Augusta's Junior Achievement chapter is teaming up with a merchant payment processing company to benefit the nonprofit organization.
Veracity Payment Solutions, which is based in Atlanta but has its operations center in Aiken, will donate a portion of its transaction revenue to the Junior Achievement of Georgia Inc./Augusta District, it announced Thursday.
The organization and business have formed a partnership and established the Achievers Alliance Network, a referral program for local businesses and merchants, said Laurie Cook, Junior Achievement's local executive director.
"The Achievers Alliance Network will give Junior Achievement a consistent revenue source to assist in our ongoing efforts to educate young people in financial literacy, entrepreneurship and work readiness," Ms. Cook said.
Merchants use Veracity to process credit card and debit card payments. The company will donate a portion of its processing fee from Augusta-Aiken merchants that join the network and use Veracity to process such card payments.
Junior Achievement will also receive an additional $40 bonus from Veracity for each merchant activated account.
Junior Achievement could receive more than $10,000 annually from the pilot program, Ms. Cook said.
"Forming a partnership between Junior Achievement and Veracity Payment Solutions is a natural fit given our shared belief in community driven initiatives and our commitment to honesty, integrity and excellence in the markets we serve," said Anthony Walsh, the vice president of business development at Veracity.
Reach Tim Rausch at (706) 823-3352 or firstname.lastname@example.org.