Which of the following entities is typically responsible for handling merchant accounts?

The Independent Sales Organization (ISO) is typically responsible for handling merchant accounts because they serve as intermediaries between merchants and the payment processing networks. ISOs facilitate the setup, maintenance, and management of merchant accounts, allowing businesses to accept credit and debit card payments. They assist merchants in obtaining the necessary relationships with banks and payment processors, which are crucial for processing card transactions.

ISOs offer various services that include underwriting, customer support, and training to help merchants manage their accounts effectively. This allows businesses to focus on their core operations while ensuring that their payment processing needs are met efficiently. The specific role that ISOs play is essential in the overall payment ecosystem, bridging the gap between merchants and financial institutions, which reinforces their responsibility in handling merchant accounts.