Best for
Small businesses looking to adopt an electronic payment system to attract more customers
Specializes in
Axis Payments specialize in a wide range of merchant payment processing areas such as installing POS hardware, mobile payment processing, managing gift/loyalty programs, credit/debit card processing, online payment solutions, check conversion, and more. It has served sectors such as retail, e-commerce, and mobile commerce.
Pricing Summary
Setup Fee: $0
Monthly Fee: $25
Swipe Rate: Variable
Keyed-in Rate: Variable
Early Termination Fee : Up To $500
Contract Terms:
Axis Payments is mainly a merchant account supplier, which is a DBA of Certified Payment Processing. It also resells products of First American Payment Systems.
The Axis Payments website (axispayments.net) is not active at this time, nor are the websites of its affiliated companies Certified Payment Processing (cpp-360.com) or Intrepid Payment Processing (intrepidpaymentprocessing.com). It is possible that Axis Payments’ management has shifted its focus to Cypress Bay Solutions, which shares the same address as Certified Payment Processing.
Axis Payments (axispayments.net) is a merchant account provider that appears to be a DBA of Certified Payment Processing and a reseller of First American Payment Systems products and services.
Head Quarters
Carrollton, TX
Year Founded
2015
CEO
Tony Norrie
Employees
201
Merchant Provider Risk Tolerance
No account set up fee.
Has a small business orientation.
Good range of products available.
Twenty four hour customer support.
Installs ATMs in restaurants and stores.
Early termination fee.
Monthly fee assessed.
Three year contract required.
Website is not active at this time.
No pricing or terms available.
Axis Payments claims to provide digital payment processing with 24-hour customer service support from experienced personnel. Its products and services, which include payment gateways and hardware equipment, have been outlined below:
Discloses All Important Terms
No
Public Pricing Available
No
There is very little information available about the standard Axis Payments contract at this time because the company does not list its rates and fees on its website. However, as a reseller of First American Payment Systems, the company probably offers pricing and fees that are similar to those offered by First American Payment Systems. As a result, merchants can probably expect a three-year agreement with automatic renewal for one-year terms, an early termination fee of $495 to $595, an annual fee of $95, a monthly minimum fee of $25, an annual PCI compliance fee of $124.75, and a number of other, miscellaneous fees. Some fees cited by complainants include a $12.95 monthly equipment rental fee, a “non-returned equipment charge” of approximately $700, a cancellation fee ranging from $250 to $500, and long-term equipment leases that charge the full cost of the remaining months of the lease upon cancellation.
Pricing Model
Unknown
Swiped Rate
Variable
Keyed-in Rate
Variable
Mobile Payment Rate
Virtual Terminal Rate
Monthly Fee
$25
Payment Gateway Fee
Batch Fee
Early Termination Fee
Up To $500
PCI Compliance Fee
Variable
Equipment Lease Terms
Non-Cancellable
Address Verification Service (AVS)
Application Fee
Account Setup Fee
$0
Gateway Setup Fee
Annual Fee
$95
Monthly Minimum
$25
Statement Fee
We did not find information regarding contract terms provided by Axis Payments. However, as resellers of First American Payment Systems, it is expected that it operates under similar terms: A 3-year agreement with automatic annual renewal along with an early termination fee ranging from $495 to $595. Plus, like any other payment processor, miscellaneous costs are incurred by customers on top of regular monthly and annual charges.
Contract Length
3 Years
Early Termination Fee
Up To $500
Axis Payments has not garnered many positive reviews over the course of time. Better Business Bureau (BBB) has given Axis Payments (under Certified Payment Processing) a 'C' rating. In the past three years, the company has received 189 complaints from various customers. Google reviews show 1.8 out of 5 stars from 14 reviewers. We did not find reviews on other popular platforms such as Yelp and Facebook. Some reviews suggest that sales representatives overpromise in high hopes of luring businesses into signing a contract. Similar complaints were found against the parent companies of Axis Payments. Overall, customers posting reviews are not satisfied with the level of business conducted by the company. Axis Payments is consistently plagued by complaints which don't seem to be receding any time soon.
BBB
C
1.8 Stars / 14 Reviews
N/A
Yelp
N/A
Total Online Reviews
99
Total Online Complaints
20+
Lawsuits
None
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