Benefits of Merchant Services Sales Jobs

When it comes to merchant services sales jobs, there is a lot to love. This is the reason that it is such a popular industry. Merchant services has long been one of the most lucrative and enjoyable fields, but that doesn’t mean it has its drawbacks. For most people, the risk is well worth it to enjoy the benefits that often come along with working in merchant services sales jobs. Here are some of the many benefits that you can enjoy when you choose a career in merchant services sales and use our free tools to find your next merchant services sales job.

Income

One of the greatest benefits of being in merchant services sales is that the income potential is basically unlimited. If you want the benefit of working in a field where your only income limiting factor is how hard you are willing to work, then this is the field for you. In merchant services sales, you are generally paid out on a commission basis. This means that for every sale you make, there is money involved for you. If you are looking for a field where your income can reach sky-high limits, then merchant services sales could be the ideal landing place for you.

Flexibility

Another amazing benefit of working in merchant services sales is the flexibility that this career often allows those that are in it. When you work in merchant services sales, you generally work for your own company or as a contract employee. This means that you are generally able to set your own schedule and enjoy the benefits of a great career while also getting a work-home balance that you’ve always wanted. It is the ideal solution or anyone that values flexibility highly in their work-home life.

Work Life

When you work in merchant services sales, you work for yourself. This means that not only do you have a lot of schedule flexibility, but also that your work life is more pleasant and geared towards how you actually want to spend your day. Instead of being beholden to a supervisor, set schedule, and set of rules that you don’t want to follow, you will be free to run your merchant services business as you please to provide you with a much more pleasant work life.

Rewarding

For some people, it is very important that they feel happy and fulfilled in their career with merchant services sales. In the case of this career field, it is pretty easy to achieve that sense of fulfillment. As a merchant services representative, it will be your job to work with small and medium-sized business wonders to find the solutions to the problems that are holding them back when it comes to payment processing. Through your work, you will be able to help small businesses operate more efficiently and improve their business. This bolsters the economy and helps the backbone of the economy all while providing you with a lucrative and rewarding career.

Finding Merchant Services Sales Jobs

To enjoy all the benefits of merchant services sales jobs, you first need to know exactly what to look for when partnering with a merchant services company to offer their services to your clients. This brief list of the main factors in finding a merchant services sales job with a company that will help you to succeed will give you some of the most important factors to look for in a merchant services company.

Area

Though many merchant services sales reps can work remotely from just about any location, it is still important to consider where your merchant services company is located. Much of this will depend on whether any in-office work is required and what travel is required. If you can work completely remote with the company that you have chosen, then this is not much of a concern at all. You can easily find which area your company has offices in simply by asking.

Reputation

These days, it is easier than ever to learn more about a company and the reputation that they have in the industry. Simply do some online research to determine what others have to say about the company and whether they consider the company to be a good partner to their agents.

Customer Support

One of the most important aspects in getting and keeping merchant services clients is the ability to provide them with high-quality and responsive customer support. Typically, this is the responsibility of the company that you have partnered with to offer the merchant services. Therefore, one of the first priorities that you should have when assessing merchant services companies to work for is their reputation and quality of the customer support.

Payout & Commission

Another factor that you should evaluate when choosing the next merchant services sales job for you is the payout and commission. It is important to select a merchant services sales job that has a high commission structure and is well-known for paying accurately and on-time. It’s important to make sure that they have a trusted payout structure in place so you can ensure you are paid for your efforts.

Our Merchant Services Sales Jobs

If you’re looking for the best merchant services sales jobs that fit this criteria, then you are in the right place. We provide merchant services sales jobs lists and other resources that help you to find an amazing career.

Become a payment service provider today and take your business to the next level. If you are a sales-oriented individual with vast experience in the world of payment processing or you are a driven and motivated professional looking for a new challenge, the SMG ISO agent program might be a great fit for you. With the highest paying commission structure in the industry, superior products, and sales support, our program will see to it that you are rewarded for your efforts.

For anyone with a sales background or a passion for the payments industry, SMG is the ideal partnership. There are dozens of reasons to become a sales partner with Shaw Merchant Group, but don’t just take our word for it. Here are some of the top reasons that we were given when we asked our ISO agent participants why they chose us and why they continue to work with our highly lucrative program.

Sales Partner Portal

With our industry leading partner portal, you’ll have access to online enrollment, training sessions, marketing materials, and you’ll always be ahead of the game with the latest news and promotions.

Alerts

Stay up-to-date on merchant issues and their resolutions via automated emails and text messages that include a detailed ticket number describing what the merchant’s concern was and how it was resolved.

Registered DBA (White Label)

With our program, you’ll be able to market under your own brand, without paying costly fees! Your brand will be seen on the partner portal, marketing communications, merchant statements, and more.

Free Equipment for Your Merchants

Selling businesses on a new processing plan is much easier when you are able to effortlessly jump over the hurdle of the cost of the equipment. With this program, you can offer your clients free equipment that they will need for their processing provider change. This lowers the barrier to switching and creates a higher conversion rate for you.

Lifetime Passive Income

You will recieve 50–70% of residual income based on the pay structure you select. You will share income on every available revenue stream. With SMG, you get a True Interchange Revenue Split. Unlike other ISO agent programs, there is no basis points off the top for BIN sponsorship or for what they call hidden losses. Our sales partners earn more residual income with our 50/50 partner program than you would with our competition who claim to offer a higher percentage because thier interchange cost (buy rate) is higher.

$20K Performance Bonus

We offer a performance-based fast start bonus that is payable for anyone that onboards more than the standard threshold of clients in the first 4 months. This program is designed to reward those experienced sales members that join our team and quickly learn how to sell this product. The bonus can reach up to $20,000, making it one of the most lucrative and competitive in the industry.

Profitability Based Bonuses

We will look at how much profit is generated on the account after they have been processing for one month and you earn 14 times of the total profit. Example: If we retain $100 in residuals in that month, the bonus would be 14 x $100 or $1,400. You would have already been paid $600, so we would pay you an additional $800 on that account. This bonus is capped at a max of $10,000 per merchant per location. With our dual pricing program it is easier than ever to earn huge bonuses with a 14x profitability bonus. This dual pricing model enables you to maximize your bonus at $10,000 on almost every merchant processing over $90k.

Dual Pricing Program

When you are selling merchant services, one of the best assets of any partner program is more rewards and incentive programs that save your client money. The Edge dual pricing program is one of the hottest new commodities in credit card processing, as it is designed to save the client thousands of dollars in credit card processing cost, instead passing on the fee to the consumer in a way that isn’t damaging to their own conversion rate and revenue. We offer this program to our clients and make it easy to understand and present for our sales partners.

Medical Benefits

With some sales jobs, you don’t even have the option for medical coverage. With the SMG ISO agent program, you’ll have the resources that you need to provide healthcare coverage to you and your family at an affordable rate. We take care of our own, and when you are in our program you will have access to these benefits.

Grow Your Merchant Services ISO with White-Label Payment Solutions

As an independent sales organization (ISO), you can upgrade your business by providing merchant processing services under your own brand. You may dismiss the idea at first, probably thinking that you don’t have the infrastructure or expertise to set up your own payment processing company. However, with white label payment processing, all you really need is a good ISO partner.

How a White Label ISO Program Works

To offer payment processing services under your own brand, your ISO partner will provide you with an online application page that doesn’t identify their company. This “white label” solution is ready for your brand and includes your logo, colors, and contact information, so your merchants only identify the payment solutions with your company. It eliminates any confusion among your merchant customers about who their service provider and primary contact should be. Your brand is the only thing the merchant will see on your website, merchant portal, and marketing materials. 

Your payments ISO partner becomes a silent partner, providing technology, payments functionality, and services. This puts you in more control, allowing you to deliver seamless, consistent customer experiences in all interactions – and enhance your brand’s reputation. With this white label payment solution, you won’t need to overcome negative perceptions a prospect may have about the company your working with. This is because you are creating a unique customer experience. Better still, you don't have to fall in line with another company's existing customer experience. 

Once you start providing white label payment services, you will also find that you build stronger, longer lasting relationships with your merchants. They'll begin to view you as a payments expert and an expert in the other solutions you provide. You may even find you are able to grow your customer base, as merchants in every vertical or niche can benefit from accepting payments, enabling you to market to more types of businesses.

Remember: white label payment processing enables you to earn huge residual income.

Our White Label Program Will Save You Thousands in Fees

Put your brand on merchant statements and applications — build your brand with your sub-agents and merchants. Full white label payment solution with your logo and branding on applications, statements, online enrollment, merchant and partner portals.

We at Shaw Merchant Group have an awesome white label solution. There is no huge package of documents for you to fill out, no approval process by Visa and Mastercard and the sponsor banks, and best of all no annual dues. Here are some details on the “White Label ISO” program:

• Roughly 4–5 weeks to fully set up once we get the signed license document back.
• Executed addendum from you saying it’s OK for us to use your brand too.
• This program can run on our standard schedule A’s with bonus and free equipment and has no other obligations. from you other than the standard agent agreement.
• When we set up the DBA you will have access to EPX/BMO Harris for submitting merchants under your brand.

What do we brand?

• Paper Applications
• Online Applications (Simplified Enrollment)
• Partner.PaymentsHub for your back office.
• PaymentsHub for your merchants — It’s generic when your merchant logs in and then show your brand once inside.
• Merchant Support Email — TMS (ticket management system) which emails you and your merchant each time we speak with your merchant and shows the proper brand in the notice and as the from address on the email.
• Merchant Support Phone — Our call centers answer with a generic “merchant services” then once they have the MID identified, they represent your brand.
• Deployment Packages — Generic boxes and welcome docs inside with proper brand.

What we need:

1. A letter authorizing EPX to register your DBA on your company letterhead.
2. A high resolution image of your company logo.
3. A certificate of good standing from the state you are registered in. It may not be called a certificate of 'good standing' in some states.
4. The ISO Branding request form.