North American Bancard Partnership with PayTrace Offers Exciting Ecommerce, B2B Opportunities
With the demands placed on ecommerce and business-to-business payments, it is only fitting that merchants rely on a gateway with expert-level knowledge and years of experience.
PayTrace, which North American Bancard acquired earlier this year, has maintained such Level-2, Level-3, and B2B expertise for more than 16 years. Now, with NAB's Electronic Payment Exchange (EPX), the following features are now available to PayTrace merchants.
Because PayTrace is experienced in providing Level-2 and Level-3 data, interchanges are reduced on commercial cards, allowing for substantial merchant savings and, ultimately, an increase in average residual per merchant, as well.
In fact, in 2021, PayTrace boasted $43 billion in settled volume — $24 billion of which was Levels 2 and 3, resulting in about $114 million in reductions from interchange optimization.
Penned with the tagline, "The Gateway to Happy," PayTrace also maintains an affordable gateway for all merchant types (including not just B2B, but healthcare, software development, and more), as well as integration with some of the most popular business accounting, CRM, ERP, and ecommerce systems. In addition, the gateway has a frictionless checkout solution for any situation (point of sale, mail and phone orders, ecommerce, and mobile).
With 40,000 active merchant accounts, PayTrace is ready to grow its merchant family as NAB is ready to expand further into this competitive ecommerce market. With the EPX integration, PayTrace offers invaluable benefits to its merchants.
Having access to this Level-2 and Level-3 expertise is just one tool that merchants can expect when working with PayTrace, whether their target market is dealing with professional services, an omnichannel approach, or the B2B market.
PayTrace and NAB are offering several webinars with more details, now through June; you can register for those here. Or, to learn more about NAB and how PayTrace can help you grow your portfolio, contact us at gonab.com or 888-229-5229.