Top Ten Reasons Why Members Choose COCARD

  1. Maximize Income: COCARD offers the highest percentage/split in the industry, along with leveraged buy rates from top processors and preferred pricing from third-party vendors. 

  2. Strength in Numbers: Members have control and ownership of revenue, as well as the security of knowing that their income will be protected.

  3. Multiple Platforms: Our wide range of platforms includes First Data Omaha, First Data North, First Data Buypass/Concord, TSYS, Global, processing, and WorldPay.

  4. Guaranteed Equality: COCARD’s operating agreement protects all members and guarantees equality between all member offices.

  5. Non-Exclusivity: COCARD will not force members to send business through COCARD. 

  6. Ownership: Members have an ownership interest in the company, with the future option to cash out at an attractive multiple. 

  7. Exit strategy: Members can include their merchant portfolio on a “tag along” provision in any future capital transaction.

  8. Be a Stakeholder: COCARD members can be owners themselves, rather than just another ISO. Our member offices can help shape policy from within. Board seats and committee positions are available for high performers. 

  9. Succeed Together: Our members are invested in each other’s success, so we share ideas, resources, and value-added products. 

  10. Transparency and Trust: COCARD is a true democracy and is the only owner-operated organization of its kind in the industry. Board minutes, contracts, pricing, P & L’s, and residual reporting are all made available openly to our members.

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