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Spotlight Innovatorsators
Spotlight Innov

ounded in 2001 and headquartered in Memphis, Tennessee,
Impact PaySystem made their mark on the payments indus-
try with their Petroleum Services. Impact’s Executive Team
F is composed of industry veterans, with over 75 years’ com-
bined experience implementing creative solutions for their custom-
ers. Through strategic alliances with industry leaders like First Data,
Elavon, and Vantiv, Impact PaySystem is able to design unique solu-
tions for merchants’ individual needs. Product solutions include credit
and debit card processing, PIN secured and signature-based debit,
wireless solutions, gift card, check services, loan products, Click2Don8
proprietary donation product and development services.
Easy CBD and hemp boarding

s laws and regulations evolve, so does business. In fact, a new or changing law can even create an entire
emerging business market. Such is the case with the CBD (Cannabidiol) and Hemp market. Now that the sale
and usage of these products have been legalized in many U.S. states, a major outcropping of new storefronts,
A distributors and licensed growers have emerged. However, like many new markets and product lines that
have yet to establish a stable history, businesses operating within this industry are viewed as higher risk by domestic
payment processors. “Traditionally, this type of merchant is challenged to find a reliable partner for processing, since
they’ve been deemed high risk within the industry,” stated Emily Karawadra, President of Impact PaySystem LLC. “With
few domestic options available, these merchants have to process offshore and deal with authorization issues and high
decline rates, profiled by the card issuers as fraud.”

New domestic offering
Impact PaySystem LLC has taken the lead in securing a domestic processing program for businesses in the CBD and
Hemp industry that enables them to process domestically and forego the process of looking for services offshore. In fact,
by offering the new domestic program to a CBD wholesaler, Impact PaySystem was able to increase that company’s sales
immediately. “The business was having a 27% decline rate on a daily basis,” explained Karawadra. “When we diverted
his volume to our domestic program, his decline rate decreased to under 1%, and this change impacted his company’s
bottom line instantly.” According to Karawadra, prior to adopting Impact PaySystem’s domestic processing solution, this
merchant also had to wait days to see his funds. “We were able to offer next day funding to him, which considerably
helped his cash flow,” she affirmed.

Robust processing solution
Much like they do for other business verticals, Impact PaySystem offers same-day approvals for CBD and hemp industry
clients. They can also accommodate recurring billing or online subscription functions whenever the merchant has a need
for them. Moreover, the list of products that can be supported by the new Impact PaySystem program is extensive. The
list of products that are permitted includes:
• CBD Supplements & Vitamins
• CBD Beauty Products
• CBD Pet Products & Dog Treats
• CBD Isolates & Hemp Oil
• Reoccurring Online Orders
• CBD Vape Oil & Pens (Retail Only)
• CBD Creams & Topicals
• CBD Edibles & Gummies
• CBD Sprays & Pain Relief
• CBD Terpenes & Extracts

Impact PaySystem leaders expect to see this list continually expand as the CBD industry matures and new products
continue to be introduced. “The rise in CBD usage will no doubt increase the development and sale of newly created
CBD products,” said Dee Karawadra, Impact PaySystem’s Chief Executive Officer. “With this new domestic program, our

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