Allied Wallet Review

Rates and Fees
80/100
Truth in Advertising
90/100
Consumer Reviews
85/100
Customer Support
90/100
4.2

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:

Variable
Visit Allied Wallet

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 Overview

 

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.

Quick Facts

Head Quarters

London, United Kingdom

Year Founded

2002

CEO

Andy Khawaja

Employees

1000

Merchant Provider Risk Tolerance

What We Like

What We Don't Like

Industries Served

  • Clothing & Apparel
  • Convenience Store
  • Dating
  • Electronics
  • Gaming
  • Healthcare
  • Hosting
  • Marketing Agency
  • Personal Service
  • SAAS
  • SEO & SEM Services
  • Thrift Store
  • Web Design Services

Business Types Served

  • Ecommerce
  • Mobile
  • Mom & Pop
  • Online
  • Retail / Card Present
  • Small Business

Allied Wallet Products & Services

 

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.

Allied Wallet Payment Processing

  • ACH Check Transactions
  • Chargeback & Fraud Prevention
  • Check Services
  • Contactless NFC
  • Credit Card Processing
  • Debit Card Processing
  • eCheck & ACH Processing
  • Mobile Card Reader
  • Mobile Payments App
  • Online Payments
  • Online Shopping Cart Integration
  • Payment Gateway
  • POS Equipment

Allied Wallet Billing & Invoicing

  • Mobile Payments
  • Multi-Currency
  • Online Payments
  • Payment Processing

Allied Wallet Advertising & Sales

 
Allied Wallet’s advertising practices are standard for the payment processing industry. The company doesn’t disclose much information about its prices. But it doesn’t publish deceptive offers on its website either.

The company received a considerable number of complaints about deceptive sales practices in the past. However, these have slowed down in recent years. It appears as though Allied Wallet is starting to do better in this area.

Truth in Marketing

Discloses All Important Terms

No

Public Pricing Available

Yes

Allied Wallet Pricing, Rates & Fees

 

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:


  • Monthly maintenance

  • Transaction

  • Refund

  • Chargeback

  • Retrieval

  • Wire

  • Rolling reserve

Pricing at a Glance

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

Allied Wallet Contract & Terms

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 Setup & Support

 

Setup Highlights

  • Documentation / Knowledge Base
  • Live Online (1-on-1)

Support Highlights

  • Domestic Phone Support (Business Hours)
  • Offshore Tech Support (After Hours)

Allied Wallet Complaints, Ratings & Reviews

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.

Ratings

BBB

On 12/16/2020 this business's accreditation in the BBB was revoked by the BBB's Board of Directors.

Google

N/A

Facebook

N/A

Yelp

None

Reviews

Total Online Reviews

50+

Total Online Complaints

35+

Lawsuits

2

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