Transpay Processing offers a variety of valuable partnership programs. Please review the following information to discover how a partnership with Transpay Processing can advance your institution’s goals.
Bank Partnership Program
Transpay Processing launched its bank partnership program to address the changing market requirements of small and mid-sized banks. Over the last four years, we have successfully established ourselves as a business partner to several premier regional financial institutions. The Transpay Processing Bank Partnership Program offers participants flexibility, while providing a competitive offer tailored to each institution’s specific requirements. Transpay Processing offers the following bank partnership options:
General Referral: This program is offered to financial institutions that choose to refer to Transpay Processing new and nontraditional business that does not meet their present credit requirements. Transpay Processing offers a one-time referral fee for approved accounts and a revenue-sharing opportunity on the monthly bankcard volume.
Portfolio Purchase: This program is offered to financial institutions that may not wish to remain in the bankcard merchant business. The program provides revenue to your bank and a reduction in overhead, along with a continued ability to provide merchant bankcard services to your commercial customers. Pricing for this offer depends on the historic performance of the portfolio. To analyze your bankcard portfolio, Transpay Processing requires information such as total processing volume, number of merchants to be acquired, type of merchants in portfolio, fees, discount rates and monthly processing reports. For future referrals, this program offers a one-time fee on approved accounts and revenue sharing on the actual bankcard volume of all new approved merchants.
Conversion: This program has been designed for financial institutions that wish to remain in the merchant processing business, but choose to change their relationship. This program offers revenue sharing on the monthly bankcard volume of the existing merchants that convert. Transpay Processing is positioned to assume all of the portfolioâ€™s risk. There is no application fee or reprogramming fee to your merchants when they are converted. For new referrals, this program offers a one-time fee on approved accounts and shared revenue on the bankcard volume of all new merchants converted.
Transpay Processing offers full service with all of the above programs. This includes assuming or sharing risk, as well as providing on-site sales representation and full training of bank staff.
Transpay Processing continues to expand nationwide with offices in every major market. With this growth, Transpay Processing has gained more recognition and credibility within the industry, thus affording the opportunity to capture the attention and business of national accounts.
National accounts are typically high-volume and/or high-risk merchants that merit a program designed specifically for their business type and profile. These can be retail, restaurant, hotel, mail/telephone order, internet, or audio text merchants.
Transpay Processing’s unique national accounts program has been designed to help corporations implement systems that provide savings in time and costs. Our goal is to provide these merchants with reduced transaction costs, elimination and/or reduction of paperwork, special pricing, customized reporting, multiple location setups and unique equipment offers.
Associations and Franchises
Associations and franchises seeking value-added programs for their members/franchisees will recognize the following benefits from their partnership with Transpay Processing:Associations and franchises seeking value-added programs for their members/franchisees will recognize the following benefits from their partnership with Transpay Processing
- Incremental revenue generated through a royalty program
- Customized program for that industry and association or franchise community
- Enhanced vendor program and association or franchise loyalty
- Our participation in association or franchise special events
- Additional marketing and promotion of the association or franchise
- Improved cash flow
With Transpay Processing’s electronic transaction processing, associations and franchises receive the right Internet solution to do the job and the personal attention and responsiveness their businesses deserve.
With Transpay Processing’s electronic transaction processing, associations and franchises receive the right Internet solution to do the job and the personal attention and responsiveness their businesses deserve.Purchasing Cards
More companies today are authorizing and controlling corporate purchases by placing purchasing cards in the hands of their employees. Increase customer loyalty and achieve preferred supplier status by offering processing capabilities specifically tailored to their corporate needs. Acceptance of purchasing cards provides value-added service to your customers.
The Transpay Processing’s Purchasing Card Program will provide PC transaction software, terminals and/or Internet services with enhanced data capabilities. Or we will upgrade your existing credit card authorization software or terminal(s).