Bravo Payment Systems Review

Rates and Fees
Truth in Advertising
Consumer Reviews
Customer Support

Best for

Businesses of all sizes and risks looking for an all-inclusive credit card processing company.

Specializes in

Bravo Payment Systems specializes in traditional credit card processing. They provide everything from the terminal up through reselling the merchant account to Fiserv.

Pricing Summary

Setup Fee: Undisclosed

Monthly Fee: Undisclosed

Swipe Rate: 2.69% + $0.19

Keyed-in Rate: 3.69% + $0.19

Early Termination Fee : Up To $495

Contract Terms:

Visit Bravo Payment Systems

Bravo Payment Systems is located in Farmington Hills, MI.

The company was founded in 2007.

It appears AJ Nafso is the owner of the company, but this is from a third party and there is no indication of the validity of this information.

Bravo Payment Systems Overview


Founded in 2007, Bravo Payment Systems has tried to go back to the basics of credit card processing. Instead of spreading themselves thin with multiple extra services, they focus on providing the best processing possible.

They offer a customized relationship with a single assigned agent. This approach provides a unique experience for each merchant.

As partners with Fiserv, Bravo Payment can offer highly competitive rates for businesses across the board.

Bravo Payment Systems has an amazingly low complaint total which supports the claims on their website to build a custom merchant account for each business that will help push that business to success.

Quick Facts

Head Quarters

Bloomfield Hills, Michigan

Year Founded



AJ Nafso



Merchant Provider Risk Tolerance

What We Like

What We Don't Like

Industries Served

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

Business Types Served

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

Bravo Payment Systems Products & Services


Hardware and Software

Bravo partners with several options for terminals and mobile payments. This diversity allows merchants to choose what integrates best with their POS systems. The company claims to integrate with 99% of all existing POS systems.

The only options they actively mention on their website are the First DataTM Mobile PaySM and the First Data Global Gateway E4. This does not match up with their claims to offer multiple systems, but may be due to the fact that they are partnered with Fiserv which used to be First Data.

It is possible that they only openly advertise their partner’s terminals. They may actually have a wider variety that is only available once a merchant begins the inquiry process.

Value-Added Services

While the company has focused their attention on creating the best credit card processor, they still offer a few additional services. They give their merchants the ability to collect checks and ACH payments, gift and loyalty card programs, and cash advances.

They don’t go into these services, but they are all industry standards.

Supported Payment Types and Services

American Express
ACH Payments

Bravo Payment Systems Payment Processing

  • ACH Check Transactions
  • Chargeback & Fraud Prevention
  • Check Services
  • 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
  • Virtual Terminal

Bravo Payment Systems Billing & Invoicing

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

Bravo Payment Systems Advertising & Sales

Like most processing companies these days, Bravo Payment Systems employs independent contractors to handle their marketing. Judging by the lack of complaints about these subcontractors, Bravo Payment is doing well to keep them from making promises that can’t be kept.

Truth in Marketing

Discloses All Important Terms


Public Pricing Available


Bravo Payment Systems Pricing, Rates & Fees


There is no information about pricing on the Bravo Payment Systems website. This is most likely due to the fact that rates are highly dependent on the specifics of the business applying for the merchant account.

Fiserv has a reputation for offering all varieties of rates and customizing them for each merchant. This allows for some degree of negotiation.

While the rates are unique to each merchant, the fees often remain consistent. Fiserv is known to charge monthly fees, annual fees, PCI compliance fees, setup fees, and early termination fees. It is possible that these fees can be negotiated, but most likely they are set.

Pricing at a Glance

Pricing Model

Tiered Pricing

Swiped Rate

2.69% + $0.19

Keyed-in Rate

3.69% + $0.19

Mobile Payment Rate

Virtual Terminal Rate

1.00% - 4.99%

Monthly Fee


Payment Gateway Fee


Batch Fee


Early Termination Fee

Up To $495

PCI Compliance Fee

$19.95 Per Month

Equipment Lease Terms

48 Month (locked)

Address Verification Service (AVS)

Application Fee

Account Setup Fee


Gateway Setup Fee


Annual Fee

Monthly Minimum


Statement Fee

Bravo Payment Systems Contract & Terms

The standard contract for Fiserv is four years with yearly automatic renewal. This is not set in stone and the reseller may have some say in the matter. Generally speaking, the contracts are 3-4 years.

Fiserv generally has an early termination fee. Depending on what Bravo Payment Systems sells, this could be a flat rate of several hundred dollars or even a set fee for each month left on the contract.

The terms are negotiable. The larger the business, the greater leverage they have. However, that doesn’t mean a smaller business can’t negotiate.

There is a good chance Bravo Payment Systems uses equipment leasing. There is no information to let a potential merchant know this. If outright purchase is an option, a merchant would be wise to weigh that option as equipment leases are often non-cancelable.

Contract Length


Early Termination Fee

Up To $495

Bravo Payment Systems Setup & Support


Setup depends on the services being rendered. Gateway and eCommerce options can be up and running as quickly as Bravo Payment Services can get the merchant account underwritten.

On the other hand, if hardware and equipment are ordered, it can take days or even weeks for the goods to arrive.

Support appears to be a pair of phone numbers and a generic message board. This is well below industry standards where the majority of companies at least offer an email address.

Setup Highlights

  • Live Online (1-on-1)

Support Highlights

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

Bravo Payment Systems Complaints, Ratings & Reviews

BBB Rating


Bravo Payment Systems does have a Better Business Bureau profile, but it is unaccredited.

There are no complaints or reviews available on the website.

Other Online Reviews

There is only a single review to be found on the internet. That review is related to equipment delivery and provides no information as to the outcome of the situation.



NR and is not BBB Accredited. (0 Reviews; 0 Complaints)


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Total Online Reviews


Total Online Complaints




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