Best Merchant Rates (BMR), a US-based Independent Sales Organization (ISO), has inked a contract with Phoenix Managed Networks, a global provider of payments communications, gateway and payment support services.

Under the terms of the deal, BMR will incorporate PayGate, Phoenix’s hosted electronic payment service, into its existing suite of services. Phoenix PayGate supports a range of payments including credit, debit, electronic benefits transfer (EBT), gift, loyalty and check transaction processing and has been developed for the ISO channel.

Phoenix PayGate is a white labeled service with support for recurring payments, tokenization and data import tools. It combines security features and functionality, providing customers with an entry point into virtual payments processing.

Most recently, Phoenix Managed Networks has signed a contract with payment services provider Prima Payments Canada, to provide the latter with its PaySecure service.