North American Bancard Holdings – Merchant Services
  • 06/07/2017
  • merchant@world
  • 3/5 (8)


North American Bancard is committed to help businesses prosper by offering services specializing in credit card processing, eCommerce/gateway, mobile payments, and cash advances. 

Retail Rates 0.98%-1.98%

North American Bancard (NAB) was founded in 1992 by Marc Gardner. He built it with the vision of building an organization based on people developing innovative technology while delivering superior service. NAB processes more than $34 billion annually. 

Provider Overview

North American Bancard Holdings, LLC is a credit card processing firm based in Troy, Michigan. In business since 1992, the company processes over $34 billion in transactions every year and serves over 250,000 businesses across the United States and Canada.

North American Bancard accepts credit cards, debit, chip cards, EBT, Voyager, Wright Express, and NFC payments. Other sister companies include Inovio, Money Machine, CDI Technology/CDI Merchant Services, Electronic Payment Exchange, Humboldt Merchant Services, PayAnywhere, Point & Pay, Rapid Capital Funding, and Velocity.

Best Features:

  • Mobile Point-of-Sale app called “PayAnywhere”
  • Offers free (POS) equipment for taking payments
  • Training available for clients on use and reprogramming of credit card terminals
  • Offers cash advances for up to $500k
  • 24/7/365 in-house customer support

Things You’ll Like:

  • Accounts are usually approved within hours and basic setup takes less than 15 minutes
  • Offers unrivaled data security through its in-house processor and the latest in encryption security
  • 29% rate is the lowest possible rate, but not a guaranteed one
  • Month-to-month payments with no startup costs and no “hidden fees”
  • Offers wide range of options through sister companies mentioned above
  • Free mobile Phone Swipe reader and dynamic app
  • Secure and fast PCI-compliant ecommerce transactions
  • Insightful online reporting tools

Who Would Like This?:

Businesses that like a lot of flexibility in the payment and equipment options available as well as low starting rates. North American Bancard also serves many popular brands, so their reputation as a secure card processor is solid with great security measures and multiple payment methods.

Signing Up:

The signup process is quite simple:

  1. Clients provide basic business information for the merchant application form online that only takes 5-15 minutes
  2. A representative evaluates their profile and makes a low-rate offer within a few hours
  3. The client chooses and orders the equipment or software necessary for his or her business
  4. The new account is approved by the representative and the ordered equipment or software is sent to the client


The rates the client gets is determined by multiple variables such as the current rates the merchant is paying to his or her original provider, the evaluation of the merchant’s needs versus the rates available, and any additional services the merchant wants from North American Bancard, although typical rates begin at 0.29%.

Ease of Use:

North American Bancard offers great ease of use when signing up as the process is very simple and is customizable for business size and industry. Representatives are available 24/7, 365 days to help clients fill in their informations and answer questions. The extra services offered by North American Bancard and its sister companies can open up multiple options, but the company usually require a three-year agreement.

3/5 (8)

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4 comments on “North American Bancard Holdings – Merchant Services

Sally Wells
Contributing Editor

We know how time consuming it is to choose the right card processing provider so we did all the hard work for you. We collected user reviews from the top merchant services to help you decide with card processing company is right for you. Choosing the right provider will save you time while you work on growing your business. 

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