Revenue Partner Program
REVENUE SHARE PROGRAM:
1st National’s revenue share ISO program is by far the most advanced and lucrative in the industry. This program is for serious individuals looking for a business opportunity, a career and a solid future. With the revenue share program, you have all the tools needed to start your own office, be your own boss, and control your own destiny. Instead of simply referring leads to 1st National as with our other programs, with the revenue share the ISO handles all sales from start to finish, and for this additional work they are compensated greatly.
1st National’s ISO support team is still ready, willing and able to assist every step of the way however, we are confident that, armed with the knowledge from our intensive training program, the most competitive pricing in the industry, and 1st Nationals solid reputation of superior service and support, the ISO will be closing 100% of the deals, on their own in no time with a very respectable closing ratio.
And depending on the ISO needs and the structure of the agreement, ISO will receive 100% of all up front bonuses and commissions and 50-65% of the monthly recurring residual stream from each account submitted. The amount of profit generated from this program combined with a high closing ratio, consistent referrals due to superior service and support, and 1st Nationals industry leading low attrition rate will assure the serious ISO exponential growth in no time. And 1st National’s mission is to help each and every ISO achieve success beyond their wildest dreams. Please read below for details on the important features of our superior ISO Revenue Share Program.
REVENUE SHARE ON ALL INCOME STREAMS
1st National offers our ISOs a share on every single income stream at a very competitive cost per item. And, based on the volume of applications submitted, the ISO can earn anywhere from 50% to 65% of the net profit.
UP FRONT ACCOUNT BONUSES
Submit an account receive $100 upon activation. Unlike other ISO Programs, 1st National pays up front bonuses on all accounts, not just conversions and not just on 3 year agreements. 1st National wants you to have the volume spike and the cash flow you need to explode, and our up front account bonus program is the perfect tool.
SAME DAY ACCOUNT APPROVAL
Completed applications submitted via fax, email or on line approved within hours, live merchant account numbers issued immediately, and same day terminal download testing & deployment.
FREE TERMINAL PLACEMENT
The economy is rough and the competition is stiff out there. 1st National’s preferred equipment pricing combined with our experienced underwriting allows us to offer the best free terminal placement program in the industry. So if you come across those merchants who want everything for free, rest assured you will be able to seal the deal whether it is a credit card terminal, smart phone payment device, or virtual terminal.
Not every merchant will be willing to sign the standard, long term 3 year, High ETF Fee agreement offered by the masses in our industry and, all too many times, this results in lost sales to the ISO. Our superior service and support allows 1NP to offer our ISOs 0, 1, 2 and 3 year agreements for merchants. This enables the ISO to close the deals with those merchants who are unsure, and the ISO can still feel confident that once the merchant experiences what 1st National has to offer they will remain a long term client. We don’t need contracts to ensure that.
SUPERIOR RISK MANAGEMENT
Another significant cause of attrition in the Bancard industry is merchant dissatisfaction caused by the Risk Department freezing funds. This is a major problem caused by ineffective underwriting setting up accounts incorrectly, unfriendly risk representatives lacking empathy, and improper training of merchants from inception. 1st National has extremely competent, professional & efficient underwriting and risk management reps dedicated to training merchants thoroughly, setting up accounts with the proper limits from the beginning and handling issues expeditiously
AFTER HOURS ISO SUPPORT
ISO Support representatives are available after hours via email or phone to assist ISOs in every time zone, nationwide, anytime. If you’re on the clock, so are we. We want the business.
AFTER HOURS TECHNICAL SUPPORT
The main cause of attrition in the Bancard industry is inept after hours, toll free technical support by the front end processors resulting in lost sales to a merchant. 1st National goes 1 step beyond by offering on call technicians as an outlet to merchants who encounter a “Bad Apple”. Once we have a customer, our mission is to keep them for life, and we are convinced that this is a major contributor.
CONTRACT AND ETF BUYOUT
If you have a perspective merchant stuck in a contract with an early termination fee, 1st National will buy out the contract and reimburse that merchant up to $295 in order to earn the business.
COMPLETE MERCHANT INTERFACE
Every revenue share ISO is equipped with a customized merchant interface. This system allows ISO to view all of the important details on each and every merchant in their portfolio including pricing and residual profit. It also allow ISO to set notifications for volume spikes and/or decreases so they can stay informed on potential risk issues and solicitations by the competition.
Those are just a few of the many great features and benefits of 1st Nationals ISO Revenue Share Program. 1st National is looking for a select group of hungry and motivated ISO’s to expand our outreach all over the United States and beyond. If you are serious about taking your existing company to the next level or would like to start your own organization 1st National is the perfect partner for you.