Rock Ventures, the Quicken Loans family of companies and International Bancard have partnered to create a card processing venture named Rock Processing in downtown Detroit.
The new company will provide credit card, debit card, and automated clearing house (ACH) services along with client service and competitive pricing for clients.
Rock Processing will benefit its clients with real-time transaction reporting, $100,000 in data breach protection, dedicated service consultants and quick clearing of funds into bank accounts.
In addition to Quicken Loans, the firm provides processing services to Fathead, Bedrock Real Estate Services and the paperless ticketing platform Veritix, apart from serving several other NBA teams, the NFL’s Detroit Lions, the NCAA, and many others.
Bedrock Real Estate vice president of leasing and development Dan Mullen said: "Rock Processing, in partnership with International Bancard, offers better, more technologically advanced methods of processing credit cards.
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By GlobalData"This new partnership will service our Bedrock Real Estate tenants, and any other business with credit card processing needs."