An ISO, or “Independent Sales Organization”, is an entity that acts as a middle man. ISOs help to formulate a bank or bank/processor alliance. Within this kind of arrangement, an 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.
Also known as a Member Service Provider (MSP), an ISO procures new merchant relationships for the specific bank. ISOs generally recruit Merchant Level Salespeople (MLS) to solicit merchants. The MLS are independent contractors who work for upfront commissions and the right to receive ongoing monthly residuals for the accounts they refer to the ISO.
Reuling and Associates has years of experience recruiting the best sales teams in the country. We provide outstanding service and results to a wide range of clients - from Fortune 500 companies to promising start-ups coast to coast.
Our clients within the Merchant Service industry have included some of the largest processors as well as small start-up ISOs. Our extensive database of sales professionals enables us to serve our clients recruiting needs.
Reuling and Associates offers contract, direct, and retained placements within all Sales disciplines.
If you are an ISO with recruitment needs, contact us today!
630.446.0746 | www.reulingandassociates.com | info@reulingandassociates.com
