What Does IMPAC Stand For?
IMPAC stands for International Merchant Purchase Authorization Card
IMPAC, or International Merchant Purchase Authorization Card, is a specialized financial tool designed to facilitate international transactions for businesses and government entities. This card streamlines the purchasing process by providing a secure method for authorized personnel to make purchases from global suppliers, ensuring compliance with procurement policies and enhancing financial control. IMPAC promotes efficiency in managing travel and operational expenses while minimizing the risks associated with currency exchange and fraud.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym