Top ISO agent program program and merchant services jobs 2023: 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 info at how to become a digital payments expert.
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.
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.
Every merchant can agree that customer experience is a key factor in the expansion of any business. However, one of the identifiable points in brand abandonment by customers that employ online payments methods is the risk of frauds and other forms of breaches. With technological advancements at their peak, it is getting increasingly difficult to keep out unwanted hands from businesses. One of the advantages of electronic payment system enabled by innovative technologies such as Blockchain technology is the ability to track customer’s behavior and flag anomalies through transparency and data tracking.
What’s the role of a merchant service provider? Merchant service providers act as an intermediary to streamline and secure the payment process between businesses and their customers. Money can come from multiple sources, including debit and credit card payments, bank transfers, and online payment gateways, but a business deals with one channel to ultimately receive their money: the merchant service provider.
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?
The North American Merchant Services Agent Program offers the features you’d find with any large merchant’s services provider. They offer both eCommerce and retail programs, but their bread and butter is the retail program. North American Bancard provides free equipment with both chip and NFC-payment options. The ‘free’ component of the program, however, usually comes with strings, as it would anywhere else. Pay close attention to your contract to see what it means, such as free as long as you keep your services with North American or free as long as you sign a terminal lease. Discover even more details on https://sites.google.com/view/merchant-services-iso-agent/home.
Now another potential problem that can arise is the availability of a cash discounting program since not every processor offers this benefit. So for that, we suggest that you explore the North American Bancard merchant services reseller program as it offers the best cash discount programs. They also have various bonuses that will further help you maximize your earnings. The key to becoming successful selling merchant accounts is knowing how to sell and have good profit for every sale. You can only sell well if you have an unbeatable offer up your sleeve, and nobody can beat the zero-fee solution unless they pay the merchant from their pockets.