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Each year, hundreds of merchant services agents choose Shaw Merchant Group as the best merchant services company to work with. If you’re wondering why everyone gravitates towards this ISO agent program, then get ready to have all of your questions answered. Here are some of the greatest benefits of working with SMG’s ISO agent program.
Fast Start Bonus
We offer a performance-based fast start bonus that is payable for anyone that onboards more than the standard threshold of clients in the first 4 months. This program is designed to reward those experienced sales members that join our team and quickly learn how to sell this product. The bonus can reach up to $20,000, making it one of the most lucrative and competitive in the industry.
14X Profit Based Bonus Structure
We will look at how much profit is generated on the account after they have been processing for one month and you earn 14 times of the total profit. Example: If we retain $100 in residuals in that month, the bonus would be 14 x $100 or $1,400. You would have already been paid $600, so we would pay you an additional $800 on that account. This bonus is capped at a max of $10,000 per merchant per location. With our Cash Discount Program it is easier than ever to earn huge bonuses with a 14x profitability bonus. This dual pricing model enables you to maximize your bonus at $10,000 on almost every merchant processing over $90k.
Lifetime Passive Income
You will receive 50-70% of residual income based on the pay structure you select. You will share income on every available revenue stream. With SMG, You Get a True Interchange Revenue Split. Unlike other merchant iso programs, there is no basis points off the top for BIN sponsorship or for what they call hidden losses. Our sales partners earn more residual income with our 50/50 partner program than you would with our competition who claim to offer a higher percentage because their interchange cost (buy rate) is higher.
Free High-End Processing Equipment
Selling businesses on a new processing plan is much easier when you are able to effortlessly jump over the hurdle of the cost of the equipment. With this program, you can offer your clients free credit card terminals and free pos systems that they will need for their processing provider change. This lowers the barrier to switching and creates a higher conversion rate for you.
Cash Discounting Program
When you are selling merchant services, one of the best assets of any partner program is more rewards and incentive programs that saves your merchant money. The cash discount program is one of the hottest new commodities in credit card processing, as it is designed to save the client thousands of dollars in credit card processing cost, instead passing on the fee to the consumer in a way that isn’t damaging to their own conversion rate and revenue. We offer this program to our clients and make it easy to understand and present for our sales partners.
Multiple Processing Platforms
Even though we still use Global Payment and First Data as our processing platform, we have partnered with the EPX platform. EPX can optimize interchange, which means we can process the same transactions for less. This allows you to save merchants a ton of money and make more money yourself.
Backoffice Tracking System
With our Sales Partner Portal (Dashboard) you can track your residuals all the way down to the transaction. You will have access to what your merchant paid for a specific transaction, how much the expense was and how much you were compensated. You're able to look at the merchant’s statement for comparison. With 100% transparency, you are now able to check whenever your want so you can be confident in building a profitable portfolio.
Registered DBA Program
If you're serious about helping your merchants grow their businesses, we want to partner with you. Whether you're interested in becoming a Sales Partner, are already providing merchant services as a registered ISO, or you're a Sales Partner who wants to sell under your own name, SMG is the ISO partner you want. Our Registered DBA can get you up and running fast and save you thousands of dollars in card brand registration fees in the process.
Marketing Resources
One of the things that Shaw Merchant Group is known for is providing our agents with the resources that they need to survive and thrive in a competitive business environment. This means marketing materials, frequent promotions, and other tools that help you to have more success and earn more commission!
Customer Support
SMG’s premium services don't just stop at the sale. Build the relationship with your merchants to new heights by providing them high-quality customer support to help them with any issue they are having with the merchant services they are provided.
