Credit Union and Bank Partnership Program

The Bank Partnership Program is designed to address the changing market requirements of the small to mid sized bank or credit union.   Business owners today are looking for a total package.  They want business checking, tax payments, loans, and card processing-anything they would do at a large bank.  For small financial institutions to compete and retain its business division they must offer these solutions.  Northwest Processing Solution partners with Credit Unions and Community Banks to offer merchant services.


The Northwest Processing Solution Difference

Working with one of the nation’s leading independently owned payment processors, NWPSolution handles all elements of both debit and credit card transaction processing offering a host of services:

  • Full discloser pricing strategies
  • Simplified paperwork for quick approval
  • Easy to read processing statements
  • 24 hours Customer Support available                                                                       

Local Regional Representatives in your community are available to assist you with questions, training, and any other issues that may affect your merchant services.

Northwest Processing Solutions gives you instant access to your merchants account activity including:

  • Online Statements
  • Batch Details
  • Deposits
  • Chargeback & Retrieval Activity

Additionally, NWPSolution provides the following benefits:

  • Simple and clear monthly statements
  • Fully disclosed fees and agreement terms
  • Automatic or manual batch
  • Fraud monitoring services to minimize potential losses
  • Assistance in resolving disputed transactions

 

Merchant Services

Northwest Processing Solution provides an avenue for merchants to accept and process Visa and MasterCard sales transactions.  Once processed, the funds are directly deposited into the merchant’s checking account.  All major credit cards are processed 24-hours a day, every day of the year:  Visa, MasterCard, American Express, Dinners Club, Discover, and JCB. Transactions involving these cards are efficiently processed on all major processing networks.

Northwest Processing Solution provides all the supplies that a member business would need for acceptance of this type of payment. If a business does not have the necessary equipment for electronic capture, NWPSolution services will rent, lease, or sell the equipment to them.

They also have the ability to provide a point of sale check service and E-commerce solution. In essence, this converts the paper check into an electronic transaction.  With E-Commerce Solution, a business owner is able to transact online.


It banks to partner with Northwest Processing Solution

Northwest Processing Solution provides an added value service to merchants, with the retention of business accounts and the continued ability to provide merchant account bank services.  This program provides additional revenue to your bank or credit union, a reduction in overhead and risk, and expertise in merchant services.

The Bank Partnership Program offers flexibility to all its participants, while providing a competitive program that is tailored to your specific needs.  The following relationships are available under the Credit Union, Bank Partnership Program.


Merchant Account Conversion Program

This program is designed for banks and credit unions currently using another referral partner, but choosing to change their relationship. This merchant account program provides for revenue sharing on the monthly transaction of the existing merchants that convert. Northwest Processing Solution is positioned to assume all of the portfolio's risk. There is no application fee to your merchants when they convert. For new referrals, this program offers a one-time fee on approved accounts and shared revenue on the credit card transactions of all merchants.


Merchant Services Expansion Program

Northwest Processing Solution has different programs to share profits with financial institutions. These programs are available to Credit Unions and banks that wish to be in the merchant account processing business, and choose to partner with Norwest Processing Solution. NWPSolution will issue the partnering financial institution a specific bank identification number designed for all accounts referred by that financial institution.  NWPSolution will complete the whole sales cycle and provided all the necessary customer service and technical support.