National Transaction Corporation Market Research Report
Company Overview
Name
National Transaction Corporation
Mission of the Company
To deliver effective cash flow solutions to businesses across North America, enabling businesses to satisfy customer demand for card payments with premium quality merchant account solutions.
Foundation Details
- Founded: 1997
- Founder: Mark Fravel
Key People
- Founder/CEO: Mark Fravel
Headquarters
11951 NW 37th Street, Coral Springs, FL 33065, USA
Number of Employees
No information is available
Revenue
No information is available
What the Company is Known For
- Providing merchant account services
- Specializing in payment processing and financial technology
- Serving diverse clients including retail, e-commerce, travel, charities, and more
Products
Product Offerings
1. Payment Processing
- Description: Solutions for credit card and electronic check processing with merchant accounts.
- Key Features:
- Support for credit and debit card transactions
- EBT card processing
- Mobile processing with card readers
- Secure and reliable transactions
2. Loans & Funding
- Description: Various financial products tailored to support business capital needs.
- Key Features:
- Business loans
- Merchant cash advances
- Small business funding
- Easy application process and fast access to funds
3. e-Commerce Gateways
- Description: Custom integrations for e-commerce payments and a gateway API to handle complex processing needs.
- Key Features:
- Flexible interaction for all transaction types
- Dynamic currency conversion
- Recurring payments support
4. Mobile Payment Processing
- Description: Flexible solutions to accept card payments via smartphones and tablets.
- Key Features:
- Supports major card networks
- Easy-to-use interface
- Secure transactions with encryption
5. Gift and Loyalty Cards
- Description: Solutions for incentivizing customer repeat buying and engagement.
- Key Features:
- Gift card issuance and management
- Loyalty rewards programs
- Enhanced brand promotion and customer retention
6. Electronic Check Service (ECS)
- Description: Enables electronic check processing at speeds similar to card transactions.
- Key Features:
- Fast access to funds
- Secure processing
- Cost savings compared to traditional check handling
Recent Developments
What are the Recent Developments in the Company
- Mobile Device Payment Solutions
- Description: Enhanced mobile payment solutions with readers that plug into tablets or smartphones.
- New Features: Supports contactless payments and multiple security protocols.
- E-Commerce Gateway Enhancements
- Description: Improved dynamic currency conversion and integration with modern web platforms.
- New Features: Seamless checkout experiences, support for recurring payments, and enhanced security features.
New Products Launched
- NTC ePay
- Description: An invoicing platform for easy and fast electronic billing.
- Features: Email invoicing with click-through secure payment pages, customized payment options, and company branding options.
- Merchant Cash Advance (MCA)
- Description: An alternative to traditional loans, allowing businesses to sell future card receivables for upfront cash.
- Features: Fast approval process, flexible payment terms based on receivables.
New Partnerships
- Elavon, Inc.
- Description: National Transaction Corporation is a registered MSP/ISO of Elavon, Inc., a wholly owned subsidiary of U.S. Bancorp.
This structured, information-dense report encompasses the key aspects of National Transaction Corporation, providing crucial insights into its operations, products, and recent advancements.
