Heterogeneous iron/persulfate system suffers from the problems of high ion leaching, severe catalyst surface corrosion and low performance stability. Herein, a series of iron compound incorporated N doped biochar composite catalysts were prepared from pyrolyzing wood powder and ferric ferrocyanide mixture, which were used for bisphenol A (BPA) degradation in water through peroxymonosulfate (PMS) activation. It was found that the reducing gases released from wood powder at different pyrolysis temperature significantly affected the crystalline phase of the iron compound in the catalyst, in which pure phase iron carbide (Fe3C) decorated N doped biochar was obtained at pyrolysis temperature of 600 °C or higher. Wood powder was introduced as both Fe3C formation inductive agent and biochar precursor. Fe3C/biochar exhibited optimal BPA degradation performance, in which 0.5 g/L of catalyst could completely degrade 0.05 mM BPA within 30 min. Radical, high valent iron-oxo, and non-radical species were all generated in the reaction system by both Fe3C and N doped biochar, respectively. Moreover, the multi-valence nature of Fe in Fe3C enabled the reaction system with remarkably reduced Fe ion leaching and negligible iron sludge production since Fe3C could activate PMS through a heterogeneous mechanism. Having multiple active species generated for BPA degradation, the prepared catalyst also showed promising adaptability and recyclability. This study can provide a new solution for the design of iron based catalyst/PMS system for organic pollutant degradations with low ion release.