Merchants Bancard Network

What Merchants Bancard Network does

Merchants Bancard Network (MBNCard), operating as MBNCARD, Inc., is a US-based family-owned merchant services provider and Independent Sales Organization founded in 1991 by CEO Jerry Cain. Headquartered in Las Vegas, Nevada with a team of 11-50 employees, the company delivers payment processing and merchant services primarily to small and mid-sized US merchants across retail, restaurants, nonprofits, omnichannel/enterprise, and hard-to-place verticals. Its product stack centers on three flat-rate processing tiers—In-Person POS at 2% + $0.10 per transaction ($10/month), Card Not Present at 3% + $0.20 ($20/month), and the proprietary DuoPricing Cash Discount Program at 0% ($25/month)—together with a virtual terminal and payment gateway supporting online, phone, mobile, and in-store payments.

The technology layer is built primarily on partner platforms rather than proprietary processing rails: MBN supplies Clover, Dejavoo, ChargeAnywhere, and SwipeSimple POS hardware, integrates with major e-commerce platforms (Shopify, WooCommerce, BigCommerce, Magento, Wix, PrestaShop, Volusion, OpenCart, 3dcart), and connects to QuickBooks for accounting. Underlying transaction processing is enabled through registered ISO relationships with Citizens Bank N.A., Westamerica Bank, and Esquire Bank NA. PCI compliance support is bundled, and the company is listed in the Visa Global Registry of Service Providers. All underwriting, deployment, customer service, and tech support are operated in-house. No API, SDK, mobile app, or AI/ML capability is offered; the company's primary differentiator is the DuoPricing cash discount model that lets merchants effectively pass card processing costs to card-paying customers.

The business model combines transaction-based percentage fees, recurring monthly service fees ($10-$25), hardware sales (with free-equipment programs), and a channel-revenue layer generated through the ISO/Agent Program offering lifetime residuals and upfront bonuses, plus affiliate and referral partner programs. Distribution is hybrid: direct sales via website and phone for SMBs, augmented by a sales-led field network through ISO agents and affiliates. Revenue is dependent on merchant transaction volume flowing through sponsor banks rather than on software licensing ARR. The company has not raised institutional funding, has no parent company, and operates as an independent, multi-generational family business.

Name

Merchants Bancard Network

Legal name

MBNCARD, Inc.

Website

https://merchantsbancard.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Merchants Bancard Network (MBNCard) is a family-owned US merchant services provider founded in 1991, delivering payment processing, POS equipment, cash discount programs, and small business loan referrals to SMBs across retail, restaurant, nonprofit, and omnichannel verticals via direct sales and an ISO/agent partner channel.

Ownership category

akta.pro rank

Product category

Payment Processing Services

akta.pro primary industry

Card-Present Acquirers (Retail & POS Focus) (FSAMABAC)

akta.pro secondary industry

Merchant Acquiring & Card Processing (PSPs) (CRAFALAB)

Keywords

• Payment processing services
• Merchant card services
• POS equipment sales
• Cash discount program
• Merchant account services

Headquarters

HQ city

Valencia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Transaction Processing Fees: Percentage-based fees charged on each transaction processed, with rates varying by payment type (in-person, card-not-present, cash discount). In-person POS processing at 2% + $0.10 per transaction; Card Not Present at 3% + $0.20 per transaction.
2. Monthly Service Fees: Recurring monthly fees for merchant account services: $10/month for in-person POS, $20/month for card-not-present, $25/month for DuoPricing cash discount program.
3. POS Equipment Sales: Sale of payment terminals and POS equipment from brands including Clover, Dejavoo, ChargeAnywhere, and SwipeSimple. Equipment programs available including FREE equipment options.
4. Cash Discount Program: Merchants using DuoPricing cash discount program pay reduced or zero processing fees while customers receive discounts for cash payments.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Merchants Bancard Network (MBNCard) is a US merchant services provider that processes credit, debit, EMV chip, contactless, gift card, and mobile wallet payments for retail, restaurant, online, and mobile merchants through in-person POS, card-not-present, and a proprietary DuoPricing cash discount program. The company resells Clover, Dejavoo, ChargeAnywhere, and SwipeSimple POS hardware, operates a payment gateway and virtual terminal for e-commerce and phone orders, and distributes its services through direct sales plus an ISO/Agent, affiliate, and referral partner network.

Product overview

MBNCard (Merchants Bancard Network) is a payment solutions provider offering a unified merchant services platform built around three core pricing tiers: in-person point-of-sale processing (2% + $0.10), card-not-present processing (3% + $0.20), and the DuoPricing Cash Discount Program (0% with $25 monthly fee). These core processing products are complemented by a Virtual Terminal & Payment Gateway for online and phone payments, POS Equipment sourced through partner brands (Clover, Dejavoo, Charge Anywhere, SwipeSimple), Gift Cards, Small Business Loans, and Hard-to-Place Merchants services. The company also operates industry-specific verticals for restaurants and retail, plus omnichannel/enterprise solutions, all connected via e-commerce platform integrations (Shopify, WooCommerce, BigCommerce, Magento, etc.) and QuickBooks accounting integration. MBN offers partner programs for ISOs, agents, and affiliates.

Differentiator

Problem solved

Functional benefit

Products and services

• In-Person Point of Sale Processing Standard in-person payment processing service priced at 2% + $0.10 per transaction with a $10 monthly fee, supporting EMV chip, contactless, swipe, and mobile wallet payments at a physical retail location, bundled with in-house support, free PCI compliance, and next-day funding.
• Card Not Present Processing Payment processing for card-not-present transactions such as phone orders, mail orders, and online checkouts, priced at 3% + $0.20 per transaction plus a $20 monthly fee.
• DuoPricing Cash Discount Program DuoPricing is MBN's proprietary dual pricing program that allows merchants to advertise two prices (cash and card) and pass card-processing cost to customers who pay with cards, priced at 0% + $0.00 per transaction plus a $25 monthly fee. Approval is required.
• Virtual Terminal and Payment Gateway Web-based virtual terminal and payment gateway solution that lets merchants manually enter card transactions from any computer or mobile device, process invoices, and manage recurring payments without hardware, integrated with hundreds of e-commerce platforms and QuickBooks.
• Mobile Payment Processing Mobile payment solutions that allow merchants to accept credit card payments on the go using a smartphone or tablet paired with hardware such as Clover Flex, ChargeAnywhere Chipper, or Dejavoo Z9 wireless terminals.
• Retail Store Payment Processing Point-of-sale payment processing package tailored for brick-and-mortar retail stores, including inventory management, product tracking, and integration with online stores.
• Omnichannel and Enterprise Payment Solutions Enterprise-level payment processing enabling merchants to accept payments across retail, online store, phone, invoicing, social media, and text from a single unified merchant account with consolidated reporting.
• Restaurant Payment Solutions Restaurant-specific payment processing bundle featuring table management, kitchen display system (KDS) integration, menu customization, split-check capability, pre-authorizations, and integrations with Grubhub and Google for online ordering.
• Retail Payment Solutions Retail-specific payment processing bundle combining POS system integration, inventory management, payroll, scheduling, and sales tracking for brick-and-mortar retail businesses.
• Small Business Payment Solutions Payment processing bundle targeted at small businesses, combining POS equipment, staff scheduling, appointment booking, inventory management, and online sales integration.
• POS Equipment Hardware and POS equipment resold through partnerships with Clover, Dejavoo, Charge Anywhere, and SwipeSimple, including terminals, mobile card readers, and full point-of-sale systems, available to merchants with free equipment program options.
• Gift Cards Gift and loyalty card program enabling merchants to offer branded gift cards to customers as an additional revenue and retention tool integrated with their MBN merchant account.
• Small Business Loans Commercial lending service that matches merchants with third-party lending partners (banks, financing companies, leasing companies) for pre-qualified loan offers, facilitated through MBN's technology and advertising platform.
• Hard-to-Place Merchants Specialized merchant account services for businesses that are considered high-risk or difficult to place with standard payment processors, providing underwriting outside the standard application funnel.

Quantifiable outcome

• Merchants using DuoPricing can pay as little as $0 for processing fees
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration21 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Citizens Bank, N.A.coreChannel Partner/ Reseller/ DistributorMBNCARD, Inc. is a registered Independent Sales Organization of Citizens Bank, N.A., Providence, RI. This allows MBN to offer merchant services under the bank's sponsorship.
• Westamerica BankcoreChannel Partner/ Reseller/ DistributorMBNCARD, Inc. is a registered Independent Sales Organization / Service Provider of Westamerica Bank, Santa Rosa, CA.
• Esquire Bank NAcoreChannel Partner/ Reseller/ DistributorMBNCARD, Inc. is a registered Independent Sales Organization / Service Provider of Esquire Bank NA, Jericho, NY.
• Clover Network, LLC (First Data Corporation)coreTechnology or IntegrationMBN offers Clover POS equipment and solutions. The Clover name and logo are owned by Clover Network, LLC, a wholly owned subsidiary of First Data Corporation. MBN provides Clover hardware and integrates with Clover ecosystem.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• North American Bancard: One of the largest independent ISOs in the US offering merchant services, POS equipment, and cash discount programs to SMBs through a direct + agent channel. Highly comparable to MBN in product mix, target customer, and ISO sponsorship model.
• Helcim: Direct SMB-focused payment processor and merchant acquirer offering transparent interchange-plus pricing and POS/gateway tools. Competes with MBN on transparent-pricing messaging and SMB targeting.
• Dharma Merchant Services: Independent merchant acquirer focused on transparent interchange-plus pricing for SMBs across retail, restaurant, and e-commerce. Matches MBN in product scope, customer segment, and independent ISO positioning.
• Payment Depot: Interchange-plus merchant services provider selling directly to SMBs with transparent pricing and equipment bundles. Closely comparable to MBN's in-person POS product, pricing, and distribution model.
• Stax (formerly Stax Payments / Fattmerchant): Subscription-style merchant services provider targeting SMBs with flat-rate or unlimited-processing pricing models. Overlaps with MBN on transparent pricing and direct-to-merchant sales motion.

Others

• Clover Network (Fiserv): Fiserv-owned POS platform whose hardware MBN resells. While a technology partner rather than direct competitor, Clover's direct-to-merchant channel competes with MBN for the same SMB POS and processing wallet.

Broad incumbents

• Heartland Payment Systems (Global Payments): Large US merchant acquirer and ISO-like channel program offering POS, payments, and SMB lending. Comparable as a scaled acquirer operating through direct + agent channels in the same verticals as MBN.
• Square (Block, Inc.): Public SMB payments and commerce platform offering hardware, software, and processing as a bundle. A much larger incumbent that competes head-on with MBN in SMB card-present processing.
• Paysafe: Global payments provider with SMB and SMB-adjacent merchant services including card-present processing and SMB lending. Comparable in product breadth and merchant-segment focus to MBN's omnichannel offering.
• Stripe: Global internet-first payments platform serving SMB through enterprise. While online-leaning, Stripe's POS and Terminal products increasingly overlap with MBN's SMB and omnichannel positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mbnsales
• Facebookfacebook.com/merchantsbancardnetwork
• LinkedInlinkedin.com/company/merchants-bancard-network

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Merchants Bancard Network