Seeking Independent Sales Representatives

Who Desire To Expand Their Revenue With Recurring Residual Commissions

If you have any questions, call (800) 838-9598 Ext 102

Contact for Information

Are you an experienced sales professional? Are you already an independent agent that successfully sells business insurance or similar recurring revenue products? With the problems in the economy today, are you looking for an extra source of revenue that can be marketed to businesses right along with your current products? Then you should seriously consider becoming an Independent Sales Representative (ISR) with Ignite Payments-Fairmed/Fairmed, Inc.

Join Today
Download and complete the ISR Application Package and fax to (714) 838-8032

Independent Sales Representative Application Package

Since 1993...

Fairmed, Inc. has been successfully serving the needs of its customers since 1993. Fairmed is a certified SB and DVBE enterprise (Small Business & service-connected Disabled Veteran Business Enterprise). With our many years of experience, we can provide all of the credit card processing and merchant services that a business may require.

All Fairmed, Inc. sales people are ICs (Independent Contractors) and are paid straight commission on the 25th of the month following the month their portfolio of merchants monthly processing has closed out. You are provided voluntary training opportunities online, but are not supervised or given any direction as to hours, days, or locations. You work your own plan as an independent sales representative.

Unlike other large banks and processors, we are looking for seasoned professionals who are experienced and comfortable with contacting people and the sales environment. We do not follow the industry standard of "burn and churn." This business and its revenue model will not work and are unfair to such people. It is a great opportunity for those who are already working in sales, have established relations with local business, and are not dependent on having immediate income. We have a vested interest in your success.

Don't be a deer in the headlights (caveat emptor)

We will teach you what you need to know to be successful. However, you have to have some level of comprehension, drive, and self-motivation. If you do not have these basic motivational traits and mental acuity - failure is all but certain. Our winners make more than $250,000 a year, but do not let that figure dazzle you! Our winners earn it by providing the best possible service for their portfolio (merchant base) and are "on-call" 24/7 for their merchants. If you can’t be dedicated to your merchant base at this service-level, success is not on the horizon. These merchants work hard to see their business grow and you need to be their processing partner, equally dedicated to their success.

Join Today
Download and complete the ISR Application Package and fax to (714) 838-8032

Independent Sales Representative Application Package

How commission is measured

GPR = Gross Processing Revenue. You might call it our agency’s gross commission on a merchant account’s monthly Visa/MasterCard processing. Our business model is like many that are profit based! If you write a merchant account that is too lean and the profit is minimal, the GPR can be a very small percentage of the merchant’s gross Visa/MasterCard processing:

GPR example = .005 of their Visa/MasterCard total monthly processing is considered very lean and if a merchant does $100,000 a month written at .005, the GPR is only $50/month. This is not the Discount Rate (.005) but the net profit on the merchant’s Visa/MasterCard processing volume.

Who gets the majority of the processing money from the merchant?

The issuing bank—who handed the consumer the credit card—gets the majority of the fees a merchant pays to Visa and/or MasterCard.

What about terminals?

You buy the terminals from us at our REAL COST plus 10% for handling. We accept Visa, MasterCard and AMEX. Payment is expected before we order the terminals, as once ordered the 1 year factory warranty starts and they are not returnable unless defective out-of-the-box.

Join Today
Download and complete the ISR Application Package and fax to (714) 838-8032

Independent Sales Representative Application Package

Choose between three commission plans

  1. Fast Track (30% of the GPR payout) - you already have great relationships with your business clients, trust built up and they know your service is extraordinary.

    (a) We guide you through the analysis of the merchant statement you obtain
    (b) We do the online paperwork to obtain an "exception" (permission to quote)
    (c) We provide a quote for you to present to your client within 48 hours
    (d) We download the equipment for you and sent it in a plug and play condition

  2. Standard Track (40% of the GPR payout) - you already have great relationships with your business clients, trust built up and they know your service is extraordinary.

    (a) We guide you through the analysis of the merchant statement you obtain
    (b) We download the equipment for you and sent it in a plug and play condition

  3. Independent Track (50% of the GPR payout) - you already have great relationships with your business clients, trust built up and they know your service is extraordinary.

Bonuses

From time to time we are offered bonus programs. Factory incentive/bonus programs are paid to the Independent Sales Agent at a rate of 75% - regardless of your commission plan.

Join Today
Download and complete the ISR Application Package and fax to (714) 838-8032

Independent Sales Representative Application Package

Fee

There is an initial fee of $500 for a new ISR to help defray startup, orientation, and training costs. This fee is waived for all military veterans.

Start-up period

The following flow chart accurately reflects the average time until you can expect the first commission. Obviously, many variables can affect this but anticipating 20 weeks until the first commission check is a realistic timeline. This is why we are looking for established professionals that are interested in expanding their business and branching out to a new source of residual income.

Flowchart of Fairmed Inc anticipated commission timeline

COMMISSION EXAMPLE: IC Portfolio volume $5.5M in Visa/MasterCard processing = approximately $1,700 in commissions ($20,400/YEAR), depending on the profitability of the portfolio. These are recurring commissions for the life of the merchant, providing the IC is maintaining the account.  There is no limit to growing your portfolio.

Background check: We deal with confidential information from our customers. You will undergo a background check for any felonies and or incarceration time. Either of the foregoing and/or other issues may disqualify you from participating in this opportunity.

Agreement: Once accepted you will be on your own and you must voluntarily seek any advice or guidance. You will be expected to sign an IC agreement, as well as some initial paperwork. We do not restrict your earning income from any other source while you are engaged with us as an IC.

Diversity: We encourage diversity and respect people who can speak a foreign language and have possible connections local businesses, as that is a great target customer base. However, our internal paperwork and communications are in English. Also, you must have a good working use of mathematics. There are no restrictions, except to pass the background check and meet the criminal screening parameters of a Third Party!

Start-up location: You will be working from a location of your own choosing and paying your own expenses; however, to succeed, the following tools are strongly recommended:

  1. Computer with high-speed internet access
  2. Telephone, fax machine or service
  3. Reliable transportation.

Since we are looking primarily for experienced professionals who already have a business, these should already be in place and therefore present no problem.

If you meet the above recommendations, submit an application, pass the background checks, and subsequently sign as an independent contractor, here are the guidelines we recommend following for success in this business.

If you feel you meet all these criteria, can follow the guidelines for success, and you are interested in earning increased residual income, potentially substantial income, download our application by clicking the application link below.

Join Today
Download and complete the ISR Application Package and fax to (714) 838-8032

Independent Sales Representative Application Package

 

 

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