SOURCE: Century Payments

Century Payments

August 31, 2011 08:00 ET

Century Payments Makes the Inc. 500 Top 20 List for the Second Consecutive Year

Set Apart From the Rest, Century Is the Only Company From Inc. 500's 2010 List to Make the Top 20 Again for 2011, Placing at the Number 12 Spot With a 9,258 Percent Growth

FRISCO, TX--(Marketwire - Aug 31, 2011) - Century Payments, Inc., an industry leader in payment processing, announced today its recognition as the 12th fastest growing, privately owned business on the Inc. 500 list by Inc. Magazine. The list represents the most important segment of the economy -- America's independent entrepreneurs.

Century is part of an elite few in the past 30 years that have been able to maintain such an impressive growth rate to rank among the top 20 two years in a row. This unprecedented growth is credited to Century's unique partnership business model, which differs from traditional referral programs.

Century's partnership business model is designed to increase partners' profits while strengthening their brands and customer relationships. This is achieved by enabling partners to offer electronic payments to their small-and medium-sized businesses under their own brand. Partners also receive dedicated sales forces to increase productivity and ongoing monthly residuals for the duration of the customer's processing lifetime with Century. Typical referral models only offer a one-time referral payment.

"We are honored to be recognized for the second year among many respected companies who are taking part in growing America's economy. To make the top 20 in both years of eligibility is truly exciting and humbling." said Robert Wechsler, CEO of Century Payments. "Our ability to maintain such a prestigious ranking is a true testament to our business model and more importantly, our driven and talented employees and partners." Wechsler added, "Some of the world's largest and most valued brands have trusted Century Payments and it is paying off for them and for us."

Century Payments was founded in 2006 by Wechsler and long-time business partner and friend, Eric Frazier. Since its inception, the company has grown to over 350 employees in the United States and processes close to $10 billion in annual volume.

About Century Payments
Century Payments, Inc. is a nationally recognized leader in the electronic payment processing industry, dedicated to developing the most progressive, dynamic programs to benefit merchants, partners and agents alike. Through white label alliance programs, Century is the fastest growing electronic payments company having boarded over 50,000 merchants in the last three years and processing close to $10 billion in annual volume. In 2011, Century entered into an elite group recognized on the Inc. 500 list as one of the top 20 fastest growing, privately owned businesses for two consecutive years. The company is headquartered in Frisco, Texas. Visit for more information.

About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. ( is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at

The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired). The minimum required revenue for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at

Contact Information


    Angela Pierce
    Century Payments
    Email Contact
    +1 866 927 9411 ext.4003