Authorization Fee for Refund Processing
(Refund IRF)
Giving small businesses their authorization fee back could cost up to $50,000 for the whole scheme.
Program overview
Target Audience: Designed to support U.S. small businesses (under 300 employees) in overcoming the economic impacts of inflation.
Maximum Grant Amount: Up to $22,000 per eligible business.​
Form of Relief: Reimbursement of 30% to 86% of credit card processing fees.
Eligibility Requirement: Applicable for businesses experiencing a revenue decline of 25% or more.
Grant Nature (Non-repayable): 100% free grant, no repayment required.
No complex loan applications or credit conditions.
How to apply
STEP 1: Digital Identity Verification
-
Applicants access our Secure Merchant Portal.
-
Complete the business information verification on the system.
-
The system performs anti-fraud checks via a Secure Dual Audit protocol.
Step 2: E-Sign & Digital Vault
-
Businesses electronically sign (e-Sign) to confirm their IRF grant application.
-
Once signed, all documents are securely sealed and stored in our protected Digital Vault.
Application Review Process
Powered by a comprehensive Three-Tier Review System
-
The system automatically verifies basic application criteria.
-
Passing Criteria: Revenue decline ≥ 25%, complete documentation, and a valid application form.
-
Auto-Rejection Triggers: Missing mandatory documents or revenue decline of less than 25%.
Disbursement system
-
Payment Method: ACH Bank Transfer.
-
Disbursement Conditions:
-
The receiving bank account name must strictly match the business owner's name or the registered business entity name.
-
The Bank Routing Number must be successfully validated.
-