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NewProduct
                                                      NewProducts


                                  Custom-fit, on-demand


                               training for payment pros





                                                               Pathway to success
                                                               In describing the program, Karawdra stated that Impact
                                                               Apprentice provides individuals entering the industry with
                                                               knowledge and a clear path to success. "Impact Apprentice
                                                               has a unique design, and it's not a cookie cutter training
                                                               program," she said. "Our staff works with each trainee to
                                                               custom fit their learning path."
              mpact  PaySystem,  a payment processing company,
              launched Impact Apprentice, an online university for   For example, Karawadra has found that merchant onboard-
              merchant  level  salespeople  (MLSs). The  program is   ing can be a frustrating process for new MLSs to learn, and
        I designed to help new entrants and payments indus-    new agents who try to navigate a lengthy client onboarding
        try veterans obtain fundamental knowledge of payment   process can lose interest quickly. "We show them how to
        processing and numerous merchant options in technolo-  streamline onboarding from start to finish in seven easy
        gies, products and services, the company stated.       steps," she said. "We try to capture the excitement by keep-
                                                               ing the process simple as they become more educated with
        Emily Karawadra, chief operating officer at Impact PaySys-  our courses.
        tem, mentioned that Impact Apprentice was exclusively de-
        signed for payment professionals. "We have a combination   Impact Apprentice courses, customized for each trainee,
        of  learning  plans,  but our  most  popular  program  allows   were created to allow users to learn and build at the same
        new talent to begin building their residual base within the   time. Some may just want to be a sales office and never reg-
        first few hours," she said. "The program couples live coach-  ister as an ISO; others may have goals of registering without
        ing by one of our executive team members with our online   a clear approach and understanding of what is involved,
        university, Impact Apprentice."                        Karawadra said. This program is designed to address all
                                                               perspectives with custom-fit programs that align with in-
        Karawadra noted that a top complaint among MLSs is lack   dividuals' unique goals as they build their businesses, she
        of  available  training  programs.  This  motivated  Impact   added.
        PaySystem managers to create an expansive program to
        educate and motivate payments industry newcomers and  Channel partner benefits
        agents who are seeking to get back into merchant services
        after being away from the industry.                    Karawadra pointed out that the company's sales partners
                                                               and sub-ISOs appreciate being able to enroll their MLSs in
        Supporting growth, independence                        the program. Many of our partners were spending hun-
                                                               dreds of hours training new talent without getting a good
        Today's MLSs sell a range of emerging and traditional prod-  ROI, she stated, adding that the company removed this
        ucts and services, Karawadra stated. They need to under-  burden with Impact Apprentice, which allows partners to
        stand the features and benefits of these options and how   recruit and build more efficiently.
        processing works, she stated, adding that the company's
        program is geared toward individuals who want to build   "As ISOs in the industry, our biggest hurdle is training the
        their own business and agent office to later register as an   sales agents that have no industry experience or retraining
        ISO.                                                   agents who started out elsewhere," Karawadra said. "Train-
                                                               ing is a game changer. We offer this training to our ISOs,
        Karawadra went on to say that Impact, like many ISOs,   sub-ISOs, agents and their sales agents to give them a fast
        changed its mindset from being a sales office to being a   start in business."
        company that develops, deploys and understands technolo-
        gy and how it relates to merchant customers. This requires
        an educated sales force that understands its client require-
        ments, she noted.
                                                                           Company: Impact PaySystem
        "We designed our training program to make it accessible to
        anyone with a device and internet," Karawadra said. "Our            Product: Impact Apprentice
        on-demand courses allow trainees to set their own sched-            Website: https://impactapprentice.com/
        ules and learn when it's best for them. Courses range from
        historical industry lessons to the inner workings of front-        Contact: apprentice@impactpays.com
        and back-end processing."
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