The First Five Steps to Build a Merchant Services Book That’s Profitable| Velocity Funding
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… The post The First Five Steps to Build a Merchant Services Book That’s Profitable appeared first on .|
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… The post Get Your Free Merchant Portfolio Valuation Checklist appeared first on .|
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… The post Setting Up Your First Card Processing Portfolio Right: A No-Nonsense Guide appeared first on .|
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… The post How to Choose a Merchant Services Processor for a Stronger Portfolio appeared first on .|
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… The post Cold Outreach Tips for New Merchant Services Agents appeared first on .|
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… The post Understand These Key Terms Before Signing Merchant Deals appeared first on .|
Every business venture must start somewhere. Even agents and ISOs with million—or billion-dollar portfolios spend time getting started managing their first accounts. This time, you lay the groundwork, learn from trial and error, and develop the skills and experience to shape your unique path to success. Laying the groundwork now… The post How ISOs and Agents Start Building a Processing Portfolio appeared first on .|
Starting in a new industry can feel both exciting and challenging. Those new to being Independent Sales Organizations (ISOs) and agents feel this same mix of emotions. Navigating variable pricing models, a seemingly endless number of processing platforms, and a steep learning curve makes it easy to make early mistakes.… The post What New ISOs and Agents Should Know About Card Processing Deals appeared first on .|
Payment portfolio sales mistakes, such as a lack of planning, residual concentration, and a lack of monitoring, can be costly. Find out how to avoid them.| Velocity Funding
Leveraging AI in the payment industry helps agents and ISOs reduce fraud, improve approvals, and manage their merchant portfolios with complete confidence.| Velocity Funding