Best Merchant Services Agent, ISO and Reseller Compensation Programs
Updated 05/31/2023 — If you are a merchant services agent, then you know the benefit of having a ISO program provider that you can trust and depend on to provide quality services to your merchants. Even though any ISO agent will tell you that a partner program that is high-quality is of utmost importance, it is still difficult to try and find a program that fits your needs. That’s because with all of the options, it can quickly become a messy, tricky process.
To provide you with some guidance as to the best ISO agent programs, this list will delve into the most reputable programs and why you should consider them as your processing ISO agent program. With this resource at your disposal, you’ll be one step closer to finding a credit card processing program that is right for you.
#1) Shaw Merchant Group
If support and experience are priorities for you when you are choosing a processing partner for your agent activity, then Shaw Merchant Group is one of the most obvious choices. For years, Shaw Merchant Group has been one of the best in the industry when it comes to customer support and length of experience. These are two very valuable assets to have when searching for a merchant processing partner at any point in your agent career, but they are especially important for agents that are just starting out. When you are just starting out as a merchant services agent, you need a partner that is both experienced and offers good support to guide you through the early stages and ensure your merchants get the very best service possible.
In addition to the customer service that they offer and the experience that they bring to the table, Shaw Merchant Group also happens to have some of the most high-tech and innovative digital payment products available on the market today. If you’re looking for the best of both worlds, then Shaw Merchant Group’s ISO agent program is definitely a great option for you.
For years, CardConnect has been one of the main leaders in the merchant processing industry. They feature a great ISO agent program that is one of the best in the country for those that are looking for growth potential. For ambition sales agents that want to maximize their earnings potential, CardConnect offers a very robust and lucrative bonus program that has rewarded good performance time and again.
Apart from the benefits that they have to offer in the way of earnings, CardConnect also has a proven track record of providing high-quality customer service to their merchants and agents. This is a huge selling point with merchants and helps to assure them that you will be there for them regardless of what happens.
Where CardConnect really shines is in the ease-of-use that they have to offer with the solutions in their product suite. Merchants often have a difficult time getting up and running and training employees on payment systems, but solutions from CardConnect basically solve this problem altogether. Their merchant services solutions feature easy-to-understand dashboards that provide you with all the functionality and processing power that you might need while still saying simple and easy.
If you’re looking less for a ISO partner that sits in the background and collects payments and more a partner that takes an active role in your business and helps you to succeed, then one of the best choices that you can make is PayProTec. PayProTec has a reputation in the merchant processing industry as being an ISO partner that gives you the tools that you need to succeed in a very competitive industry. In an industry like merchant services, you’ll take any help that you can get when it comes to selling merchant services. PayProTec will work hand-in-hand with you to get you established and give you actionable resources to increase your performance and market your business.
In addition to providing you with a wide range of tools to help your success, PayProTec also has incentives that will help your merchants feel more comfortable such as instant customer support and a free credit card terminal program to make your services look even more attractive to merchants.
Shift 4 Payments
The POS system that a merchant operates will always have a very large impact on how willing they are to make the jump to your services. When you work with Shift 4, you will see exactly the impact that working with one of the most reputable providers of POS systems in the world provides. When you work with Shift 4, you’ll be gaining access to one of the world’s most robust POS offerings, and you’ll be able to offer it for free. Shift 4 helped to pioneer the free point of sale system offering and they continue to offer it today to merchants around the world. When you can offer a brand new POS system to your merchants, they are much more likely to use your merchant services and be willing to open up a lucrative, long-term relationship with you as their merchant services provider.
Electronic Merchant Systems
If you offer merchant services to merchants that are considered to be in a high-risk industry or business, then you know the struggle of trying to find a good ISO agent program to take them on. If you do cater to these industries, then Electronic Merchant Systems might be the best option for you. EMS has been around for a while and in that time, they have established a reputation for catering to high risk merchants and putting together robust merchant services packages that remain affordable for a high risk merchant account.
One of the main strengths of Electronic Merchant Systems is that they allow a wide range of industries. Some high-risk merchants like to specialize in one industry, but EMS does it all. If you’re looking for a merchant processing program that will provide you with flexibility when working with these merchants, then there’s no better choice in the industry than Electronic Merchant Systems.
Registered ISO/DBA Program
Put your brand on merchant statements and applications — build your brand with your sub-agents and merchants. Full white label program with your logo and branding on applications, statements, online enrollment, merchant and partner portals.
We at Shaw Merchant Group have an awesome solution which we call Registered DBA. Basically we register your DBA under our registration so there is no huge package of documents for you to fill out, no approval process by Visa and Mastercard and the sponsor banks, and best of all no initial registration fees or annual dues. Here are some details on the “Registered DBA” program:
- Roughly 4–5 weeks to fully set up once we get the signed license document back
- Executed addendum from you saying it’s OK for us to use your brand too.
- This program can run on our standard schedule A’s with bonus and free equipment and has no other obligations from you other than the standard agent agreement
- When we set up the DBA you will have access to EPX/BMO Harris for submitting merchants under your brand. If you use any other processor (Global/First Data) you will sell under the their brand name.
What do we brand?
- Paper Applications
- Online Applications (Simplified Enrollment)
- Partner.PaymentsHub for your back office
- PaymentsHub for your merchants — It’s generic when your merchant logs in and then show your brand once inside
- Merchant Support Email — TMS (ticket management system) which emails you and your merchant each time we speak with your merchant and shows the proper brand in the notice and as the from address on the email.
- Merchant Support Phone — Our call centers answer with a generic “merchant services” then once they have the MID identified, they represent your brand.
- Deployment Packages — Generic boxes and welcome docs inside with proper brand