4 ms·
Actually, in the UK, banks are pretty much the only way of getting a merchant account, see: http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&i
by tow21 16y ago
Actually, in the UK, banks are pretty much the only way of getting a merchant account, see:
http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1073791016&r.s=e&r.l1=1073858790&r.lc=en&r.l3=1073920405&r.l2=1073858942&r.i=1073791013&r.t=RESOURCES http://www.businesslink.gov.uk/bdotg/action/detail?type=RESO...
(sorry for shitty URL)
The only non-bank merchant accounts you can get are Amex & Diner's Card, both of which only work for their own cards.
- omarchowdhury 16y agoHe's referring to Independent Sales Organizations (ISOs), which are groups sponsored by acquiring banks to underwrite, provision and maintain merchants accounts for clients.