Intrepid Payment Processing Review

Rates and Fees
40/100
Truth in Advertising
30/100
Consumer Reviews
30/100
Customer Support
50/100
2

Best for

Small businesses(≈ 20 employees) operating in the retail and restaurant sector as per online reviews

Specializes in

Intrepid Payment Processing caters to a wide range of areas such as installing POS hardware, managing gift/loyalty programs, mobile payment processing, credit/debit card processing, check conversion, online payment solutions, and more. It serves sectors such as retail and e-commerce and mobile commerce.

Pricing Summary

Setup Fee: $0

Monthly Fee: $25

Swipe Rate: Variable

Keyed-in Rate: Variable

Early Termination Fee : $495

Contract Terms:

3 Years
Visit Intrepid Payment Processing

Intrepid Payment Processing is an ISO of Fifth Third Bank, Cincinnati, Ohio. Its location is 3350 Boyington Dr., Suite B, Carrollton, Texas 75006, which is also the address for Summit Merchant Solutions, Certified Payment Processing, Axis Payments, and TransTech Merchant Group.

Intrepid Payment Processing Overview

 

The Intrepid Payment Processing website (intrepidpaymentprocessing.com) is currently inactive. Based on online reviews, the company mainly offers digital payment processing solutions.

As a result, first-hand information regarding its business strategies and pricing, terms are unavailable. However, it's maintaining social media profiles on Facebook and YouTube since 2015.

Quick Facts

Head Quarters

Carrollton, TX

Year Founded

1991

CEO

Andrew Frankel

Employees

200

Merchant Provider Risk Tolerance

What We Like

Good for small businesses

EBT card options

What We Don't Like

Inactive website

Lack of transparency

Industries Served

  • Cigars & Tobacco
  • Clothing & Apparel
  • Convenience Store
  • Electronics
  • Gas Station
  • Hunting & Outdoor Equipment
  • Personal Service
  • Thrift Store

Business Types Served

  • Ecommerce
  • High Volume
  • Information
  • Low Risk
  • Mobile
  • Online
  • Retail / Card Present
  • Small Business

Intrepid Payment Processing Products & Services

 

Credit and Debit Card Processing

Intrepid Payment Processing provides card acceptance solutions through typical credit card machines or the ability to accept payments through a smartphone. For brick and mortar businesses like retail shops and restaurants, traditional card machines will be appropriate. On the other hand, mobile card readers are suitable for deliveries and roadshows.

Electronic Check Conversion

Customers who still prefer to use checks can quickly and securely pay with an electronic check conversion option available from Intrepid. With check conversion, the customer's physical paper is fed through a check imager and converted into an electronic deposit. Conversion eliminates the need to deposit the check at your bank physically.

EBT Acceptance

Electronic benefit transfer (EBT) cards look and operate like regular debit cards but require unique installation and setup. Intrepid Payment Processing can do all of that inside any retail store. It will allow shops to accept EBT cards, widen its customer base, and eventually increase sales to boost overall business.

Intrepid Payment Processing Payment Processing

  • Check Guarantee
  • Check Services
  • Credit Card Processing
  • Debit Card Processing
  • EBT Acceptance
  • EMV Processing
  • Gift & Loyalty Program
  • Mobile Payments App
  • Online Payments
  • POS Equipment

Intrepid Payment Processing Billing & Invoicing

  • Mobile Payments
  • Online Payments
  • Payment Processing

Intrepid Payment Processing Advertising & Sales

 
The Intrepid Payment Processing website is inactive. It doesn't appear on Google search either, which is the primary point of promotion for most companies.

According to online reviews, the firm markets its services through a combination of pre-planned phone appointments and independent sales agents.

 

Truth in Marketing

Discloses All Important Terms

No

Public Pricing Available

No

Intrepid Payment Processing Pricing, Rates & Fees

 

Intrepid Payment Processing has the following rates based on online reviews:

a $95 annual fee, a $25 monthly minimum, a yearly PCI compliance fee of $124.75, and a host of other miscellaneous costs.

Subsequently, the firm also has a $90 monthly equipment lease fee for a single terminal.

Pricing at a Glance

Pricing Model

Unknown

Swiped Rate

Variable

Keyed-in Rate

Variable

Mobile Payment Rate

Virtual Terminal Rate

Variable

Monthly Fee

$25

Payment Gateway Fee

Variable

Batch Fee

Early Termination Fee

$495

PCI Compliance Fee

$124.75 annually

Equipment Lease Terms

Non-Cancellable

Address Verification Service (AVS)

Application Fee

Variable

Account Setup Fee

$0

Gateway Setup Fee

Variable

Annual Fee

$95

Monthly Minimum

$25

Statement Fee

Intrepid Payment Processing Contract & Terms

As per online reviews, Intrepid Payment Processing has a 3-year contract with automatic yearly renewals and an early termination fee (ETF) in the range of $495 to $595.


There are other undisclosed miscellaneous fees which merchants should also bear in mind.

Contract Length

3 Years

Early Termination Fee

$495

Intrepid Payment Processing Setup & Support

 

Setup Highlights

  • Documentation / Knowledge Base
  • In Person

Support Highlights

  • Domestic Phone Support (Business Hours)

Intrepid Payment Processing Complaints, Ratings & Reviews

The firm has a profile with Better Business Bureau, and it currently boasts a B- rating. Intrepid Payment Processing is not, however, a BBB-accredited business.


There are 28 complaints against Intrepid Payment Processing on its BBB profile. The breakdown comprises 10 advertising issues, 8 product or service issues, and 7 billing and collection issues.


13 of these complaints saw resolution while the remainder saw unsatisfactory closure or none at all.

Ratings

BBB

B- (28 complaints)

Google

Facebook

None

Yelp

N/A

Reviews

Total Online Reviews

50+

Total Online Complaints

20+

Lawsuits

None

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