Exploring part-time payment processing in the US; seeking ISOs with attractive residuals, minimal post-sale involvement, and solid initial training. Suggestions for a newbie would be appreciated.
Hey Charlie31, I found this thread super intriguing! I’ve been doing a bit of homework on this topic, and while I don’t have all the insider info, I’m trying to piece together what makes for a solid side hustle in payment processing. I’ve been particularly curious about how the newer ISOs stack up compared to the old guard in terms of both residuals and ongoing support. From what I’ve seen, some companies really invest in comprehensive initial training even if you’re new to the field, which could be a game changer. But I’m also wondering about the level of post-sale interaction—how minimal is minimal enough to allow you to keep things on autopilot?
Does anyone have insights on their experience with the customer service and backend support once you make the sale? I’m keen on knowing if there’s a consensus on which ISO offers a good balance here. For those who might have dipped their toes in both camps, do you lean towards a more engaged approach even if it means sacrificing a bit on residuals, or do you go for the minimal fuss option? Excited to hear more thoughts and experiences!
I have found that partnering with an ISO that provides robust initial training and a clearly defined process greatly reduces the challenge of entering payment processing as a side hustle. My experience suggests that the value lies in having a firm that balances offering attractive residuals with limiting extra administrative tasks post-sale. This model lets you focus more on growing your business while the ISO handles critical support functions. It is crucial to evaluate if the compensation structure fairly aligns with the device used in training and the actual assistance provided after sales have been made.