High income NorthAmerican Bancard agent program and merchant services business opportunities in the US: Our Cash Discounting program called EDGE / Dual Pricing: Are you tired of ONLY being able to save your merchants an insignificant amount? With our Cash Discounting program called EDGE, which is really ‘Dual Pricing’, you can enable your merchants to literally keep the same amount of money for a non-cash payments as they do for a cash payment. This allows merchants to profit the same no matter how a customer pays. This program greatly increases your profitability on both residuals and the PEAK profitability bonuses. We are talking about SIGNIFICANT benefits for your merchants’ bottom line and HUGE income for you as a credit card processing reseller or ISO of NAB. EXAMPLE: Under the old cost-reduction model, an account processing $50,000 a month might earn our agents a $400 bonus and maybe $100 a month. That same account on our EDGE program is earning our agents about $5,000 in profitability bonus and about $500 a month in residuals. Lead with our Cash Discount program, Edge / Dual Pricing, and earn more than ever before. Read more information at how to become a digital payments agent.
To analyze volumes of customer data, merchants are required to take the painstaking process of securing, storing and minimizing erroneous risks into consideration – all of which are viewed as arduous for businesses of all sizes. Today, technology has revolutionized this process by providing online payment systems capacious to deal with volumes of customer data and details. These systems are equipped with key functionalities for data storage, security and maintaining regulatory compliances when the need arises.
Since 1992 North American Bancard has grown by leaps and bounds. North American Bancard has obtained this success because of its relationships with sales agents, ISOs and reseller partners. Through the years North American Bancard has laid out a simple blueprint to sales success backed by unmatched sales tools and support. Agents that come from other processors will tell you about NAB’s unmatched agent program.
By using the advancements in online payment gateway systems, merchants now have the advantage of localizing their customer’s shopping experience. As a result, the financial institutions and payments companies are fast adopting different emerging technologies to stay in form. In this piece, we explore the ways technological applications are revolutionizing the online payment space. This also includes providing offers and relevant information such as local price conversions based on various consumer’s geo-locations and possibly IP-addresses.
Merchant services in the era of COVID-19? We’re seeing a fundamental shift in the way people pay-cashless transactions are now the norm, and the less contact, the better. As you begin to resume operations, you need to be ready to accept payments the way your customers want to pay, whether it’s via online, mobile, over the phone, or curbside. The right merchant services provider can help you easily implement a flexible, contactless payment solution that meets your customers wherever they are.
Rates and Fees: Usually this is the focus point of any merchant account application and the first question you’ll be asking your provider. Please see Rates & Fees and Interchange Rates Explained for more information. You should know that for all EEA (EU/UK) based companies, doing business within EEA, the EU Commission has lowered the interchange fees down to very low numbers (0.20%-0.30%). On top of interchange fees, the Card Scheme Fee and Acquirer/Provider’s margin are added. The most transparent and »fair« way to be charged for your captured card payments is the interchange++ rate model where you can clearly see a breakdown of exact interchange, CSF and margin. Typical rate is Interchange++1.00%; or 2-3% blended.
North American Bancard offers many bonus opportunities, including: If you board at least 20 new accounts within the first 4 months, you’ll earn a bonus between $75 – $150 per merchant Earn bonuses for each approval or activation. If you choose approval bonuses, you receive $300 for each approved retail account, including card-not-present accounts on the EPX platform. You can also choose a $400 bonus for each activated retail account, including card-not-present accounts on the EPX platform. Earn the bonuses from the Peak Program. Not only will you earn the $400 upfront bonus, but you may also earn a $300 approval bonus, plus 12 x your monthly profitability, up to a maximum of $5,000. See additional information at https://sites.google.com/view/merchant-services-iso-agent/home.
Which Career to Go For? When you are selling merchant accounts, there are different models that you can choose from. You can go for the typical model of trying to reduce the fee paid by merchants in credit card processing. Or, you can also try to eliminate this fee, yes you read it right, you can make it vanish. The latter one is a more attractive career option as there are more chances of earning a decent amount.