ISOs
Software providers and independent sales organizations (ISOs) navigating the payment processing industry need efficiency, transparency, and comprehensive tools to more ….
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Merchants
Did you know that worldwide chargeback costs to businesses hit $117.47B in 2023? This highlights the importance of chargeback management.
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Software Providers
For ISVs, integrated payments are an opportunity to add significant value to their software offerings and remain competitive with an exponentially growing industry.
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Software Providers
In today’s software driven market, Independent Software Vendors (ISVs) face the critical and complex decision of selecting the right payments partner. This choice goes beyond mere transaction processing; it’s about finding a seamless extension of their services that enhances user experience, operational efficiency, and a partner that supports your desired growth trajectory.
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ISOs
From payment acceptance, risk and underwriting to compliance, sales and more, COVID-19 has truly impacted all areas of the payments landscape. The key is being able to capitalize on those changes so you can successfully compete in this ”new normal” and make sure you are properly positioned for future growth.
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Software Providers
As the financial ecosystem becomes increasingly complex, it’s crucial for ISVs and ISOs to explore and understand the array of available payment solutions beyond traditional PayFac models. This exploration not only involves analyzing the advantages and potential pitfalls of becoming a PayFac but also considering alternative payment models that might better suit their unique needs and objectives.
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ISOs
Recently Mark Passifione, vice president of partner sales at Clearent, participated in the Southeast Acquirers Association’s Virtual Sessions. During his session titled How ISOs Can Ensure Success in 2020 & Beyond, Mark spoke about the intersection of software and payments and how it has created unique opportunities and challenges for ISVs, ISOs and agents.
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ISOs
The conversation covered several topics, including the future of payments, the ROI of offering integrated payments and how ISOs and agents can fit into this new landscape.
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ISOs
In the past decade, a lot has changed about prospecting. Merchant services leads primarily came from cold calls, drop-ins and networking events. Those old-school tactics can still be useful, but times have changed.
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ISOs
It’s frustrating when you think you’ve done all the right things, prepared perfectly, and still lost the sale. The best agents know that the key to closing is asking good questions.
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ISOs
A convenience fee is a charge added to the base transaction amount for the convenience of being able to use an alternative payment method.
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ISOs
Recently I’ve been speaking with a lot of agents who are on a quest for a dedicated BIN. Apparently some providers are touting benefits such as that it can help them earn bigger profits and become the master of their own destiny.
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