Bonita Payments Review

Rates and Fees
90/100
Truth in Advertising
90/100
Consumer Reviews
90/100
Customer Support
80/100
5

Best for

Small, medium, or large-sized businesses looking for an all-in-one, affordable payment processor.

Specializes in

Bonita Payments serves all business types and sizes but seems to specialize in small businesses, especially retail, restaurant, petroleum, online and mobile.

Pricing Summary

Setup Fee: Undisclosed

Monthly Fee: Undisclosed

Swipe Rate: 1.00% - 4.99%

Keyed-in Rate: 1.00% - 4.99%

Early Termination Fee : Variable

Contract Terms:

Variable
Visit Bonita Payments

Bonita Payments is a merchant account provider and a reseller of Clover POS products. It is an all-in-one payment provider which can process payments, provide physical equipment, and all the tools a business needs to do business online.

The company was founded in 2016 and is currently headquartered in New Orleans, Louisiana. Elliot Forman is listed as the president of the company.

Bonita Payments Overview

 

Bonita payments came into existence in 2016. The company prides itself on its reliability, transparency, and affordability.

Bonita Payments is a full-fledged merchant account provider that can process all cashless payments. They also offer physical equipment in the form of Clover products.

Bonita Payments claims to offer customized solutions for a wide range of business types. However, they seem to be most passionate about serving small businesses. They specifically cite their expertise in businesses in the following industries: retail, restaurant, gas, mobile and online.

Their prices and contract terms will vary depending on the needs of the business. Overall, their pricing is very good and although little is known about their contract terms, there are no customer complaints about the contract.

Quick Facts

Head Quarters

New Orleans, Louisiana

Year Founded

2015

CEO

Elliott Forman - President

Employees

10

Merchant Provider Risk Tolerance

What We Like

What We Don't Like

Industries Served

  • Automotive
  • Beauty & Wellness
  • Clothing & Apparel
  • Convenience Store
  • Contractors
  • Electronics
  • Food & Beverage
  • Gas Station
  • Healthcare
  • Hunting & Outdoor Equipment
  • Medical
  • Moving Companies
  • Personal Service
  • Professional Services
  • Online Sellers
  • Restaurant / Bar
  • Retailers
  • SAAS
  • Telemedicine
  • Thrift Store
  • Wholesalers

Business Types Served

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

Bonita Payments Products & Services

 

Hardware and Software

Bonita Payments is a reseller of Clover POS products. This includes full POS systems, mini POS systems, credit card readers, and handheld POS systems.

Some of the features that come with the POS systems include a weekly email of data insights, detailed reporting, as well as enhanced speed and security.

Customers will also have access to the Clover Dashboard and the fully customizable Clover Go App.

Some other features include inventory management, enhanced fraud protection, and rapid deposit.

Some of the features they offer include:

Authorize.Net which provides a secure infrastructure for fast payments.

PayeezySM eCommerce allows multiple payment options and enhanced security.

eProcessing Network, which offers secure, real-time processing of cards, checks, and gift cards whether in-person, online or via a mobile app.

PerkaTM, allows businesses to send coupons and promotions to their customers via their mobile phones.

Bonita Payments also offers payment gateways and virtual terminals.

Value-Added Services

Bonita Payments offers gift and loyalty cards, coupons, and other additional features. It is unclear whether you have to pay more for these perks though.

Supported Payment Types and Services

Bonita Payments processes all cashless payments including all major credit and debit cards. This includes:

Visa
Discover
Mastercard
American Express

They also process checks, gift cards, online payments, and payments through a mobile app such as Google Pay or Apple Wallet.

Bonita Payments Payment Processing

  • ACH Check Transactions
  • Cash Transactions
  • Chargeback & Fraud Prevention
  • Check Guarantee
  • Contactless NFC
  • Credit Card Processing
  • Credit Card Terminals
  • Debit Card Processing
  • eCheck & ACH Processing
  • EMV Processing
  • Gift & Loyalty Program
  • Mobile Card Reader
  • Mobile Payments App
  • Online Payments
  • Payment Gateway
  • Payment Processing Services Integration
  • POS Equipment
  • Receipt Printing
  • Recurring Billing
  • Signature Capture
  • Virtual Terminal

Bonita Payments Billing & Invoicing

  • Contact Database
  • Customizable Invoices
  • Dunning Management
  • Mobile Payments
  • Online Invoicing
  • Online Payments
  • Payment Processing
  • Recurring/Subscription Billing

Bonita Payments Advertising & Sales

 
Bonita Payments uses an in-house sales team to market and sell its products. This tactic is uncommon in the industry but is preferred as it is less likely to generate complaints of spam, aggressive sales tactics, or misleading contracts.

In the case of Bonita Payments, there are no complaints about their sales practices and no misleading information on their website or other marketing materials.

Truth in Marketing

Discloses All Important Terms

No

Public Pricing Available

No

Bonita Payments Pricing, Rates & Fees

 

Bonita Payments offers interchange-plus pricing, which generally means businesses can take advantage of the lowest rates available.

Swiped and keyed-in rates will vary from 1.00 - 4.99%.

There is no other information on rates and fees other than to say the terms will vary from business to business.

The website boasts transparent pricing with no hidden fees.

Pricing at a Glance

Pricing Model

Interchange Plus

Swiped Rate

1.00% - 4.99%

Keyed-in Rate

1.00% - 4.99%

Mobile Payment Rate

Virtual Terminal Rate

1.00% - 4.99%

Monthly Fee

Undisclosed

Payment Gateway Fee

Undisclosed

Batch Fee

Undisclosed

Early Termination Fee

Variable

PCI Compliance Fee

Variable

Equipment Lease Terms

Variable

Address Verification Service (AVS)

Application Fee

Account Setup Fee

Undisclosed

Gateway Setup Fee

Annual Fee

Monthly Minimum

Undisclosed

Statement Fee

Undisclosed

Bonita Payments Contract & Terms

We don’t know much about a standard Bonita Payments contract, except that it varies from customer to customer.

High risk merchants will typically have to pay higher rates and abide by stricter contract terms.

There are no public complaints about Bonita Payments contracts which indicate that their customers seem to be satisfied with the terms and conditions.

Contract Length

Variable

Early Termination Fee

Variable

Bonita Payments Setup & Support

 

Bonita Payments offers a customer support email and contact form on their website. They also have a general phone number and email anyone can reach out.

They claim their application can be completed in as little as two minutes.

All approved clients get assigned a dedicated support person to help them with setup, as well as assist them with any issues along the way.

Setup Highlights

  • Documentation / Knowledge Base

Support Highlights

  • Domestic Phone Support (Business Hours)

Bonita Payments Complaints, Ratings & Reviews

BBB Rating

There is no Better Business Bureau profile for Bonita Payments.

Other Online Reviews

There are no public, online complaints about Bonita Payments to be found.

The lack of any customer complaints online is a good indicator that Bonita Payments is providing a good service to its customers.

Ratings

BBB

Does not have BBB profile.

Google

5 Stars / 5 Reviews

Facebook

No Recommendations Yet

Yelp

N/A

Reviews

Total Online Reviews

10+

Total Online Complaints

<10

Lawsuits

None

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