North American Bancard agent program guides and merchant services business opportunities with shawmerchantgroup.com? North American Bancard offers quick residuals and commissions payment. You’ll receive payment by the 15th of the next month after onboarding new clients on the EPX platform. There’s also talk about them making the payment turnaround time even faster. Cash Discounting Program Give your clients the gift of our cash discounting program, EDGE, and they’ll earn the same profits on cash and non-cash payments. This increases your profitability as well as you earn more residual and bonuses.
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.
A restaurant deals with a high volume of sales on a daily basis, with most customers paying with debit and credit cares. They will also have a large staff that receives tips. Since cash flow is a necessity, restaurants need quick and easy access to card transaction deposits. On the other hand, healthcare-oriented businesses like dentists, physicians, and veterinarians tend to process a lower volume of transactions, though each sale will be larger on average. In addition to a POS system for in-house credit and debit card transactions, medical offices usually need to process online payments, personal checks, and mobile wallet transactions. Read extra information on North American Bancard Agent Program.
It is no news that technology is fast advancing the world and the anticipated digital revolution is taking its place. In effect, the world has seen an influx of new technologies seeking ways to aid the significant transformation of businesses with less effort. Today, technology is shaping up the payments landscape by providing ways to unite localities globally through better security, faster and efficient communication, data transparency as well as better data analysis.
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. Discover more information on this website.