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  1. #1
    Senior Member Reputation points: 81655
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    Florida
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    Lightbulb CNP Credit Card Processing Residual Income

    There are many avenues a person could utilize to build residual income.

    I'm seeking 3 individuals that want to add/build a residual income within
    the high risk processing vertical. (Card-Not-Present)

    Out target market are companies that process or anticipating processing in excess of
    $600K Plus per year - Retail/MO/TO/E-Commerce.

    All prospecting and selling is completed via email/phone.
    Work from a Home Based Office.

    ***Estimated Residual Income - Monthly Processing volume of $1M will generate an estimated
    $1000.00 per month in residual income.

    Contact me directly if interested.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  2. #2
    Senior Member Reputation points: 23750
    Join Date
    Aug 2014
    Posts
    194

    10 bps of profit?? Dave either you are doing it wrong or your splits to your sub reps are horrible.

    Anyone with a CNP portfolio should net 50 - 100 bps in residual, high risk your net should be 100 bps +

  3. #3
    Senior Member Reputation points: 81655
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    Quote Originally Posted by MCA View Post
    10 bps of profit?? Dave either you are doing it wrong or your splits to your sub reps are horrible.

    Anyone with a CNP portfolio should net 50 - 100 bps in residual, high risk your net should be 100 bps +
    It is only an example - I never overstate - the concept is building residual income

    BTW - If an account(s) is at is 50 BP and the gross profit revenue would be $5,000.00 processer is paying at 75% =- $3750.00 and I'm splitting a % with sub-agent.

    Since we live in a world of race to the bottom of pricing, many sales reps would not write at 50/100 BP
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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