Maverick Bankcard Review

Rates and Fees
90/100
Truth in Advertising
100/100
Consumer Reviews
95/100
Customer Support
85/100
4.5

Best for

Medium to large-sized high risk businesses

Specializes in

POS solutions, EMV and NFC transaction processing, and providing merchant business analytics

Pricing Summary

Setup Fee: $0

Monthly Fee: $10

Swipe Rate: 1.00% - 4.99%+

Keyed-in Rate: 1.00% - 4.99%+

Early Termination Fee : $195

Contract Terms:

1 Year 3 Years
Visit Maverick Bankcard

Maverick Bankcard is a merchant account provider that primarily works with high-risk merchants. The company has grown tremendously since it was launched in 2000 and currently services over 80,000 merchant clients.

Maverick Bankcard Overview

 

Maverick Bankcard is a merchant account provider that was launched in 2000. It is currently located in Calabasas, California with Alan Griefer as the listed CEO of the firm.


Maverick Bankcard is a registered ISO/MSP of the following banks:




  • Avidia Bank in Hudson, MA

  • Evolve Bank & Trust in Memphis, TN

  • Esquire Bank NA in Jericho, NY

  • Mission Valley Bank in Sun Valley, CA


Although Maverick is known for servicing high-risk merchants, the company's website also aims to attract merchants in the retail, eCommerce, hotel, healthcare, gas station, and restaurant industries.

Quick Facts

Head Quarters

Calabasas, CA

Year Founded

2000

CEO

Alan Griefer

Employees

30

Merchant Provider Risk Tolerance

What We Like

What We Don't Like

Industries Served

  • Adult
  • CBD & Hemp
  • Cigars & Tobacco
  • Clothing & Apparel
  • Convenience Store
  • Dating
  • E-Cigarettes / Vape
  • Education
  • Educational Seminars
  • Electronics
  • Gaming
  • Gas Station
  • Guns & Firearms
  • Healthcare
  • Hosting
  • Hunting & Outdoor Equipment
  • Marijuana / Cannabis
  • Medical
  • Moving Companies
  • Nutraceuticals & Supplement
  • Personal Service
  • Property Management
  • Restaurant / Bar
  • SAAS
  • Self Defense, Tasers & Stun Guns
  • SEO & SEM Services
  • Smoking Accessories
  • Thrift Store
  • Travel
  • Web Design Services

Business Types Served

  • Ecommerce
  • High Risk
  • High Volume
  • Information
  • Low Risk
  • Mobile
  • Mom & Pop
  • MOTO
  • Non Profit
  • Online
  • Retail / Card Present
  • Small Business
  • Wholesale

Maverick Bankcard Products & Services

 

Maverick Bankcard promotes the following products on its website:



Bizlitix


Maverick's analytics tool designed to aid merchants in tracking their business's progress by providing "clear, actionable data"



Maverick Gateway


The firm's payment gateway that is advertised to integrate with over 100 shopping carts, CRM systems, and software programs while providing dependable security.



POS solutions


Maverick Bankcard provides Point-of-Sale solutions that enable merchants to accept EMV chip, Verifone, and Near Field Communication (NFC) transactions like Apple Pay and Android Pay.

Maverick Bankcard Payment Processing

  • Credit Card Processing
  • Debit Card Processing
  • eCheck & ACH Processing
  • Gift & Loyalty Program
  • Mobile Payments App
  • Online Payments
  • Payment Gateway
  • POS Equipment

Maverick Bankcard Billing & Invoicing

  • Mobile Payments
  • Multi-Currency
  • Online Payments
  • Payment Processing
  • Recurring/Subscription Billing

Maverick Bankcard Advertising & Sales

 

Maverick Bankcard conducts a majority of its advertising through independent sales agents. Typically merchant account providers that employ sales agents face complaints for aggressive sales tactics and undisclosed terms but surprisingly Maverick has very little of these complaints. This could indicate that the firm is generally honest or transparent with its contract terms.

Truth in Marketing

Discloses All Important Terms

No

Public Pricing Available

No

Maverick Bankcard Pricing, Rates & Fees

 

Transaction fees with Maverick Bankcard can vary between 1-5% of the total transaction amount. The known fees are:




  • Early Termination Fee (ETF) = $195

  • Monthly Minimum Fee = $25/month

  • Monthly Service Fee = $10

  • Chargeback Fee = $25


It is uncertain if Maverick charges a fee for using its payment gateway.

Pricing at a Glance

Pricing Model

Swiped Rate

1.00% - 4.99%+

Keyed-in Rate

1.00% - 4.99%+

Mobile Payment Rate

Virtual Terminal Rate

1.00% - 4.99%+

Monthly Fee

$10

Payment Gateway Fee

Undisclosed

Batch Fee

Undisclosed

Early Termination Fee

$195

PCI Compliance Fee

Undisclosed

Equipment Lease Terms

48 Month (locked)

Address Verification Service (AVS)

Application Fee

Account Setup Fee

$0

Gateway Setup Fee

Undisclosed

Annual Fee

Monthly Minimum

$25

Statement Fee

Maverick Bankcard Contract & Terms

Since Maverick BankCard services such a large variety of merchants, the firm's contract terms can very greatly depending on a merchant's particular business model. A standard contract is believed to be a 48-month (4 year) agreement with an Early Termination Fee of $195.

Contract Length

1 Year3 Years

Early Termination Fee

$195

Maverick Bankcard Setup & Support

 

Setup Highlights

  • Documentation / Knowledge Base

Support Highlights

  • Domestic Phone Support (Business Hours)
  • FAQ
  • Offshore Tech Support (After Hours)

Maverick Bankcard Complaints, Ratings & Reviews

Maverick BankCard accredited with the Better Business Bureau and currently maintains an "A+" rating on their BBB profile. The firm has received 0 complaints during its 36-month operational record. Compared to other merchant account providers, this is a superb record especially considering Maverick's large 80,000 customer base.

Ratings

BBB

A+(0 complaints)

Google

4.5 Stars / 31 Reviews

Facebook

5 Stars / Based on the opinion of 4 people

Yelp

5 Stars / 6 Reviews

Reviews

Total Online Reviews

40+

Total Online Complaints

<10

Lawsuits

None

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