Best for
Dharma's website caters its services to small-sized businesses with up to twenty employees, in verticals such as restaurants, non-profits, and e-commerce platforms.
Specializes in
Dharma Merchant Services provides mobile phone processing and tablet-based POS options for merchants courtesy of Clover. Moreover, Dharma offers the Clover Mini station, which includes Clover's PRO software set. The company also resells the Clover POS solution, including a full cash drawer, built-in fingerprint scanner, and printer.
Pricing Summary
Setup Fee: N/A
Monthly Fee: $20
Swipe Rate: N/A
Keyed-in Rate: N/A
Early Termination Fee : None
Contract Terms:
Founded in 2007, the White Salmon, WA Dharma Merchant Services is an ISO of Synovus Bank, Columbus, GA.
The company's core competencies include high sales transparency and discounted prices.
Jeff Marcous is the CEO and co-founder of the company.
Dharma Merchant Services offers card payment solutions with fair pricing and full transparency. style="font-size:
They serve many small businesses in the retail and service industries and non-profits.
Head Quarters
Vancouver, Washington
Year Founded
2007
CEO
Jeff Marcous
Employees
100
Merchant Provider Risk Tolerance
No early termination fee.
Month to month contract.
No annual fee.
Interchange plus pricing offered.
Discounted pricing for qualified non profit companies.
Monthly fee assessed.
No support for international or high risk merchants.
Not recommended for businesses processing less than $10,000 a month.
Payment gateway fee of $0.05 per transaction.
Gateway setup fee of ten dollars a month.
Dharma Merchant Services promotes the following services on its website:
POS Terminal:The Verifone VX520 is known as one of the industry's most reliable terminals. It has all of the significant features like EMV acceptance, IP/Dial-up connectivity, an internal PinPad for PIN-debit transactions, and an intuitive interface for merchants. This terminal uses paper rolls with a drop-in loading technology and comes with a 1-year warranty.
Mobile App:MX Merchant Express is a free mobile app for download in the Apple App Store or Google Play store. Transactions process seamlessly, whether keying, swiping, or dipping a credit card. Type transactions in, or use the phone's built-in camera to snap a photo of the card for entry.
Electronic Invoicing:It enables merchants to invoice customers via email and allows customers to make payments by following an embedded link. Invoices are generated with line-by-line detailed information and automatically converted to PDFs attached and sent to the customer's email address. Electronic invoicing supports over 90 different currencies as well.
Discloses All Important Terms
Yes
Public Pricing Available
Yes
Dharma Merchant Services offers interchange-plus pricing with the following rates on its website:
There's also a monthly minimum of $25, which includes PCI compliance.
Pricing Model
Interchange Plus
Swiped Rate
N/A
Keyed-in Rate
N/A
Mobile Payment Rate
N/A
Virtual Terminal Rate
Interchange + 0.20% + $0.10
Monthly Fee
$20
Payment Gateway Fee
$0.05 per-transaction
Batch Fee
N/A
Early Termination Fee
None
PCI Compliance Fee
N/A
Equipment Lease Terms
Undisclosed
Address Verification Service (AVS)
N/A
Application Fee
N/A
Account Setup Fee
N/A
Gateway Setup Fee
$10 per month
Annual Fee
N/A
Monthly Minimum
$25
Statement Fee
N/A
Pricing plans on the website indicate that the firm has no contracts or hidden fees. Dharma Merchant Services does have a $25 account closure fee upon account termination. There are no equipment lease terms to report.
Contract Length
Month-to-month
Early Termination Fee
None
Facebook and Google Reviews indicate a rating of 3.7 out of 5 (18 reviews) and 4.6 out of 5 (88 reviews), respectively. Since 2010, Dharma Merchant Services has a profile with Better Business Bureau, and it currently boasts an A+ rating. It is not BBB-accredited, and it has no customer reviews to report
BBB
A+ (1 complaint)
4.6 Stars (88 reviews)
3.7 Stars / Based on the opinion of 18 people
Yelp
N/A
Total Online Reviews
90+
Total Online Complaints
Lawsuits
None
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