Compensation & reporting
Residual definitions, pricing schedules, deductions, changes to buy rates, reporting access, and reconciliation procedures.
Carbide Law
ISO agreement review before you sign or renegotiate.
For ISOs, sales organizations, and payments businesses negotiating the contract behind a residual stream. Review the compensation terms alongside the provisions that can affect control, risk, and the ability to exit.
Review the economics and the operating relationship together
Termination & continuity
Default and cure provisions, post-termination compensation, amendment rights, restrictions, and transition obligations.
Portfolio & risk
Merchant relationships, solicitation limits, assignment and sale provisions, reserves, indemnities, and allocation of losses.
A review built around the decision you need to make
- Define the transaction. Identify the counterparties, your role, commercial goals, and signing deadline.
- Assemble the contract set. Include the proposed agreement, schedules, addenda, incorporated policies, pricing, and earlier amendments.
- Prioritize the negotiation. Agree on the scope of review, such as an issue list, proposed revisions, or negotiation support.
The review can address a new processor relationship, renewal, acquisition of a portfolio, or a change to an existing compensation arrangement. The appropriate work depends on the documents and jurisdictions involved.
Already facing unpaid residuals?
A contract negotiation and an existing payment dispute require different preparation. If your processor has stopped paying, preserve notices, reports, amendments, and payment records.
Prepare for a processor residual review · Understand the ISO dispute framework
Discuss your ISO agreement
Work with Kasim Carbide, an Illinois-licensed attorney with payments and fintech in-house experience. Review scope and fees are agreed before engagement.
Prepare for a consultation