Freedom Card Solutions is best for small to mid-sized low-risk businesses of many different industries.
Freedom Card Solutions (FCS) offers payment processing services for all major debit and credit cards and caters to many different industries, including eCommerce The company offers leases on both traditional and mobile POS equipment Fiserv. FCS also resells a payment gateway and virtual terminal solution from Fiserv Payeezy.
Setup Fee: $199 (Activation Fee)
Monthly Fee: $0
Swipe Rate: 1.99% + $0.39
Keyed-in Rate: 2.79% + $0.39
Early Termination Fee : $495+
Since FCS is a reseller of Fiserv, it is an ISO/MSP of several banks, including BBVA USA, Birmingham, AL, Deutsche Bank G, New York, NY, Metabank, N.A, Sioux Falls, SD, MVB Bank, Fairmont, WV, and Wells Fargo Bank, N.A, Concord, CA.
According to the Better Business Bureau (BBB), FCS was started in 2016. The company has headquarters in Winter Park, Florida. Management of the company is listed as Morey Tarkeshia and Jeff Easter.
FCS was started in 2016. According to our research, FCS has been associated with other entities or is considered a rebranding of different businesses. FCS has been associated with Direct Processors, Merchant Consulting Group, National Card Solutions, Payment Systems Corporation, Performance Merchant Alliance, and United Card Solutions.
The company has offered a costly tiered pricing plan with a 3-year contract through Fiserv that included an early termination fee of $495. Furthermore, FCS offers long-term equipment leases with a 48-month duration. Both the long-term noncancelable leases and early termination fees have been a source of complaints against the company.
FCS hires independent sales teams and has received many complaints about its sales tactics.
FCS is not accredited with the BBB. However, the company is rated by the bureau with an F rating. The company had eight complaints in the last three years and no complaints in the previous 12 months. Although it may seem that the company is improving on its compliant record, FCS continues to receive complaints from merchants about their payment processing services, long-term noncancelable equipment leases, and the constant back and forth with the company’s support staff.
Winter Park, Florida
Jeff Easter - Business Consultant
Merchant Provider Risk Tolerance
Leases on traditional and mobile and point of service equipment are provided.
Resells a payment gateway and virtual terminal solution.
No payment gateway fee.
Provides domestic telephone support during business hours.
Live one on one online support is provided.
There is a setup fee.
Three year contract.
An early termination fee does apply.
Tiered pricing plan.
The equipment lease is forty-eight months.
Payment Processing: FCS is a reseller of Fiserv's payment processing services. The company caters to small and mid-sized businesses for many different industries.
Point of Sale (POS) – The company offers traditional and mobile POS terminals to accept magstripe credit card payments via equipment leases through Fiserv's Clover POS.
Payment Gateway and Virtual Terminal – FCS resells a payment gateway and virtual terminal solution from Fiserv Payeezy.
Discloses All Important Terms
Public Pricing Available
FCS has offered expensive tiered pricing 3-year contracts through Fiserv.
Swiped Rate – 1.99% + $0.39
Keyed-in Rate – 1.99% + $0.39
Virtual Terminal – 1.99% + $0.39
Contract term – Three years
Early termination fees – $495
PCI compliance fee – $150/year
Batch Fee – $0.20
Activation fee – $199
Monthly Minimum fee – $25
1.99% + $0.39
2.79% + $0.39
Mobile Payment Rate
Virtual Terminal Rate
2.79% + $0.39
Payment Gateway Fee
Early Termination Fee
PCI Compliance Fee
$150 Per Year
Equipment Lease Terms
48 Month (locked)
Address Verification Service (AVS)
Account Setup Fee
$199 (Activation Fee)
Gateway Setup Fee
FCS is a reseller of Fiserv's merchant processing services with a three-year contract and an early termination fee of $495. The company also offers expensive POS equipment leases locked in for four years.
Our recommendations to merchants is to never lease POS equipment. Instead they should buy the terminals directly or rent it if they are not able to spend the upfront outlays. Leasing equipment ends up costing merchants thousands of dollars that is merely a few hundred dollars.
Early Termination Fee
FCS is not accredited with the Better Business Bureau (BBB) and has an F rating. The company has had eight complaints in the three years and zero complaints over the past year.
We did not find any outstanding lawsuits or FTC complaints against the company.
F and is not BBB Accredited. (3 Reviews; 10 Complaints)
2 Stars. Based on the opinion of 4 people
Total Online Reviews
Total Online Complaints
If you're in the market for a merchant account provider, be sure to check out our user reviews, our merchant accounts guide and our top popular merchant provider picks