Best for
Merchants who have small to mid-size, standard-risk businesses and are in need of payment processing services.
Specializes in
Florida Merchant Services specializes in working with small to mid-size businesses to provide them with payment processing services. This company claims to be focused on helping businesses stay open longer and thrive by working with the company’s merchant advisors.
Pricing Summary
Setup Fee: N/A
Monthly Fee: N/A
Swipe Rate: 1.00% - 4.99%
Keyed-in Rate: 1.00% - 4.99%
Early Termination Fee : Variable
Contract Terms:
Florida Merchant Services was founded in 2016 as a merchant account provider that primarily works with small to mid-size businesses with standard risk levels.
This company is a reseller for Paysafe contracts and it advertises POS systems from Poynt and Clover.
Florida Merchant Services is located in Orlando, Florida and Jamaar Manlove is the president of the company.
Florida Merchant Services is a merchant account provider and ISO that is headquartered in Orlando, Florida. The company is a registered ISO of BBVA Compass Bank, Decatur, AL, Wells Fargo Bank, N.A., Concord, CA, Woodforest National Bank, Houston, TX, BMO Harris Bank, N.A., Chicago, IL, and Merrick Bank, Woodbury, NY.
In 2011, Jamaar Manlove, who is now the president of Florida Merchant Services, was convicted of two felony counts of theft and three misdemeanor counts. The charges included tax evasion and falsifying business records.
Manlove has worked for several other companies in the same space, including iPayment, Merchant Lynx Services, and Banc Certified Merchant Services. Florida Merchant Services was not involved in this in any way.
Head Quarters
3662 Avalon Park E Blvd #206, Orlando, FL 32828, USA
Year Founded
2016
CEO
Unknown
Employees
Unknown
Merchant Provider Risk Tolerance
Focuses on mid-sized, standard risk businesses.
Utilizes Poynt and Clover systems to integrate with over 300 payment apps.
Accepts all major payment types.
Positive reviews commend the company for marketing transparency.
No contracts.
Variable early termination fees.
No value-added services.
Undetermined setup timeframe.
No chat option in customer support.
They do not disclose fees beyond the contract options on their website.
Hardware & Software
Florida Merchant Services offers Poynt and Clover POS systems and terminals for merchant customers who need to accept in-person payments through these types of systems. There are more than 300 apps available for use with this equipment.
This company also offers a virtual terminal and payment gateway through Authorize.Net. E-commerce integration is available with virtually any shopping cart through the company’s API.
Value Added Services
It does not appear that Florida Merchant Services provides as many value added services to its merchant customers as other payment processors do. The company website makes mention of free loaner equipment, next-day deposits, and same-day funding options.
The Florida Merchant Services website does mention that its merchant customers work with merchant advisors to help them grow their businesses as well.
Supported Payment Types & Services
Merchants who do business with Florida Merchant Services will be able to accept the following types of payments:
Payments made with any of the four major credit cards
Debit card payments
Apple Pay
EMV chip cards
MOTO payments
Discloses All Important Terms
No
Public Pricing Available
Unknown
The Florida Merchant Services website has a separate page specifically for its rates. This page has flat rates and transaction fees for merchants in multiple industries. These rates range from 1.85% + no transaction fee for merchants in the truck repair space to 3% + no transaction fee for merchants in the painting industry.
There is no indication of any other fees, though typically, merchants must pay separate fees for batching and PCI Compliance. The website does mention the fact that the company may be able to offer no-cost equipment rentals for some merchants.
Pricing Model
Unknown
Swiped Rate
1.00% - 4.99%
Keyed-in Rate
1.00% - 4.99%
Mobile Payment Rate
Unknown
Virtual Terminal Rate
N/A
Monthly Fee
N/A
Payment Gateway Fee
N/A
Batch Fee
N/A
Early Termination Fee
Variable
PCI Compliance Fee
Variable
Equipment Lease Terms
Variable
Address Verification Service (AVS)
Unknown
Application Fee
N/A
Account Setup Fee
N/A
Gateway Setup Fee
N/A
Annual Fee
N/A
Monthly Minimum
Unknown
Statement Fee
N/A
Florida Merchant Services does not lock its merchant customers into lengthy contract terms. Its website advertises a month-to-month contract with no cancelation fees.
Contract Length
Variable
Early Termination Fee
Variable
Merchants may be able to start accepting payments with Florida Merchant Services as their merchant account provider fairly quickly. The company website states that some merchants may be able to start online processing as soon as the next business day as long as all documentation has been received.
Merchants in the retail space may be able to begin accepting payments with POS systems and terminals within four days after all documentation has been received and their accounts have been approved.
The Florida Merchant Services website has a Contact Us page that has a contact form, phone numbers, and an email address for customer service. Each merchant will also work with a dedicated advisor.
BBB Rating
Florida Merchant Services is not accredited with the Better Business Bureau. The company has an A+ rating with the BBB, and there is only one review on the site and it is a five-star review.
Other Online Reviews
There are many reviews available online for Florida Merchant Services, and all of them are positive. There is no indication that this company is a ripoff or a scam. There are also no outstanding class-action lawsuits pending for this company, or negative FTC complaints that have been filed.
The company has posted several reviews by its current merchant customers on its website, and all of them are positive.
BBB
N/A
5 Stars / 151 Reviews
No Reviews
Yelp
No Reviews
Total Online Reviews
150+
Total Online Complaints
Lawsuits
Unknown
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