| Description: | North American Bancard agent program advices and merchant services careers with shawmerchantgroup.com? North American Bancard works with the PayAnywhere POS. It includes an app, tablet, and card reader. Get access to robust reporting, invoicing capabilities, recurring billing, and dispute management. You may also process transactions with or without an internet signal. The system saves the information and processes the transaction when the internet signal returns. It's also great for high-end restaurants and bars that want to open tickets or start tabs for customers.
Do your Due Dilligence: If you Google »merchant account services«, you'll most likely be overwhelmed by the results showing all the different providers for accepting card payments, either for ecommerce, MOTO, or High Risk merchants. It is important that you know who are you applying with. First, you need to find out if you're applying for a Direct MID (merchant account directly with the acquiring bank) or Aggregate MID or Payment Facilitator MID (more merchants share a single MID). Try to get the answers to following questions: Are you working directly with the acquiring bank or a middle-man Payment Service Provider company (PSP)? Where is the provider and acquiring bank based? Are they EU/UK regulated Financial Institution and have their own PCI compliant gateway? Do they already process payments for other businesses in your niche? Can you find any complaints online?
Data security: According to Wired magazine, fears about data security is the number one factor that keeps customers from adopting mobile banking. That's why solid data security is a must-have merchant service. Buying vs. leasing merchant services equipment: If your business occasionally needs a physical POS system or credit card terminal, look for a merchant services provider that offers equipment leasing. However, if you'll be using the terminal on a regular basis, it's almost always a better value to simply buy one. |
