Digital payments agent program advices and merchant services business opportunities 2023: As a North American Bancard ISO, you will have access to our online agent information center called PaymentsHub.com, your resource for real-time merchant status, residual reports, download instructions, marketing tools, equipment information, and more. You’ll have access to your own sales support rep plus an experienced success coach, Jim Soltis, an industry veteran with over 20 years’ experience, plus professional training via videos as well as live webinar training. You will want to join our NAB Partner’s page on social media, where you can get real-time updates, live demos and tips from other resellers. You can ask questions, and read comments from other sales folks. In addition to their other rolls, Jim Soltis, Keith and everyone on the social media page are merchant level sales people just like you, so it is all real-world advice, not messages from an ivory tower. We look forward to you adding your perspective to the conversation. Find additional details on how to become a digital payments agent.
The payments market is not only one of the largest globally but undoubtedly one of the most progressive. With a total $1.9 trillion valuation by 2017 and an expected robust performance in 2019 according to a report by Mckinsey, it is evident that the global payments industry is shaping up to be one of the most powerful. The report indicated the role of technological evolution in this advancement. Not surprisingly, the advent of innovative technologies has played a prominent role in expanding the payments market by developing and refreshing strong payments strategies to give companies in this variation an edge.
With the true up bonus you will get up to $5000 for each merchant account based on the monthly profit. Here is a basic example: if the profit for NAB on an account is an average of $100 you would earn a total amount of $1400 (Average over 3 months of processing). Since North American Bancard already paid an upfront activation bonus of $500 you would be paid an additional $900. Keep in mind this is paid out after 90 days. Also if you’re selling merchant accounts that are not profitable NAB will retract the upfront bonus.
Businesses are turning to advanced payment technologies to efficiently manage their finances and cater to the needs of their clients. As such, catching up with the speed of the current technologically advanced payments market is imperative as a business owner. Here, we discuss some of the ways technology is changing the online payments landscape. Dealing with large volumes of data and payments as an expanding venture can be strenuous and time-consuming. Though many data-driven technologies have found their place within enterprises, data storage and handling are still one challenging part of payments analysis.
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.
Do your Due Dilligence: If you Google »merchant account services«, you’ll most likely be overwhelmed by the results showing all the different providers for accepting card payments, either for ecommerce, MOTO, or High Risk merchants. It is important that you know who are you applying with. First, you need to find out if you’re applying for a Direct MID (merchant account directly with the acquiring bank) or Aggregate MID or Payment Facilitator MID (more merchants share a single MID). Try to get the answers to following questions: Are you working directly with the acquiring bank or a middle-man Payment Service Provider company (PSP)? Where is the provider and acquiring bank based? Are they EU/UK regulated Financial Institution and have their own PCI compliant gateway? Do they already process payments for other businesses in your niche? Can you find any complaints online?
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. Discover more details at https://sites.google.com/view/merchant-services-iso-agent/home.
Most of the agents selling credit card processing will be trying their level best to reduce the fees that businesses pay for each transaction. However, if you come with your zero-fee solution, then who wouldn’t get your services? Every business likes to make as much profit as it can, which is why you will have a better chance of converting the merchants. Besides the merchants, you will be making way more money than you would’ve made when trying to reduce the merchant’s fee. Now you might be thinking, what is this zero-fee merchant services reseller program? Well, why not we explain it to you in detail and show you how it can increase your income.