An Independent Sales Organization (ISO), also sometimes referred to as a Member Service Provider (MSP), is an organization authorized to provide merchant services to businesses. Most of our board and the MANA staff are made up of working and retired manufacturers and sales reps. A. You can have an elegant sales structure, but if your team members don’t understand their. By working with a variety of these kinds of providers, an. With customized programs designed for your customers’ unique challenges, demands and expectations, we are able to deliver a solution. Possible sales job titles include Account Executive, Corporate Sales Account Executive, Financial Advisor, Financial Planner, Group and Events Sales Coordinator, or Regional Sales Executive. Since an ISO is not a bank, an ISO will have a separate contract or ISO agreement with both the merchant and the bank when involved in a business relationship for electronic payment processing. Independent reps serve as a company’s outside sales, marketing and customer service. HIDA Executive Conference. An independent sales organization (ISO) is a specialized third party that sells credit card processing services outside a financial institution. EpicPay International LLC, DBA Fortis Payment Systems LLC is a registered Independent Sales Organization of Wells Fargo Bank, N. channel middlemen that take title to the goods. Group Independent Sales Organization Incorporated filed as a Domestic Corporation in the State of Nevada on Thursday, June 27, 2002 and is approximately twenty-one years old, as recorded in documents filed with Nevada Secretary of State. Payment processing agents who operate through independent sales organizations; Enrolled agents; Real estate brokers and salespersons licensed under those brokers are allowed under the California Business and Professions Code to negotiate contracts that designate the salesperson as either an independent contractor or an. These states account for about 30% of the total companies and. Visa Third Party Agent Program (Independent Sales Organizations / Encryption Support Organizations) Third Party Agents that perform solicitation activities (ISO) or deploy ATM, POS or kiosk PIN acceptance devices and/or manage encryption keys (ESO) without touching cardholder data must be registered with Visa. The NATIONAL REGISTER of INDEPENDENT APPAREL & ACCESSORIES SALES REPS. Find the Right Partner. This agreement should contain: The names and addresses of both parties. 7. Madhani. Pankaj M. City, State, Zip Code. 1. If you’re a would-be ISO looking to begin selling payment processing, learning the ins-and-outs of the revenue-side of the game is a great place to start. Sales Associate. [email protected]. . Building a killer sales portfolio that ensures maximum returns on your investment of. By becoming a registered Independent Sales Organization (ISO), businesses can gain credibility and access a plethora of tools and resources. Regardless FMO, IMO, or NMO, insurance IMOs recruit agencies and agents to represent their insurance carriers to promote and sell. As this industry always does, it persevered through 2020, though not without bruises. 10 * 200 = $20, so a total of $25. Independent sales organizations are arguably the easiest path into the industry for both outsiders looking to break in and insiders looking to strike out on their own. It becomes effective immediately. INDEPENDENT SALES ORGANIZATION PROCESSING AGREEMENT . Cintas continuously strives to have the most highly trained, professional, and diverse sales organization in North America while providing an environment where open, honest communication and feedback are welcomed. An independent sales organization servicing contract furniture dealers, architectural and interior design firms in the office furnishings industry. Lack of Awareness About PCI-DSS Among Small Merchants 10 4. Banner Design Graphic Design Illustrator Photoshop Photoshop. The ISO acts as an intermediary between the merchant and the payment processor, taking care of merchant recruitment, sales, and. Description: Founded in 1963, Mary Kay is a multilevel marketing company offering beauty products, such as skin care, cosmetics and fragrances. These goals show the sales team where the business wants to go and how they can help get it there. Getting projects completed requires numerous teams working together like a well-oiled machine. Independent Sales Organisation (ISO), then you must send additional fields to identify yourself and your sub. Engagement of Independent Review Organization Within 90 days after the Effective Date, Good Shepherd shall engage an entity (or entities), such as an accounting, auditing, or consulting firm (hereinafter “Independent Review Organization” or “IRO”), to perform the reviews listed in this Section III. Our Certified Clover Partner Program is designed to ensure our merchants work with reputable Clover partners when purchasing Clover point-of-sale (POS) solutions to help grow their businesses. With aggressive buy rates and revenue sharing, get rewarded for higher application counts and volume. 8Billion by 2023, with e-detailing in the US already at over $100Million. Been selling door to door for about ten years and can say a majority of contract sales people, while they don't outright lie, tend to not tell the whole truth. Payscape is an Independent Sales Organization that markets and provides merchant services in partnership with First American Payment Systems (F. Chosen solution for over 50,000 restaurants and bars across the country. activate account by submitting a batch of $25 or more in sales within 30 calendar days from approval date, (5) Processing $10,000 or greater in card transactions within the first four billing cycles. 2000 at 9-10. An Independent Sales Organization is a sales force for hire used by acquirers that do not wish to staff and manage a sales force internally. 7 Accountabi lit y. ISOs and PFs may occupy similar space, but their fundamental differences set them apart from each other. Independent Sales Organizations. Find your local indie bookstore. Typically, these services include merchant solicitation and training activities, sales, customer service, sales or. – Accepting a wide range of credit and debit cards. Expand market reach! Hire independent reps actively seeking new lines in furniture, clothing and apparel, food, beauty, jewelry, sporting goods, medical devices, gifts, wine and more. Merchant Industry LLC offers merchant services to many sucessful independent sales organizations including credit card processing and gift cards. 3302Carat is the Fiserv omnichannel commerce ecosystem that delivers unlimited global payment opportunities across any channel. The term is derived from the merchant services and credit card processing industry but has evolved into business. . We cover the West Coast, National Key accounts and provide service to: • Brick and Mortar stores • DistributorsAnd yet, Independent Sales Organizations (ISOs) and MSPs are rarely at the forefront of financial services innovation. An Independent Sales Organization, also called a Member Service Provider, is a third-party organization representing a bank or other financial institution that sells and promotes its services, one of which is merchant accounts. 7216 / FX: 888. Total System Services, Inc. When you are listed, you help secure the promise of a trusted payment system by highlighting your investment in data security and the. Percentage Acquired 1%. Independent Sales Organizations (ISOs) Need ISO Attorneys. We work with hundreds of ISOs across the nation to help clients handle payment processing in ways that truly benefit them. Mid-Sized Business. Yes. Also known as a Merchant Services Provider, the merchant will accept the cards on. Independent Sales Rep Companies | MANA Manufacturers Why Use a Manufacturers Representative? When a manufacturer, distributor or service company determines that an important element of its marketing plan is contacting its customers face-to-face on the customer’s turf, it has three options: Growing businesses often choose to work with ISOs because they receive more personalized attention. By providing us with an email address you are expressly consenting to receiving email communications — including but not limited to Marketing material/advertising, promotions, sales campaigns, and questioner/research surveys. They find and recruit new merchants and sell them processing and various services on behalf of major payment processors like TSYS, Worldpay, and BAMS. ISO means Independent Sales Organization. Visa Third Party Agent Program (Independent Sales Organizations / Encryption Support Organizations) Third Party Agents that perform solicitation activities (ISO) or deploy ATM, POS or kiosk PIN acceptance devices and/or manage encryption keys (ESO) without touching cardholder data must be registered with Visa. ISOs are an exceptionally important part of the payments ecosystem, serving a critical role that supports both their processing partners and their merchants. Percentage Non-Profit 0%. Professional Summary. Independent sales organizations ISOs are third-party entities that serve as intermediaries between businesses and the payment processors or acquiring banks . Follow these steps to grow your ISO business: 1. 6. To appoint Distributors, Franchisee and Sales reps in your target market. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U. HIDA - Health Industry Distributors Association. $200M. Agent. . 10 high-paying independent consultant companies. Increased Sales — The average factory. and many foreign countries. - ISO - M CA HONEYTREE BANKCARD. – Establishing both a merchant account as well as an Internet merchant account. The Clover name and logo are owned by Clover Network, Inc. In 2023, Google was recognized as a large company with the best global company culture by Comparably. Question 7 5 / 5 points Independent representatives can be characterized as Question options: the company's salesforce for industrial products. Sample 1 Sample 2 Sample 3. An independent sales organization, like other kinds of internet merchant account providers, offers services to businesses enabling them to process credit card information on their websites or in their stores. An ISO is a company that processes third-party payments. This payment structure removes the burden of large. Independent sales organization (ISO) agents have the potential to make a significant income – but only when they stay focused and disciplined. This often involves helping them open new merchant accounts with the bank, and some merchants will even seek them out. The ISO will tailor a range of payment-acceptance services for merchants and will receive a commission — usually a one-time fee or a percentage of. Whether you’re an independent sales organization on the hunt for the best funder, or looking to enter a strategic relationship to provide more value-added services to your clients, partnering with Rapid Finance brings the support and. Developers. The core of their business is selling merchants payment services on behalf of payment processors. In order to be successful, you need to sell the best products available for your area. Merchant Support. ISOs work on behalf of banks and card networks to set up new merchant accounts, acting as an intermediary between these entities and businesses that want to accept card payments. Our list of industry leading POS hardware and software products provide a variety of solutions for companies large and small. They may also use distributors or ISOs. The biggest positive for sales reps is that it provides the highest earning potential. Starting from the very beginning, Independent Sales Organization is a third-party organization responsible for processing payments and handling merchant accounts for companies. Finding indie film distribution across multiple platforms is vital to a modern indie film. Here’s an explanation of their differences in more detail: Independent sales organisations. 1. ISOs, or independent sales organizations, are companies that aren’t officially part of the cardmember associations like Visa or MasterCard but have developed partnerships with acquiring member banks to provide merchant accounts or other merchant services to members. Additional fees may apply to certain Clover apps, services or. 2. Independent Sales Rep Companies | MANA Manufacturers Why Use a Manufacturers Representative? When a manufacturer, distributor or service company determines that. Drew Albermarle. In other words, an ISO is a third-party company that can sign up your business to accept credit cards. seeking independent sales representation and independent sales reps seeking new lines to represent. Small Business. Looking for graphic designer 6 days left. ago. An ISO’s primary job is to resell merchant services for one or more payment. By providing us with an email address you are expressly consenting to receiving email communications — including but not limited to Marketing material/advertising, promotions, sales campaigns, and questioner/research surveys. The formula for lead-to-sale % is: Lead to sale % = (Total number of sales / total number of leads) x 100. Here are eight of the largest independent group purchasing organizations in the United States, ranked by number of hospitals served. yourbizbroker • 1 yr. Independent sales organizations find and recruit merchants and sign them up for payment processing services. ) 15. You should also be able to implement effective sales strategies to continually meet or. A solid sales partner agreement that is legally binding makes sure there are results from the long-term relationship. Its full suite of sales, productivity, and analytics tools. • SDP Service Provider List & Expired Validation • Compromised Service Provider Delisting • Cyber Standards & Programs FAQs Update • Virtual Card Numbers & Compliance • PCI PTS HSM v2. Toll Free) /. 2. Hopefully, you’ve already got independent sales reps who shine at what they do. Each one has its own pros and cons that you should consider before implementing any of the structures in your business. INTRODUCING: AI 4 Sales . and in more than a dozen countries around the world. BlackRock has acquired 22 organizations. If you’re a would-be ISO looking to begin selling payment processing, learning the ins-and-outs of the revenue-side of the game is a great place to start. Vantel Pearls in the Oyster sells pearls. Our team of over 500 professionals assure our customers of the best 24/7/365 service available. Sales bookings are a KPI that measures wins over a set period. Management Structure. Educate yourself about the industry. In this article, we’ll explain what you need to know about ISOs—what they are, how they work, why you need one, and any potential downsides they may hold for your business. This is certainly a unique and one of a kind direct sales company. Compelling Need for Providing Differentiated Service 11 5. Watkins Online sells home care and personal care items. Site Search. Bridge the gap between digital and physical commerce experiences through existing payment. Agent Partners. ” Encryption Support Organization (ESO) Performs cryptographic keyA Merchant Services Agent, a Member Service Provider (MSP), also known as Independent Sales Organization (ISO), is used interchangeably within the payment processing industry. is a second generation sales and marketing organization providing service to the art and craft industries. Where independent ATM ownership or operation is the customer’s core business, a company may own and deploy multiple ATMs that service thousands of consumers. Independent sales organizations are a key part of the payments industry. BayView Entertainment has been leading low budget film distributors in this field for fifteen years across all film genres. com. ISOs may also service merchant accounts once they are registered, dependent upon the. Per its website, it has partnerships with: Amazon. Independent sales organization (ISO) agents have the potential to make a significant income – but only when they stay focused and disciplined. , a wholly owned subsidiary of The OLB Group, Inc. INDEPENDENT SALES ORGANIZATIONS Enhancing the value of ACH on an already robust platform! 63-0467 referralscheckcommerce. With the highest paying commission structure in the. They are contracted by banks to acquire and manage merchant relationships on their behalf. A sales organization that is the third party and that works by signing up merchants to accepts credit cards. In addition, it may not be an action organization, i. Said issuers then proceed to contact the specific bank that. The first rep sells $30,000 worth of product. 2 min Updated: Jun 8, 2023. 1-800-725-1243. Connecting independent sales reps and companies globally since 2001 | Find Manufacturer Representatives and Independent Sales Reps Grow. They use this relationship to help businesses obtain merchant accounts, which in turn allows businesses to accept credit card payments. As the business grows, the principal becomes a manager and sales flatten. Lower Sales Costs — It is estimated that today’s average industrial factory direct salesperson costs $150,000 per year. MLM. ISOs often. Registered sales offices have a fully disclosed relationship with Tidal Commerce and agree to be a sales office of Tidal. BlackRock has had. Global business development, allowing you to profit from both domestic and foreign markets. . Find a sponsor. These resources enable them to provide top-notch payment processing services, making transactions seamless and secure. Our Independent Sales Organization (ISO) program gives you the edge needed to grow your business. A. , Cincinnati, OH. If you are a merchant services agent, then you know that there are a variety of solutions that you can offer your merchants that provide benefits to both the merchant and yourself as an merchant service agent. The REP has to be willing to accept new lines if appropriate with his following with Retailers. Tech companies often use monthly sales bookings as a prime metric to track the value of their wins. Operating across multiple industries, ISOs can represent anything from financial. Regional Sales Manager: Regional sales managers lead regional sales teams and provide support to national sales organizations. organizations and individuals, including independent agents and brokers, who are compensated to perform lead generation, marketing, sales, and enrollment related functions as a part of the chain of enrollment. eGlobal is one of the largest registered independent sales organizations (ISO) in the United States. Insurance Verticals. Pankaj M. An independent sales organization is a provider who. eGlobal is a privately-held, Strategic Business Unit of Grant Victor, based in Kaysville, Utah. An independent bargains organization your a provider who connectivity vendors to credit card how. Dish. 31Become a payment service provider today and take your business to the next level. It's helpful to first identify and analyze your sales skills, including your strengths and weaknesses. What Is an Independent Sales Organization (ISO)? If banks and conventional payment processors are the “wholesalers” of the payments industry, ISOs act more like retailers. An ISO is a company that markets acquiring services to merchants on behalf of an acquiring bank. It is Independent sales organization. New Accounts: (800) 610-4189. 100(d) and includes each agent, agency, branch, or office within the United States of, inter alia, commercial banks, trust companies, savingsIn California, a law called AB5 changed the rules for determining whether a worker is an independent contractor or an employee. Representation of your interests at the state and national political level. Use sources such as medicare. operator customers, including those that are Independent Sales Organizations (ISOs). ” Encryption Support Organization (ESO) Performs cryptographic key In this scenario, your commission will be 0. t. , with its principal place of business at 960. We provide expertise in outsourced retail sales, product marketing strategies, brand advocacy, product launch retail services, retail merchandising, experiential marketing, and product training. They have the authority to accept payments on behalf of the member banks of credit card associations, like Visa or Mastercard. 2 min Updated: Jun 8, 2023. An independent sales organization (or ISO) is a company that sells credit card processing services independently from a financial firm or bank. Income Earnings for Independent Manufacturer Sales Reps & Distributors, the results of our 2014 survey of 5,000 independent reps, reflects Independent Medical Sales Reps with a “Mixed Bag” of medical products top the charts. C. " Find and check a charity using Candid's GuideStar. The ISO, or independent sales organization, became the workhorse of payments distribution. As our ISO partner, you’ll enjoy competitive solutions, processing options, freedom of choice, comprehensive support, and vertically focused programs. VERIFIED. With Governor Glenn Youngkin’s signing House Bill 1027 into law, companies providing “sales-based financing” in Virginia will now be required to provide. An Independent Sales Organization, or ISO, is an institution or a legal entity closely collaborating with Mastercard or Visa banks. AMENDED AND RESTATED . Boost your credentials on-paper and increase your exposure to sales training and professional networking opportunities by joining a Sales Professional Association. If you feel your current employment doesn't allow you to reach your full potential, you may want to consider becoming an independent consultant. As a merchant services agent, you are representing an issuing bank to sell their payment processing services. Many operators of these independent ATMs are also considered Independent Sales Organizations (ISOs). Rather than maintain their own in-house teams for things like sales or customer support, many acquirers and processors will outsource responsibilities to an ISO. According to Aberdeen Group, effective sales organizations are 81% more likely to consistently use a CRM or system of record. Visa Third Party Agent Program (Independent Sales Organizations / Encryption Support Organizations) Third Party Agents that perform solicitation activities (ISO) without touching cardholder data must be registered with Visa. Cross Department Connectivity. However, it is essential to be aware that you. See who made the list. 3. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U. On April 11, 2022, Virginia became the second US state to require providers of merchant cash advance (“MCA”) products to obtain a state regulatory license or registration—hot on the heels of Utah. VIC Cosmetics sells makeup. is a registered Independent Sales Organization of TD Bank,. Leverage your professional network, and get hired. For Support: support@merchantone. Customer Support: (800) 910-8375. Sales Professional Associations & Organizations bring people together to promote the industry's mission and to connect with like-minded professionals. Learn More. List of Registered Independent Sales Organizations will. Customizable Merchant Services Agent Program designed for independent sales organizations who want to build a more profitable business. Drive your business to the next level with IMCO, a leading Medical Distributor Association. 1. The states in which the Selling Power 500 companies employ the largest sales organizations are California (7,103,557), New York (6,625,353), and Florida (2,955,358). Country Selector; Contact Us. An independent sales organization also called a member service provider (MSP), is a third-party company that’s contracted by a credit card member bank to establish new merchant relationships. ISOs often. 3. Rising Need of Training and Educating Sales Agents 11 4. Watkins Online sells home care and personal care items. The public nature of Visa’s new U. In order to understand how ISOs fit. 10 high-paying independent consultant companies. Our 2023 Sales Training and Enablement Companies Watch List is intended to help buyers of training services evaluate sales training and enablement providers, representing emerging or unique strengths and capabilities. Independent Sales Organization - Business Information. 3. " However, the law does not apply to all workers, and many are exempt from the ABC test. Origami Owl . They’re the front line of merchant services. 245. The 2014 Effie Index named Cramer-Krasselt the Most Effective Independent Agency in North America. In total, the reps generated $78,000 of revenue, exceeding their quota. All it takes a brief conversation with one of our professionals who will guide through the rest of the set up process. It is a third-party payment processing company that is authorized to handle merchant accounts for businesses. Direct selling is a business model that offers entrepreneurial opportunities to individuals as independent contractors to market and/or sell products and services, typically outside of a fixed retail establishment, through one-to-one selling, in-home product demonstrations or online. 2. a wholly owned subsidiary of First Data corporation, and are registered or used in the U. Inclusion on the registry indicates only that the service provider successfully completed registration with Visa. 3. Clearly define sales roles. Contact sales. SPONSORSHIP AND SERVICES AGREEMENT . Novation, Dallas, Texas – 2,911 hospitals (1,400. A merchant service ISO acts as the middle man between different acquiring banks and the merchants when it comes to providing payment processing services. As of 11/1/2011. Our company is looking for a channel sales manager in [location]. It's important to create alignment so that all of the sales processes are accounted for. 1. We provide a one-stop shop to take care of all business owner’s financial technology needs. Demonstrators. A field sales agency producing the same volume at a 5% commission rate would cost only $100,000. Selling credit card processing today is less about price and more about solutions. All of this follows my 3-part “Credit Card Processing FAQs” series, in which I explained industry jargon, pricing models, and fees. Examples of Independent Sales Organisation in a sentence. ”. Today’s top 1 Independent Sales Organization jobs in United States. 4. Our data is at the heart of 230+ websites, programs, and applications, including: "Nonprofit profiles help the sector take a leap forward from data and information about charities to powerful knowledge and insight to help us make informed decisions. and in more than a dozen countries around the world. This company is a privately owned jewellery company. We refer. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. Regional Sales Manager: Regional sales managers lead regional sales teams and provide support to national sales organizations. 1 The Clover name and logo are owned by Clover Network, Inc. It will often provide terminals to the merchants, as well as tech support, training, and customer service. Whether creating new revenue streams, implementing innovative technologies or streamlining operations,. Get ideas for your own presentations. ISOs are involved with things like terminal purchases or leases, customer service. Account Sales Consultant. S. You’ll need to not only learn their. We serve the six states in New England; Massachusetts, Rhode Island, Connecticut, Maine, New Hampshire and Vermont. Leaders can also use this metric to develop their overall sales strategy and come up with accurate forecasts moving forward. 4. It also. That’s $250 of monthly recurring income if you sign up. RepHunter® SAMPLE INDEPENDENT SALES REPRESENTATIVE AGREEMENT Sales Representation Agreements save both the hiring sales manager and the independent sales representative many headaches by establishing clear guidelines, commission schedules and Independent Sales Organization (ISO) Third Party Processor (TPP) Data Storage Entity (DSE) Payment Facilitator (PF) Staged Digital Wallet Operator (SDWO) Digital Activity Service Provider (DASP) Token Service Provider (TSP) Terminal Servicer (TS) AML/Sanctions Service Provider 3-D Secure Service Provider (3-DSSP) Merchant Monitoring ISO stands for Independent Sales Organization. ISOs – Independent Sales Organizations; ISVs – Independent Software Vendors; VARs - Value Added Resellers; PayFac – Square or Paypal; When opting for a white label payments provider, work with someone having experience and a good track record of working with these business types. In Alford v. Selection of the Watch List is based on the same criteria used for Top 20 companies. "Qualifying for a Merchant Account — Do You Meet the Criteria?" Pinnacle. マーチャントサービスプロバイダーとしても知られているマーチャントは、XNUMXつまたは多くの取得銀行に代わってカードを受け入れます. ”. What is an independent sales organization (ISO)? An ISO is a third-party company that is authorized to extend credit card processing services to businesses. Multiple front-end processing options. It’s obviously a very exciting time when your outsourced commission-only sales team starts to grow, but it’s vitally important to be upfront and honest about the sales cycle of your products or services when speaking with potential reps about your opportunity. Medicare FMO: The SMA Difference. While giving preference to the independent sales organization over any other financial institution, merchants can benefit from the following: – Ability to buy or lease credit card processing equipment. Finding a Good Quality White Label Payment. 2. Independent sales organization listed as ISO Independent sales organization - How is Independent sales organization abbreviated?TransNational Payments is a registered Independent Sales Organization of BMO Harris Bank, N. e. The independent sales. S. You want to make a bigger impact. 3. An Independent Sales Organization, ISO, within the business lending space is a company that operates as an intermediary between business owners and the funding companies that provide capital directly to them. com ACH VERIFICATION – Add value to your merchant’s collection rates by not only reducing the risk of ACH returns, but provide positive第三者であり、クレジットカードを受け入れるように加盟店にサインアップすることによって機能する販売組織。. And though most rent-a-BIN agreements assign all liability related to MasterCard rule violations to the sponsored acquirer, MasterCard will still look to the. Find Manufacturers Representatives and Independent Sales Reps. Saturday, April 01 2023. Here’s an explanation of their differences in more detail: Independent sales organisations. Does not have access to the merchant cardholder data (CHD) In the business world, an independent sales organization is a third-party company that partners with other companies to sell products or services on their behalf. Message. What Is an Independent Sales Organization (ISO)? The payment card industry defines an ISO as an organization or individual that is not an Association. According to the FTC’s complaint, the. To be tax-exempt under section 501 (c) (3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501 (c) (3), and none of its earnings may inure to any private shareholder or individual. 3 Wholesale Distributors Independent versus Company Reps Captive versus independent sales rep. NetSuite’s Lead Reporting and Analytics dashboard drilldown. Retailers use Sales Associate for many in-store sales titles. ISOs are alternatives for large banks, providing the same level of service for business owners. This acts to establish a relationship between the organization and the independent sales force. The states with the most Selling Power 500 companies are California (63), New York (49), and Illinois (40). Core Qualifications. Today is a great day to be an independent sales organization or ISO agent. 1. An independent sales organization, also known as an independent sales office, is an approved third-party organization connecting merchants with payment. S.