Before setting up a merchant account for your business, it's critical to weigh all the options. ISOs, or independent sales organizations, represent banks. They act as the middle man between your company and the banking institution. Your bank may offer merchant account services in conjunction with a business account package. When you approach a bank for general banking needs, ask if this service is included when opening an account. You may want to consider a registered credit card broker because they are typically less expensive and can consult you with their expertise in merchant services.
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