Thank you for your interest in our BANK ISO PROGRAM!
Payment Data Exchange (PDEX) has identified several common issues and obstacles that most banks are challenged with when attempting to offer a competitive Merchant Services program.
A: NOT OWNING 100% OF THE PORTFOLIO/RESIDUAL STREAM!
Banks typically do NOT own the Portfolio or Residual Stream which leaves a significant asset on the table!
- Bank owns 100% of the portfolio and residual stream
- Creates a significant asset for the bank
- Zero bank liability on merchant risk
- Direct processor pricing
- Better margins for more non-interest income
- Full control over customer service standards
- Full control over merchant pricing
- Full control over cross-selling other banking products