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North American Bancard agent program advices and merchant services business opportunities? 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. Merchants sometimes need cash fast – they don’t have time to wait for bank approval. North American Bancard owns RapidFuel, a company that helps businesses get cash fast. Some businesses will get approved for up to $500,000 in as little as 3 days. If they get approved, you earn a nice commission.

Rates and Fees: Usually this is the focus point of any merchant account application and the first question you’ll be asking your provider. Please see Rates & Fees and Interchange Rates Explained for more information. You should know that for all EEA (EU/UK) based companies, doing business within EEA, the EU Commission has lowered the interchange fees down to very low numbers (0.20%-0.30%). On top of interchange fees, the Card Scheme Fee and Acquirer/Provider’s margin are added. The most transparent and »fair« way to be charged for your captured card payments is the interchange++ rate model where you can clearly see a breakdown of exact interchange, CSF and margin. Typical rate is Interchange++1.00%; or 2-3% blended.

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. See extra info on North American Bancard Agent Program.

Technology helps with lower transaction costs by providing alternative payment processing methods such as routing avenues – which are tailored to meet up with the demands of the merchants’ and customers’ location. With this, retailers are equipped with the ability to route their payments between global financial institutions based in the locations of their customers to reduce cross-border transactions and currency conversion fees. This helps merchants engage better customer experiences which subsequently results in higher profit maximization.

Since 1992 North American Bancard has grown by leaps and bounds. North American Bancard has obtained this success because of its relationships with sales agents, ISOs and reseller partners. Through the years North American Bancard has laid out a simple blueprint to sales success backed by unmatched sales tools and support. Agents that come from other processors will tell you about NAB’s unmatched agent program. See extra information at https://www.shawmerchantgroup.com/.