NMI Blog

Are Payment Facilitators The Beginning Of The End For ISOs?

Posted by Alexis Lesa on Oct 26, 2015 12:41:34 PM

Ten years. That’s roughly the length of time between the introduction of the DVD and the almost total removal of the VHS videotape from mainstream retail marketplaces. Square, the payment facilitator often cited as a payments industry game-changer, launched its app fueled by payment facilitation technology five years ago. Could that mean the next five years will bring slow decline of the traditional independent sales organization (ISO) into eventual obsoleteness?

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Topics: payment industry trends, payment facilitation, ISO, payment facilitator