AV-Tech Electronics, INC
Background
This growing local business services municipalities and other corporate clients. Their accountant noticed how high their processing fees were and referred them to us. We were ecstatic to save them over 50% on fees.
They couldn’t believe the savings until we reviewed the breakdown with them. They’ve been customers for over six years and are still reaping the benefits of the same locked‑in rates.
Why They Needed Us
- Paying on average 6.87% in fees.
- Thought they were being taken care of by their current bank.
Our Impact
- Reduced fees to 3%, over half their fee with the bank.
- Upgraded their machines and back office, streamlining processes and cash flow.
How Did We Do It?
The large banks charge big bucks and offer payments as an added resource, not a specialty. Their tellers simply assign a set rate and can’t customize it for your business.
We reviewed the types of cards they were running and implemented our proprietary Automated Level III system that saves businesses processing corporate and business cards an extra 15% compared with the big banks. On top of that we reduced their mark‑up by an additional 40%, cutting their fees by more than half.
Impact Payments is here to support every business! Unlock your true potential and make a success story of your own!