Best for
Merchants searching for the best rates for credit card processing services, or even those who want them eliminated as much as possible.
Specializes in
Cashback Corporation specializes in offering cash back to merchant customers as a way to offset their payment processing fees. This company also offers marketing assistance to merchants who want to advertise.
Pricing Summary
Setup Fee: 1.6% (starting rate?)
Monthly Fee: Unknown
Swipe Rate: Unknown
Keyed-in Rate: Unknown
Early Termination Fee : Unknown
Contract Terms:
Cashback Corporation is a payment processing company that is located in Bluffton, South Carolina.
This company may also have a location in St. Louis, Missouri, according to its LinkedIn page.
Cashback Corporation markets itself as a company that can save merchants thousands of dollars on their credit card processing fees.
Cashback Corporation’s mission is to offer merchants a way to offset the cost of their payment processing fees. The company states that their merchant customers deal directly with Cashback Corporation for all of their needs. Because they are not paying a sales team or another professional that might earn commissions, those payouts are made to the merchants instead.
Cashback Corporation is located in Bluffton, South Carolina, but there is very little additional information available about this company online. It is not clear which bank(s) it uses as its acquiring financial institutions or who the company’s founder and/or CEO is.
Head Quarters
181 Bluffton Road, Bldg. E Bluffton, SC 29910
Year Founded
Unknown
CEO
David Heller
Employees
11-50
Merchant Provider Risk Tolerance
Offers cash back to offset processing fees.
Marketing assistance is available to help with advertisements.
Has value added services.
Supports recurring billing.
Telephone support located in the United States of America.
Has a setup fee.
No sales team.
Low risk tolerance.
Public pricing is not available.
Contract terms are not mentioned.
Hardware & Software
The Cashback Corporation website mentions that the company sells or leases POS systems, but there is no information available about the types of hardware it offers. One online review states that the company offers Clover products, and merchants have a choice of:
The Clover Station
The Clover Mini
The Clover Mobile
The Clover Go
This company can provide merchants with a payment gateway that will allow them to securely process transactions, offer recurring billing and payments, and provide reports. This is the company’s own proprietary gateway.
Value-Added Services
Cashback Corporation offers some value-added services to its merchant customers, such as:
A gift card program
Business funding
Data insight reports
A loyalty card program
Marketing tools
Most of this company’s emphasis is placed on the money that merchants can save by doing business with Cashback Corporation through offsetting the cost of transaction fees and through its referral program.
Supported Payment Types & Services
Merchants that choose to work with Cashback Corporation will be able to process and accept multiple forms of payment, including:
All four major credit cards (EMV and magstripe)
Debit cards
Checks and electronic checks
ACH
Gift cards
Depending on the type of POS system a merchant chooses, additional payment options may also be available, such as store credit cards, mobile wallet payments, and other types of credit cards. Recurring billing is also supported.
Discloses All Important Terms
Unknown
Public Pricing Available
No
The Cashback Corporation website does not mention much about its fees. It is mostly focused on eliminating them through its referral programs. But one review states that the company offers a starting rate of 1.6%. There is no mention of any other fees, such as monthly fees or PCI compliance fees.
Pricing Model
Unknown
Swiped Rate
Unknown
Keyed-in Rate
Unknown
Mobile Payment Rate
Unknown
Virtual Terminal Rate
Unknown
Monthly Fee
Unknown
Payment Gateway Fee
Unknown
Batch Fee
Unknown
Early Termination Fee
Unknown
PCI Compliance Fee
Unknown
Equipment Lease Terms
Unknown
Address Verification Service (AVS)
Unknown
Application Fee
Unknown
Account Setup Fee
1.6% (starting rate?)
Gateway Setup Fee
Unknown
Annual Fee
Unknown
Monthly Minimum
Unknown
Statement Fee
Unknown
There is no information available on the Cashback Corporation website regarding contracts and terms. However, because this company offers both merchant accounts and payment processing, merchants in need of equipment (POS systems, terminals, etc.) should pay close attention to the contracts they sign.
Some companies require merchants to enter into long-term contracts for hardware that are different than their payment processing contracts. They are often non-cancelable and can end up being much more expensive than if the merchant provides their own equipment or purchases it themselves rather than leasing it.
Contract Length
Unknown
Early Termination Fee
Unknown
There is no information available on the Cashback Corporation website about how long it might take for a merchant to be ready to process payments. Typically, this is a process that can take up to 14 days if the merchant is in need of equipment.
Merchants that are using a payment gateway may be able to get started sooner as long as the company has received all the necessary documentation to approve their accounts.
Cashback Corporation has a Contact Us page on its website that lists a phone number and an email for its sales department. There is also a contact form that merchants can fill out to get an email response.
BBB Rating
Cashback Corporation does not have a profile or a rating with the Better Business Bureau.
Other Online Reviews
There is only one review for this company online, and that review is found on its website. The individual gave a five-star review and left a positive comment about Cashback Corporation’s services.
BBB
N/A
N/A
5 out of 5 Based on the opinion of 1 person
Yelp
N/A
Total Online Reviews
33+
Total Online Complaints
Unknown
Lawsuits
Unknown
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