Results 1 to 3 of 3
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06-17-2020, 10:54 AM #1
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,981
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
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06-17-2020, 12:51 PM #2
- 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 +
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06-17-2020, 02:03 PM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,981
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 BPDave 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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