Renterval Selects CardConnect To Provide Online Rental Payment Settlement

King of Prussia, Pennsylvania, October 31, 2016: Online rental software company Renterval LLC today announced it has completed its integration of CardConnect into its payment management system. 

The integration permits rental companies to securely accept online rentals in real-time, resulting in greater customer satisfaction and a significantly lower cost to serve the customer. This partnership will also cater to the current rental client base at CardConnect, allowing them to seamlessly transition to Renterval for an all-in-one solution to conduct daily business.

Andrew Chambers, Founder of Renterval, said, “Renterval gives rental businesses an affordable way to quickly add online renting & management to their business, eliminating the time and IT requirements usually needed to add technology to grow customers and revenues.  Best of all, Renterval complements (and can even replace) the business’s current rental management and point-of-sale systems.  We serve the rental industry exclusively, and CardConnect’s role as the official merchant services provider to the American Rental Association makes the partnership extremely valuable to Renterval and CardConnect clients alike.”

“This partnership will allow businesses using Renterval to process transactions through the CardConnect payments platform. Our solution provides rental clients a simple and secure way to instantly accept online rentals; based on real-time availability. We pride ourselves in providing the most secure payment technology on the market,” said Rob Nathan Executive Vice President of Integrated Solutions at CardConnect. “This integration combines two powerful technologies providing a streamlined approach to conducting daily business.”

The companies will discuss the partnership in more detail at The ARA Rental Show in Orlando, Florida next year.  For more information, visit Renterval.com/CardConnnect.

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About Renterval:

Founded in 2008, Renterval provides rental businesses with online rental software, permitting real-time rental reservations from customers using computers, tablets or smartphones.  Pricing and other details are available at Renterval.com/Pages/Pricing.

About CardConnect:

CardConnect (NASDAQ: CCN) is a leading provider of payment processing and technology solutions, helping more than 65,000 organizations – from independent coffee shops to iconic global brands – accept billions of dollars in card transactions each year. Since its inception in 2006, CardConnect has developed advanced payment solutions backed by patented, PCI-certified point-to-point encryption (P2PE) and tokenization. The company’s small-to-midsize business offering, CardPointe, is a comprehensive platform that includes a powerful reporting and transaction management portal which extends to a native mobile app. For enterprise-level organizations, CardSecure integrates omni-channel payment acceptance into several ERP systems – such as Oracle, SAP, JD Edwards and Infor M3 – in a way that minimizes PCI compliance requirements and lowers transaction costs.

For inquiries, contact:

Renterval: John Lerman john.Lerman@Renterval.com or 888-734-4315

CardConnect: Michael Starosciak mstarosciak@cardconnect.com or 484-654-9668