Best rated ISO agent program program and merchant services business opportunities in the US: Excellent Customer Service: North American Bancard provides great customer service, training and technical support for all of our resellers and ISOs’ merchant accounts. You can focus on new business while we take great care of your current customers. North American Bancard will provide you with customizable marketing material where you can add your own contact information. We also offer professional services support when selling our 70+ POS solutions. Find even more details at how to become a digital payments agent.
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.
Top Benefits of North American Bancard’s Agent Program: Lifetime Residual Income. Earn residual income on merchant accounts placed with North American Bancard. Agents have a buy rate of 1.5 cents over interchange. Anything over this is profit and that profit is split 50/50 with North American Bancard. With North American Bancard Agent Program you will receive the most aggressive residual split in the industry. Be careful of other processors that offer a higher residual split.
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.
Make sure you ask about all other fees upfront as well: Fixed transaction fees – are they charged for declined transactions as well, are there any contract cancellation fees, minimum monthly invoice, how much is the setup fee and if it has to be paid upfront, is there any additional annual and monthly fee, how much will you be charged for every statement and bank wire, and very importantly what are the chargeback, retreival and refund fees. You may know that you will get your funds but you also need to know when exactly. Every credit card processing provider and acquiring bank will have different remittance turnaround times. It mainly depends on your risk category and the type of merchant account setup – for example, a direct MID setup where acquirer is paying you directly means less time because there’s no need for funds to reach the Processor company first and then be forwarded to your bank account.
North American Bancard makes it easy to offer your clients affordable pricing. With their flat rate pricing, you can offer simple pricing options to your clients without confusion or hassle. You don’t have to worry about PCI fees, monthly fees, or any other fees you don’t want to add – you are in charge of what you offer. Merchants sometimes need cash fast – they don’t have time to wait for bank approval. North American Bancard owns RapidFuel, a company that helps businesses get cash fast. Some businesses will get approved for up to $500,000 in as little as 3 days. If they get approved, you earn a nice commission. Find additional info on https://sites.google.com/view/merchant-services-iso-agent/home.
Now we learned one way to become a merchant services agent where you can make virtually double of what traditional credit card processing program sellers make. There is another way to further increase your income, and that is by selling or leasing POS terminals. Since the merchants will be eager to work with you because of the cash discount program, they won’t mind buying or renting your company’s POS terminal as well. Paying a few hundred bucks to save credit card processing fees for a lifetime is not a bad deal. However, if any merchant doesn’t want to pay for the machine upfront, you can always lease it to him. You can charge $20-$25 bucks a month, and either share it with the processor or buy the machine and keep the rent to yourself. Now depending on how many machines you can sell or lease, you can get an additional bonus stream of income without putting in much work.