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:
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 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: 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.
Head Quarters
Calabasas, CA
Year Founded
2000
CEO
Alan Griefer
Employees
30
Merchant Provider Risk Tolerance
Zero set up fee.
Specializes in medium to large size high risk businesses.
NFC, EMV and point of sales processing provided.
Provides merchant business analysis.
Retail, ecommerce, hotel, healthcare, gas stations,and restaurants are able to use the company's services.
Monthly Fee.
Early termination Fee
Different contract lengths offered.
Employs independent sales agents.
Public pricing is not available.
Maverick Bankcard promotes the following products on its website: Maverick's analytics tool designed to aid merchants in tracking their business's progress by providing "clear, actionable data" The firm's payment gateway that is advertised to integrate with over 100 shopping carts, CRM systems, and software programs while providing dependable security. 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.
Bizlitix
Maverick Gateway
POS solutions
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.
Discloses All Important Terms
No
Public Pricing Available
No
Transaction fees with Maverick Bankcard can vary between 1-5% of the total transaction amount. The known fees are: It is uncertain if Maverick charges a fee for using its payment gateway.
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
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 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.
BBB
A+(0 complaints)
4.5 Stars / 31 Reviews
5 Stars / Based on the opinion of 4 people
Yelp
5 Stars / 6 Reviews
Total Online Reviews
40+
Total Online Complaints
Lawsuits
None
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