National Bankcard is a simple credit card processor with month-to-month contracts and no ETFs. To find out if National Bankcard could benefit you, continue reading the review below.
When you set up the account, there is no fee to worry about and the company specializes in competitive processing rates. They also offer tips and recommend services to help improve customer retention.
|PROMOTIONAL LINK||LOAN DETAILS||REVIEW|
|Chase Merchant Services|
Best direct processor for all sizes.
2.6% discount rate and $0.10 per tap, dip or swiped transaction, and 3.5% discount rate and $0.10 per keyed transaction
2.90% and 25 cents per transaction
|Intuit Quickbooks Payments|
Best for QuickBooks users.
2.40% & 25 cents per transaction
2.90% + 25 cents per transaction
Best low-fee mobile card processor.
2.75% per transaction
2.9% + 30 cents per transaction
Table of Contents
National Bankcard Processing Solutions
- POS Processing: This POS system is EMV-compatible and can accept NFC payment. There are no contracts since the lease is on a month-to-month basis.
- Terminal Processing: Verifone VX520 accepts swiped card transactions or dip payments with wireless and WiFi options.
- Mobile Processing: With a card reader, National Bankcard can accept credit cards easily. The app will let you process mobile payments and there are no fees to worry about when you set it up.
Value Added Services
National Bankcard also has a variety of services added with value.
You can seamlessly integrate Quickbooks with National Bankcard and access invoices or import transactions from your terminal. You can also set up recurring payments.
With Quickbooks, you can view your account activity from almost anywhere and manage whatever you need to.
Turn paper checks into eChecks and have your funs directly deposited into your account through ACH.
This implemented feature is a faster, more convenient way to receive money without.
You can attract even more customers when you use gift cards. Get them custom or predesigned and receive a starter kit that contains other marketing materials.
Gift cards can reduce fraud and add to your sales.
With a loyalty program, you can get your customers to come back every time by allowing them to earn rewards.
You can easily track all customer transaction via the mobile app as well.
You can even access an online dashboard that lets you see the demographic of your customers.
With cash advances, merchants can have more flexibility. The funds can be used towards any other business purposes and you can even renew.
There actually isn’t much details about pricing since National Bankcard states that there are no setup or cancellation fees to hassle over.
If you are curious about any hidden fees, you may contact them to find out any additional information.
The processing rates however are as low as 0.25%.
Customer Support & Satisfaction
You can call National Bankcard about any questions you have. They offer live customer support 24/7, which means there will be someone to assist you when you need it.
However, they lack a convenient FAQ page or a live chat options on their site.
Contract & Closing
As mentioned previously, National Bankcard offers only month-to-month contracts with no ETFs and no additional fees as far as they are concerned.
National Bankcard also doesn’t disclose PCI compliance fees, chargebacks or virtual terminal setup fees.
If you want simplicity when it comes to a card processor without any hidden fees to necessarily worry about, National Bankcard excels in that service.
There isn’t much of a difference between National Bankcard compared to other credit card and payment processors, but the additional value added services serve as good tips to make the most out of your business.
If you tend to have larger transaction volumes, then consider Chase Merchant Services instead, a direct processor that provides more security and is known for its top notch services.
For someone who’s new to the business world and don’t have that high of a transaction volume, then processors like Square can assist you in the journey.
If you are interested in finding out more information about card processors, then check out our Best Credit Card Processing Services to learn about all kinds of different card processors!