Some agents and ISOs believe that building a profitable book means closing numerous deals. That’s certainly nothing to scoff at. However, actual profit comes from retaining the merchants you sign on, optimizing value, and making informed decisions early. Because you want to learn how to build a merchant services book…
Whether you’re ready to sell or you’re just curious about your portfolio’s worth, a valuation can provide the information you seek. It’s essential. Well-managed merchant portfolios can generate significant income. However, like any asset, their actual value is about much more than what hits your bank account. Understanding how buyers…
There’s not much that’s better than earning money each month. That’s the reality for agents and ISOs worldwide who’ve set up their card processing portfolios correctly from day one. Setting up your first card processing portfolio correctly can mean establishing an ideal foundation for enjoying a predictable income; getting it…
Success in the merchant services industry involves multiple parties working together. Agents and independent sales organizations (ISOs) sell payment processing to merchants. This platform enables a merchant’s customers to use debit or credit cards to make purchases. A processor works behind the scenes to facilitate transactions, ensuring that all parties…
If just the words “cold outreach” strike fear in your heart, you’re not alone. Velocity Funding is here to help new merchant services agents handle cold outreach like a pro. Whether you’re brand new to this industry or a seasoned agent looking to brush up on your skills, we’ve got…
Signing a merchant deal is a significant decision. An enticing offer can help you with life-related expenses, reinvesting to expand your business, or exiting the merchant services industry. However, you don’t want to rush into this process without understanding several essential terms. Sometimes, the terms and conditions in a merchant…