The card payment industry harbors stiff competition just like any other sector in the financial economy. With merchants that sell directly to customers, the independent sales organizations (ISOs) at times find survival in the business much threatened. Dealers that sell directly to merchants tend to cut out the services of the independent sales organizations locking them out of business.

Such normally create hard times for these ISOs. In the middle of this difficult situation, the ISO industry is not completely without market though. A mobile payment tech company VeriFone relies more on these independent sales organizations to spread out its range of services to smaller stores.

Apparently the Mobile Money marketplace has not had a robust and convenient solution for the acceptance challenge to mobile money payment services. VeriFone Mobile Money is coming in to deliver the much-needed custom retail mobile services. It is working with leading ISOs to provide secure contactless payment services to different clienteles. The devices it uses are much secure and its point-of-sale facilitator the Mobile Money Payments Switch ensures much speedy and easy acceptance of mobile money at the point of sale. 

In addition, VeriFone Mobile Money uses secure tech support merchant account from leading service providers like eMerchantBroker whose services can be accessed at emerchantbroker.com. These approaches build a secure end-to-end platform that merchants can trust for confidently offering their subscribers unaffected and scalable mobile services.

Defining an independent sales organization

According to the payment card industry, an ISO is defined as any individual or organization that has no membership to any Association. This implies that an ISO is not member of a Visa or MasterCard bank, but has a bank-card relationship with a real Association member. 

Such a relationship may involve different things, which may include acquisition functions or functions of issuing, and soliciting new customers. Making of arrangements for leases or terminal purchases, soliciting cardholders and providing customer service are some of the things that are involved.  

The approach taken by VeriFone is however more of partnership that client-service provider. The approach create a great level of confidence not only among the customers but the companies they work with as well. So while some other competitors are turning their backs on the ISOs, VeriFone gets true value from working with them instead. Other that creating great services to the market, this also ensures that the tech company stays on top of competition at all times.

How to Display an Image of the Email Avatar of Commentator on a Blog or WebsiteHow to Display an Image of the Email Avatar of Commentator on a Blog or Web...
Thu, October 09th, 2014 - Yoga Sdr

Sometimes each blogger often leave a comment to leave such a path on other blogger. To make your path is typical as you; you may be able to utilize su [ ... ]

Why Your Online Store Needs a Privacy PolicyWhy Your Online Store Needs a Privacy Policy
Sat, April 19th, 2014 - Yoga Sdr

As you start to build your business website, you probably have a checklist of features you want to include. From an intuitive search feature to easy o [ ... ]

Flexi Trendy News

Hot Web Learning

Guide to Using Images in Your Blog Posts
Sat, May 04th, 2013 - Yoga SdrGuide to Using Images in Your Blog Posts

Images can make your blog much more interesting to readers. When used correctly, they can even help  [ ... ]

Other Articles

Hot Apps Learning

Play Zombination and Enjoy to The Fullest
Fri, August 15th, 2014 - Yoga SdrPlay Zombination and Enjoy to The Fullest

Playing online games has now become a primary and the most fascinating part of our lives. Our lifest [ ... ]

Other Articles

Hot Online Marketing

Online People Search Service and the way to Opt fo...
Thu, January 17th, 2013 - Yoga SdrOnline People Search Service and the way to Opt for Just one

You could drop by your search motor box and kind that person's identify and be offered with perhaps  [ ... ]

Other Articles