WESTBURY, N.Y.--(BUSINESS WIRE)--IRN Payment Systems (IRN), a leader in credit card processing services, today announced The Hope Process, an innovative, cause-based merchant account program that benefits both charitable 501(c)(3) organizations and business alike. Merchants can now support charitable organizations using rebates from the proceeds of credit card processing fees as donations. The Hope Process provides a no-cost, painless and tax-deductible way for businesses across America to support worthy causes — from national organizations like the American Cancer Society and Habitat for Humanity, to local non-profits like churches, schools and clubs. Charities benefit from the steady stream of donations against zero expense.
With The Hope Process, IRN matches current merchant account processing rates for businesses and then rebates 100 percent of its proceeds during the first year of processing. Any 501(c)(3) organization can be designated as an eligible rebate beneficiary, with one or two charities specified by a merchant at any given time. Beneficiary changes may be made quarterly, with the ability to specify up to eight organizations annually. In subsequent years, 25 percent of merchant account proceeds are rebated for charitable donation. Online access to track and monitor donation accruals and disbursements is available. Businesses can advertise their social consciousness with signage if desired, showing customers they are actively making a difference.
IRN provides secure and reliable payment processing services for participants of The Hope Process. Serving tens of thousands of businesses nationwide since 1988, IRN offers a comprehensive suite of payment solutions and point-of-sale equipment to meet virtually any merchant need. Customer service is available around-the-clock, plus merchants have access to Internet and smartphone reporting, tools and additional business services to maximize efficiencies at no additional cost.
“When merchants participate in The Hope Process, we charge exactly the same price they’re already paying for credit card processing services, but every month we give them a rebate which can be donated to the charities of their choice,” states Dino Sgueglia, founder of The Hope Process and IRN Payment Systems. Sgueglia has experienced the difficulties of charitable fundraising firsthand. As the father of an autistic child, he founded the Danny’s Wish Foundation and its iPads for Autism campaign, which spurred creation of The Hope Process program.
“The best part about The Hope Process is that for businesses donating to their favorite charities — it’s a no-brainer. It becomes part of an everyday business function that costs nothing and has a tax benefit,” adds Sgueglia. “It’s truly a win-win situation for both merchants and the charities they support and love.”
Any business wishing to make a difference can become a good corporate citizen with The Hope Process. For more information or to switch your merchant account to The Hope Process today, please telephone +1.800.366.1388 x 275 or visit www.thehopeprocess.com.
About IRN Payment Systems and The Hope Process
IRN Payment Systems (IRN) is a leading provider of credit card processing services, serving tens of thousands of businesses nationwide since 1988. IRN’s executive team has decades of industry experience running payments companies, including affiliate companies Merchant Rewards Network (MRN) and My Clear Reports (MCR). The company is privately held and headquartered in Westbury, N.Y. For more information, please visit www.irnpayment.com.
The Hope Process is an innovative, cause-based merchant account program available from IRN. Businesses can have The Hope Process direct merchant processing fee rebates to the charitable 501(c)(3) organizations of their choice, generating a recurring donation stream for non-profits at no expense. The Hope Process has been featured in the The Green Sheet and the Wall Street Journal, and partners with the New York Islanders in support of the Islanders Children’s Foundation. For more information, please visit www.thehopeprocess.com.