business in the magazine's annual 40 Under 40 list, based on his successful management of SingleHop.
Initially, Newark, Delaware-based Host Merchant Services will provide its innovative payment processing services, including customized and private-label payment solutions, to customers participating in SingleHop's Tandem reseller program. The services will later be rolled out to other SingleHop customers. Host Merchant Services is a registered Independent Sales Organization (ISO) with Visa U.S.A. and MasterCard International with bank sponsorship provided by Fifth Third Bank Corp, Cincinnati, Ohio. The company specializes in providing world class customer service and support to its credit card processing customers.
Host Merchant Services has focused on serving web hosting providers as a fast and transparent third party solution for processing credit cards for hosting customers. The company expects the SingleHop partnership to further raise the company's profile within the web hosting industry. "We've designed an outstanding suite of services for web hosting providers, and we're proud to be working with an industry leader in SingleHop," said Lou Honick, CEO of Host Merchant Services.
To learn more about SingleHop please visit: http://www.singlehop.com.
For futher information on Host Merchant Services and processing credit cards please see:http://www.hostmerchantservices.com.
About SingleHop, Inc.
SingleHop, Inc., is a full-service hosting provider based in Chicago. The company was founded by Zak Boca and Dan Ushman in 2006 and hosts websites for thousands of customers in more than 100 countries. SingleHop was ranked #58 in the 2010 Inc. 500, an annual list of America's fastest-growing companies.
About Host Merchant Services
Host Merchant Services focuses on delivering the industry's lowest processing rates while providing industry-leading service and support. The company's products include merchant services and credit card processing with a keen focus on serving web hosting providers. Host Merchant Services is the only merchant services company that guarantees unsurpassed pricing, support, and customer service. The company is headquartered in Newark, Delaware.