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TSYS Merchant Solutions
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TSYS Merchant Solutions Review

TSYS lacks pricing transparency and pushes expensive tiered pricing plans, so most small businesses should look elsewhere for a merchant services provider.

    Shannon Vissers
  • Last updated onUpdated

  • Frank Kehl
  • REVIEWED BY

    Frank Kehl

    Senior Staff Writer

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

TSYS Merchant Solutions

Total Rating 3.1
Fees & Rates3.0

Products & Services4.6

Contract2.0

Sales & Advertising Transparency3.2

Customer Service3.2

User Reviews3.7

TSYS Merchant Solutions At A Glance

  • Offers full suite of software & services for processing payments online and/or in-person
  • Sales reps push expensive tiered pricing (interchange pricing available upon request)
  • Long-term contract with ETF

 


Shannon Vissers

Shannon Vissers

Lead Staff Writer at Merchant Maverick
Shannon has been writing for Merchant Maverick about small business software and financing since 2015. She started writing professionally about business topics in 2005. Shannon has been featured in the Washington Post, Reader's Digest, US News, MSN, Yahoo Finance, Business Insider, and other publications. She has a bachelor's degree in English from San Diego State University and currently resides in San Diego, California.
Shannon Vissers
View Shannon Vissers's professional experience on LinkedIn.

Credit Card Processor Review Methodology

We evaluate and test each payment processor that we review at Merchant Maverick, placing special emphasis on certain key characteristics in order to generate our granular ratings for merchant accounts and credit card processors.

For payment processing reviews, we use a 24-point rubric to evaluate the provider. First, we look at pricing structure – interchange plus, subscription-based, tiered, or hybrid – giving the most points to providers that provide fair, transparent pricing and docking those that rely on tiered models. Then we examine rates, the presence and transparency of early termination fees, and any additional fees.

We also look at contract length and fairness and test out sales staff and customer service channels ourselves to ensure that the company uses reputable, above-the-board sales techniques. Finally, we take the company’s online reputation into account, reading customer reviews and comments.

Read more about how we rate payment processors.




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