Glossary

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Term	Definition
Independent Sales Organization (ISO)	An independent sales organization (ISO) is a company that provides standalone credit card processing services for merchants. Many merchants obtain payment processing through the bank or other financial firm that provides their merchant account. However, ISOs provide more options for merchants to choose from and serve those who might otherwise have difficulty obtaining processing services due to their status as high-risk merchants. ISOs may also be called merchant service providers (MSPs).

Term

Definition

Independent Sales Organization (ISO)

An independent sales organization (ISO) is a company that provides standalone credit card processing services for merchants. Many merchants obtain payment processing through the bank or other financial firm that provides their merchant account. However, ISOs provide more options for merchants to choose from and serve those who might otherwise have difficulty obtaining processing services due to their status as high-risk merchants. ISOs may also be called merchant service providers (MSPs).