NorthAmerican Bancard agent program tips and merchant services business opportunities US: Complete Medical Benefits Plan: The first program of its kind in the industry, because we don’t just care about profits we care about your well-being. You pick the plan that works for you. We reimburse 50 percent up to $300 for all reseller and ISOs with at least 30 active merchants in any month where they onboard at least 10 new accounts. You can easily generate apply links from customized application templates which you can send to prospects by email, text, or post to a website or landing page. Our new online merchant applications are completely customizable, easy to use and COMPLETELY online including the Verid (verification of identity). No signatures, no mailing, no faxing applications! Absolutely no paperwork required when using this means of submitting an order in most cases. Of course, we can still take applications the old way, paper and pen, if you prefer. Discover more information at how to become a digital payments expert.
With the power wielded by technology, merchants now have the ability to track down decline rates data for instance, which leads them to fashioning newer rules for better card acceptance rates and lower transaction costs. Online payment systems even offer various additional features, such as enabling users to customize items on their store, to provide a better shopping experience to their customers.
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.
As a result, the place of digital transactions in businesses is now highly rated as the advent of online payment methods have been noted to breed better customer-merchants relationships and ultimately, better customer experiences. This is why – as a business owner aimed at staying ahead in the competitive business world – it is important to interact with the power wielded by innovative technologies.
Merchant services go beyond payment processing. Payment processing is the backbone of merchant services, encompassing the entire process of transferring payment from buyer to seller. This includes the payment device (the POS system), the payment software, the security software that protects the transaction data the payment record, and the transaction itself. Merchant services go beyond just debit and credit card transactions.
Integration: For any ecommerce business the shopping cart is the most important piece of the puzzle. So you probably aren’t willing to change the software and you want to ask the provider how will you be able to integrate with their payment gateway. Many providers will have pre-made plugin modules for the popular shopping cart applications, ask them if they have one for yours because this means you can be integrated with a click of a button. Alternatively if there’s no plugin available every provider will give you their gateway integration API guide. You’ll then need a help from a moderately skilled developer in order to integrate your website with the API. Good to know – outsourcing such job normally costs around 200-500 EUR.
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. Read additional information at https://sites.google.com/view/merchant-services-iso-agent/home.
This advantage of the zero-fee solution is not just limited to the merchants, as an agent, you can increase the fee charged on each transaction and increase your profit. Since the merchant is not paying it from his pocket, there shouldn’t be any problem in paying it. Let’s take an example of how it will work. As you probably know, when you become a merchant services agent, you split the profit that the company receives after processing a transaction. Now the industry average of this ‘split’ between you and the company is around 50%. So if the company charges a 2% fee on each transaction, then let’s suppose on a transaction of $5, it gets $0.1. Now minus the interchange fee of $0.03, it becomes $0.07. The 50% split will be $0.035.