Detailed NorthAmerican Bancard agent program and merchant services business opportunities by North American bancard? Offer merchants the latest trend in merchant services, the cash discount program. Earn even more residual and eliminate all cost for the merchant. With the revolutionary EDGE Cash Discount Program merchants can now offer their customers a discount for using cash. Using this program as a sales tool has proven to make sales agents portfolio grow exponentially. NAB provides agents with a free website as a tool for generating leads online. This gives your agent office a clean and professional look and feel. This will make you confident in your online presents with North American Bancard.
Rates and Fees: Usually this is the focus point of any merchant account application and the first question you’ll be asking your provider. Please see Rates & Fees and Interchange Rates Explained for more information. You should know that for all EEA (EU/UK) based companies, doing business within EEA, the EU Commission has lowered the interchange fees down to very low numbers (0.20%-0.30%). On top of interchange fees, the Card Scheme Fee and Acquirer/Provider’s margin are added. The most transparent and »fair« way to be charged for your captured card payments is the interchange++ rate model where you can clearly see a breakdown of exact interchange, CSF and margin. Typical rate is Interchange++1.00%; or 2-3% blended.
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. See extra information on Become a merchant services agent.
The ability to identify customer’s payment behavior through IP address tracking and review any abnormalities in the system is one of the perks of the input of technology in online payments. Today, customers and merchants are now protected from various security breaches like hacks and fraud through fast detection by these advanced automated systems. Ultimately, data transparency is essential in ensuring better profit maximization and conversion rates. The ability to customize payments protocols to track down fraudulent schemes and locations is important for better conversion and revenue generations.
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.
Since we are discussing the career of selling merchant accounts, it is imperative that you know the kind of businesses you can easily target by leveraging the power of the cash discount program. Virtually all types of businesses will be happy to work with you if they are currently paying fees for credit card transactions from their own pockets. We summarized all types of businesses you can target in three categories. These are the businesses that purely sell physical goods like a gift shop or a grocery store. These businesses also process a massive amount of credit card transactions every month and likely pay hundreds of dollars in fees. Read extra info at https://www.northamericanbancard.pro/.