Small businesses looking for an online or mobile payment processing solution
Virtual terminals, payment gateways, mobile payment processing, automated invoicing tools
Setup Fee: $0
Monthly Fee: $5 (Account Maintenance Fee)
Swipe Rate: 1.69% + $0.20
Keyed-in Rate: 1.69% + $0.20
Early Termination Fee : Undisclosed
Guardian Financial is a merchant account provider that specializes in payment processing for small businesses. The company is a reseller of payment processing solutions from larger merchant account providers such as Total Merchant Services and Authorize.Net.
Guardian Financial is a registered ISO/MSP of Wells Fargo Bank. The company is based out of Idaho and is led by co-owners Ben Tolman and Aaron Fuhriman.
Guardian Financial focuses on providing payment processing solutions for small companies across a variety of industries. For example, a merchant can use Guardian Financial to process their online payments, mobile payments and to get help with things like automatic invoicing.
Unfortunately, the company is not forthcoming about the costs of many of its services. Merchants interested in partnering with Guardian Financial will likely need to go through the initial phases of the onboarding process to learn how much the company will charge them.
Guardian Financial offers solid customer support and has received very few negative reviews online. But the company doesn't currently have an active profile with the Better Business Bureau.
Ben Tolman and Aaron Fuhriman - Co-Owners
Merchant Provider Risk Tolerance
Virtual Terminals and Payment Gateways
Guardian Financial bills itself as a company that can help small businesses process their online payments. They do this through virtual terminals and payment gateways. However, the company doesn't provide very much information about these services. It simply says that it offers the services, and that's it.
Our research also showed that Guardian Financial doesn't actually provide these services itself. Instead, it's a reseller of payment processing services from companies like Authorize.Net, North American Bancard, and Total Merchant Services.
Mobile Payment Processing
Guardian Financial also provides merchants with software that they can use to process in-person mobile payments. The company's app lets merchants scan credit cards on their mobile devices with their cameras. Alternatively, a merchant can also manually enter the card into the app to process a payment with it.
Automated Invoicing Tool
Guardian Financial also offers some automated invoicing features to the merchants that it partners with. The company says that its invoicing tool can be integrated with various external services, which makes it easier for merchants to manage all of their invoicing processes in a single place.
Discloses All Important Terms
Public Pricing Available
Unfortunately, Guardian Financial hardly discloses any information about its pricing structure or fees. However, the company does advertise its ASHI member pricing rates. It lists a per-transaction fee of 1.69% + $0.20. On top of this, member merchants will also pay a $5 monthly account maintenance fee, a $25 monthly minimum fee, and a monthly PCI compliance fee of $4.95.
1.69% + $0.20
1.69% + $0.20
Mobile Payment Rate
Virtual Terminal Rate
2.90% + $0.30
$5 (Account Maintenance Fee)
Payment Gateway Fee
$5 Per Month
Early Termination Fee
PCI Compliance Fee
$4.95 Per Month
Equipment Lease Terms
Address Verification Service (AVS)
Account Setup Fee
Gateway Setup Fee
Guardian Financial is tight-lipped about the contracts that it offers to merchants. However, after doing a little digging online, we were able to discover that the company appears to favor short-term agreements with no early termination fees. This is a pretty favorable setup for merchants who are interested in trying out Guardian Financial without having to make a long-term commitment to do so.
Early Termination Fee
Guardian Financial doesn't currently have an active profile with the Better Business Bureau. However, the company has received very few online complaints. This suggests that merchants that partner with Guardian Financial are generally happy with their decision to do so.
Does not have BBB profile.
5 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