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North American Bancard
5 Best Credit Card Processing Agent Programs
Sunday, July 09 2023

If you are a merchant services agent, then you know the benefit of having a ISO agent program provider that you can trust and depend on to provide quality services to your merchants. Even though any credit card processing agent will tell you that a processing program that is high-quality is of utmost importance, it is still difficult to try and find a program that fits your needs. That’s because with all of the options, it can quickly become a messy, tricky process.

To provide you with some guidance as to the best credit card processing ISO programs, this list will delve into the most reputable programs and why you should consider them as your processing program. With this resource at your disposal, you’ll be one step closer to finding a credit card processing program that is right for you.

North American Bancard

If support and experience are priorities for you when you are choosing a processing partner for your agent activity, then North American Bancard is one of the most obvious choices. For years, North American Bancard has been one of the best in the industry when it comes to customer support and length of experience. These are two very valuable assets to have when searching for a merchant processing partner at any point in your agent career, but they are especially important for agents that are just starting out. When you are just starting out as a merchant, you need a partner that is both experienced and offers good support to guide you through the early stages and ensure your merchants get the very best service possible.

In addition to the customer service that they offer and the experience that they bring to the table, North American Bancard also happens to have some of the most high-tech and innovative merchant services available on the market today. If you’re looking for the best of both worlds, then North American Bancard is definitely an option for you.

Shaw Merchant Group

For years, Shaw Merchant Group has been one of the main leaders in the merchant processing industry. They feature a great partner program that is one of the best in the country for those that are looking for growth potential. For ambition sales agents that want to maximize their earnings potential, SMG offers a very robust and lucrative bonus program that has rewarded good performance time and again.

Apart from the benefits that they have to offer in the way of earnings, SMG also has a proven track record of providing high-quality customer service to their merchants and agents. This is a huge selling point with merchants and helps to assure them that you will be there for them regardless of what happens.

Where Shaw Merchant Group  really shines is in the ease-of-use that they have to offer with the solutions in their product suite. Merchants often have a difficult time getting up and running and training employees on payment systems, but solutions from SMG basically solve this problem altogether. Their merchant services solutions feature easy-to-understand dashboards that provide you with all the functionality and processing power that you might need while still saying simple and easy.

PayProTec

If you’re looking less for a partner that sits in the background and collects payments and more a partner that takes an active role in your business and helps you to succeed, then one of the best choices that you can make is PayProTec. PayProTec has a reputation in the agent processing program industry as being a partner that gives you the tools that you need to succeed in a very competitive industry. In an industry like merchant services, you’ll take any help that you can get when it comes to selling merchant services. PayProTec will work hand-in-hand with you to get you established and give you actionable resources to increase your performance and market your business.

In addition to providing you with a wide range of tools to help your success, PayProTec also has incentives that will help your merchants feel more comfortable such as instant customer support and a free terminal program to make your services look even more attractive to merchants.

Shift 4 Payments

The POS system that a merchant operates will always have a very large impact on how willing they are to make the jump to your services. When you work with Shift 4, you will see exactly the impact that working with one of the most reputable providers of POS systems in the world provides. When you work with Shift 4, you’ll be gaining access to one of the world’s most robust POS offerings, and you’ll be able to offer it for free. Shift 4 helped to pioneer the free POS system offering and they continue to offer it today to merchants around the world. When you can offer a brand new POS system to your merchants, they are much more likely to use your merchant services and be willing to open up a lucrative, long-term relationship with you as their merchant services provider.

Durango Merchant Services

If you offer merchant services to merchants that are considered to be in a high-risk industry or business, then you know the struggle of trying to find a good merchant processing partner program to take them on. If you do cater to these industries, then Durango Merchant Services might be the best option for you. Durango has been around for a while and in that time, they have established a reputation for catering to high risk merchants and putting together robust merchant services packages that remain affordable for a high risk business account.

One of the main strengths of Durango Merchant Services is that they allow a wide range of industries. Some high-risk merchants like to specialize in one industry, but Durango does it all. If you’re looking for a merchant processing program that will provide you with flexibility when working with these merchants, then there’s no better choice in the industry than Durango Merchant Services.

ISO Agent Partnership

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 North 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, North is the ideal partnership. There are dozens of reasons to become a sales partner with North, 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 North, 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 North 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.

Registered DBA Program

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 North 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.
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    North American Bancard is a registered ISO of Wells Fargo Bank N.A., Walnut Creek CA, of BMO Harris N.A., Chicage, IL and The Bancorp, Philadelphia, PA.

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