Wholesale ISO

A Wholesale ISO (Independent Sales Organization) is an organization that has a direct relationship with a card member association like Visa or Mastercard. In contrast to a retail ISO, a wholesale ISO can sponsor other ISOs into the card member associations, set pricing, and assume risk and liability.

Wholesale ISOs play a crucial role in the payment processing industry by providing a link between retail ISOs, merchants, and the card associations. They offer a range of services, including payment processing, merchant account setup, and support.

Becoming a wholesale ISO requires meeting specific criteria set by the card associations, including financial stability, a proven track record in the payments industry, and the ability to manage risk effectively.

Wholesale ISOs are responsible for ensuring compliance with the card associations’ rules and regulations and for managing the relationships with the retail ISOs and merchants they serve.