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MLS: Any individual whose primary activity is the direct acquisition and procurement of prospective merchants from the introduction to the handling of conversions and applications to eventual deployment.
ISOs/MSPs: Individuals who are registered but are personally and primarily active in the direct selling and implementation of new merchant accounts.
MLSO: Any company involved in the acquisition of payment processing accounts. This includes registered or non-registered sales offices that, because of their volume, do not qualify for the MLS category, acquiring banks,
and acquiring processors.
VENDOR: Any peripheral business that supports directly or indirectly the payment processing industry but isn't directly acquiring merchants.