Credit Card Processing Generates Diversity Credits for More Businesses

BankCard Central, a leader in payment processing, is continually growing their partnerships to add value to their customer relationships. Because BankCard Central puts the needs of their diverse client base and customers first, they have teamed up with The Primus Group.

The Primus Group is an exceptional organization that has seven of the eight federal diversity credit qualifications. In doing business with BankCard Central and The Primus Group, a merchant can now take advantage of this qualification and unique relationship.

What does diversity mean for my business?

Most companies that do business with federal agencies, military, and state and local agencies are obligated to spend a percentage of the value of those sales to government entities with small and disadvantaged businesses. Sometimes, it is a struggle to find competent, qualified companies to help meet this need. By using The Primus Group to handle payment processing, a company can claim credit for utilizing a diversity company for the full value of the service provided in six of the seven required federal designations (HUBZone, SDVOSB, VOSB, SDB, WOSB, and MBE). Contractors and suppliers to The Department of Defense are even able to receive a 5% rebate for the processing cost for payments received from the DOD.

What types of businesses can receive diversity credits?

All companies doing business with The Primus Group will automatically receive full value of the transaction in each diversity category. The Primus Group is a HUBZone, Service Disabled Veteran, Native American owned, Woman owned DBE/MBE/WBE certified small business.

What are the requirements to earn diversity credits?

The only requirement to earn diversity credits is to do business with a diversity based company. This can take virtually any form, and the credits do not need to be related to the government contract requiring them.

“Partnering with BCC has definitely solidified our relationship with many corporate clients. Meeting diversity spend goals is a major issue for corporate America. Through our partnership with BankCard Central, we are able to contribute to those goals at no cost to the client.” - Primus SVP Todd Betlejewski.

“This relationship is one of our latest innovations in partner development and illustrates our ongoing commitment in responding to the changing payments environment.” - Matt Hynes, Vice President of Sales, BankCard Central.

“Because of the BankCard Central/Primus Group relationship, I have had a lot of success in helping both large and small businesses achieve their diversity credits. BankCard Central and The Primus Group have streamlined a well thought out system so that government agencies and businesses can not only bridge together to do business, but also fulfill a much needed diversity credit market.” - Vice President of RCS, Inc., Henry LoConti, Jr., ISO for BankCard Central.

“BankCard Central along with The Primus Group, makes payment transactions fast, easy and secure for merchants, financial institutions and their clients.” - Colby Fox, President of NAPA, Inc.