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Showing posts from June, 2021

North American Bancard Cash Discount Program

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North American Bancard (NAB) is a well-known credit card processing company. It is a merchant account provider. This means that you can collect and process debit and credit card payments from your customers. Your money will be deposited into your bank account after the processing fee deduction. North American Bancard’s merchant account was created primarily for face to face retail transactions but now they also allow e-commerce transactions. The North American Bancard Cash Discount Program is a way for you as a business owner to offset the charges of some or all commercial services without increasing the current rates. This is an efficient way of charging service fees to all customers and providing attractive discounts to those who pay with cash. With the help of this program, your published rates will become the actual rates for those who pay cash. Cash paying customers will avoid service fees and everyone else will see an item on the line included in the receipt. It is an advanc

Starting a Credit Card Processing Company

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Starting any kind of business has some basic steps to get registered with your state as an official credit card processing ISO . In Oregon where I am from this processes cost $100 to re-new per year. With this being said I want to jump right into how to go about 1 . You will want to start by researching businesses in your area and evaluate who your competition is. The credit card processing sales business is typically riddled with competition across the United States. Because of this you will want to find a marketing plan that sets you apart from other credit card processing ISO businesses in your area. As an example maybe your company could specialize in business cash advances which goes hand in hand with selling credit card processing . Leading in with something like this will set you apart from other ISO credit card processor s that simply say they will save the merchant money. The merchant hears this type of pitch every day and makes it easy for the merchant to say no to