A Merchant Services ISO (Independent Sales Organization) Program is an ideal business arrangement which allows independent entities to supply and sell merchant services with... moreA Merchant Services ISO (Independent Sales Organization) Program is an ideal business arrangement which allows independent entities to supply and sell merchant services with respect to a more substantial financial institution or payment processor. This system enables individuals or businesses to act as intermediaries, facilitating the acceptance of electronic payments for merchants. Listed below are eight key areas of a Merchant Services ISO Program:Merchant Services ISO Programs are built on partnerships between ISOs and financial institutions or payment processors. ISOs act because the sales arm, promoting and selling the services of the more expensive entity. In return, ISOs receive commissions or revenue sharing based on the sales they generate.Successful ISO programs provide comprehensive sales and marketing support for their partners. This may include training programs, marketing materials, and ongoing assistance to simply help ISOs effectively promote merchant services to potential clients. The... less
