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Vanco Payment Solutions Profile & Reviews

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Vanco Payment Solutions Profile & Reviews

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

Read our profile and user reviews for Vanco Payment Solutions below to learn whether or not this is a credit card processor worth your time.

Want to find a Merchant Maverick-approved credit card processor? Try our filtering tool!

Review Data About Vanco Payment Solutions

  • Early termination fee: Unknown
  • Pricing model: Unknown
  • Online reputation: Unknown
  • Vetted by Merchant Maverick's experts: No
  • Average user review: 1 out of 5 stars (based on 1 reviews)

We haven't done a full editorial review of Vanco Payment Solutions yet, but we've spent hundreds of hours reviewing merchant account providers like this one. Learn more about our top picks below and why we think they are likely a better option for you than Vanco Payment Solutions.

Do you have experience with Vanco Payment Solutions? Leave your review below.

How Does Vanco Payment Solutions Compare?

Take a look at how Velocity Merchant Services stacks up against some of the best credit card processors we've reviewed.

Vanco Payment Solutions Payment Depot Stax by Fattmerchant PaymentCloud

Early Termination Fee

Unknown None None None

Pricing Model

Unknown Interchange-plus* Interchange-plus* Interchange-plus*

Online Reputation

Unknown Positive Positive Positive

Merchant Maverick Approved?

No Yes Yes Yes
Next Steps

None

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*All of our preferred processors use fully transparent Interchange-plus pricing rather than tiered pricing.

What We Look For In A Merchant Account Provider

  1. No early termination fees: Credit card processors use expensive early termination fees to lock you into your account for several years. We think that your merchant account provider should have to earn your business every month, so we only recommend providers that offer month-to-month contracts. A small account closure fee can sometimes be acceptable, however.
  2. Interchange-plus pricing: One of the best-kept secrets in credit card processing is interchange-plus (cost-plus) pricing. All processors have to pay some baseline "wholesale" costs to the credit card networks, and these rates are generally the same for all processors. The variable is the "markup" added onto these wholesale rates. Interchange-plus separates the wholesale from the markup. Membership (or subscription) pricing is a variant of interchange-plus where the entire markup is charged as a single flat monthly fee. Flat-rate pricing (like Square offers) where the markup is not separated is sometimes a good deal for low-volume business. Tiered pricing (where different flat rates are charged for different transaction "tiers") is the least transparent option and we never recommend it. Learn more about interchange-plus, membership, flat-rate, and tiered pricing, or see our complete rate and fees infographic.
  3. A long-standing good reputation: New merchant account providers are popping up all the time and they all provide very similar service offers. How do you know which ones you can trust? For us, seeing a long-term reputation of satisfied customers is critical. We also spend a lot of time verifying that the reputation is real and not created by fake reviews.
  4. Clear and accurate advertising practices: Even good service can be a problem if a merchant services provider is using unrealistic promises or gimmicks to gain your business. That's why it's important to us that our preferred credit card processors are 100% honest and transparent with both their marketing and their sales practices.
  5. High-quality support: Processing credit cards sometimes comes with unavoidable problems. Maybe some software or hardware is misbehaving, making there was a problem with your customer's payment method. We want to make sure that your payment processor is able to help you resolve these issues quickly and effectively.

Find the Best Credit Card Processor For You

Use our filtering tool to find the best credit card processor for your specific business.

Are You Processing $5,000 Or Less Per Month?

For low-volume businesses, a service like Square is likely to be the cheapest and simplest option. But if you'd prefer to have a higher level of stability, better support, and room to grow, then signing up for a traditional merchant account could still make sense.

Learn More About Credit Card Processing

Leave a comment

1 Comment

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    DONNA SMILEY

    Organization Name: FIELDS OF GLORY INTL MISSIONS TRAINING CENTER

    The lowest rating I could give since there is no zero. I cancelled my account with them and saw they were still billing me. I even forwarded a copy of my cancellation to their representative whom I spoke to in depth about needing to cancel that account thinking everything was fine then saw a charge on my account from them. So now I have to RECANCEL and get RECHARGED for what I already did!

    1
    • Organization Name: FIELDS OF GLORY INTL MISSIONS TRAINING CENTER

    This comment refers to an earlier version of this review and may be outdated.

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We recommend Square Credit Card Processing to UK businesses 🏆

Square Payments is a secure and reliable credit card processing platform. It's advanced solutions and broad feature-set makes it a great fit for most businesses.

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We love Fattmerchant as a credit card processor for its predictable pricing, excellent service, and integrated billing features. Get started today and get your first month for $5 with an exclusive Merchant Maverick promo.

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Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

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