Percentage of Public Organizations 0%. Description: Founded in 1963, Mary Kay is a multilevel marketing company offering beauty products, such as skin care, cosmetics and fragrances. Key Takeaway. The independent sales representative’s responsibilities include managing customer relationships, identifying networking opportunities, answering customers' questions, and finding new customers through cold-calling, emailing, and social media advertising. Possible sales job titles include Account Executive, Corporate Sales Account Executive, Financial Advisor, Financial Planner, Group and Events Sales Coordinator, or Regional Sales Executive. Income Earnings for Independent Manufacturer Sales Reps & Distributors, the results of our 2014 survey of 5,000 independent reps, reflects Independent Medical Sales Reps with a “Mixed Bag” of medical products top the charts. . Examples: The sales quota for the three reps working within a 100 mile region is $75,000. We offer turnkey ATM Placement & transaction solutions. Many operators of these independent ATMs are also considered Independent Sales Organizations (ISOs). The Electronic Transactions Association (ETA) is the world’s leading advocacy and trade association for the payments industry. Omega Processing Solutions, LLC is a registered ISO/MSP of Deutsche. If you are a merchant services agent, then you know that there are a variety of solutions that you can offer your merchants that provide benefits to both the merchant and yourself as an merchant service agent. IRIS CRM provides ISOs with the tools they need to automate and streamline their most common (and most time consuming) daily workflows. Here's what ISOs are, how they work and why you'd need one. You should also be able to implement effective sales strategies to continually meet or. About Direct Selling. A+ rated and industry leader. Independent reps serve as a company’s outside sales, marketing and customer service. The sole purpose of a contract sales organization is to provide sales resource to its clients, without taking title to their products. Field marketing organizations offer several benefits for independent agents. Real estate agents and insurance. RepHunter® SAMPLE INDEPENDENT SALES REPRESENTATIVE AGREEMENT Sales Representation Agreements save both the hiring sales manager and the independent sales representative many headaches by establishing clear guidelines, commission schedules and Independent Sales Organization (ISO) Third Party Processor (TPP) Data Storage Entity (DSE) Payment Facilitator (PF) Staged Digital Wallet Operator (SDWO) Digital Activity Service Provider (DASP) Token Service Provider (TSP) Terminal Servicer (TS) AML/Sanctions Service Provider 3-D Secure Service Provider (3-DSSP) Merchant Monitoring ISO stands for Independent Sales Organization. #4 #3 #2 #1 #5 #6 #7. The CRM software is specifically designed to streamline and enhance your sales and services process through better data management, and integration with other customers. October 13, 2021 There are many moving parts in the payment industry, and keeping track of everyone involved in processing a credit card transaction can be a difficult task, especially for newer merchants just getting started. A solid sales partner agreement that is legally binding makes sure there are results from the long-term relationship. It makes everything from. Whether a merchant enters into a merchant. While ISOs are not directly part of any bank or other type of financial institution, they will work with businesses to help them sign up to accept credit cards in exchange for a percentage of the. We refer. 6. 2. 123 Fake Street. IRIS CRM — the payments industry’s top customer resource management system — is mission-critical software for many top ISOs. Manufacturers representatives, commission-only sales reps, independent sales reps in all industries and territories. 888/889 where the Commission suggested the concept of an Independent System Operator as one way for existing tight power pools to satisfy the requirement of providing non-discriminatory access to transmission. Overall, they distribute insurance products for independent agents to sell to clients, while also supporting agents through contracting, training, education and offering sales and marketing resources. Next-Financing is fully aware of this. Drive your business to the next level with IMCO, a leading Medical Distributor Association. The public nature of Visa’s new U. Adept communicator able to immerse within varied markets, demographics, communities and. Mid-Sized Business. Undertaking the role of an independent sales representative requires many traits in-order to be successful, the most prominent of which is possessing an enterprising attitude, a desire to control your own destiny and a hunger for greatness. To appoint Distributors, Franchisee and Sales reps in your target market. gov and run quotes in the area you will be working to make sure your FMO/IMO/GA has these contracts. Available 24/7. This Independent Sales Organization Processing Agreement (“Agreement”) is entered into this 22nd day of August, 2022 (“Effective Date”), by and between eVance, Inc. Payment processing agents who operate through independent sales organizations; Enrolled agents; Real estate brokers and salespersons licensed under those brokers are allowed under the California Business and Professions Code to negotiate contracts that designate the salesperson as either an independent contractor or an. ISOs work on behalf of banks and card networks to set up new merchant accounts, acting as an intermediary between these entities and businesses that want to accept card payments . Finding a Good Quality White Label Payment. 1 The Clover name and logo are owned by Clover Network, Inc. 2 Retires 28 October • SDP Form due 30 Sept . In order to be successful, you need to sell the best products available for your area. If you’re a would-be ISO looking to begin selling payment processing, learning the ins-and-outs of the revenue-side of the game is a great place to start. In addition, it may not be an action organization, i. To be tax-exempt under section 501 (c) (3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501 (c) (3), and none of its earnings may inure to any private shareholder or individual. ppt / . In this article, we’ll explain what you. . A. It's helpful to first identify and analyze your sales skills, including your strengths and weaknesses. By working with an Official Clover Partner, you gain the confidence of knowing you will experience next-level technology, backed by the security and. Sales Associate. 100(d) and includes each agent, agency, branch, or office within the United States of, inter alia, commercial banks, trust companies, savingsIn California, a law called AB5 changed the rules for determining whether a worker is an independent contractor or an employee. These goals show the sales team where the business wants to go and how they can help get it there. [email protected]. It is a third-party trading organization that provides merchants with payment services. An ISO is generally a person or entity that is (1) approved by, andThe assembly line typically breaks down a sales force by function into three or four different groups: Lead Generation Team: Responsible for developing leads and gathering names, phone numbers, emails, and data. Pinnacle WebWorkz Inc. ISOs are alternatives for large banks, providing the same level of service for business owners. Becoming an independent sales agent (also called manufacturers reps) can be very lucrative if you have the drive and persistence to build your own business. Independent sales organizations are a key part of the payments industry. The PF may choose to perform funding from a bank account that it owns and / or controls. Independent sales organizations are arguably the easiest path into the industry for both outsiders looking to break in and insiders looking to strike out on their own. , inc. means an organization registered with Visa and sponsored by an acquiring bank to sell Visa card acceptance services; also refers to an organization that works with and does business under the name of such a registered ISO. You’ll earn a commission of 25–40 percent on items you sell, plus an additional commission from the sales of other people you recruit to sell for the company. ISOs have relationships with acquiring member banks, allowing them to provide merchant services to their customers. Aggressive in sales and marketing for all products. Unlike an acquirer, ISO’s are not card association members. The next step is to find a sponsor. Rosen Shingle Creek / Orlando, FL. Independent Sales Organizations 3. That’s $250 of monthly recurring income if you sign up. The term is derived from the merchant services and credit card processing industry but has evolved into business. We work with hundreds of ISOs across the nation to help clients handle payment processing in ways that truly benefit them. Questions? Concerns? Connect With Us. email@email. Independent sales rep here. ISOs are involved with things like terminal purchases or leases, customer service. An independent sales organization is an provider. 4. In lieu of true innovation or breakthroughs, ISOs and MSPs will face smaller. This year we congratulate AMAROK for earning the top spot for a second consecutive year in the Selling Power 50 Best Companies to Sell For list. Here are 10 large companies and small operations offering high-paying opportunities for independent consultants: 1. Jamya Patrick. 2 . On August 27, FinCEN issued FIN-2014-R009, an administrative ruling clarifying that Independent Sales Organizations (“ISOs”) and exempt payment processors are not money transmitters subject to Bank Secrecy Act (“BSA”) regulations applicable to Money Services Businesses (“MSBs”). We cover the West Coast, National Key accounts and provide service to: • Brick and Mortar stores • DistributorsAnd yet, Independent Sales Organizations (ISOs) and MSPs are rarely at the forefront of financial services innovation. They generally use a third-party payment processor to conduct the actual transactions. Settlement must be directly from the sponsor to the merchant. If you are considering a career in sales, here are a few tips on how to become an successful independent sales organization: 1. Small Business. It is similar to job boards where businesses advertise their requirements on Portal to find qualified individuals to promote their products or services on a commission basis. Resume Text. Tech companies often use monthly sales bookings as a prime metric to track the value of their wins. In fact, it might be a good idea to work with multiple sponsors and resell their products. , a wholly owned subsidiary of The OLB Group, Inc. Door to door pest control and security. Here’s a list of best practices to keep in mind: 1. S. And yet, Independent Sales Organizations (ISOs) and MSPs are rarely at the forefront of financial services innovation. Executive Vice President of Sales: Executive vice presidents of sales are responsible for overseeing all areas of the company's sales department such as training, marketing &. However, MedCepts has seen a growing trend for contract sales opportunities in medical device sales. . Customer Support: (800) 910-8375. MLM. It’s obviously a very exciting time when your outsourced commission-only sales team starts to grow, but it’s vitally important to be upfront and honest about the sales cycle of your products or services when speaking with potential reps about your opportunity. Percentage Acquired 1%. According to the FTC’s complaint, the. Don’t Micromanage. 7. Sales organizations need to. Our ISO program is flexible enough and focussed to help. A. 0 to co-create value with. Payment processing agent through an independent sales organization; Still photographer or photojournalist who does not license content submissions to the putative employer more than 35 times per year (does not apply to motion picture work) Services provided by a freelance writer, editor, or newspaper cartoonist who does not provide. Additional fees may apply to certain Clover apps, services or. DIRECT SALES COOKING & BAKING COMPANIES. Independent sales organizations are a key component of the overall payments ecosystem. The ISO, on the other hand, is not allowed to touch the funds. While all three can sign up new businesses and offer payment processing solutions, independent sales organizations operate more on the front lines. 2 /Adverse Information. An independent sales organization (or ISO) is a company that sells credit card processing services independently from a financial firm or bank. – Establishing both a merchant account as well as an Internet merchant account. New Accounts: (800) 610-4189. Win new customers - and strengthen existing ones. Its full suite of sales, productivity, and analytics tools. Independent Sales Organizations Partners. IRIS CRM — the payments industry’s top customer resource management system — is mission-critical software for many top ISOs. See who made the list. S. June 2014 Compensation & Benefits Review. AROMATHERAPY AND ESSENTIAL OILS DIRECT SALES. was founded in 1982 and is headquartered in Columbus, Georgia. In the United States government, independent agencies are agencies that exist outside the federal executive departments (those headed by a Cabinet secretary) and the Executive Office of the President. The top 50 insurance companies employ sales forces totaling 626,917 across the industry, with an average sales volume per salesperson of $2,105,212. ISOs help merchants, like IWorks, acquire merchant accounts with banks. Does this new requirement to record calls apply only to call. The ISO has an agreement to sell the services of the Bank or Bank/Processor alliance, and is allowed to mark up the Fees and sign up merchants. ISOs are third-party entities that serve as intermediaries between businesses and the payment processors or acquiring banks. S. 2% * $2500 = $5 + $0. And though most rent-a-BIN agreements assign all liability related to MasterCard rule violations to the sponsored acquirer, MasterCard will still look to the. It is a third-party payment processing company that is authorized to handle merchant accounts for businesses. Upon approval, the applicants must pay registration fees of $5,000 for every MasterCard Association. They may also use distributors or ISOs. 3. 27 Direct Sales Company Categories to Help You Find the Best for You. The Association of Independent Manufacturers'/ Representatives, Inc. This should define what the nature of the relationship is, as well as express the responsibilities and expectations of either party. You can become an independent sales rep from home with the following steps: 1. com. While it’s common knowledge that the self-employed earn more and eventually enjoy a better work/life. Follow these steps to grow your ISO business: 1. 2. As our ISO partner, you’ll enjoy competitive solutions, processing options, freedom of choice, comprehensive support, and vertically focused programs. Independent Sales Organization (ISO): An ISO is an Independent Sales Organization that represents a Bank or Bank/Processor alliance. - ISO - M CA HONEYTREE BANKCARD. Core Qualifications. ISO stands for Independent Sales Organization. Goal-oriented and achieving Independent Sales Representative driven by measurable contribution to company revenue. ” Encryption Support Organization (ESO) Performs cryptographic key In this scenario, your commission will be 0. Residuals are tiny slices of the fees charged to. Global business development, allowing you to profit from both domestic and foreign markets. An independent sales organization or direct lender must decide whether your firm requires a small business loan or a merchant cash advance before providing business funding. Retailers use Sales Associate for many in-store sales titles. Tech companies often use monthly sales bookings as a prime metric to track the value of their wins. Independent sales organizations are arguably the easiest path into the industry for both outsiders looking to break in and insiders looking to strike out on their own. 8Billion by 2023, with e-detailing in the US already at over $100Million. In order to be successful, you need to sell the best products available for your area. Today’s top 1 Independent Sales Organization jobs in United States. A. Independent Sales Organization. An ISO (Independent Sales Organization) is a third-party company that manages merchant accounts. A. Best Companies. , doing business as Electronic Cash Systems, is a registered Independent Sales Organization of Cal West Bank, Irvine CA. Independent System Operators (ISO) grew out of Orders Nos. and in more than a dozen countries around the world. They find and recruit new merchants and sell them processing and various services on behalf of major payment processors like TSYS, Worldpay, and BAMS. By working with a variety of these kinds of providers, an. Est. Location: Chicago, Illinois. ISO means Independent Sales Organization. Facebook; Twitter; Linkedin; Data Systems Inc. While giving preference to the independent sales organization over any other financial institution, merchants can benefit from the following: – Ability to buy or lease credit card processing equipment. ”The states with the most Selling Power 500 companies are California (63), New York (49), and Illinois (40). 1-800-725-1243. Account Sales Consultant. Our Certified Clover Partner Program is designed to ensure our merchants work with reputable Clover partners when purchasing Clover point-of-sale (POS) solutions to help grow their businesses. Independent sales organizations (ISOs) offer businesses an opportunity to work with a trusted, well-respected company–many ISOs have been in business for decades. 3 1. VIC Cosmetics sells makeup. An Independent Sales Organization is a sales force for hire used by acquirers that do not wish to staff and manage a sales force internally. ISOs Resell Merchant Services. ANTI-AGING DIRECT MARKETING AND SALES. Finding a Good Quality White Label Payment. Newest Companies. Independent Sales Organizations (ISOs) and Member Service Providers. Number of Founders 549. 2. Dealing with each of these individually, as well as recruiting more, is a huge task - so they outsource it to a trusted Independent Sales Organization. An ISO is generally a person or entity that is (1) approved by, andIndependent Sales Organization (ISO) may be a term that’s thrown around quite a bit within the payment card industry, however not always accurately. Our Certified Clover Partner Program is designed to ensure our merchants work with reputable Clover partners when purchasing Clover point-of-sale (POS) solutions to help grow their businesses. 7 . SPONSORSHIP AND SERVICES AGREEMENT . ISO Partnerships Becoming a Fiserv Independent Sales Organization (ISO) or FSP partner enables you to have more pricing flexibility when you choose to sell Fiserv. Independent Sales Organizations (ISOs) Point-of-Sale (POS) system providers;. 2% + $0. As an example, a large POS ISV (independent software vendor) that thought about becoming a PayFac decided the ISO model worked better for them – they wouldn’t need to build the payments stack and could use the WePay infrastructure on top. Here's what ISOs are, how they work and why you'd need one. An independent sales organization offers its internet merchant services through its partnerships with banks or other payment processors. You can become an independent sales rep from home with the following steps: 1. By providing us with a telephone number for a cellular phone or other wireless device. Take Walmart, for example: currently, 666 of their sales jobs titles contain “Sales Associate”. 2. Building a killer sales portfolio that ensures maximum returns on your investment of. This might not seem much, but you earn on every card transaction a merchant processes. And while some ISOs are better suited for certain types of. Sample 1 Sample 2 Sample 3. The nature of the relationships between and IMO and the insurance company it represents may differ slightly, but an IMO is essentially an intermediary between the insurance company and the financial advisor. The median annual salary for independent sales representatives is nearly $57,000, according to the Bureau of Labor Statistics (BLS). Finding a Good Quality White Label Payment Services Provider: Definition of an Independent Sales Organization. It also. ISOs are alternatives for large banks, providing the same level of service for business owners. Learn. t. Independent Sales Organization (aka ISO) is a term used within the payment industry to identify a individual or organization that is not an Association (Visa &. is a registered Independent Sales Organization of Wells Fargo Bank. Independent sales organizations are companies that partner with payment processors or more rarely banks to resell payment services directly to merchants. ISOs bridge the gap between providers and customers, offering sales, marketing and support services. Follow these steps to grow your ISO business: 1. Visas Global Registry of Service Providers - Independent Sales Organizations and Encryption Support Organizations - U. 3. Cell: 000-000-0000. 7) Cramer-Krasselt. INDEPENDENT SALES ORGANIZATION . Alignment. The Sales Associate job title is mainly used in retail. March 12. Visa Third Party Agent Program (Independent Sales Organizations / Encryption Support Organizations) Third Party Agents that perform solicitation activities (ISO) without touching cardholder data must be registered with Visa. An Independent Sales Rep, also known as a Manufacturer’s Rep, is an independent contractor paid on a commission basis to represent your service or product lines in a specific region. TSYS makes its partnerships with independent sales organizations a top priority, ensuring mutually beneficial relationships that make merchant acquisition as easy and profitable for ISOs as possible. 2000, the Commission encouraged. and in more than a dozen countries around the world. Follow Us. The productivity registered indicates a positive year for the automotive industry. Sales Titles that Candidates Search for the Most (with Retail) 1. An Independent Sales Organization (ISO) is an individual or company that functions as the third-party intermediary between acquiring member banks and merchants, providing payment processing services to them. Independent Sales Organization (ISO) is a term that is thrown around quite a bit in the payment card industry, however not always accurately. The sales department’s structure evolves from the needs of the business. Pluto. Use sources such as medicare. 1 Independent Agents 3. Available from Neville, Kate. Its full suite of sales, productivity, and analytics tools. Payment card network operators (PCNOs) and their participants, including card issuers and acquirers, independent sales organizations (ISOs) and other service providers such as terminal leasing, are collectively referred to in this FCAC Guideline as Participants. Societies are independent, democratic organizations that are required to comply with the and their. Exhibit 10. I need a l. Send Message. Saturday, April 01 2023. Does not have access to the merchant cardholder data (CHD) In the business world, an independent sales organization is a third-party company that partners with other companies to sell products or services on their behalf. While it’s common knowledge that the self-employed earn more and eventually enjoy a better work/life. Bonus and commission opportunities are high with this job, with bonuses reaching. The global contract sales market in the pharmaceutical industry alone is expected to reach $9. Site Search. Independent sales representatives in the 10th percentile earn around $28,000 annually, while the highest paid earn $120,000 a year. 2 Brokers 3. Here are eight of the largest independent group purchasing organizations in the United States, ranked by number of hospitals served. Signing up with each network. As demonstrators they sign an independent contractor agreement to display and sell products as well. 3. Access to innovative funding technology. gov and run quotes in the area you will be working to make sure your FMO/IMO/GA has these contracts. Clearly define sales roles. Visa’s Global Registry of Service Providers - Independent Sales Organizations and Encryption Support Organizations As of 6/15/2011 The following Independent Sales Organizations (ISOs) types are listed below: •MERCHANT (M) – Provides merchant solicitation support, sales support, customer service, merchant transaction solicitation or. In some cases a payment processor, independent sales. For Information: [email protected] sales organizations of all types rely heavily on technology to help them reach more merchants, deliver better service, and maximize residuals. Small Business. With employees, one controls not only the nature of the work, but the method, manner, and means by which they do it. Drew Albermarle. HIDA - Health Industry Distributors Association. O. An Independent Sales Organization, ISO, within the business lending space is a company that operates as an intermediary between business owners and the funding companies that provide capital directly to them. All of this follows my 3-part “Credit Card Processing FAQs” series, in which I explained industry jargon, pricing models, and fees. The Costs Involved in Becoming a Direct Sales Representative. Find the Right Partner. As our ISO partner, you’ll enjoy competitive solutions, processing options, freedom of choice, comprehensive support, and vertically focused programs. Also known as a Merchant Services Provider, the merchant will accept the cards on behalf of one or many acquiring banks. ”. We provide expertise in outsourced retail sales, product marketing strategies, brand advocacy, product launch retail services, retail merchandising, experiential marketing, and product training. Been selling door to door for about ten years and can say a majority of contract sales people, while they don't outright lie, tend to not tell the whole truth. 3. By providing us with an email address you are expressly consenting to receiving email communications — including but not limited to Marketing material/advertising, promotions, sales campaigns, and questioner/research surveys. Lower Sales Costs — It is estimated that today’s average industrial factory direct salesperson costs $150,000 per year. We serve the six states in New England; Massachusetts, Rhode Island, Connecticut, Maine, New Hampshire and Vermont. All it takes a brief conversation with one of our professionals who will guide through the rest of the set up process. Leaders can also use this metric to develop their overall sales strategy and come up with accurate forecasts moving forward. Our company is looking for a channel sales manager in [location]. 877·626·2776 (U. (AIM/R) is a trade association of independent sales representatives in the plumbing, HVAC/R, kitchen/bath, waterworks, irrigation and related industries. 1. Email. The main difference between an ISO and agent organizations is scale. 3. Where independent ATM ownership or operation is the customer’s core business, a company may own and deploy multiple ATMs that service thousands of consumers. Watkins Online sells home care and personal care items. Educate yourself about the industry. Independent sales organization. But an independent sales organization (ISO) can be the right solution to become an invoice factoring broker. Average Founded Date Aug 26, 1990. ”Whether acquirers reach merchants via proprietary channels, independent sales organizations, or banks, they need to focus on industries where they can build tailored solutions that go beyond payments. Chapter 4 - Sales Organization - Free download as Powerpoint Presentation (. Comcast. The independent sales. "Qualifying for a Merchant Account — Do You Meet the Criteria?" Pinnacle. It takes a village to accomplish the complex tasks of government work. com. Pankaj M. A, Canada and LAC The following Independent Sales Organizations (ISOs) types are listed below: MERCHANT (M) Provides merchant solicitation support, sales support, customer service, merchant transaction solicitation or merchant training. You should also check what product lines they have available. In other words, you’ll be paying $5,000 for your Independent Sales Organization registration renewal and. Independent sales organizations find and recruit merchants and sign them up for payment processing services. 14. As of 11/1/2011. . who are thriving today are independent and self-motivated. We offer a network for all professionals in medical devices, pharmaceuticals, biotechnology, and health care related products and services. pptx), PDF File (. . 1. . In lieu of true innovation or breakthroughs, ISOs and MSPs will face smaller. VERIFIED. 5345 Towne Square Dr. The ISO will tailor a range of payment-acceptance services for merchants and will receive a commission — usually a one-time fee or a percentage of. Rating: 6. They use this relationship to help businesses obtain merchant accounts, which in turn allows businesses to accept credit card payments. The ISO could be an entire company or a single person who uses the. Founded: 1898. The independent marketing organization you've been looking for. 4. Independent Sales Organization, or ISO in the context of merchant services, is a third-party payment processor that manages merchant accounts on behalf of a bank, payment processor, or significant financial institution. Typically, these services include merchant solicitation and training activities, sales, customer service, sales or. – Establishing both a merchant account as well as an Internet merchant account. The following represent just a few of the key benefits ISOs stand to enjoy by joining the program and adding TSYS to their roster of payment. With Governor Glenn Youngkin’s signing House Bill 1027 into law, companies providing “sales-based financing” in Virginia will now be required to provide. ISO acts as an intermediary between merchants and financial processors for credit, debit cards, and ACH payments. In other words, an ISO is a third-party company that can sign up your business to accept credit cards. ISOs facilitate payments and provide ongoing support for their clients. 1. 1. IMO is short for “independent marketing organization. Hopefully, you’ve already got independent sales reps who shine at what they do. Our province’s ability to compete as a desirable place to live, invest and do business is thanks in large part to the contributions small. INTRODUCING: AI 4 Sales . Increased Sales — The average factory. About ETA. 0 Devices Expired 30 April • PCI PA-DSS v3. Here's what ISOs are, whereby they works and why you'd need neat. eGlobal is one of the largest registered independent sales organizations (ISO) in the United States. You want to make a bigger impact. It is Independent sales organization. Managing Sales Compensation Across the Economic Cycle: Direct Sales Force Versus Independent Reps. Group Independent Sales Organization Incorporated Overview. A Win For All. Also known as a Member service provider, it is not a financial institution, but it represents it and offers services on. Regardless FMO, IMO, or NMO, insurance IMOs recruit agencies and agents to represent their insurance carriers to promote and sell insurance policies. CB Rank (Hub) 696. A field sales agency producing the same volume at a 5% commission rate would cost only $100,000. Independent sales organization listed as ISO Independent sales organization - How is Independent sales organization abbreviated?TransNational Payments is a registered Independent Sales Organization of BMO Harris Bank, N. 1. In B. Become a Merchant Industry Independent Sales Organization today! Our Partners. com is an online platform that connects businesses and individuals who are looking to hire freelance commission-based sales professionals. AMENDED AND RESTATED . In Alford v. ISOs – Independent Sales Organizations; ISVs – Independent Software Vendors; VARs - Value Added Resellers; PayFac – Square or Paypal; When opting for a white label payments provider, work with someone having experience and a good track record of working with these business types. More. According to an independent survey in the U. Payment. Starting from the very beginning, Independent Sales Organization is a third-party organization responsible for processing payments and handling merchant accounts for companies. Independent.