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Shaw Merchant Group
Monday, February 12 2024
North American Bancard: Agent ISO Sales Partner Program

As one of the largest merchant services providers, the North American Bancard Agent Program helps you grow your portfolio and increase profits. North American Bancard offers a great ISO partner program that provides ample opportunity to increase your sales and market share. You get great sales support, innovative products, and a larger bottom line when working with them.

Products and Services

The North American Bancard Agent Program offers the features you’d find with any large merchant's services provider. They offer both eCommerce and retail programs, but their bread and butter is the retail program.

Free Equipment

North American Bancard provides free equipment with both chip and NFC-payment options. The ‘free’ component of the program, however, usually comes with strings, as it would anywhere else. Pay close attention to your contract to see what it means, such as free as long as you keep your services with North American Bancard or free as long as you sign a terminal lease.

Save Money on Merchant Processing

NAB offers a few options for the back-end processor. Originally, they worked with First Data and Global Payments, which they still do. But now, they also offer their own platform called EPX. If you use EPX, you may save money on interchange fees as NAB is in charge of what they charge you, meaning more money in your pocket.

No Cancellation Fees

No one likes cancellation fees, and it often deters them away from a program. The North American Bancard Agent Program doesn’t charge cancellation fees, which means merchants can cancel at any time. This gives merchants more incentive to sign up, knowing if they are unhappy, they can cancel without penalty. Plus North American Bancard will pay the cancellation fee to cancel a current merchant contract. Now you can easily overcome the old "Im in a contact" objection.

Earn Bonuses

North American Bancard offers many bonus opportunities, including:

  • If you board at least 20 new accounts within the first 4 months, you’ll earn a bonus between $75 - $150 per merchant
  • Earn bonuses for each approval or activation. If you choose approval bonuses, you receive $600 for each approved retail account, including card-not-present accounts on the EPX platform. You can also choose a $600 bonus for each activated retail account, including card-not-present accounts on the EPX platform.
  • Earn the bonuses from the EPX. Not only will you earn the $600 upfront bonus, but you will get 14 x your monthly profitability, up to a maximum of $10,000.

Powerful Point-of-Sale System

North American Bancard works with the PayAnywhere POS. It includes an app, tablet, and card reader. Get access to robust reporting, invoicing capabilities, recurring billing, and dispute management. You may also process transactions with or without an internet signal. The system saves the information and processes the transaction when the internet signal returns. It’s also great for high-end restaurants and bars that want to open tickets or start tabs for customers.

Payment Gateway Options

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.

Offer Flat Rate Pricing

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.

Fast Residuals Payment

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.

Early Termination Fee Reimbursement

Do you have potential clients tied into a contract with another merchant services provider? North American Bancard offers Early Termination Fee reimbursement. This makes your job selling merchants on the program that much easier.

Online Enrollment

Gone are the days of merchant enrollment delays, putting merchants on hold for weeks at a time. NAB offers a streamlined online program called Simplified Enrollment that completes the project in days rather than weeks.

Get Customized Website Tools

Get marketing support to bring in more clients. NAB provides a lead generation website that makes marketing that much easier and less expensive for you. You’ll build credibility and have the clients you want much faster.

Customer Service

Most importantly, NAB is there for you every step of the way. They have award-winning customer service and marketing tools that help representatives in every industry gain the sales they want. You are never alone in this process.

If you’re ready to up your sales game and enroll more merchants, look no further than the North American Bancard Agent Program. You’ll earn great bonuses, have a lucrative program to sell, and have the marketing and customer service support you’d expect out of a top-of-the-line program. Find out how you too can get the sales you want from your program and become an NAB affiliate.

Posted by: North American Bancard Agent Program AT 11:57 am   |  Permalink   |  Email

Merchant services ISO programs offer a great opportunity for individuals or businesses to become independent sales agents for merchant services providers. These programs allow agents to earn commissions by selling credit card processing services to small and medium-sized businesses. However, not all ISO programs are created equal, and it's important to carefully evaluate each program before deciding which one to join. In this comprehensive guide, we will discuss what to look for in a merchant services ISO program and highlight some companies that have the best ISO agent programs for selling merchant services.

What is an ISO Program?

An ISO (Independent Sales Organization) program is a partnership between a merchant services provider and a sales agent, where the agent is authorized to sell the provider's services to businesses. ISO agents are typically independent contractors who earn commissions on the sales they generate. These programs offer a flexible and lucrative opportunity for individuals or businesses looking to become merchant services sales agents.

What to Look for in a Merchant Services ISO Program?

When evaluating merchant services ISO programs, there are several factors to consider to ensure that you choose the right program for your needs. Here are some key things to look for in an ISO program:

1. Reputation and Reliability of the Provider: One of the most important factors to consider when evaluating an ISO program is the reputation and reliability of the merchant services provider. Look for providers that have a good track record of serving their customers and paying their agents on time. Check online reviews and testimonials from other agents to get a sense of the provider's reputation.

2. Competitive Commissions and Pricing: Another important factor to consider is the commissions and pricing offered by the provider. Look for programs that offer competitive commission rates and transparent pricing for their services. Avoid programs that have hidden fees or complex pricing structures that could make it difficult to earn commissions.

3. Training and Support: A good ISO program should provide comprehensive training and support to help you succeed as a sales agent. Look for programs that offer training on sales techniques, product knowledge, and industry trends. Additionally, make sure that the provider offers ongoing support to help you grow your business and address any issues that may arise.

4. Marketing and Lead Generation Tools: To be successful as an ISO agent, you will need access to marketing and lead generation tools to help you attract new clients. Look for programs that offer marketing materials, sales collateral, and lead generation support to help you generate leads and close sales. Some providers also offer lead generation services or tools to help you target businesses in need of merchant services.

5. Payment Processing Solutions: It's important to choose an ISO program that offers a wide range of payment processing solutions to meet the needs of different types of businesses. Look for providers that offer a variety of payment processing options, including credit card processing, e-commerce solutions, mobile payments, and point-of-sale systems. This will allow you to offer a comprehensive suite of services to your clients and increase your earning potential.

6. Contract Terms and Conditions: Before signing up for an ISO program, carefully review the contract terms and conditions to ensure that you understand the agreement. Look for programs that offer flexible contract terms and fair cancellation policies. Avoid programs that lock you into long-term contracts with high termination fees, as this could limit your ability to switch providers if needed.

7. Reputation of the ISO Agent Program: In addition to evaluating the reputation of the merchant services provider, it's also important to consider the reputation of the ISO agent program itself. Look for programs that have a good reputation among their agents and offer a supportive and collaborative environment for agent success. Avoid programs that have a high turnover rate or negative reviews from agents.

Companies with the Best ISO Agent Program for Selling Merchant Services:

Now that we've covered what to look for in a merchant services ISO program, let's highlight some companies that have the best ISO agent programs for selling merchant services. These companies have strong reputations, competitive commissions, comprehensive training, and support, and a wide range of payment processing solutions to meet the needs of different businesses. Here are some of the top companies with the best ISO agent programs:

1. Shaw Merchant Group: SMG is a leading provider of payment processing solutions for businesses of all sizes. The company offers an ISO agent program that provides competitive commissions, comprehensive training, and support, and a wide range of payment processing solutions. Shaw Merchant Group has a strong reputation for reliability and customer service, making it a popular choice among ISO agents.

2. Square: Square is a well-known provider of point-of-sale systems and payment processing solutions for small businesses. The company offers an ISO agent program that is known for its simplicity and transparency. Square provides competitive commissions, marketing tools, and support to help agents succeed in selling their services. Square is a great choice for agents looking to target small businesses in need of payment processing solutions.

3. PaymentCloud: PaymentCloud is a merchant services provider that specializes in high-risk industries, such as CBD, e-commerce, and adult entertainment. The company offers an ISO agent program with competitive commissions, training, and support for agents looking to target high-risk businesses. PaymentCloud has a strong reputation for serving niche markets and providing customized payment solutions.

4. North American Bancard: North American Bancard is a leading provider of payment processing solutions for businesses in the U.S. The company offers an ISO agent program with competitive commissions, training, and support for agents looking to sell merchant services. North American Bancard has a strong reputation for reliability and customer service, making it a trusted partner for ISO agents.

5. Dharma Merchant Services: Dharma Merchant Services is a provider of payment processing solutions for socially responsible businesses. The company offers an ISO agent program with competitive commissions, training, and support for agents looking to target businesses that prioritize ethical and sustainable practices. Dharma Merchant Services has a strong reputation for its commitment to social responsibility, making it a unique choice for ISO agents.

Choosing the right merchant services ISO program is crucial for success as an independent sales agent. By carefully evaluating factors such as the reputation of the provider, competitive commissions, training and support, marketing tools, payment processing solutions, contract terms, and the reputation of the ISO agent program, you can make an informed decision that aligns with your goals and interests. Consider joining a reputable company with a strong track record of serving agents and customers, and that offers the resources and support you need to succeed in selling merchant services. The companies highlighted in this guide have some of the best ISO agent programs in the industry and are worth considering for anyone looking to become a successful merchant services sales agent.

Merchant services ISO programs are essential for individuals looking to enter the payment processing industry and start their own business as an independent sales organization (ISO) agent. These programs provide agents with the necessary tools, resources, and support to successfully sell merchant services to businesses looking to accept credit card payments.

When looking for a merchant services ISO program, there are several key factors to consider to ensure you partner with the best company that will help you succeed in the competitive payment processing industry. In this comprehensive guide, we will discuss what to look for in a merchant services ISO program, how to become a registered ISO, and highlight some of the best companies offering ISO agent programs for selling merchant services.

What to Look for in a Merchant Services ISO Program?

1. Reputation and Experience: When evaluating merchant services ISO programs, it is important to research the company's reputation and experience in the industry. Look for ISO programs that have a proven track record of success and positive reviews from agents who have worked with them in the past.

2. Comprehensive Training and Support: A good ISO program should provide agents with comprehensive training and ongoing support to help them succeed. Look for programs that offer training on sales techniques, product knowledge, and customer service, as well as access to marketing materials and sales tools.

3. Competitive Rates and Fees: As an ISO agent, you will earn commissions on the merchant accounts you sign up. Look for ISO programs that offer competitive rates and fees for agents to maximize their earnings potential.

4. Range of Products and Services: A successful merchant services ISO program should offer a wide range of products and services to meet the needs of different types of businesses. Look for programs that provide solutions for retail, e-commerce, mobile payments, and other industries.

5. Technology and Innovation: The payment processing industry is constantly evolving, so it is important to partner with an ISO program that is at the forefront of technology and innovation. Look for programs that offer cutting-edge payment processing solutions, including EMV chip card technology, contactless payments, and mobile payment options.

6. Transparent Contracts and Agreements: Before signing up with an ISO program, make sure to review the contract and agreement carefully. Look for programs that offer transparent and fair terms, with no hidden fees or binding clauses that could hinder your ability to grow your business.

How to Become a Registered ISO?

To become a registered ISO and start selling merchant services as an independent sales agent, you will need to follow these steps:

1. Choose a Merchant Services ISO Program: Research and compare different ISO programs to find the best fit for your business goals and needs. Consider factors such as reputation, training, support, and commission rates when making your decision.

2. Complete the Application Process: Once you have chosen an ISO program, you will need to complete the application process to become a registered agent. This may involve submitting personal information, background checks, and signing a contract with the ISO program.

3. Training and Certification: Most ISO programs provide training and certification to help agents succeed in selling merchant services. Attend training sessions, webinars, and workshops to learn about the products and services offered by the ISO program and how to effectively sell them to businesses.

4. Start Selling Merchant Services: Once you have completed the training and certification process, you can start selling merchant services to businesses in your area. Use the tools and resources provided by the ISO program to prospect for new clients, make sales presentations, and close deals.

5. Grow Your Business: As a registered ISO agent, it is important to continue learning and growing your business to maximize your earnings potential. Stay up-to-date on industry trends, technology advancements, and best practices for selling merchant services to ensure long-term success.

Best Companies Offering ISO Agent Programs for Selling Merchant Services

1. North American Bancard: North American Bancard is a leading payment processing company that offers a comprehensive ISO agent program for individuals looking to start their own business in the payment processing industry. Their program includes training, support, and competitive commission rates for agents.

2. PaymentCloud: PaymentCloud is a payment processing company that provides ISO agent programs for individuals interested in selling merchant services to businesses. Their program offers personalized training, marketing materials, and ongoing support to help agents succeed in the industry.

3. Electronic Merchant Systems: Electronic Merchant Systems is a payment processing company that offers ISO agent programs for individuals looking to start their own business as an independent sales organization. Their program includes access to cutting-edge technology, innovative payment solutions, and competitive commission rates for agents.

4. Payline Data: Payline Data is a payment processing company that provides ISO agent programs for individuals interested in selling merchant services to businesses. Their program offers comprehensive training, support, and resources to help agents succeed in the competitive payment processing industry.

5. Dharma Merchant Services: Dharma Merchant Services is a payment processing company that offers ISO agent programs for individuals looking to start their own business in the payment processing industry. Their program includes training, support, and competitive commission rates for agents to maximize their earnings potential.

Merchant services ISO programs are essential for individuals looking to start their own business in the payment processing industry as independent sales agents. When choosing an ISO program, it is important to consider factors such as reputation, training, support, rates, and technology to ensure success in selling merchant services to businesses.

By partnering with a reputable ISO program that offers comprehensive training, competitive rates, and ongoing support, agents can maximize their earnings potential and grow their business in the competitive payment processing industry. With the right tools, resources, and expertise, ISO agents can build successful businesses and help businesses accept credit card payments efficiently and securely.

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    ©2023 Shaw Merchant Group is a registered DBA of EPX, a registered ISO of BMO Harris Bank N.A., Chicago, IL, Fresno First Bank, Fresno, CA, and Citizens Bank N.A., Providence, RI.