National Bankcard Inc Review

Rates and Fees
Truth in Advertising
Consumer Reviews
Customer Support

Best for

e-Commerce and brick-and-mortar businesses

Specializes in

Mobile, terminal, POS, and online payment processing.

Pricing Summary

Setup Fee: $0

Monthly Fee: $5

Swipe Rate: 0.25%+$0.19 (Debit) ; 1.58%+$0.19 (Credit)

Keyed-in Rate: 0.85%+$0.19 (Debit) ; 1.99%+$0.19 (Credit)

Early Termination Fee : $0

Contract Terms:

3 Years
Visit National Bankcard Inc

Founded in 2007, National Bankcard resells the payment processing contracts of iPayment and Total Merchant Services.

A standard contract with National Bankcard entails a three-year agreement with no Early Termination Fee, the option of tiered or interchange-plus pricing, as well as free processing equipment for mobile and terminal transactions.

National Bankcard Inc Overview


National Bankcard is a merchant account provider that resells the financial service contracts of companies iPayment and Total Merchant Services. The firm is headquartered in Melville, New York, where it neighbors several other merchant provider companies' headquarters. 

The company was founded in 2007 and has Jonathan Monge listed as its current CEO. National Bankcard is a registered ISO of Wells Fargo Bank in Walnut Creek, California.

Quick Facts

Head Quarters

Melville, NY

Year Founded



Jonathan Monge



Merchant Provider Risk Tolerance

What We Like

Works with businesses with a physical location and those in e-commerce.

No early termination fee.

No setup fee.

Free processing equipment for mobile and terminal transactions.

Different pricing options are available.

What We Don't Like

Has a monthly fee.

Three year contract terms.

Employs independent sales agents.

Public pricing is not available.

Does not disclose all terms.

Industries Served

  • Clothing & Apparel
  • Convenience Store
  • Electronics
  • Gas Station
  • Healthcare
  • Marketing Agency
  • Moving Companies
  • Personal Service
  • Property Management
  • Restaurant / Bar
  • SAAS
  • SEO & SEM Services
  • Thrift Store
  • Travel
  • Web Design Services

Business Types Served

  • Ecommerce
  • High Volume
  • Information
  • Low Risk
  • Mobile
  • Mom & Pop
  • MOTO
  • Online
  • Retail / Card Present
  • Small Business
  • Wholesale

National Bankcard Inc Products & Services


National Bankcard’s products are all centered around equipping merchants with the ability to accept mobile, POS, terminal, and online payments. 

Its POS processing service is advertised to integrate with Quickbooks and over 200 other apps in the Clover Marketplace. The company also advertises providing free equipment for merchants to process mobile and terminal transactions.

National Bankcard Inc Payment Processing

  • Credit Card Processing
  • Debit Card Processing
  • eCheck & ACH Processing
  • Gift & Loyalty Program
  • Online Payments
  • Payment Gateway
  • POS Equipment

National Bankcard Inc Billing & Invoicing

  • Mobile Payments
  • Online Payments
  • Payment Processing

National Bankcard Inc Advertising & Sales

National Bankcard relies primarily on SEO and independent sales agents to conduct its marketing to merchants. Although it is common for merchant processors to receive a larger number of complaints when employing independent sales agents or a “nationwide referral program,” National Bankcard actually has a low number of complaints in this area. This could indicate that the company does not use aggressive sales tactics or misrepresent its terms and fees. 

Truth in Marketing

Discloses All Important Terms


Public Pricing Available


National Bankcard Inc Pricing, Rates & Fees


National Bankcard appears to be very upfront with their pricing and provides a link on its website's homepage for merchants to get a price quote for service directly. 

Contract pricing varies depending on the merchant’s unique business model and situation, however, National Bankcard does provide the following general pricing offers on its official website:

  • “Free credit card terminal ($300 Value)”

  • “Free card reader to process transactions on the go”

  • “No setup fees for online payment processing”

  • “Processing rates from only 0.25%”

Pricing at a Glance

Pricing Model

Interchange PlusTiered Pricing

Swiped Rate

0.25%+$0.19 (Debit) ; 1.58%+$0.19 (Credit)

Keyed-in Rate

0.85%+$0.19 (Debit) ; 1.99%+$0.19 (Credit)

Mobile Payment Rate

Virtual Terminal Rate

1.00% - 4.99%

Monthly Fee


Payment Gateway Fee


Batch Fee


Early Termination Fee


PCI Compliance Fee

$79 Per Year

Equipment Lease Terms

$0 - $300

Address Verification Service (AVS)

Application Fee

Account Setup Fee


Gateway Setup Fee

$8.00 Per Month

Annual Fee

Monthly Minimum


Statement Fee

$5.00 - $7.50

National Bankcard Inc Contract & Terms

A standard contract with National Bankcard is a three-year agreement with no Early Termination Fee (ETF.) Additional upfront fees include a Monthly Minimum Fee of $25/month, a $79 PCI Compliance Fee paid annually, and a Monthly Statement Fee of $7.50/month. 

The firm offers contracts with either tiered pricing or - the more transparent - interchange-plus pricing structure.

Contract Length

3 Years

Early Termination Fee


National Bankcard Inc Setup & Support


Setup Highlights

  • Documentation / Knowledge Base
  • Live Online (1-on-1)

Support Highlights

  • Domestic Phone Support (Business Hours)

National Bankcard Inc Complaints, Ratings & Reviews

National Bankcard Inc is accredited with the Better Business Bureau and currently maintains an "A+" rating on its New York State BBB profile for the past 8 years. The firm also has has a 4.9/5 star rating on TrustPilot based on a healthy 2,782 reviews.

We have, however, located about 10 complaints against the firm, some of which criticize the firm for placing a hold on transaction funds, making it difficult to cancel service, and for not disclosing all fees.

Overall, National Bankcard shows stronger customer satisfaction than many of its competitors.



A+(20 complaints)


4.7 Stars / 548 Reviews




3 Stars / ‎4 Reviews


Total Online Reviews


Total Online Complaints




National Bankcard Inc Alternatives


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