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With our 100% Residual Program, credit card sales agents can earn a high upfront sales commission while accumulating a strong residual income portfolio for themselves. Below is a sample compensation payout sales reps can expect from our program.

Sample Scenario: A full-time active outside sales rep acquires an average of 10 deals per month. The outside sales rep priced the merchant account at an industry average profit margin of 50 basis points on a credit card sales volume of $15,000 per month.

 

SAMPLE RESIDUAL INCOME CALCULATION:

Credit card sales agents will receive a monthly residual income for the life of their accounts.

# of Accounts
Monthly Residual Income
Annual Residual Income
Estimated Buy-Back Sales Option
10
$750.00
$9,000.00
$22,500.00
65
$4,875.00
$58,500.00
$146,250.00
100
$7,500.00
$90,000.00
$225,000.00
250
$18,750.00
$225,000.00
$562,500.00
525
$39,375.00
$472,500.00
$1,181,250.00
875
$65,625.00
$787,500.00
$1,968,750.00

 

SAMPLE PAYOUT OF CREDIT CARD OUTSIDE SALES AGENT:

Credit card sales agents may earn a six-figure income acquiring an average of 10 to 20 deals per month.

Bonus & Commission
Estimated 10 Deals Per Month
Estimated 50 Deals Per Quarter
Estimated 200 Deals Per Year
Upfront Bonus
$1,000.00
$3,000.00
$12,000.00
Performance Bonus
$1,000.00
$3,000.00
$12,000.00
Quarterly Bonus
N/A
$2,500.00
$10,000.00
Annual Bonus
N/A
N/A
$15,000.00
Equipment Sales or Lease
$2,500.00
$12,500.00
$50,000.00
Monthly Residual Income
$750.00
$5,625.00
$11,250.00
Total Income
$5,250.00
$26,625.00
$110,250.00

* The residual calculation is derived from estimated industry average profit of 50 basis points having $15,000.00 monthly sales volume per account. The buy-back sales option is calculated at an industry average market value of thirty (30) times multiplier. Equipment sales are calculated at an average sales profit of $250.

 

 

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