Credit card processing agent program and merchant services business opportunities? Since we are discussing the career of selling merchant accounts, it is imperative that you know the kind of businesses you can easily target by leveraging the power of the cash discount program. Virtually all types of businesses will be happy to work with you if they are currently paying fees for credit card transactions from their own pockets. We summarized all types of businesses you can target in three categories. These are the businesses that purely sell physical goods like a gift shop or a grocery store. These businesses also process a massive amount of credit card transactions every month and likely pay hundreds of dollars in fees.
Various Freebies to Hook the Merchants: The most important part of getting a merchant to sign up is the initial pitch you make. If you cannot offer them true value, then you won’t be able to close the sale. So to make your pitch a juicy one, NAB offers free POS equipment to the merchants that sign up with them. This is pretty sweet as the terminal can cost a lot, and knowing that they’ll get it for free will certainly turn their ears towards you. Then there are also things like free signage that can be put outside the shop or near the counter that tell people about the availability credit card processing facility.
When you are a registered ISO, you’ll be able to gain access to better rates and have sub-agents that earn income for you. Being a registered ISO allows you to expand your network and grow bigger as you attempt to accommodate more merchant partners. As opposed to being a traditional agent, being an ISO is truly the next step in the merchant processing career and a great way to expand your income and your reach. Being an ISO is considered a privilege, especially when you are working with North American Bancard. With an ISO certification, you can spread your agency and ensure that you build a foundation of future earnings on a strong, compliant partnership with North American Bancard. Discover additional info on Merchant Services Agent Program.
If you have become a credit card processing agent and try to generate more leads, start building up a database of the small businesses. You can also use software automation that will save you time. You can use CRM software that helps you collect the email addresses from the businesses and send them automated lead generation emails. If someone shows interest in the merchant account, it notifies you so that you can contact them. This strategy carries the least risk, but it is very expensive. You can buy the appointment scheduled from different companies and pay by the lead. These leads cost you around $50 to $80. You can find a lot of lead generation companies over the web. But normally these sites provide the lower quality leads at a lower cost that have expressed the general selling interest rather than requesting you to contact the merchants.
PayAnywhere is a fully functional POS system that can reside on a tablet or mobile device. It is the industry standard in mobile payments and it’s an option that we are happy to offer. At North American Bancard, we believe in providing our merchants and our agents with the assistance that they need. For merchants that are in need of cash infusion, we offer merchant cash advance short-term lending to help. Cash advances are sold through account agents, providing agents with yet another revenue stream and reason to choose our merchant processing program as a partner. With cash advance and all the rest of the benefits that we have to offer, our merchants and agents are well taken care of. See additional information on this website.