Detailed ISO agent program program and merchant services business opportunities today: We have an API, which means that 3rd party POS solutions can get certified to work with us, which allows you, as an ISO or reseller of our merchant account services, to sell their POS solutions to your merchants. We have 70+ higher end POS solutions certified and ready for you to sell. We are constantly adding more. With us, you can always find the right technology for your customers. You generate the lead, they do all the technical work, you get all the commission on the POS and you board the merchants accounts as if you had sold it all yourself. This is a definitely a game changer allowing you to add huge value to any business without knowing very much at all about the different solutions. See more details on Digital payments agent.
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.
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.
With the power wielded by technology, merchants now have the ability to track down decline rates data for instance, which leads them to fashioning newer rules for better card acceptance rates and lower transaction costs. Online payment systems even offer various additional features, such as enabling users to customize items on their store, to provide a better shopping experience to their customers.
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.
Typical payout terms you can expect are either daily or weekly, with 1-7 day delay time for each. In many cases a daily payout with very short delay will be granted only if you are assessed as low-risk, or most usually after you spend processing with the provider for couple of months and have enough volume to support that. Contract Terms and Periods: Don’t be surprised when you’ll see that every provider wants to impose a Rolling Reserve to your account. This is a standard measure to lower the risk exposure of provider in case of excessive chargebacks or refunds. Typical Rolling Reserve is between 3-10% for the period of 90 or 180 days. As with payout terms, keep in mind this can be negotiated, especially after your company spends couple of months processing payments with the provider.
The North American Bancard Agent Program caters to the retail sector, but they have payment gateway options for eCommerce businesses too. In fact, they offer access to 7 different payment gateways including Velocity, Authorize.net, and USA Pay. They have solutions for all types of eCommerce merchants and provide online reporting, billing options, and even multi-currency options. See even more information at https://sites.google.com/view/merchant-services-iso-agent/home.
What is Zero-Fee or Cash Discounting Solution? Also known as the cash discounting program, the zero-fee solution works wonders for both agents and merchants. With this method, you will offset any fee paid by the merchants on to their customers. Since the fee is usually in cents, each individual customer won’t mind paying it as they are using the credit card facility. However, if the merchant pays this fee on every transaction, then it can accumulate up to hundreds of dollars on a monthly basis.