North American Bancard

North American Bancard

North American Bancard was founded by Marc Gardner, who remains at the helm as CEO and majority owner. The firm started as a traditional merchant services provider and has expanded into a full-stack payment technology company. The company's business spans payment processing, hardware leasing, software integration, and data analytics for merchants ranging from small businesses to enterprise clients. North American Bancard operates through a direct sales force and a network of independent agents, offering services including credit card processing, gift card programs, and chargeback management. The firm's technology stack includes proprietary point-of-sale terminals and cloud-based reporting dashboards. North American Bancard is headquartered in Troy, Michigan, with additional offices in San Diego, California, and Salt Lake City, Utah, per public records. The company employs approximately 800 people and maintains a network of over 5,000 independent sales partners. No public disclosures about total annual processing volume or valuation have been made. A structural differentiator is North American Bancard's ownership model: it is one of the largest privately held payment processors in the United States, controlled entirely by its founder rather than private equity or a publicly traded parent. The firm has never raised outside institutional capital, allowing long-term reinvestment in its technology stack.