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Merchant Services Done Right Partnership Programs.
4 Keys to Bigger Residual Payouts
Our philosophy of Merchant Services Done Right applies to more than just the small businesses we are proud to serve. By applying the same principles to our ISO Partner Program, we have created a best-in-class experience for all of our partners. Here are the 4 core elements of our program that lead to consistently closing more deals, lower attrition rates, and ultimately bigger residual payouts.
High Commission Splits
From day one, we designed our company to keep our overhead low in order to provide the lowest possible pricing to our customers — and the highest possible revenue share to our ISO partners and agents. We believe this is the best way to align the incentives of our agents and merchants. Starting at 66 percent, our commission splits are among the highest in the industry, and we never play games with thresholds, revenue caps or changes in rates. Plus, our agents are paid for the entire life of their accounts. By giving our partners the lion’s share of the revenue, we give them the additional margin they need to maximize the savings for merchants and win more deals.
Qualified Appointment Setting
Whether you are new to the business, have decades of experience, or are somewhere in between, consistently sourcing high-quality leads and maintaining a full pipeline can be a daunting task. So why not let someone else do it for you? Our Qualified Appointment Setting program is available to all of our partners at no extra cost. After setting up a radius based on your zipcode, our call center will begin scheduling appointments with small business owners near you. With close rates for many partners well over 30% and deals that often close in one day, our partners are closing two to three more deals per month that they wouldn’t get otherwise.
We understand that in order to provide the highest possible value for small businesses we also have to provide a best-in-class experience for our agents and ISO partners.
Free Smart Terminal Program
For far too long, the technology in the payment processing industry has largely remained unchanged. Black and white screens, extremely limited functionality, and no touchscreen or contactless capability. While many of these old school terminals are considered industry staples, they are the payment terminal equivalent of flip phones living on borrowed time. And our clients deserve better than that. That’s why all of our partners can offer merchants the latest in payment technology — for free! Our current smart terminal offerings include, Clover Mini, Poynt, Clover Flex and PAX A920, and we are always adding more options to our free equipment arsenal. Because these systems help our merchants operate more efficiently, they are incredibly valuable to our ISO partners when pitching and closing deals. It also creates a higher bar that any other agents or payment processors need to meet and is a big reason why our merchant attrition rates are so much lower than the industry average.
24/7 Partner Support
We believe that timely support is crucial to closing more deals and growing your business. In addition to our dedicated partner support 1-800 hotline, we also proudly provide the personal cell phone numbers of our executive team and are happy to offer real-time help to all of our partners. Whether it’s an experienced agent with a quick question or a newer agent who needs help closing a deal (on the spot, while they’re in the meeting), we are always here to help.
More on the MSDR Partner Program
On top of all of that, our partner program includes several other best-in-class resources: Our managed payroll services and online commission trackers ensure that all of our partners can focus on growing their businesses, and not on repetitive administrative tasks. Similarly, our marketing automation program allows our agents to up their productivity and focus on qualified leads. Think enterprise deals and multi location franchises are out of reach? With our Major Merchant Program, you get reduced schedule A pricing for qualified merchants to help you close larger deals. Finally, because we want to be long term partners, we have an in-house team dedicated to portfolio acquisitions and loan programs. We can help you sell all or part of your residual with a simple process that leads to fast evaluations, a quick close, and high multiples. Plus if you join our partner program, you become eligible for even higher multiples when you sell your accounts. Just another way we ensure Merchant Services Done Right.