Provide your sales team with the information, assistance, and training they need to win customers without avoiding PCI. Question 7 5 / 5 points Independent representatives can be characterized as Question options: the company's salesforce for industrial products. It's helpful to first identify and analyze your sales skills, including your strengths and weaknesses. This brings the average annual sales per salesperson to over $5. Leaders can also use this metric to develop their overall sales strategy and come up with accurate forecasts moving forward. Market. The new law presumes a worker is an employee, and not an independent contractor, unless the worker satisfies a strict "ABC test. Identify your strengths and weaknesses. email@email. If you are an independent sales rep looking for a CRM system, let’s talk about CRMPlus. i3 Public Sector software solutions work cross-departmentally and can be integrated with new and existing systems to ensure everyone is on the same. Contact us today for all your credit. Independent Sales Organisation (ISO), then you must send additional fields to identify yourself and your sub. Inclusion on the registry indicates only that the service provider successfully completed registration with Visa. Welcome to the home of independent, commission-only sales. Independent Sales Organizations 3. An ISO is similar to an independent insurance agency. DIRECT SALES COOKING & BAKING COMPANIES. The PF may choose to perform funding from a bank account that it owns and / or controls. 3. Facebook; Twitter; Linkedin; Data Systems Inc. If you are considering a career in sales, here are a few tips on how to become an successful independent sales organization: 1. com , or complete the form below. ISOs have relationships with acquiring member banks, allowing them to provide merchant services to their customers. What is an independent sales organisation (ISO)? An ISO is a third-party company that is authorised to extend credit card processing services to businesses. Many sales professionals became 1099 reps because they value the. Banner Design Graphic Design Illustrator Photoshop Photoshop. The independent sales. Outsourcing the sales function can be done through distributors, independent agents, and manufacturers’ representatives, as well as other types of sales organizations. HIDA Executive Conference. Regional Sales Manager: Regional sales managers lead regional sales teams and provide support to national sales organizations. You should also check what product lines they have available. An independent sales organization, also known as an independent sales office, is an approved third-party organization connecting merchants with payment. Most privately owned ATMs dispense currency, but some dispense scrip (a paper receipt) that can be exchanged for. Percentage Acquired 1%. Make sure they have. Some of the best direct sales companies to join include recognized brands like Avon, Mary Kay, Perfectly Posh, Color Street, WineShop, Tupperware and lots more. If you’re an Independent Medical Distributor or Manufacturer and would like to join the IMCO network, call us at 386. , 8% of pharmaceutical representatives were outsourced in 2011, which has risen to 11% in 2015, while in Europe, around one. * Visa Third Party Agent Program (Independent Sales Organizations / Encryption Support Organizations) California has amended its independent contractor law to make more jobs and professions exempt from the “ABC” test that AB 5 codified last year. Pankaj M. 2645. Core Qualifications. They’re the front line of merchant services. 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. EpicPay International LLC, DBA Fortis Payment Systems LLC is a registered Independent Sales Organization of Wells Fargo Bank, N. 1. A solid sales partner agreement that is legally binding makes sure there are results from the long-term relationship. Fortis is a Payment Facilitator and ISO/MSP processing transactions for all major payment and banking networks. Manufacturers often sell directly to retailers or consumers, using distributors or independent sales organizations (ISOs) that act as intermediaries. An ISO, or independent sales organization, is a company that resells payment services to merchants on behalf of a payment processor or acquiring bank. Agencies for Sale View Ads Call us and speak with experience. Independent Sales Organization (ISO) is a term that is thrown around quite a bit in the payment card industry, however not always accurately. The global contract sales market in the pharmaceutical industry alone is expected to reach $9. branding. means an organization registered with Visa and sponsored by an acquiring bank to sell Visa card acceptance services; also refers to an organization that works with and does business under the name of such a registered ISO. McKearney Associates, Inc. 2. Most FMOs commonly offer: Marketing tools; Lead opportunities;. We are looking for full time graphic designer for monthly basis candidate should have great skill on graphic software and creative design. Start by considering: Your budget: A bigger budget will allow you to invest in a larger, more specialized sales model like the pod or assembly line model. The Independent Sales Organization (ISO) is one of the key players in the online payment processing. Sales bookings are a KPI that measures wins over a set period. Location United Kingdom, Europe. So, if you’re looking to grow your merchant services business, congratulations! You’re in the right industry at the right time. The Direct Selling Association (DSA) is the national trade association for companies that market products and services directly to consumers through an independent, entrepreneurial sales force. pptx), PDF File (. When beginning a new sales process consider having a new manager to oversee it. It will often provide terminals to the merchants, as well as tech support, training, and customer service. Undertaking the role of an independent sales representative requires many traits in-order to be successful, the most prominent of which is possessing an enterprising attitude, a desire to control your own destiny and a hunger for greatness. 3. Sandy Travers. , with its principal place of business at 960. Overall, COVID caused sales to mature and increased the expectations placed on a sales team. By becoming a registered Independent Sales Organization (ISO), businesses can gain credibility and access a plethora of tools and resources. Percentage Non-Profit 0%. The main difference between an ISO and agent organizations is scale. However, MedCepts has seen a growing trend for contract sales opportunities in medical device sales. C. Get Started with PCI Compliance. You will see designations like FMO (field marketing organization) and NMO (national marketing organization) used interchangeably. 2. Small Business. 2 min Updated: Jun 8, 2023. As our ISO partner, you’ll enjoy competitive solutions, processing options, freedom of choice, comprehensive support, and vertically focused programs. Represent Manufacturer’s Or Franchisors. a wholly owned subsidiary of First Data corporation, and are registered or used in the U. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U. This often involves helping them open new merchant accounts with the bank, and some merchants will even seek them out. Today’s case alleges that the defendants – an Independent Sales Organization (ISO), sales agents, and their principals – provided the MNF scheme access to the credit card networks by submitting and approving fraudulent applications in the names of more than 40 fictitious MNF companies. ISOs often. Wondering how to increase revenue for your business?4. Participants are responsible for ensuring that the following Code requirements are. Completed applications should be sent to Virginia Tax, Nonprofit Exemption Unit, P. 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. Independent sales organizations are companies that partner with payment processors or more rarely banks to resell payment services directly to merchants. S. Here's what ISOs are, how they work and why you'd need one. 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. Examples: The sales quota for the three reps working within a 100 mile region is $75,000. Independent sales organizations or ISOs enable businesses to process credit cards. Agent Partners. pdf), Text File (. [email protected]. Find the Right Partner 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. Customer Support. Under BSA MSB regulations, the term “money. Per its website, it has partnerships with: Amazon. The entire sales cycle can be outsourced or only parts of it. Under the Bank Secrecy Act, the term “bank” is defined in 31 CFR § 1010. This program is Ideal for both established and start-up independent sales organizations, consultants and brokers who are in the business of providing financing to small business owners. With an independent contractor, one is paying for a product or result. " However, the law does not apply to all workers, and many are exempt from the ABC test. seeking independent sales representation and independent sales reps seeking new lines to represent. How Independent Sales Organizations Enable the Payment Ecosystem. SMA is a field marketing organization that partners with insurance agencies and their teams of independent agents to provide access to top Medicare and health insurance contracts such as Medicare Advantage, Medicare Supplements, prescription drug plans, under 65 health plans (ACA contracts) as well as. If you feel your current employment doesn't allow you to reach your full potential, you may want to consider becoming an independent consultant. This is certainly a unique and one of a kind direct sales company. 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. 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. IMO is short for “independent marketing organization. Governor Newsom signed the amendment into law on September 4, 2020. Our province’s ability to compete as a desirable place to live, invest and do business is thanks in large part to the contributions small. VIC Cosmetics sells makeup. ) 15. 1-800-725-1243. . is a second generation sales and marketing organization providing service to the art and craft industries. Pinnacle WebWorkz Inc. We're looking for Independent Sales Organization (ISO) Partners, working specifically with payment solutions, who resell our payment processing services and also provide basic merchant account support. Being a third-party organization, an Independent Sales Organization sets up partnerships with various. This critical sector requires values-driven leaders who bring a diverse range of perspectives and skills combined with the ability to lead in complex environments with wide ranges of. ISO stands for Independent Sales Organization. Independent. A merchant service ISO acts as the middle man between different acquiring banks and the merchants when it comes to providing payment processing services. This payment structure removes the burden of large. Independent Sales Organizations (ISOs) Need ISO Attorneys. The independent marketing organization you've been looking for. ISO Partnerships Becoming a Fiserv Independent Sales Organization (ISO) or FSP partner enables you to have more pricing flexibility when you choose to sell Fiserv. We offer a network for all professionals in medical devices, pharmaceuticals, biotechnology, and health care related products and services. Function structure refers to the sales organization structure that focuses on specialization within the marketing team. Location: Chicago, Illinois. Unsurpassed payment technology allows you to capitalize on every payment processing opportunity that comes your way. For more than a century, the Direct Selling Association (DSA) has served as the national trade association for companies that offer entrepreneurial opportunities to independent sellers to market and sell products and services, typically outside of a fixed retail establishment. The owners of privately owned ATMs, known as Independent Sales Organizations (ISOs), can be large-scale operators or single ATM owners where the ATM is located in the establishment controlled by the owner. 1. They are contracted by banks to acquire and manage merchant relationships on their behalf. Customer Support: (800) 910-8375. The merchant processing business of these banks is intensely competitive, with aggressive pricing. • A High Risk Independent Sales Organization (HR - ISO) is an ISO that enters into a contract with an acquirer to provide merchant solicitation, sales, customer service, merchant transaction solicitation and/or customer training to “high-brand risk merchants. AROMATHERAPY AND ESSENTIAL OILS DIRECT SALES. S. 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. The company provides its services independently of financial institutions or banks, and thus received its name. 1. Mid-Sized Business. Registered sales offices have a fully disclosed relationship with Tidal Commerce and agree to be a sales office of Tidal. 286. Operating across multiple industries, ISOs can represent anything from financial. List of Registered Independent Sales Organizations will encourage banks and merchants to obtain information on ISOs to ensure a better understanding of their business partnerships. Choose from a variety of competitive revenue sharing programs for the right compensation model, including risk, no-risk and full-service processing. We provide a one-stop shop to take care of all business owner’s financial technology needs. VERIFIED. your sales organization prepare for the future, which is coming at us faster every day. 100% Commission. MANA promotes legislation beneficial to members at the state level. The independent sales representative’s responsibilities include managing customer relationships, identifying networking opportunities, answering customers' questions, and finding new customers through cold-calling, emailing, and social media advertising. TPMOs may be a first tier, downstream or related entity (FDRs ). 5. Selection of the Watch List is based on the same criteria used for Top 20 companies. By aligning together, sales and marketing teams can bolster sales by focusing on top-quality prospects. Site Search. Merchant Support. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, independent sales. . And independent sales organization the a supplier who interconnects retailer to credit card processing. 2. 6. Registering as an official Independent Sales Organization (ISO). 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 . ”. Additional fees may apply to certain Clover apps, services or. In the payments industry, independent sales organizations (ISOs), member service providers (MSPs) and sales agents are often used interchangeably. According to an independent survey in the U. Asking your best and brightest if they know of anyone who might be a good fit is likely to turn up exactly the kind of talent you’re looking for. Resume Text. A statement that the salesperson is an independent contractor, not an employee, and that they are responsible for paying income taxes and will not receive. IRIS CRM — the payments industry’s top customer resource management system — is mission-critical software for many top ISOs. As our ISO partner, you’ll enjoy competitive solutions, processing options, freedom of choice, comprehensive support, and vertically focused programs. 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. ISOs make their money on commissions – known in the industry as residuals. Click on a company’s logo below. Exhibit 10. Independent Sales Organization (ISO): An ISO is an Independent Sales Organization that represents a Bank or Bank/Processor alliance. Said issuers then proceed to contact the specific bank that. Founded: 1898. , inc. Undertaking the role of an independent sales representative requires many traits in-order to be successful, the most prominent of which is possessing an enterprising attitude, a desire to control your own destiny and a hunger for greatness. Host in person or virtual parties where you open oysters and then choose beautiful jewelry for them to be placed in. Percentage of Public Organizations 0%. Visa’s Global Registry of Service Providers - Independent Sales Organizations and Encryption Support Organizations As of 6/15/2011 The following Independent Sales Organizations (ISOs) types are listed below: •MERCHANT (M) – Provides merchant solicitation support, sales support, customer service, merchant transaction solicitation or. 2. The states with the most Selling Power 500 companies are California (63), New York (49), and Illinois (40). 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. This might not seem much, but you earn on every card transaction a merchant processes. Visas Global Registry of Service Providers - Independent Sales Organizations and Encryption Support Organizations - U. Typically, ISOs are built by an outstanding salesperson. Knowledgeable sales force. Our retail sales solutions begin with knowledgeable. The company also provides third party processing and related services for credit card issuers, merchant acquirers, independent sales organizations, and financial institutions; and issuer processing services, as well as operates as a prepaid program manager. This can help you identify areas to. 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. Aggressive in sales and marketing for all products. That’s $250 of monthly recurring income if you sign up. They are authorised to sell or lease the services of banks and credit card companies. 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. Independent Sales Organizations (ISO) • ISO Merchant (ISO – M) – Conducts merchant account or transaction processing solicitation, sales, customer service, merchant training activities and / or solicitation and sales of POS terminals and / or mPOS devices. Independent reps’ line cards usually list several related, non. Sales bookings are a KPI that measures wins over a set period. . was founded in 1982 and is headquartered in Columbus, Georgia. A sales organization that is the third party and that works by signing up merchants to accepts credit cards. ISOs are third-party entities that serve as intermediaries between businesses and the payment processors or acquiring banks. In order to be successful, you need to sell the best products available for your area. independent sales organizations that sell complementary, but noncompeting, products from different manufacturers. Monat. 6. In some cases a payment processor, independent sales organization (ISO), or member service provider (MSP) is also a party to the merchant agreement. Independent sales organizations are a key part of the payments industry. However, if you find the right Independent Sales Organization CRM Software, you will see a wide improvement in the operation, production, and work quality. March 12. Bankers need to fully understand merchant processing and its risks. Group Independent Sales Organization Incorporated Overview. ISOs bridge the gap between providers and customers, offering sales, marketing and support services. It is a third-party payment processing company that is authorized to handle merchant accounts for businesses. They are contracted by banks to acquire and manage merchant relationships on their behalf. An independent sales organization is a third-party company that is contracted by a credit card member bank to procure new merchant relationships. Madhani. email@email. NOVEMBER 14, 2023, 06:30 AM. operator customers, including those that are Independent Sales Organizations (ISOs). 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. The nature of the relationships between and IMO and the insurance company it represents may differ slightly, but an IMO is essentially an intermediary between the insurance company and the financial advisor. The first two types (line and line staff) are the most common. Tech companies often use monthly sales bookings as a prime metric to track the value of their wins. The definition of Independent Sales Organization. They may also use distributors or ISOs. ”Their most recent diversity investment was on Aug 9, 2023, when ADARx Pharmaceuticals raised. In these cases, ISOs can open and mange merchant accounts on behalf of the small business. These resources enable them to provide top-notch payment processing services, making transactions seamless and secure. Lower Sales Costs — It is estimated that today’s average industrial factory direct salesperson costs $150,000 per year. Large Enterprise. 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. Sales Associate. 4. IRIS CRM — the payments industry’s top customer resource management system — is mission-critical software for many top ISOs. Here's what ISOs are, method they work and how you'd need one. An independent sales organization is a provider who. The satisfaction of being your own boss. Lack of Awareness About PCI-DSS Among Small Merchants 10 4. Don’t Micromanage. is $94,358. Pro's of independent Sales Rep roles: Unrestricted financial freedom and work-life balance. An Independent Sales Organization (ISO) is an individual or company that functions as the third-party intermediary between acquiring member banks and merchants, providing payment processing services to them. What ISOs Do. Whether you're looking for Direct Sales Companies to Buy products from, or Direct Sales Businesses for Homebased Employment, you can find it here. . Independent Sales Organization (ISO) is a term that is thrown around quite a bit in the payment card industry, however not always accurately. While ISOs are not directly part of any bank or other type of financial institution, they will work with businesses to help them sign up to accept credit cards in exchange for a percentage of the. 3. Getting projects completed requires numerous teams working together like a well-oiled machine. Independent Sales Reps & Distributors Welcome to the HSMN Message Boards! Please refrain from posting offensive messages as well as commercial advertising, solicitation and recruiting - such messages will be deleted by the forum moderators. An independent sales organization (ISO) is a specialized third party that sells credit card processing services outside a financial institution. Independent sales organization (ISO) agents have the potential to make a significant income – but only when they stay focused and disciplined. S. Getty. Outsourcing can cost less and requires less investment than a company-employed sales force. during this article, we’ll check out exactly how the MasterCard Associations of Visa and MasterCard define what an ISO is, how ISOs relate to the Associations and their member banks, how. As one of the largest payment processors for Canada, Clover’s all-in-one point-of-sale and payment solutions help small businesses grow. October 13, 2021 There are many moving parts in the payment industry, and keeping track of everyone involved in processing a credit card transaction can be a difficult task, especially for newer merchants just getting started. You can become an independent sales rep from home with the following steps: 1. Fortis is a registered ISO of Fifth Third Bank, N. The Grant Victor Family Of Companies. A statement that it is a nonexclusive sales agreement, allowing you to work with other sales representatives. IMDA - Independent Medical Specialty Dealers Association. This year we congratulate AMAROK for earning the top spot for a second consecutive year in the Selling Power 50 Best Companies to Sell For list. Independent Sales Organizations (ISOs) and Member Service Providers. If the ISO provides the equipment for handling credit card payments, for instance, it may. , Concord, CA. gov and run quotes in the area you will be working to make sure your FMO/IMO/GA has these contracts. Independent sales organizations ISOs are third-party entities that serve as intermediaries between businesses and the payment processors or acquiring. Working on a 1099 as independent contractors, manufacturer’s representatives are only paid commission on sales made in their defined territory. , a wholly owned subsidiary of The OLB Group, Inc. The Visa Global Registry of Service Providers is the payment industry's designated source for information on registered and compliant agents that provide payment-related services to Visa clients and merchants. 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. It's helpful to first identify and analyze your sales skills, including your strengths and weaknesses. e. Exhibit 10. ISOs help merchants, like IWorks, acquire merchant accounts with banks. You can have an elegant sales structure, but if your team members don’t understand their. 2000, the Commission encouraged. Promotion of the outsourced sales method of going to market to industry, government and academia. Distribution channel examples in business to consumer markets include: Manufacturers sell their products directly to retailers, using their own sales force. An independent sales organization will a provider who connects merchants to credit card processing. We want to stress that all the companies listed below have strong sales organizations that would maximize the success and performance of any salesperson. INDEPENDENT SALES ORGANIZATIONS Enhancing the value of ACH on an already robust platform! 63-0467 referralscheckcommerce. Marketing, Business Development and Networking resources for professionals in the medical and healthcare industry. S. Learn More. ISO (Independent Sales Organization) – This is basically the credit card processor, the company that serves as the middle man between the credit card companies and the merchant. An independent sales organization servicing contract furniture dealers, architectural and interior design firms in the office furnishings industry. Businesses can create new customer experiences through a single entry point to Fiserv. The public nature of Visa’s new U. Expanding Usage of Mobile Payments Solutions 11 4. Learn. Rep Hunter ® Reviews Blog Contact Us 877-895-2909 LoginSpecifically, you ask whether the services provided by the Company as an Independent Sales Organization (“ISO”) and as a payment processor would make the Company a money transmitter under the BSA. We work with hundreds of ISOs across the nation to help clients handle payment processing in ways that truly benefit them. These states account for about 30% of the total companies and. 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. Here's what ISOs are, whereby they works and why you'd need neat. Becoming a business loan broker can be complex. 6. Cross Department Connectivity. 0 Devices Expired 30 April • PCI PA-DSS v3. As a life insurance wholesale operation, LIFE designs and implements unbiased solutions as it pertains to your clients business, estate, and legacy planning needs. Independent sales organizations ISOs are third-party entities that serve as intermediaries between businesses and the payment processors or acquiring banks . Looking for graphic designer 6 days left. 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. ISOs and MSPs: Independent sales organizations – or merchant services providers, as they’re known in the Mastercard world – are frontline companies reselling payment processing on behalf of a. 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. Take Walmart, for example: currently, 666 of their sales jobs titles contain “Sales Associate”. An independent sales organization offers its internet merchant services through its partnerships with banks or other payment processors. Maximizing your earning potential. Independent sales organizations find and recruit merchants and sign them up for payment processing services. These states account for about 30% of the total companies and a whopping. 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. P. Sales Development Representatives (SDRs): Also commonly referred to as Qualifiers/Prospectors. Home: 000-000-0000 | Cell: 000-000-0000. Find Manufacturers Representatives and Independent Sales Reps. I need a l. We help you grow your business. Distributor. Bonus and commission opportunities are high with this job, with bonuses reaching. 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. An independent bargains organization your a provider who connectivity vendors to credit card how. C. They are authorised to sell or lease the services of banks and credit card companies. 14. ISOs aren’t tied to a single processor, however. They reported nearly $200,000 annual earnings with 10 years of medical sales experience. 10 * 200 = $20, so a total of $25. Working as an independent consultant can help expand the work that you do and allow. Generally, ISO sales representatives receive a commission for each merchant they sign. Exhibit 10. An independent sales organization is a provider who connects merchants to. ISO (Independent Sales Organization) – This is basically the credit card processor, the company that serves as the middle man between the credit card companies and the merchant. US Alliance Group Inc. According to Aberdeen Group, effective sales organizations are 81% more likely to consistently use a CRM or system of record. The larger the Independent Sales Organization is, the bigger the risks and liabilities that are associated with them. You should also check what product lines they have available. In the United States government, independent agencies are agencies that exist outside the federal executive departments (those headed by a Cabinet secretary) and the Executive Office of the President. Sales Professional Associations & Organizations bring people together to promote the industry's mission and to connect with like-minded professionals. v. Jamya Patrick. Saturday, April 01 2023. Starting from the very beginning, Independent Sales Organization is a third-party organization responsible for processing payments and handling merchant accounts for companies. Key Takeaway. With Governor Glenn Youngkin’s signing House Bill 1027 into law, companies providing “sales-based financing” in Virginia will now be required to provide. Become a sales agent for an existing company. While all three can sign up new businesses and offer payment processing solutions, independent sales organizations operate more on the front lines. Our team of over 500 professionals assure our customers of the best 24/7/365 service available.