“It’s 11 o’clock. Do you know where your children are?” This was a popular PSA broadcasted to parents in the ’70s and ’80s, back when “stranger danger” was just about the scariest thing out there. Now, I have an equally important PSA for small business owners: “You have your processing statement. Do you know your […]
Pros Month-to-month agreement No setup or application fees Good customer support Cons Deceptive advertising Limited pricing disclosed online Expensive for low-volume merchants Overview I’ll admit that CreditCardProcessing.com is a solid name for a merchant account provider. Like the gateway company Authorize.Net for authorizing transactions, CreditCardProcessing.com’s name pretty much says what it does. And, like Authorize.Net, the business […]
Pros Cost-plus pricing possible Low monthly fee possible Cons Deceptive sales tactics No pricing disclosed online Early termination fee Expensive for low-volume merchants Numerous public compliants Overview Founded in Texas in 1989, Merchants’ Choice Payment Solutions (a.k.a. MCPS or Merchants’ Choice) has to be one of the older merchant service providers I’ve reviewed. Did we even […]
Pros Ideal for property management industry Good marketplace tools Good website & advertising Predictable flat-rate pricing Cons Not good for traditional retail and restaurants Poor customer support Overview My husband likes to tell the story of the sunken stones from the island of Yap. He heard a piece on Planet Money about the ancient Yapese people […]
Pros Transparent cost-plus pricing Month-to-month agreement Cons Deceptive advertising Poor customer service Numerous public complaints Overview For our review of Merchant Bankcard, let’s dive right into what you learn from the company website. If you head over to merchantbankcard.com, you’ll find a sleek, modern homepage. You’ll immediately notice the headline graphic featuring stacks of coins […]
First, a confession: I am still pretty new at reviewing merchant service providers. MSPs, that is–I’ve got the lingo down now. But it wasn’t too long ago that I had no idea what that term even meant. No one is born with knowledge of merchant accounts, and the first thing I learned when I began […]
Pros Chinese & Spanish language support Caters to a wide variety of industries Cons Poor customer support Deceptive sales tactics Deceptive advertising Early termination fee Expensive for low-volume merchants Overview How do you review a merchant account provider with two contradicting websites, and when no one from the company will talk with you to explain anything? […]
Simple and streamlined to the core, it’s no wonder the ancient art of street food vending has blossomed with the increasingly fast pace of life. The humble food cart fully launched into the modern era with the introduction of mobile payment processing solutions offered by companies like Square. With pricing and equipment tailored for low-volume/low-ticket […]
Pros Few public complaints Month-to-month agreement possible Good for high-risk merchants Cons No pricing disclosed online Expensive for low-volume merchants Early termination fee possible Overview Did you know there’s a pile of cash on every street corner in America? I certainly didn’t–that is until I was enlightened by FlashBanc, a merchant acquirer based in Boca […]
Pros Good developer tools Few public complaints Good customer service Cons No pricing disclosed online Early termination fee Overview Remember when sticking a little “e” on the front of words was all the rage? eCommerce! eBay! eHarmony! I vividly remember signing up for a magical service called “e-mail” in 1998. Man, I’m officially old. The […]
The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.
Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.
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