Best for
Specializes in
Mobile Credit Card Payment Processing, Credit and Debit Card Processing, Merchant Payment Processing, Retail Credit Card Terminals and Credit Card Readers, Business Funding Solutions, point of sale systems, and Merchant Services
Pricing Summary
Setup Fee: $0
Monthly Fee: $15
Swipe Rate: 1.37% - 6.00%
Keyed-in Rate: 1.37% - 6.00%
Early Termination Fee : Up to $350
Contract Terms:
CreditCardProcessing.com has been providing merchant accounts and credit card processing since 1998. Today, over 153,000 businesses trust CreditCardProcessing.com with their credit card processing needs. Our compassionate and knowledgeable sales consultants will patiently guide business owners through every step of the process that is involved with facilitating the ability to accept credit cards.
CreditCardProcessing.com is a merchant account provider that appears to have operated as either a subsidiary or an ISO ofPaysafe (formerly iPayment). An early version of the company’s homepage described it as “an iPayment company,” so it is likely that CreditCardProcessing.com exclusively offered iPayment contracts prior to its acquisition by Paysafe Group. It is unclear at this time whether CreditCardProcessing.com acts as a reseller for Paysafe or operates independently. The company also advertises Clover as a POS solution.
CreditCardProcessing.com states that it was founded in 1998 (although it’s possible that the company is simply using iPayment’s founding date) and claims to serve over 153,000 merchants. Ryan Mirpanah is listed as the most recent director of sales at CreditCardProcessing.com. The company is a registered ISO/MSP of Woodforest National Bank, The Woodlands Texas and of Compass Bank an Alabama State Chartered Bank, and is headquartered at 128 Vision Park Blvd, #300, Conroe, TX 77384.
Head Quarters
128 Vision Park Blvd, #300, Conroe, TX 77384.
Year Founded
1998
CEO
Ryan Mirpanah
Employees
50
Merchant Provider Risk Tolerance
Month-to-month agreement
No setup or application fees
Good customer support
Deceptive advertising
Limited pricing disclosed online
Expensive for low-volume merchants
CreditCardProcessing.com offers retail and restaurant terminals, POS systems, mobile payment processing, phone and mail order processing, digital loyalty programs, e-commerce solutions, and serves customers in almost all industries in order to fulfill their individual business’ needs.
Discloses All Important Terms
No
Public Pricing Available
Yes
According to merchant complaints, the standard CreditCardProcessing.com can be cancelled at any time with no early termination fee, but one merchant in the comment section of this review does report a cancellation fee of up to $350. Complainants have described many various fees through the company, including a $99 annual PCI compliance fee, a $7.95 monthly gateway fee, a $5 monthly statement fee, a variable monthly minimum fee, and a tiered pricing plan with rates that vary from merchant to merchant.
The company also provides POS solutions and gateway services on its website. However, no details regarding gateway fees or other charges associated with equipment leases are disclosed on the website. CreditCardProcessing.com does advertise its use of Clover POS systems, which carry their own terms of service. It is not clear whether the company leases these POS terminals or is a reseller of Clover’s equipment.
In addition to its storefront payment processing services, CreditCardProcessing.com also dedicates a portion of its website that advertises its virtual terminal and payment gateway services. However, pricing on either of those services is not disclosed. However, the website does state that there is no set-up fee associated with these services. Additional rates and fees, including gateway fees, technical support fees, batch fees, and additional transaction rates typically apply to these e-commerce services.
Pricing Model
Tiered Pricing
Swiped Rate
1.37% - 6.00%
Keyed-in Rate
1.37% - 6.00%
Mobile Payment Rate
Unknown
Virtual Terminal Rate
1.37% - 6.00%
Monthly Fee
$15
Payment Gateway Fee
Undisclosed
Batch Fee
Undisclosed
Early Termination Fee
Up to $350
PCI Compliance Fee
$99 Per Year
Equipment Lease Terms
Undisclosed
Address Verification Service (AVS)
$0.05/transaction
Application Fee
Unknown
Account Setup Fee
$0
Gateway Setup Fee
$7.95 Per Month
Annual Fee
Unknown
Monthly Minimum
$25
Statement Fee
$5 Per Month
CreditCardProcessing.com appears to offer a month-to-month contract with no termination fees.
Contract Length
Month-to-month
Early Termination Fee
Up to $350
CreditCardProcessing.com have been accredited with the Better Business Bureau since December 2013 and is currently showing a grade of “A+" with 10 complaints in the last 36 months. 3 of these complaints were related to the product or service and 7 had to do with Billing/Collections issues. CreditCardProcessing.com resolved 1 complaints to the satisfaction of the merchant, while the remaining 9 either were resolved to the dissatisfaction of the merchant or did not receive a final response from the merchant.
BBB
A+(10 complaints)
N/A
N/A
Yelp
N/A
Total Online Reviews
50+
Total Online Complaints
30+
Lawsuits
None
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