independent sales organization

الإنجليزية - الإنجليزية

تعريف independent sales organization في الإنجليزية الإنجليزية القاموس.: Company that independently solicits prospective merchants for Paymentech ISOs may either assume partial or shared financial liability for merchant activity; [U S Merchant Services] Companies which independently solicit prospective merchants for MasterCard and Visa ISOs may either assume partial or shared financial liability for merchant activity; An ISO is an Independent Sales Organization that represents a Bank or Bank/Processor alliance 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; An organization or individual, which is not an Acquirer, that engages in Merchant solicitation, sales or service, with respect to Transactions; Also called a member service provider An outside company (not MasterCard or VISA member) which is contracted by members to administer merchant and/or cardholder servicing; Visa term for a company that is sponsored by an acquiring bank to solicit and sometimes support merchants