Best for
Businesses nationwide want to maximize their revenue with a state-of-the-art payment solution.
Specializes in
Employers in the restaurant industry from those operating food trucks, restaurants, bars, and nightclubs who want a safe, secure, point of sale (POS) experience with every purchase. AB POS Solutions also helps customers with their menus, managing their tables to increase revenue, providing nutrition options, and the overall restaurant management.
Pricing Summary
Setup Fee: Undisclosed
Monthly Fee: $29.99
Swipe Rate: Interchange + 0.50% + $0.08
Keyed-in Rate: Interchange + 0.50% + $0.08
Early Termination Fee : $500+
Contract Terms:
The company is located in Upper Marlboro, Mayland.
It lists its president as Abner Gonzales.
AB POS Solutions was founded in 2012.
Since the company's humble beginnings in 2012, AB POS Solutions has grown into a powerhouse in merchant services, software development, and payment services. It provides merchants in the food industry a path to reduce costs, increase revenue, and increase productivity.
The software they have developed and continue to develop helps the restaurant industry in all aspects of their business now and in the future.
AB POS Solutions prides themselves on their professional approach to business. This professionalism translates directly into a low complaint total across the ten years of their existence.
According to the Better Business Bureau, they only have one official complaint in the past three years.
Head Quarters
Upper Marlboro, Maryland
Year Founded
2012
CEO
Abner Gonzalez - President
Employees
50
Merchant Provider Risk Tolerance
Hardware and Software
AB POS Solutions focuses on providing merchants in the food industry with top-of-the-line equipment and payment options.
They work exclusively with Dessert POS systems. They offer a wide range of options from fully integrated registers to handheld terminals.
In addition, they offer a full range of support equipment, including printers, consoles, cash drawers, and scanners.
They also offer a selection of software that can be catered to specific food industries. AB POS Solutions created AB Go, a digital tool to provide virtual menus, tableside ordering, and offer streamlining analytics behind the scenes.
Value-Added Services
The only value service offered on the company website is loyalty/gift cards. These can be used to help build brand awareness and a customer base.
Supported Payment Types and Services
Visa
Mastercard
American Express
Diners Club
Discover
Android
Apple Pay
Google Pay
JCB
Discloses All Important Terms
No
Public Pricing Available
No
No fees are disclosed on the company website.
This may be because they offer different prices for their equipment based on company needs and potential lease agreements. For instance, if a restaurant wants to lease twenty hand-held terminals, AB POS Solutions may offer them a lower price than a food truck that wants to buy a single terminal.
There are references to tiered and interchange-plus rates in customer reviews, but these most likely refer to pricing offered by the company to which the merchant account is sold.
There are annual fees and monthly fees referenced in customer reviews. There are no clear indications of what those fees amount to, but it is evident that it is something a merchant needs to be aware of in their contract negotiations.
Pricing Model
Interchange Plus
Swiped Rate
Interchange + 0.50% + $0.08
Keyed-in Rate
Interchange + 0.50% + $0.08
Mobile Payment Rate
Virtual Terminal Rate
Interchange + 0.50% + $0.08
Monthly Fee
$29.99
Payment Gateway Fee
Undisclosed
Batch Fee
Undisclosed
Early Termination Fee
$500+
PCI Compliance Fee
Undisclosed
Equipment Lease Terms
Undisclosed
Address Verification Service (AVS)
Application Fee
Account Setup Fee
Undisclosed
Gateway Setup Fee
Annual Fee
$89.99
Monthly Minimum
Undisclosed
Statement Fee
Undisclosed
On the company website, it is stated that contracts start at three years with a two-year automatic renewal. This refers to the equipment and software leases and not an actual merchant account. That contract is sold to a separate company.
AB POS Solutions holds the lease on the equipment or use of their software and does have a $500 early termination fee. However, that information is clearly stated in the contract agreement.
It is unclear if the hardware is available for purchase or only for lease.
Contract Length
3 Years
Early Termination Fee
$500+
With a wide range of options for merchants, the setup time is just as varied. Hardware takes days or weeks to be delivered, while software can be downloaded and installed in a matter of minutes.
At this time, it appears the only support options are a phone number and a form message. However, there is a customer login section that may offer more tech support than is visible from the outside.
BBB Rating
A+
There is one Better Business Bureau review and a single complaint for the past three years. It appears that the company addressed the complaint, but the customer failed to follow up.
The complaint is related to rates and fees. With AB POS Solutions being a reseller of merchant accounts this could have more to do with rates being passed down from the company that holds the actual account. As the matter was addressed privately, it is unclear on the specifics of the rates and fees.
AB POS Solutions has a 5/5 star rating.
Other Online Reviews
There are no further negative reviews to be found online. Likewise, there are no positive reviews.
BBB
A+ but is not BBB Accredited. (0 Review; 1 Complaint)
No Reviews
No Reviews
Yelp
N/A
Total Online Reviews
10+
Total Online Complaints
Lawsuits
None
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