For growing the portfolio and increasing profits, the North American Bancard Agent program is great as it offers a partner program that provides many opportunities to increase business sales and the market share. One can expect to get sales support with innovative products, plus a larger bottom line.
The North American Merchant Services Agent Program offers both eCommerce and retail programs. The program contains all the features found with large merchant’s services providers like they provide free equipment with both chip and NFC-payment options.
There are a few options for the back-end processor that are also available in the program.
They have earlier worked with First Data and Global Payments. They continue to do so too but now additionally they own their own platform named EPX. So money can be saved if EPX is used by the client like the money one pays on the interchange fees as NAB is in charge of what they charge the client.
There are some free components available for the client but how much of it is free or available in less fees can only be determined when one reads the contract closely. Some of the services are free till the program exists and some are available till the date mentioned in the signed terminal lease.
The other feature the program has is the non inclusion of any cancellation fees. There are many clients who do not like cancellation fees of programs and that deters them from even trying or reading about the program. But the NAB program does not have such liabilities. The merchants can cancel the program anytime. With this they have the incentive of signing up and then canceling if they don’t agree with it, without paying any penalty.