Thursday 7 January 2021

The Best Tips For Growing Your Merchant Services Business

Now is a great time to get started as an independent sales organization (ISO) agent.

If you're looking to become an ISO Agent or grow your existing business, you're in luck.

It's estimated that ISO agents open 80% of merchant accounts, while banks only open 20% of the merchant accounts.

Credit cards also have the highest growth rate among payment types, growing over 10% by volume and just over 6% by value.

If e-commerce trends continue, and we have no reason to expect that they won't, ISO Agents will continue to play a pivotal role in opening merchant accounts to more and more businesses.

If you're ready to grow your merchant service business and take advantage of these trends, we have a few tips in the article below that will help you along the way.



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