i3 Commerce Technology™ Named BBB® 2014 Torch Awards for Marketplace Ethics Winner

i3 Commerce Technology was named a winner of the 14th Annual BBB Torch Award for Marketplace Ethics in the Pavilion Ballroom at the Horseshoe Casino, Thursday, October 23. BM2 Freight Services, Inc. of Highland Heights; iSPACE, Inc. of Sharonville and Cincinnati Youth Collaborative of Cincinnati were also named winners.

“Our winners take great pride in ensuring an ethical marketplace where buyers and sellers can trust one another. This honor is earned through an exhaustive self-evaluation. The end result is an extraordinary recognition from their peers and the community,” said Jocile Ehrlich, President and CEO of BBB.

“The Torch Award places i3 Commerce Technology in an elite class of businesses,” said Ryan Rybolt, president of i3 Commerce Technology™. “We were able to accomplish this achievement because our leadership team and business partners put ethics first for employees, customers and suppliers. Our team carries that example and badge of integrity through each day as they approach our current and potential customers.”

Each Torch Award application was carefully reviewed by a third party judging panel for final selection. Only 120 businesses have received the BBB Torch Award for Marketplace Ethics since the program was launched in Cincinnati in 2000. “i3 Commerce Technology™ is proud to be the only electronic payment processor company to be named a Torch Award winner,” added Rybolt. “We’re proud that many of the more than 100 businesses who have been recognized are now our peers and our clients.”

Tom DeBord, CEO, Rybolt and Joff Moine, COO, founded i3 Commerce Technology™ to focus on serving small to mid-size businesses in need of a smarter and more transparent approach to payment processing. i3 Commerce Technology’ processing solutions allow customers and partners to become more competitive and profitable in their respective market. Over the past 10 years, that strategy has created a model for exponential growth and distinguished i3 Commerce Technology™ from all other providers in the payment processing industry.

i3 Commerce Technology™ processes nearly 17.2 million transactions for thousands of customers, representing more than $2 billion in annual credit card processing volume. Through a portfolio of 170 partnerships, i3 Commerce Technology™ saves clients and their members an average of $1,000 yearly in merchant processing fees.

BBB’s mission is to be the leader in advancing marketplace trust. One way BBB does this is by honoring businesses and charities demonstrating a higher level of ethical practices. Applications for the 2015 Torch Awards for Marketplace Ethics will be available in January. More information about Cincinnati BBB and The Center for Ethics at BBB is available by visiting bbb.org.

About i3 Commerce Technology

Ranked as one of Inc. Magazine’s Fastest Growing Companies, i3 Commerce Technology™ was founded on the principles of offering the very best in the latest payment technology and industry expertise through an expansive network of representatives. Payment processing solutions include retail, commercial and purchasing cards, mobile and online processing. i3 Commerce Technology™ supports integration with nearly all ERP and POS systems, smartphone platforms and e-commerce and shopping cart providers.

About BBB

For more than 100 years, Better Business Bureau has been helping consumers find businesses, brands and charities they can trust. In 2013, consumers turned to BBB more than 132 million times for BBB Business Reviews on more than 4.5 million businesses and Charity Reports on 11,000 charities, all available for free at bbb.org. BBB Serving Cincinnati, Northern Kentucky and portions of Indiana, founded in 1926 and serving 20 counties, is one of 112 local, independent BBBs across North America.