Spindle, Inc. has entered into a strategic agreement with Moolah, LLC, an independent sales organization (ISO) to integrate its merchant aggregation and payment processing infrastructure.
Spindle’s merchant aggregation and payment processing infrastructure will be completely integrated into Moolah’s ecommerce and mobile offerings.
This will help Moolah to offer instant merchant onboarding, increase merchant approval rates, and allow customers to begin accepting credit card payments in little time.
Spindle CEO Bill Clark said, "We are committed to empowering ISOs to expand their base by onboarding merchants in a streamlined, time-efficient manner, and to supporting the growing reliance on mobile and ecommerce acceptance."
"Spindle will continue to offer innovations that enable ISOs and merchant services providers to deliver the latest capabilities that satisfy evolving consumer preferences."
Moolah plans to leverage Spindle’s streamlined onboarding process to quickly underwrite merchants, including companies that may not have been approved through traditional means.
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Moolah offers tablet POS, ecommerce and mobile payment processing services to a number of merchants, including restaurants, bars, mobile and online businesses, and small brick-and-mortar customers.