Brinkman Financial Company launches new unit to process credit card payments

Brinkman Financial Company, a provider of online payment and credit card services technology, this week has announced the launch of a new subsidiary, NextPay, LLC, as a merchant credit card processing solutions provider to the retail, ecommerce and mail order industries. The company appointed Lynn Varnell, a financial services veteran, to lead the new company.

"There are very few companies like NextPay in the merchant services space," said Mark Brinkman, president of Brinkman Financial Company. "All of our technology is under one umbrella, making our services simple to use and highly secure. With our software development capability, we are also able to deliver unique products and customize solutions. 

“Most companies in the credit card processing space cobble together solutions from a number of other providers and resell them. Ultimately, merchants pay more in terms of time, money and compliance,” Brinkman noted. 

NextPay has a Level One Payment Card Industry (PCI) compliance certification which is the highest security standard in the industry. NextPay offers a suite of processing tools designed to improve a merchant’s business performance, revenue recognition and information security.