The American Bar Association Partners with LawPay to Offer Credit Card Processing to Members
The American Bar Association and LawPay introduce new member benefit program offering credit card processing to members.
Chicago, IL – May 8, 2014 – LawPay, the premier payment processor for the legal industry, announced a new partnership with the American Bar Association, one of the world’s largest voluntary professional organizations committed to supporting the legal profession, offering ABA members the ability to accept credit cards.
The American Bar Association and IOLTA Guidelines require attorneys to handle transactions between their trust and operating accounts correctly. With the LawPay program attorneys can accept credit cards with confidence knowing their transactions are handled correctly.
“LawPay is honored to be acknowledged by the ABA as the ‘best in class’ payment provider for their members. The ABA was extremely diligent in evaluating potential benefit providers and we are so pleased they chose LawPay. We are committed to delivering the high standard of service expected from this partnership” says Amy Porter, CEO, LawPay.
Benefits of the LawPay and ABA partnership include eliminating the risk of commingling funds with guaranteed legal protection of trust accounts, reduced processing fees for ABA members, personal account management and service level guarantee, and PCI (Payment Card Industry) compliancy.
It is critical for attorneys to handle credit card transactions between their trust and operating accounts correctly. As a proud new member benefit of the American Bar Association, attorneys can trust their transactions to LawPay. Additionally, ABA members pay no set-up fee if you open an account by May 30th, 2014.
About the American Bar Association
Founded in 1878, the American Bar Association is one of the world’s largest voluntary professional organizations, with nearly 400,00 members and more than 3,500 entities. The ABA is committed to improving and supporting the legal profession with practical resources for legal professionals while improving the administration of justice, accrediting law schools, eliminating bias and enhancing diversity, establishing model ethical codes, and advancing the rule of law throughout the Unites States and around the world. To learn more about the American Bar Association please visit www.americanbar.org
LawPay is a full-service merchant account, online payment gateway provider, and custom card acceptance solution for the legal industry developed to meet the unique requirement of IOLTA guidelines and the American Bar Association professional code of conduct. It is critical for attorneys to handle credit card transactions between their trust and operating accounts correctly. LawPay is designed to correctly separate earned and unearned fees to avoid commingling funds and contractually protects your client funds by restricting the ability of any third-party from debiting money from a Trust or IOLTA account. To learn more about LawPay please visit www.lawpay.com or call 866.376.0950.