ACN Announces Venture into Merchant Services

The world’s largest direct seller of telecommunications, energy and other essential services is now adding merchant services to its product portfolio. American Communication Network (ACN) has announced the launch of its new merchant services program through a partnership with Anovia Payments LLC.

With the company’s newest offering, ACN’s Independent Business Owners (IBOs) have the opportunity to promote a service their small business customers use every day: credit card transactions. “With Anovia Payments, we can continue to provide small businesses essential services they need offered by an IBO they know and trust,” said ACN Chairman and Co-Founder Robert Stevanovski.

Dallas-based Anovia Payments has assembled a leadership team with over 75 years of combined industry experience. The provider launched in the U.S. this month, with plans to expand into Canada before the end of the year and into select European countries in 2014.

As the Direct Selling Association highlighted in its Annual Growth & Outlook Survey, Services represent one of two categories that have generated steadily increasing sales over the last several years. ACN’s expansion into the merchant services segment presents an opportunity to significantly increase its footprint within the Services category.

Read more on ACN’s merchant services launch.

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About Direct Selling News
Direct Selling News Magazine has been serving direct selling and network marketing executives since 2004. Each issue of Direct Selling News offers content on topics that shape the dynamics of our industry.

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