Questions and Answers

1. What is Project Give Back?

Project Give Back is a unique opportunity developed by Priority Payment Systems to help foundations and non-profit organizations in their fundraising efforts. This program offers foundations the ability to generate contributions from their business patrons at no cost to the foundation through a partnership with Priority.

2. How does the program work?

By establishing a partnership with Priority, foundations can receive a percentage of our profits on a monthly, recurring basis for all referred business patrons that select Priority’s payment processing services--providing a new, ongoing stream of donations in support of their mission.

3. What products/services are offered by Priority Payment Systems to businesses?

Priority provides the services and systems that businesses need in order to process payments for all major credit cards, including Visa, MasterCard, American Express and Discover, as well as check payments. Our wide-range of payment options, point-of-sale solutions, and superior customer service standards have helped us become one of the fastest growing processors in the industry.

4. What type of businesses can participate in the program?

Any business that accepts credit cards or checks as a form of payment for their products/services can participate.

5. What does my foundation need to do to participate in the program?

Participation in the program requires just a few simple steps. The first thing we need is your endorsement to offer the Project Give Back program to your patrons. Next, we will build a sales/marketing plan, obtain your approval, and then launch the program.

6. How are patrons contacted regarding the program?

After we receive your approval of the sales/marketing plan, the Foundation’s Project Give Back sales team will call your patrons and provide information on Priority’s payment processing services and Project Give Back. We will outline how businesses can reduce their payment processing costs and improve service levels, while also directing a portion of Priority’s profits to your foundation.

7. Our patron list is confidential. How can we participate in this program and be assured that the patron list will not be utilized for other solicitation purposes.

To ensure complete privacy and confidentiality, Priority will sign a non-disclosure/confidentiality agreement that ensures the patron list will only be used for the Project Give Back program.

8. Who will pay for the marketing/sales efforts? What is the cost of the program?

Priority will develop and pay for all marketing materials and sales activities. We will work with you to customize our promotional materials in order to maximize the impact of Project Give Back for your foundation.

9. When and how often will my foundation receive contributions?

Your foundation will receive contributions on a monthly basis. Priority receives its revenue payments from the major credit cards approximately 15 days after the close of each month. We require about two weeks to process the accounting; therefore, your foundation will receive the donation check approximately 30 days after the close of each month.

10. How long will my foundation receive contributions?

Your foundation will continue to receive contributions for as long as your foundation participates in the program and/or the referred business patrons use Priority for their payment processing services.

11. How will we know which referred patrons are contributing a portion of their services fees to our foundation?

Priority will compile and send you a quarterly report that will provide the total donation amount for each referred/signed business patron. Priority will also give the foundation access to portfolio reporting through our proprietary Merchant Exchange tool. Go to: www.prioritypaymentsystems.com for a demonstration of our Merchant Exchange tool.

12. How much can my foundation expect to receive from this program?

We will contribute a portion of Priority’s profits for all referred, signed patrons. The more referred business patrons that sign with Priority, the more your foundation can receive. Based on the assumption that the foundation’s Project Give Back portfolio would have similar profitability characteristics as Priority’s existing business portfolio, the foundation would receive approximately $1,000 for every $1,000,000 of monthly transaction volume. Please note that actual results will vary for each foundation.

13. Why should our business patrons participate in Project Give Back?

Your business patrons can reduce their payment processing costs and improve their level of service, while also supporting your foundation - at no additional expense. Project Give Back also provides a new solution for businesses that may want to contribute to foundations, but find their philanthropic budgets are limited as a result of today’s challenging economy.

14. Why should our foundation participate?

By participating in this program, your organization can establish a new, no-cost channel - and continual donations for your fundraising efforts, while providing a value to your business patrons. This program also provides an innovative approach for foundations to ensure they continue to receive donations from their business patrons.

Contact Us

TOLL FREE: 866-582-8796
FAX: 866-542-4051
projectgiveback@prioritypaymentsystems.com