Consorteum Holdings, Inc. announced this morning that it has established an agreement with a third party partner within the payment processing industry to offer Merchant Discount Rates. Leveraging this partnership, Consorteum will offer competitive Merchant Discount Rates and Point of Sale hardware to its new and existing client base.

Quent Rickerby, President & COO of Consorteum Holdings Inc., said, “This agreement will allow Consorteum to offer Canadian clients measurable cost savings on their Credit and Debit Card processing and further enhance the number of products and services we have available.”

The addition of this new Merchant Discount Rate program further enhances Consorteum’s list of financial services available to current and future clients. Adding new revenues from debit and credit card transaction processing will help establish long-term revenue growth and incremental residual income. Consorteum plans to continue expanding its portfolio of financial services, which will further grow the revenues of the company, ensuring increased shareholder value.

Let us hear your thoughts: Consorteum Holdings, Inc. Message Board