Dharma Merchant Services

Merchant Services - Credit Card Acceptance Accounts

San Francisco, California

United States

dharmams.com

About Dharma Merchant Services

Dharma Merchant Services is a socially responsible and green certified provider of credit card processing accounts to small and midsized businesses throughout the US. As our name implies, we provide these critical payment services in the spirit of right intention, right conduct, and right actions. Merchants that operate in any environment - bricks and mortar, web based ecommerce, and even mobile merchants - can benefit from our unique program of fair and competitive pricing, full disclosure, and caring support - with a no term obligation commitment.

We think that the B Corporation tag line says it very well - "the change we seek". Kudos to the founders and early adopters who recognized that business and industry are also part of the interconnectedness of all things that plays a crucial role in developing and fostering the further understanding of its stewardship responsibility. At dharma Merchant Services we feel it is the "right" thing to do.

Being green and socially responsible doesn't give us an excuse to be expensive. We offer the most fair, cost-effective pricing available in the industry. Our stance on fees is that we do not charge a fee if there is no associated cost. By taking this stance, we do not charge many of the fees that have become standard on merchant accounts. This allows us to be competitive, to operate with full disclosure, and to offer a win-win partnership.

The Change We Seek®

Our mission is to provide excellent service while showing respect and compassion for our environment, our communities, our customers and ourselves. Dharma MS's mission is not unique to the B Corporations' sustainability model, but is certainly an anomaly in the card processing industry.

• Our intent is to find ways to step lightly on the planet by the prudent use of resources as well as by working with like minded companies throughout our vendor supply chain. Internally, our company uses earth-friendly and recycled office products and sustainable energy sources. Externally, we choose to interface with companies that share the same care for the environment. For example, our web hosting company is 100% solar-powered.

• As a socially-responsible business, Dharma Merchant Services donates 10% of gross profits from each customer to a charity of the customer's choose.

What makes us a better company?

B Impact Report

Certified since: 

August 2008
Summary:

Company Score

Median Score*

Environment

Environment

The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.

10
7
Workers

Workers

The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.

33
18
Customers

Customers

The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).

2
N/A
Community

Community

The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.

46
17
Governance

Governance

The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

15
6
Overall B Score
107
55

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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Company Highlights: 

Environment: >75% recycled office supplies; >50% of carbon inventory offset; >5% renewable energy

Community: >40% of expenditures directed toward local suppliers; >25% of suppliers located in low-income communities; >10% of net profits given to charitable organizations

Miscellany: 

Products

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Blog

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