Independent sales organization
nouncandidate·updated May 12, 2026
A non-financial institution organization that provides a variety of merchant processing functions on behalf of the acquirer. These functions include soliciting new merchant accounts, arranging for terminal purchases or leases, and providing backroom services. An Independent sales organization is also referred to as a member service provider (MSP). The acquirer must register all Independent sales organization/MSPs with the bankcard associations.
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- A non-financial institution organization that provides a variety of merchant processing functions on behalf of the acquirer. These functions include soliciting new merchant accounts, arranging for terminal purchases or leases, and providing backroom services. An Independent sales organization is also referred to as a member service provider (MSP). The acquirer must register all Independent sales organization/MSPs with the bankcard associations.