- Merchants and agents alike are capable of calling in and speaking to a live person. No long hold times or voicemails.
- We represent over 10 different banks and processors worldwide. Ensuring that agents are able to place the majority of the accounts they sell. Don’t miss placing a high risk merchant because your current solution only uses one bank.
- Our attrition rate is under 3% annually without contract termination fees! The industry average is over 20%. Merchants stay with us because of our pricing and support.
- We process hundreds of millions of transactions annually.
- Best of all, our agreement is non-exclusive! Work with as many different processors/banks as you would like. We guarantee we will earn the majority if not all of your business.
- Call today and let us show you how we can help increasing your residuals while also exceeding your expectations.
INFORMATION ON Merchant account affiliate Programs
Merchant account affiliate programs are good for the business of merchant service provider since affiliates work to add more customers. Merchant account service providers have in-house teams that do the same job and these affiliates add to the effort of the in-house teams. Though there may be numerous merchant account affiliate programs, affiliates should know certain things.
At this juncture, it is worth comparing in-house programs and the affiliate networks. The affiliate networks are 3rd parties and they make sure that the payouts are on time. They help in maintaining the affiliate program’s integrity and subsequently the integrity of all the other parties involved by striving to offer protection against any fraud. Affiliates who choose to work for the in-house merchant account affiliate programs of companies should always opt for reputed companies. Prevention is better than cure in such cases and the available recourse is less for swindles by the in-house programs.
The most important factor in merchant account affiliate programs is the payment. The amount and the method of payment should be acceptable to you. Some programs make a payout after the commission accumulates and reaches the amount $ 500. This sounds simple and seems acceptable, since it provides the impression that affiliates will be paid $ 500 every month. However, the reality behind this is that, the affiliates will not accumulate $ 500 commission within a month, since it normally takes more time for reaching this target. You should know what amount is achievable in a month in the worst case and then fix it as the amount associated with minimum payout. This amount can be $ 100 or a number that is lesser than $ 100, whichever is close to reality.
The payment types are pays for leads or pays for accounts. The companies pay a fixed amount for every lead provided and offer additional amounts in the form of percentages for sale of equipments. Some companies have both the in-house and the 3rd party affiliates. There are companies that have been successful in the business for more than a decade. Some companies offer incentives for rewarding the performance of those affiliates who do a good job. Some companies choose to pay after approval of the merchant accounts. These companies have a decade of experience.
Popular third party processors offer a percentage of the sales of the new merchant as a monthly bonus in the initial stage. However, for this incentive to come true, the net sales of the merchant should reach $ 200. This bonus will continue for the following year too. There is a gap on the maximum amount earned in the form of bonus. Some offer an additional amount to the affiliates for the 3rd referral made every time.
In merchant account affiliate programs, companies make payments for the approved accounts or for the leads. In addition to checking this out, you need to set the minimum target to a reasonable amount. Other details related to the payment are: incentives and bonuses.
