North American Bancard Review: Pricing, Ratings, and the Rebrand to North

If you searched "north american bancard" and found a company called North, you're in the right place. NAB announced its rebrand to North in August 2024, and the company's own blog confirms it "rebranded to North in 2024." Legally, North is a registered DBA of NorthAB, LLC, which operates as a registered ISO of BMO Bank N.A., Citizens Bank N.A., The Bancorp Bank, FFB Bank, and PNC Bank N.A.

Importantly, North American Bancard did not shut down. As of September 2026, nynab.com still markets products — including the Edge Program, their flat-rate-plus-cash-discount offering — under the North American Bancard name, while north.com sells under the new brand. If you're comparing quotes, know that both names lead to the same organization, alongside its Payanywhere hardware and software line.

Two details worth reading carefully. First, thekeyed-rate premium: 3.49% + $0.19 applies not just to manually keyed cards but to virtual terminal, invoice, and recurring transactions on Payanywhere — a meaningful jump from 2.69% if much of your volume arrives that way. Second, "free" equipment is free placement: Payanywhere's pricing page offers devices as free placement or for purchase (purchase prices aren't listed on the page). Placement means you're using the hardware, not that you've been given it — ask what happens to the device if you leave.

To see how flat-rate pricing like this stacks up against interchange-plus, tiered, and subscription models across the industry, ourcredit card processing fees comparison walks through each model with published rates side by side.

The core difference is the pricing model. North publishes flat rates — 2.69% in-person regardless of what card is used. Payment USA uses interchange-plus pricing, which separates the card network's actual cost from our markup so you can see both on every statement. Flat rates are simpler; interchange-plus is more transparent, and for many businesses it prices individual transactions below a flat 2.69%. Which model wins for you depends on your card mix and volume — which is exactly why we offer a free statement analysis: send a recent statement and we'll show you what your real numbers look like under each model.

On terms, Payment USA has no long-term contracts and no cancellation fees. We can't tell you North's contract terms — those come from the merchant agreement you'd sign — but the review record above is a good argument for reading any processor's cancellation terms closely, ours included. Our full processor comparison puts these differences side by side with other major providers.

For sales agents comparing programs: North's partner page describes ISV, ISO, and financial-institution tracks with APIs, fast merchant approval, and merchant-facing perks — but as of September 2026 itpublishes no commission splits, residual percentages, or signing-bonus numbers. So we won't claim our compensation beats theirs; we can't verify theirs, and neither can you from their public pages. What we can say is what our agent program publishes about itself, in writing, before you commit.