North American Bancard Agent Program
- Choose a processing company that has an established history. Many new companies have emerged in recent years, and while they may offer seemingly great deals, their lack of overall experience within the industry makes them risky. Because your provider will be such an important part of your business and its potential growth, it’s best to stick with a company with a relatively long and established history
- Choose a merchant account provider that has experience serving the needs of your type of business. This tip is especially important for small and growing businesses, which have vastly different business needs than larger, established corporations
- Look for a merchant account provider that can grow with your business, and offers a wide array of services to suit your business needs today and in the future. Also be sure to choose an account provider that can offer services to support the way in which you want to do business, through a retail store, online, by mail or telephone, or on the road. Many businesses choose companies that can offer package deals, bundling several services for one lower cost.
- Choose a merchant account provider that is known for excellent customer and technical support. Often overlooked by businesses seeking merchant account providers, these two factors are critical to the success of your business. Especially during the early stages of your relationship, you want a merchant account provider that is attentive to your needs and questions, and can walk you through problems or concerns. Because technical problems can interrupt your ability to process payments, you also want to be sure the company you select can provide prompt, courteous service to keep your business up and running.
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.
For anyone with a background in sales or a passion for the merchant services business North American Bancard is the ideal agent program. North American Bancard Agent Program has rolled out the most competitive agent program ever offered to agents in the credit card processing business. Now sales agent receive a $500 upfront bonus right away. This bonus is followed by a true up bonus which is paid 90 days later (See below for more details). The true up bonus pays up to $5000. On top of huge upfront commissions you will receive residual income for the life of each account. With all these incentives you are also able to offer free POS equipment to the merchant
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.
Most business owners spend a large portion of their time trying to identify new ways to boost sales and increase their customer base without going over budget. That’s a pretty tall order, even for businesses with established histories and vast marketing networks. For businesses just starting out, as well as for smaller businesses, meeting that challenge can feel intimidating, if not impossible.
Fortunately, there is one single decision entrepreneurs can make today that will help them compete with larger, more established companies, as well as that competing business just down the block: opening a merchant account.
A merchant account is a special type of account service that allows businesses of every size accept credit cards, debit cards, ATM cards, and even gift cards to pay for the purchase of their goods or services.
Comprising a wide range of technology and services, a merchant account can ensure speedy, accurate processing of these transactions, all at minimal cost to the business owner. In return, businesses that accept credit cards can expect to see increases in their customer base, both by attracting new customers and preventing current customers from migrating to competitors who may already be accepting credit cards as a from of payment.
By automating the payment transaction and collection processes, merchant accounts relieve business owners of the hassle of daily accounting and bookkeeping, allowing all daily transactions to be kept in one centralized location. Keeping sales accounts consolidated and easy to follow is a major bonus for businesses of every size, and can be especially invaluable to entrepreneurs of new or small businesses.
In addition, merchant accounts also offer businesses methods of validating and confirming transactions to prevent fraud. Address verification and other software can help businesses avoid many of the pitfalls associated with accepting credit cards for purchases, especially when purchases are made online or by telephone.
Today, credit card processing companies have expanded to include options for all types of businesses, no matter where sales are made. Account options exist that can be specifically tailored to the unique needs for retail stores, online businesses, and mail order and telephone sales, as well as businesses that want or need to do business on the road using their mobile devices or laptops.
In addition, because their processing services are automated, merchant accounts can allow businesses to accept currencies from around the world, performing conversion from one currency to another seamlessly and accurately, and allowing even small companies to compete globally.
When you decide it’s time to look for a merchant account provider for your business, there are a few tips you can follow to ensure you get the best account and the right services for your business.