Merchant Services Partner Program: Credit Card Processing Partnerships

Do you want to become a merchant services agent but don’t
know which program to join? Well, then we can help you find one. We understand
that you will have various questions in your mind, like do I really need to
work with the best merchant services partner program? Or, what are the benefits that
a good merchant services partnerships program can offer?
We will answer all of these queries and will also suggest
the leading merchant services reseller program so you can kick start your
career and make a decent income. With that said, let’s get started:
Is It
Really Necessary to Work with the Best Merchant Sales Partner Program?
Yes, it is extremely crucial that you have the top merchant services reseller program working with you. There are many logical arguments
that we can make here but to keep things short, we will only make three
arguments, let’s see them below:
·
Merchant
Satisfaction: You do not want to work with credit card processing agent programs with bad reviews from merchants. Because if their existing
merchants are not satisfied, you won’t really be able to make a good amount of
sales. And since you will be completely dependent upon the income coming from
the number of merchants you sign up, working with a company having high
merchant satisfaction is crucial.
·
Agent
Convenience: Besides the merchants, the agent (you) need to get a high
level of convenience and flexibility from the merchant services reseller
program. If a processor has rigid policies like minimum monthly sales cap for
earning money from existing residuals, poor customer support, or very meager
bonuses, then you won’t really be able to earn a good living.
·
Proper
Regulation: This is another very important factor to know. There
will be many so-called merchant services partner programs that will claim to be
connected with proper regulatory banks, but in reality, they really won’t. This
will reflect when you set up a merchant’s account, and their customers return
because of a limited number of regulators accepting transactions.
Now you know why it is absolutely crucial that you have
merchant services partnerships with the top of the line processors so that both
you and your merchants have a satisfactory experience.
So Which
Program is the Cream of the Crop in the Industry?
When it comes to working with a top-class merchant services
reseller program, your best bet is to work with the North American Bancard Agent Program. Not only are they one of the big guys in the industry, but their
policies are specifically made to benefit both the merchants and their agents. NAB
has been crushing it as a credit card processing agent program for nearly three
decades now.
They have been working with both big and small merchants
across the United States, and many prefer to work with them because of their
unique cash discounting program (more on this later). Plus, they are backed by
well-reputed regulators like the Bancorp Bank, BMO Harris, and Wells Fargo
bank, so you know there won’t be problems with card processing later on.
There are tons of benefits of working with them, ranging
from excellent income opportunities in both residuals and bonuses to top-notch
customer support. Let’s see some of the unique selling points of the North American Bancard ISO Program.
What Are
the Benefits of Joining the North American Bancard Agent Program?
·
Lifetime
Residual Income: When you become a merchant services agent of
NAB, you will be getting up to 70% of the residual income depending on the
structure you go with. And on top of all, you will be earning from the
merchants you sign up for as long as they are doing business or working with
NAB. This is HUGE because after reaching a certain number of merchants, you
will be least bothered by paying monthly bills and will be able to focus on
scaling your business. Plus, the merchants you bring will be yours even if you
make low sales in any month; there are no minimum sales requirements.
·
Unmatched
Bonuses: Bonuses are what the layer of cheese is for pizza;
they double the fun! When you are working with Nab, you will receive
performance-based bonuses, and their sign up bonus can go up to $20,000. So the
more sales you bring, the more you earn besides your promised residual income.
Furthermore, they also have a 14x profitability bonus, which means the income
for your first month after signing up will be multiplied by 14, and that will
be your first month’s performance bonus.
·
Excellent
Customer Support: North American Bancard Agent Program offers
top-notch customer support, plus they also have marketing teams that will
assist you in closing a specific sale if you need some help. They think of
their agents as their assets, and that is what makes them great. So unlike
other programs where the agents face issues like not being able to reach the
customer support if the merchant is having a technical issue, NAB won’t abandon
you in these sensitive times.
·
Various
Freebies to Hook the Merchants: The most important part of getting a
merchant to sign up is the initial pitch you make. If you cannot offer them true value, then you won’t be able to
close the sale. So to make your pitch a juicy one, NAB offers free POS
equipment to the merchants that sign up with them. This is pretty sweet as the
terminal can cost a lot, and knowing that they’ll get it for free will
certainly turn their ears towards you. Then there are also things like free
signage that can be put outside the shop or near the counter that tell people
about the availability credit card processing facility.
·
Cutting
Edge Technology: North American Bancard agent program only uses the
most advanced solutions to help its agents rise above the competition. They
have solutions for virtually all kinds of processing ranging from credit cards,
debit cards, ACH payments, reward cards, gift cards to mobile payments, and
more. Furthermore, their equipment like POS terminals are equipped with
advanced software that offers excellent UX and UI, allowing the merchant to
process payments with an easy.
·
Cash
Discounting Program: This is the most appealing offer that you can
make to a merchant. Cash discounting means that the merchant won’t have to pay
any credit card processing fee. The POS terminal will be programmed in a way
that the fee will automatically be charged from the customer instead of the
merchant. The free signage provided by NAB will let the customers know about
this fee, so there will be no surprises at the end. This will save hundreds of
dollars in fees that every merchant will prefer.
·
Miscellaneous
Benefits: There are many more benefits like a free landing page
for merchant services lead generation, which otherwise would cost you hundreds of dollars to
make. There are also ample learning resources offered by the NAB, allowing you to
stay on top of your sales game. Plus, you will have access to an advanced ISO sales partner portal where you can track your sales, residuals, and even see things
like the transactions made by your merchants. Lastly, they offer mobile payment
terminals as well, so if a customer wants to pay via mobile phone that can be
facilitated too.
Why Work
With Merchant Sales Partnerships When I Can Open My Own Company?
This is a valid question, and everyone has the right to
think of ways to increase their profits. However, do you have a huge chunk of
money to pay to the banks you will be working with directly? The credit card processing agent programs like NAB are directly connected with banks that
process the transactions. And to keep working with these banks, they pay a hefty
sum of money to them per year, which can be $10k or more.
Now since you are just taking your first step, you might not
have this much money lying around. And then there is the issue of having a
robust infrastructure with a customer support team to help out your merchants.
Plus, you will also need to get your own POS terminals and
other technologies to better facilitate the merchants. All of these things will
require tons of money, which is why it is better if you work under the shadow
of behemoths like NAB and just focus on increasing your income.
Over to
You:
There are several merchant processing service providers in
the industry and some offer great programs too. But the combination of ample
technological resources, leaning material and excellent income opportunities
that NAB offers are hardly provided by other merchant services partnerships.
Therefore, we suggest that you start learning more about the
North American Bancard agent program and when you are fully satisfied with
their policies, join their network and start printing money.