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Showing posts from January, 2021

How to Become a Registered ISO for Merchant Services

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If you’re looking to make a name for yourself in the merchant services industry, then you have probably, at one point or another, considered becoming a registered ISO . In the merchant services industry, becoming a merchant services ISO is one of the highest levels that you can achieve. Becoming an ISO is a highly desirable position to be in because it opens up your earnings to an entire new world of potential. You’ll gain access to more revenue streams and you will also be able to market your services under your own unique brand instead of having to operate under the umbrella of another company. However, the process of becoming a registered ISO is not one that happens overnight. Becoming an ISO requires that you have a large budget for paperwork, legal, and administrative expenses. You will need a considerable amount of resources to become an ISO in a timely manner and have success in the transition process. This short guide will show you the steps that you will need to take if yo

Starting a Credit Card Processing Company

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Starting any kind of business has some basic steps to get registered with your state as an official credit card processing company. In Oregon where I am from this processes cost $100 to re-new per year. With this being said I want to jump right into how to go about 1 . You will want to start by researching businesses in your area and evaluate who your competition is. The credit card processing business is typically riddled with competition across the United States. Because of this you will want to find a marketing plan that sets you apart from other credit card processing businesses in your area. As an example maybe your company could specialize in business cash advances which goes hand in hand with credit card processing. Leading in with something like this will set you apart from other credit card processors that simply say they will save the merchant money. The merchant hears this type of pitch every day and makes it easy for the merchant to say no to your offer. 2 . Af