Select Bankcard
Select Bankcard is a merchant services provider who is directly connected with acquiring banks. Their relationship and integration with the banks cuts out middlemen, saving you money on every card transaction that they handle. LoanPro has partnered with Select Bankcard to offer the best processing options to our customers.
Using Select Bankcard
Because Select Bankcard works directly with acquiring banks, they don't charge you the additional fees that other providers like to add on. Instead, their interchange rate comes straight from the card brands, so you get the best pricing without the middleman fees.
Another benefit comes from their personalized integration with LoanPro. Since they're used to partnering with lenders, it's easier to get approved than it would be with other merchant services providers. They also have a support team ready to assist both before and after activation, meaning you'll get help configuring your connection with them, and ongoing support as you continue to use them, like with handling payment disputes.
Their service includes a representative dedicated to support LoanPro clients, making for a simple and seamless experience.
Next steps
Now that you know how Select Bankcard works, you'll want to learn how to sign up with Authorize.net or Cybersource and create payment processors with them.
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