Real Time Communications Industry News

TMCNet:  MCR's Virtual Business Center Integrates Exactor Sales Tax Compliance Services

[November 26, 2012]

MCR's Virtual Business Center Integrates Exactor Sales Tax Compliance Services

WESTBURY, N.Y. --(Business Wire)--

My Clear Reports, a payments technology provider of solutions and services that help merchant acquirers, Independent Sales Organizations (ISOs), banks and processors make more money from their merchant portfolios, announced today the integration of the Exactor Sales Tax Compliance Suite into its MCR virtual business center. MCR gives merchants anytime, anywhere access to the payment solutions, services and tools they want and need to help them manage and grow their businesses effectively from a single, integrated website or mobile device or phone.

Integration of the Exactor Sales Tax Compliance Suite gives merchant acquirers, Independent Sales Organizations (ISOs), banks and processors a comprehensive solution that addresses their merchants' sales tax needs, while providing a vehicle for incremental revenue generation. The Exactor Sales Tax Compliance Suite provides merchants with a fully automated end-to-end solution that addresses all sales tax compliance requirements, and access to real-time sales tax reporting and filing services.

"Partnering with Exactor is just another example of our ongoing commitment to provide valuable, in-demand and best-in-class solutions from MCR's virtual business center that enable merchant acquirers, ISOs, banks and processors to capitalize on new revenue streams," states Dino Sgueglia, president and chief executive officer of My Clear Reports.

"Merchants of all types and sizes can rest assured knowing that sales taxes reporting with Exactor is accurate, reliable, timely and comprehensive, while providing detailed information to address any audit request," says Jonathan Barsade, Exactor chief executive officer. "What's great about integrating with MCR's virtual business center is that the systems are complementary. They empower merchants in a self-service automated online envirnment; there's no software installation, integration or maintenance requirement, and merchants have access to all of their data any time of day or night," adds Barsade.

In addition to Exactor's sales tax suite, MCR provides access to sophisticated custom reporting on payments data, powerful business analytics and online monthly statements, as well as PCI (News - Alert) compliance and certification. An online and mobile marketplace offers ready access to merchant cash advances, gift and loyalty programs, online bill payments, prepaid business cards, Automated Clearing House (ACH) processing and more to drive sales and facilitate money management. Customer Relationship Management (CRM) software for tracking, soliciting and communicating with merchants customers via email and text messaging sales campaigns, plus business templates and forms, financial calculators, marketing tips, and discounts on business and personal products and services are also part of the MCR integrated suite. Other additional products, services and capabilities are being added on a frequent and continual basis.

Available to merchant acquirers, ISOs, banks and processors, MCR helps to drive 24/7 incremental revenue from their merchant portfolios.

To learn more about MCR and schedule a demo, please visit, email or telephone 1.855.Get.MCR1.

About My Clear Reports

My Clear Reports is a payments technology provider offering solutions and services to help merchant acquirers, Independent Sales Organizations (ISOs), banks and processors make more money from their merchant portfolios, while increasing merchant satisfaction and retention, and reducing expenses. The Company's executive team has decades of industry experience running payments companies, offering full-service payment processing and merchant rewards. The company is a member of the Electronic Transactions Association (ETA) and is headquartered in Westbury, N.Y., with a West Coast office in Westlake Village, Calif. For more information, please visit

About Exactor

Exactor is revolutionizing sales tax compliance by providing the next-generation, end-to-end solution for secure, reliable, and accurate sales tax record keeping and tax processing. The Exactor solution covers all elements of sales tax compliance, including tax determination; full transaction life cycle tracking for any changes made to a transaction such as credits, product returns or exemptions; providing a comprehensive, verifiable, transactional audit trail; managing exemption certificates; preparing and filing tax returns; and transferring tax proceeds to various tax agencies. Exactor's service introduces to sales tax compliance the same high standards and ease of use typically associated with payroll taxes. Merchants can focus on their sales, while Exactor deals with their taxes. For more information, please visit

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