Inc. Magazine Recognizes ILD Telecommunications for Tremendous Growth in 2009 Inc. 5000 List
August 14, 2009 (PRLEAP.COM) Business News
PONTE VEDRA BEACH, FL August 14, 2009 - Inc. magazine ranked ILD Telecommunications, Inc. among the fastest growing companies in its inaugural release of Inc. 5,000. Each year, this index ranks the fastest growing private companies in the United States and is the most comprehensive review of private enterprise ever assembled. ILD earned a place on the 2009 Inc. 5000 list, celebrating the fastest-growing private companies in America. The company ranked 4,675 nationwide, 232 in Florida, 16 in Northeast Florida."As a testament to our consistent growth over the past three years, ILD is proud to be recognized as one of America's fastest growing privately held companies by Inc. magazine," said Mike Lewis, Chairman and CEO of ILD. "This award is the culmination of the hard work and persistence by all of our employees to continually focus on bringing value to our customers."
ILD's strong growth is in large part attributable to its alternative payment processing division, ILD Teleservices. "Our Payment Processing division has experienced significant growth over the course of the last five years, and we expect to see more of the same this year", said Dennis Stoutenburgh, President & COO of ILD. Rather than working directly with individual phone companies, merchants contract with clearinghouses, like ILD Teleservices, for no credit card required 'Bill to Phone' payment. "In the payment processing industry, it's critical that businesses get paid quickly and reconcile accurately, and ILD's systems provide both. That's largely why ILD is the fastest growing 'Bill to Phone' clearinghouse in North America," said Stoutenburgh.
Merchants realize that by offering convenient payment options at check-out, consumers will be more likely to complete a purchase, which in the current climate creates substantial revenue lift for digital merchants and content providers.
According to Stoutenburgh, there is increased consumer demand for alternative payment methods, in a credit crunched market. Businesses also recognize the competitive advantage that outsourcing of back-office functions, like payment processing provides by reducing costs without capital investment and without sacrificing quality. ILD's US-based services and on-shore support centers offer businesses quality outsourced payment processing and support center services.
About ILD Telecommunications, Inc.
Since 1996, ILD Telecommunications, Inc. has helped US businesses maximize productivity and improve costs in the areas of payment processing and clearing, outsourced operator and call center services and teleconferencing and web collaboration solutions. The company has offices in Dallas, San Antonio, Atlanta, Jacksonville and Fort Lauderdale, with corporate headquarters in Ponte Vedra Beach, Florida, in addition to remote sales offices throughout the country. ILD operates with more than 300 employees and over $100 million in annual revenues. For more information on ILD, visit http://www.ildtelecom.com
About ILD Teleservices
ILD Teleservices is a leader in the alternative payment processing industry, providing a convenient, simple and secure Bill to Phone payment alternative that allows consumers to purchase products and services online or over the phone by directly charging their phone bill, without disclosing personal financial data to each business. The rapidly growing ILD Teleservices network enables merchants to attract a new market of customers with an effortless payment experience that allows consumers to shop online without using a credit card. ILD Teleservices turnkey payment platform is tailored specifically for digital merchants and communications providers offering online content, long distance and collect calling, web hosting, Internet access, and other communications related services.
ILD Teleservices has partnered with more than 150 merchants to offer Bill to Phone payment services, a safe and convenient payment experience and its network includes more than 1,400 Local Exchange Carriers, including AT&T, Verizon, Qwest, Embarq and more. Millions of consumers and businesses rely on the safety and convenience of ILD Teleservices payment solutions when shopping online and over the phone. For more information, visit http://www.ildteleservices.com