Beacon Payments Review

Rates and Fees
/100
Truth in Advertising
/100
Consumer Reviews
/100
Customer Support
/100

Best for

Specializes in

Pricing Summary

Setup Fee: $0

Monthly Fee: $10 (Monthly Service Fee)

Swipe Rate: Interchange + 0.05% + $0.22

Keyed-in Rate: Interchange + 0.05% + $0.22

Early Termination Fee : $495

Contract Terms:

3 Years
Visit Beacon Payments

Beacon Payments Overview

 

Quick Facts

Head Quarters

Boston, Massachusetts

Year Founded

2008

CEO

Gerald Kadish

Employees

140

Merchant Provider Risk Tolerance

What We Like

What We Don't Like

Industries Served

  • Clothing & Apparel
  • Convenience Store
  • Electronics
  • Gas Station
  • Healthcare
  • Hunting & Outdoor Equipment
  • Marketing Agency
  • Moving Companies
  • Personal Service
  • Property Management
  • Restaurant / Bar
  • SAAS
  • Thrift Store

Business Types Served

  • B2B
  • Ecommerce
  • Enterprise Merchant Accounts
  • MLM
  • Mobile
  • Mom & Pop
  • MOTO
  • Online
  • Retail / Card Present
  • Small Business
  • Wholesale

Beacon Payments Products & Services

 

Beacon Payments Payment Processing

  • ACH Check Transactions
  • Check Services
  • Contactless NFC
  • Credit Card Processing
  • Credit Card Terminals
  • Debit Card Processing
  • EBT Acceptance
  • eCheck & ACH Processing
  • EMV Processing
  • Gift & Loyalty Program
  • Merchant Cash Advance
  • Mobile Card Reader
  • Mobile Payments App
  • Online Payments
  • Payment Gateway
  • POS Equipment
  • Recurring Billing
  • Signature Capture
  • Virtual Terminal

Beacon Payments Billing & Invoicing

  • Mobile Payments
  • Online Invoicing
  • Online Payments
  • Payment Processing
  • Recurring/Subscription Billing

Beacon Payments Advertising & Sales

 

Truth in Marketing

Discloses All Important Terms

No

Public Pricing Available

Yes

Beacon Payments Pricing, Rates & Fees

 

Pricing at a Glance

Pricing Model

Interchange Plus

Swiped Rate

Interchange + 0.05% + $0.22

Keyed-in Rate

Interchange + 0.05% + $0.22

Mobile Payment Rate

Virtual Terminal Rate

Interchange + 0.05% + $0.22

Monthly Fee

$10 (Monthly Service Fee)

Payment Gateway Fee

Undisclosed

Batch Fee

Undisclosed

Early Termination Fee

$495

PCI Compliance Fee

$79 Per Year

Equipment Lease Terms

$99 Deposit

Address Verification Service (AVS)

Application Fee

Account Setup Fee

$0

Gateway Setup Fee

Annual Fee

$49 Per Year

Monthly Minimum

$30 Per Month

Statement Fee

Beacon Payments Contract & Terms

Contract Length

3 Years

Early Termination Fee

$495

Beacon Payments Setup & Support

 

Setup Highlights

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

Support Highlights

  • Domestic Phone Support (Business Hours)
  • FAQ

Beacon Payments Complaints, Ratings & Reviews

Ratings

BBB

A+ and has been Accredited since 2011. (0 Reviews; 0 Complaints)

Google

No Reviews

Facebook

4 Stars. Based on the opinion of 25 people

Yelp

N/A

Reviews

Total Online Reviews

70+

Total Online Complaints

<10

Lawsuits

None

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