Best for
Mid-risk businesses that interact with international customers often
Specializes in
Global payment gateway, mobile POS, international payment processing, custom reporting, prepaid cards, merchant services
Pricing Summary
Setup Fee: $0
Monthly Fee: Undisclosed
Swipe Rate: 1.00% - 4.99% + $0.10
Keyed-in Rate: 1.00% - 4.99% + $0.10
Early Termination Fee : Undisclosed
Contract Terms:
Allied Wallet is a merchant account provider with an international focus. The company specializes in online payment processing. Merchants can use Allied to start accepting more than 80 country-specific payment methods, along with all major credit and debit cards. Allied Wallet also offers mobile POS solutions and custom reporting, among other services.
Allied Wallet is a merchant account provider that’s based out of London. The company was founded in 2002 by Andy Khawaja, its current CEO. According to Allied’s website, the company serves more than 88 million users worldwide.
Many merchants who use Allied do so because of its international focus. The company allows merchants to transact in more than 160 currencies and more than 80 different country-specific payment methods. This can be very useful for merchants who want to make it easier for people across the world to purchase their products.
Unfortunately, the company is fairly secretive about its pricing practices. Allied has advertised rates as low as 1.0% + $0.10 in the past. But it’s unclear if the same deal still exists today. Ultimately, it appears as though Allied Wallet varies the fees and pricing structures that it uses from merchant to merchant.
Allied Wallet currently has an A+ rating with the Better Business Bureau. But merchants have filed a moderate number of complaints about the company. Many of these reference fund withholding, but it appears as though it’s mostly high-risk merchants who complain about this.
Head Quarters
London, United Kingdom
Year Founded
2002
CEO
Andy Khawaja
Employees
1000
Merchant Provider Risk Tolerance
Global Payment Processing
Merchants can use Allied Wallet to process a wide variety of payments on a global scale. The company’s service lets merchants accept credit cards, debit cards, and many other types of country-specific payments.
The result is a payment processing solution that provides more than 80 alternative payment methods to your customers from across the globe. With Allied Wallet, a merchant can transact in more than 160 currencies. This makes it an excellent solution for merchants who interact with a large number of international customers.
Custom Reporting
Allied Wallet’s reporting dashboard is quite good as well. It allows merchants to track real-time transaction data from anywhere in the world on a single device. The service also makes it easier to keep track of sales with automated reports that generate at regular intervals. These provide in-depth visualizations for each transaction that you process.
Mobile POS
Allied Wallet’s mobile POS system is called AW mPOS. It’s an application that accepts all major credit cards and pays directly to your bank account. The app is super straightforward to use. You just download it on an Android or iOS mobile device and plug in a credit card reader. As long as you have an account with Allied, you’ll be able to start using its mPOS system right away.
Discloses All Important Terms
No
Public Pricing Available
Yes
There’s very little information available online about Allied Wallet’s prices. From what we can piece together, the company appears to favor a flat-rate pricing structure with a variable per transaction fee. But this can vary from merchant to merchant.
We do know a bit more about the company’s fees. Allied Wallet charges the following fees:
Pricing Model
Flat Rate
Swiped Rate
1.00% - 4.99% + $0.10
Keyed-in Rate
1.00% - 4.99% + $0.10
Mobile Payment Rate
1.00% - 4.99% + $0.10
Virtual Terminal Rate
Monthly Fee
Undisclosed
Payment Gateway Fee
Undisclosed
Batch Fee
Undisclosed
Early Termination Fee
Undisclosed
PCI Compliance Fee
Undisclosed
Equipment Lease Terms
Undisclosed
Address Verification Service (AVS)
Application Fee
None
Account Setup Fee
$0
Gateway Setup Fee
Annual Fee
Monthly Minimum
Undisclosed
Statement Fee
Unfortunately, there isn’t very much information about the contracts that Allied prefers to work with either. What we can say is that the company appears to alter the structure of its deals to align with the unique profile of every merchant. If you’d like more specific information than that, you would have to contact the company and go through the early stages of the onboarding process to get it.
Contract Length
Variable
Early Termination Fee
Undisclosed
Allied Wallet currently has an A+ rating with the Better Business Bureau. However, there have been a moderate number of complaints about the company posted online. High-risk merchants seem to have the most problems with Allied Wallet. They often complain about the company’s fee withholding practices.
BBB
On 12/16/2020 this business's accreditation in the BBB was revoked by the BBB's Board of Directors.
N/A
N/A
Yelp
None
Total Online Reviews
50+
Total Online Complaints
35+
Lawsuits
2
If you're in the market for a merchant account provider, be sure to check out our user reviews, our merchant accounts guide and our top popular merchant provider picks