Q.  How Do I Make Money and Where Does It Come From?

A.  With Advanced Merchant Services there are a number of ways you make money.

1. Upfront Income - Leasing Revenue, Merchant Acquastion Concept (selling residuals for immidiate infussions of cash), Merchant Cash Advance Revenue, etc. We teach our sales partners how to earn upfront commissions from $250 - $7,500 right upfront.

2. Residual Income. Advanced Merchant Services agents earn an average net profit of $65.00 per merchant per month. For example, agents working from $60 ½ + $30 per merchant, per month, on our Revenue sharing Program can earn the following:

 

After 1 Month

After 1 Year

After 2 Years

10 Deals Per Month

$300 monthly

$3,600 monthly

$7,200 monthly ($86k/year)

15 Deals Per Month

$450 monthly

$5,400 monthly

$10,800 monthly ($129k/year)

20 Deals Per Month

$600 monthly

$7,200 monthly

$14,400 monthly ($172k/year)

50 Deals Per Month

$1,500 monthly

$18,000 monthly

$36,000 monthly ($432k/year)

3. Equipment Sales Income. Agents receive a set price for equipment from our distributor, Tasq Technology. Agents can then sell the equipment for any dollar amount over their cost. That price differential becomes their profit. For example, a Hypercom T4100 may cost $375.00 and be realistically sold for $995, generating a profit to the agent of the full $995 when using our completely free equipment program. With this incentive AMS fully subsidizes the actual equipment cost providing 100% of the revenue to our valued sales partners.

4. Application fees. Agents receive 100% of any application, set up or installation fee revenue charged to a merchant. For example, you place a terminal for FREE at the merchant location and simply charge a $145 application, set up and installation fee. That’s a great deal for the merchant and an additional $145 in your pocket!

5. Value added reseller commissions. Agents receive 100% of the residual or application fee overrides from value added resellers. This would include our ACH Service, Checks, Gift Cards, etc.

Q. What does it all mean?

A. Simply stated – Advanced has put together the most comprehensive program in the bankcard industry with the most aggressive compensation plan to reward you for your diligent efforts!

 

Q.  Why the credit card industry?

A.  The demand for card choice is at an all time high and continues to build. Consumers demand choice and convenience, particularly when it comes to how they pay for goods and services. That means they are increasingly opting for electronic payment methods, not cash or checks. Consider the facts that Visa has recently posted on their web site:

  • Of every $100 spent by consumers, nearly $40 is in a form other than cash or check.
  • In retail, restaurant and service over 48% of all transactions are charged.
  • Consumers carry over 1 billion Visa cards worldwide- more than 400 million of those cards are here in the U.S.
  • U.S. Visa cardholders conduct over $1 trillion in annual volume.
  • The average ticket for Visa purchases is considerably higher than cash.
  • U.S. Visa cardholders conduct over $1 trillion in annual volume.


Q.  What are the Benefits of Card Acceptance?

A.   Multiple!

  • Increased Sales. Consumers spend more when they're not constrained by cash on hand. Merchants will see increased purchases of higher-margin products as well as specialty items. Customers will visit merchants more often when they can pay with cards and electronic check processing.
  • Customer Satisfaction. Consumers will appreciate the fact that merchants allow them the flexibility to pay the way they want to pay, including by credit or debit card. Happier customers are more loyal customers.
  • Speed of Checkout. Merchants can speed their customers through checkout with rapid electronic payment. No more counting change or waiting while customers write checks.
  • Improved Efficiency. Card transactions today are conducted electronically. These paperless payments save time and money by minimizing cash handling and payment reconciliation, giving the merchant more time to do more important things, like managing and growing their business.
  • Safety. With lower volumes of cash, merchants are less vulnerable to theft and pilfering.


Q.  How does a Transaction Work?

A.   The transaction process is a series of purchases, beginning with the cardholder:

  • The cardholder purchases goods or services from the merchant.
  • The merchant, in effect, sells the transaction to the "acquirer" and is reimbursed the amount of the sales ticket, less a "discount fee."
  • The acquirer then submits the transaction to the issuing bank for payment via an interchange and settlement system.
  • The issuing bank pays the merchant acquirer, less an interchange fee which partially reimburses the issuer for its expense, through the settlement system.
  • Finally, the cardholder repays the issuer for the goods or services originally purchased from the merchant.


Q.  Is The Market Saturated?

A.   NO!

There's a world of opportunity out there for you to grab. Anytime an industry includes a significant profit there will be competition. In our case we are a direct processor. What that will do is give you the competitive advantage in any situation. Consider the banks and "middle men" that charge higher rates because they are subbing through someone else. In addition there are thousands of new businesses opening every single day.

Q.  Can a New Agent still be Successful in the industry?

A.   YES!

Our industry requires a combination of good work ethics, intelligence and determination to succeed. At Advanced Merchant Services, our part is to provide you with the appropriate tools and training to help you hit the ground running. Your part is to bring natural sales ability and solid work ethics. The income a good agent makes could likely exceed $300k annually. They do not make $300k by accident. They have a plan and work their plan to achieve their goals. It is possible!