Best for
Small, medium, or large-sized businesses looking for an all-in-one, affordable payment processor.
Specializes in
Bonita Payments serves all business types and sizes but seems to specialize in small businesses, especially retail, restaurant, petroleum, online and mobile.
Pricing Summary
Setup Fee: Undisclosed
Monthly Fee: Undisclosed
Swipe Rate: 1.00% - 4.99%
Keyed-in Rate: 1.00% - 4.99%
Early Termination Fee : Variable
Contract Terms:
Bonita Payments is a merchant account provider and a reseller of Clover POS products. It is an all-in-one payment provider which can process payments, provide physical equipment, and all the tools a business needs to do business online.
The company was founded in 2016 and is currently headquartered in New Orleans, Louisiana. Elliot Forman is listed as the president of the company.
Bonita payments came into existence in 2016. The company prides itself on its reliability, transparency, and affordability.
Bonita Payments is a full-fledged merchant account provider that can process all cashless payments. They also offer physical equipment in the form of Clover products.
Bonita Payments claims to offer customized solutions for a wide range of business types. However, they seem to be most passionate about serving small businesses. They specifically cite their expertise in businesses in the following industries: retail, restaurant, gas, mobile and online.
Their prices and contract terms will vary depending on the needs of the business. Overall, their pricing is very good and although little is known about their contract terms, there are no customer complaints about the contract.
Head Quarters
New Orleans, Louisiana
Year Founded
2015
CEO
Elliott Forman - President
Employees
10
Merchant Provider Risk Tolerance
Hardware and Software
Bonita Payments is a reseller of Clover POS products. This includes full POS systems, mini POS systems, credit card readers, and handheld POS systems.
Some of the features that come with the POS systems include a weekly email of data insights, detailed reporting, as well as enhanced speed and security.
Customers will also have access to the Clover Dashboard and the fully customizable Clover Go App.
Some other features include inventory management, enhanced fraud protection, and rapid deposit.
Some of the features they offer include:
Authorize.Net which provides a secure infrastructure for fast payments.
PayeezySM eCommerce allows multiple payment options and enhanced security.
eProcessing Network, which offers secure, real-time processing of cards, checks, and gift cards whether in-person, online or via a mobile app.
PerkaTM, allows businesses to send coupons and promotions to their customers via their mobile phones.
Bonita Payments also offers payment gateways and virtual terminals.
Value-Added Services
Bonita Payments offers gift and loyalty cards, coupons, and other additional features. It is unclear whether you have to pay more for these perks though.
Supported Payment Types and Services
Bonita Payments processes all cashless payments including all major credit and debit cards. This includes:
Visa
Discover
Mastercard
American Express
They also process checks, gift cards, online payments, and payments through a mobile app such as Google Pay or Apple Wallet.
Discloses All Important Terms
No
Public Pricing Available
No
Bonita Payments offers interchange-plus pricing, which generally means businesses can take advantage of the lowest rates available.
Swiped and keyed-in rates will vary from 1.00 - 4.99%.
There is no other information on rates and fees other than to say the terms will vary from business to business.
The website boasts transparent pricing with no hidden fees.
Pricing Model
Interchange Plus
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
Undisclosed
Payment Gateway Fee
Undisclosed
Batch Fee
Undisclosed
Early Termination Fee
Variable
PCI Compliance Fee
Variable
Equipment Lease Terms
Variable
Address Verification Service (AVS)
Application Fee
Account Setup Fee
Undisclosed
Gateway Setup Fee
Annual Fee
Monthly Minimum
Undisclosed
Statement Fee
Undisclosed
We don’t know much about a standard Bonita Payments contract, except that it varies from customer to customer.
High risk merchants will typically have to pay higher rates and abide by stricter contract terms.
There are no public complaints about Bonita Payments contracts which indicate that their customers seem to be satisfied with the terms and conditions.
Contract Length
Variable
Early Termination Fee
Variable
Bonita Payments offers a customer support email and contact form on their website. They also have a general phone number and email anyone can reach out.
They claim their application can be completed in as little as two minutes.
All approved clients get assigned a dedicated support person to help them with setup, as well as assist them with any issues along the way.
BBB Rating
There is no Better Business Bureau profile for Bonita Payments.
Other Online Reviews
There are no public, online complaints about Bonita Payments to be found.
The lack of any customer complaints online is a good indicator that Bonita Payments is providing a good service to its customers.
BBB
Does not have BBB profile.
5 Stars / 5 Reviews
No Recommendations Yet
Yelp
N/A
Total Online Reviews
10+
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