Forum
Getting Started
I am an experienced bank rep researching which entities to partner with in the future, so I am not an official ISO yet. If you know of someone who could give me unbiased recommendations, that would be appreciated. Thank you.
Karen
Karen:
The ISO Forum is a networking space for ISOs. While no recommendation would be "unbiased," it would be based on personal experience. Many hundreds of Forum participants have received valuable information and support from others in the industry who are striving to build their business.
Our mission statement is to provide education, inspiration and actionable advice for ISOs selling payment-processing solutions. The entire backlist of The Green Sheet (published bimonthly) is available online at no charge. Additionally, our quarterly publication, GSQ, is now available online in PDF format. The GSQ provides our annual in-depth reports on bankcard acquiring, equipment and the ISO marketplace.
Both of these libraries can be searched with our "Fast Finder." You can search by company name, product, keyword, etc. to find the payment-processing articles you need. For instance: A search with the term "merchant portfolio" found 1,667 total matches in four seconds within 126 pages. Each of these pages is then listed with links to the original article, a "highlighted version" of the article containing the search terms in highlighted text, and a PDF version.
The Resource Guide Online offers paid classified advertising with categories such as "Leasing," "ISOs Looking for Agents" and "Equipment," to name a few.
When you register for our free subscription to our print publications, you also will receive the user name and password to our "Preview Access Issue" and "Knowledge is Power" areas of the site. Additionally, we can send you a complimentary copy of Paul Green's "Good Selling!SM." This book is the best sales training manual available specifically for our industry.
Good Selling!SM
The Green Sheet Staff
From Paper to ACH
I first want to say I'm an avid reader of The Green Sheet. It's always very educational and informative.
I own a processing center that prints paper drafts for small businesses, and I'm also an agent that provides merchant card setup and electonic payment solutions. Here are my questions to you:
I want to upgrade from paper drafts to ACH processing to keep my company current with technology. What ACH software do you suggest that would facilitate this change? Whom would you recommend I talk to? I thank you in advance for your help and advice.
Teresa
TNT Asset Resources APS
Teresa:
We went to Mike Gilchrist, Vice President, Western Payments Alliance for an answer to your question:
"To upgrade from paper checks to ACH processing, financial institutions need to implement new technology that can convert paper drafts into the appropriate ACH formats. This electronic file then can be processed through the Automated Clearing House, either by working directly with a major financial institution to originate these items or with a third-party processor. The Western Payments Alliance (www.wespay.org) can offer referrals to third-party providers of these services."
Good Selling!SM
The Green Sheet Staff
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