Phil Ricci

Phil has been working in the financial services and payments industry for many years and has held a variety of roles throughout his career prior to joining Clearent. Originally brought on as the Vice President of the Mid Atlantic Region, he currently serves as the Vice President of Sales Operations. Phil resides in Farmington, New York with his wife and three children.

July 8, 2021

Testing the Surcharging Waters with Empower Lite

Empower Lite is a flexible surcharging program that allows you to pass along just 1% – 3% of your processing costs to customers – instead of the 4% passed along with traditional surcharging.

Phil Ricci

April 2, 2021

How to Lower Your Credit Card Processing Costs with Interchange Optimization

With interchange optimization, B2B and B2G merchants can qualify for the best possible interchange rate by submitting additional data with each transaction. These savings can add up to thousands of dollars each year.

Phil Ricci

March 31, 2021

The Changing Face of Credit Card Surcharging

As businesses continue to feel the pain of the COVID-19 pandemic, state surcharging bans are under careful review. This is good news for merchants looking to offset their credit card processing fees.

Phil Ricci

March 9, 2021

Clearent Celebrates Women’s History Month

At Clearent, we take enormous pride in creating an inclusive workplace. We believe that gender should never be a barrier to success and are fortunate to have some of the most gifted and enterprising women in the industry working across all levels and channels.

Phil Ricci

February 3, 2021

Clearent at ETA PayFac Day: Profitable Alternatives to Becoming a PayFac

At ETA PayFac Day, we hosted a session that highlighted the pros and cons of becoming a PayFac and shed light on complimentary partnership models that offer similar degrees of control and increased profits.

Phil Ricci

November 23, 2020

Behind the scenes of Clearent’s ISV Virtual Summit

In a COVID-19 world, software providers have been challenged to seek out new ways…

Phil Ricci