Dec. 6, 2012
-- Memphis, TN — December 7th, 2012 —
Impact PaySystem LLC, today announced the introduction of 1Rate. 1Rate is a flat rate credit card processing price. 1Rate is designed to allow merchants to accept credit cards at a single rate. The 1Rate eliminates the more complex rate structures in addition to the recurring monthly fees, such as statement, PCI, and compliance fees.1EasyRate.com
Merchants can now simply go to 1easyrate.com and calculate their effective rate to see what their 1Rate will be. The calculator gives an instant “apples to apples” comparison. “This provides an excellent way for the merchant to see if they are paying a fair price or, in fact, being overcharged”
, said Dee Karawadra President and CEO of Impact PaySystem. “Credit card processing is complicated, with so many moving parts. 1Rate will make it easy for the merchant to understand and rapidly reconcile their statement”, added Karawadra
The 1Rate will be determined based on the volume and the total number of transactions. Impact PaySystem will not charge any additional fees other than the standard PIN Debit and ancillary fees such as Chargebacks/
Retrieval, Voice Authorization, AVS, and American Express transaction fees. About Impact PaySystem LLC
Since 2001, Impact PaySystem has been a leading provider of payment processing technologies and services to thousands of merchants throughout the United States. Impact PaySystem is based out of Cordova, TN.