Thursday , April 25, 2024

North American Bancard fuels growth for sales partners and ISOs

Business today is complicated as consumer needs and expectations shift. Whether it is about speed or the customer experience, more is expected, at an unprecedented pace. Merchants looking to manage consumer expectations in the payments arena often need help from a payments expert (sales partner) that is in tune with the shifting market needs. Sales partners offer a unique consultative approach merchants need to help them respond to the shifting landscape.

For more than 25 years, North American Bancard has worked hand-in-hand with sales partners and ISOs to help them compete, and win, in the merchant marketplace. As business has evolved, so has NAB’s support and dedication to its partner program.

Furthermore, as the payments industry continues to consolidate and companies are concentrating more effort on creating synergy versus boosting sales partner programs, NAB remains committed to investing in its salesforce.

Here’s a look at the latest program features NAB has introduced.

Refreshed PEAK bonus program.

We’ve been busy at NAB in the new year as we work hard to structure and retool programs for our partners. One exciting initiative is the revamped PEAK bonus program. The revised program offers greater incentives in the form of a $500 upfront activation bonus, an increased multiplier of 14x, and a doubled cap to $10,000 per merchant to sales partners who sell the Payanywhere Smart Solutions to merchants boarded on Electronic Payment Exchange (EPX), NAB’s wholly-owned payment processing platform.

This program helps sales partners get modernized payment solutions into the hands of merchants, while also enhancing portfolio profits.

40x residual buyout offer.

The newest NAB buyout offer puts a new spin on the program. The incentive gives sales partners the option to have 50 percent of their portfolio purchased at 40x, giving the partner a larger cash base to invest in business enhancements and/or hire new field representatives. This option is even available for portfolios not with NAB today! It’s truly a win-win for savvy sales partners with growth in mind.

The newly structured program is available to both existing and new sales partners with NAB.

Transcend: the premiere partner event.

NAB’s flagship partner event is hitting its third year and promises to be another can’t-miss event. Partners, attendees, and sponsors are treated to an unforgettable experience featuring new product announcements, educational seminars on the future of payments and how to sell effectively, and valuable networking sessions tailored to growing portfolios.

Transcend includes sessions on simplified selling solutions, such as NAB’s POS Pros, a program designed to help sales partners close more deals via dedicated staff who work to customize programs that fit the unique needs of each merchant.

Past Transcend events have included keynote speakers such as Chris Gardner, Ryan Estis, Molly Bloom, and Jordan Belfort, who’ve all shared insights on winning in competitive situations. Transcend is where payment innovations meet real-world implementation.

Sales Partners have the knowledge base and consultative approach merchants need to compete in business today. North American Bancard realizes how valuable sales partners are and will continue to develop new and innovative programs, educational resources, and modern tools to help them grow. If you’re interested in joining NAB as a sales partner, please visit www.gonab.com or call 877-812-8041 to learn more!

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