Expanding Partnership Network Preferred Payments recently secured a strategic partnership with SCCG Management, a prominent advisory firm in the gambling industry, indicating strong potential for growth in online gaming and betting sectors where secure payment solutions are critical.

New Payment Solutions Launch The company launched credit card payment solutions in 2017 aimed at reducing costs by up to 1% and enhancing security for B2B transactions, signaling ongoing innovation that can appeal to businesses seeking cost-effective and safe payment options.

Niche Market Focus With a specialized offering for businesses of all sizes and a focus on secure transaction technology, Preferred Payments is well positioned to serve small and mid-sized enterprises looking for affordable and integrated payment processing solutions.

Growth Potential Although currently privately held with revenue between $1 million and $10 million, there is significant opportunity to scale by targeting clients of comparable major players like PayPal, Stripe, and Square, and expanding service offerings.

Tech-Savvy Infrastructure Utilization of a modern tech stack including Windows Server, Microsoft IIS, and open source tools indicates a robust technical foundation, enabling the company to develop innovative, secure, and scalable payment processing solutions tailored to evolving market needs.