Merchant Industry Review

Rates and Fees
/100
Truth in Advertising
/100
Consumer Reviews
/100
Customer Support
/100

Best for

Specializes in

Pricing Summary

Setup Fee: $0

Monthly Fee: $9.95 (Service Fee)

Swipe Rate: 2.69% + $0.19

Keyed-in Rate: 3.69% + $0.19

Early Termination Fee : $395+

Contract Terms:

3 Years
Visit Merchant Industry

Merchant Industry Overview

 

Quick Facts

Head Quarters

Long Island City, New York

Year Founded

2007

CEO

Leo Vartanov

Employees

200

Merchant Provider Risk Tolerance

What We Like

What We Don't Like

Industries Served

  • Clothing & Apparel
  • Convenience Store
  • Electronics
  • Gas Station
  • Healthcare
  • Hunting & Outdoor Equipment
  • Marketing Agency
  • Moving Companies
  • Personal Service
  • Property Management
  • Restaurant / Bar
  • SAAS
  • Thrift Store

Business Types Served

  • B2B
  • Ecommerce
  • Enterprise Merchant Accounts
  • Mobile
  • Mom & Pop
  • MOTO
  • Online
  • Retail / Card Present
  • Small Business
  • Wholesale

Merchant Industry Products & Services

 

Merchant Industry Payment Processing

  • ACH Check Transactions
  • Cash Transactions
  • Chargeback & Fraud Prevention
  • Check Services
  • Contactless NFC
  • Credit Card Processing
  • Credit Card Terminals
  • Debit Card Processing
  • EBT Acceptance
  • eCheck & ACH Processing
  • EMV Processing
  • Gift & Loyalty Program
  • Merchant Cash Advance
  • Mobile Card Reader
  • Mobile Payments App
  • Online Payments
  • Payment Gateway
  • POS Equipment
  • Recurring Billing
  • Retail Payment Processing
  • Virtual Terminal

Merchant Industry Billing & Invoicing

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

Merchant Industry Advertising & Sales

 

Truth in Marketing

Discloses All Important Terms

Yes

Public Pricing Available

Yes

Merchant Industry Pricing, Rates & Fees

 

Pricing at a Glance

Pricing Model

Tiered PricingFlat Rate

Swiped Rate

2.69% + $0.19

Keyed-in Rate

3.69% + $0.19

Mobile Payment Rate

1.00% - 4.99%

Virtual Terminal Rate

1.00% - 4.99%

Monthly Fee

$9.95 (Service Fee)

Payment Gateway Fee

$0.10

Batch Fee

$0.18

Early Termination Fee

$395+

PCI Compliance Fee

$79.99 Per Year

Equipment Lease Terms

Undisclosed

Address Verification Service (AVS)

$0.05

Application Fee

$0

Account Setup Fee

$0

Gateway Setup Fee

$25

Annual Fee

$99.95

Monthly Minimum

$25

Statement Fee

$9.95 Per Month

Merchant Industry Contract & Terms

Contract Length

3 Years

Early Termination Fee

$395+

Merchant Industry Setup & Support

 

Setup Highlights

  • Documentation / Knowledge Base
  • Live Online (1-on-1)

Support Highlights

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

Merchant Industry Complaints, Ratings & Reviews

Ratings

BBB

A+ and has been Accredited since 2015. (8 Reviews; 36 Complaints)

Google

2.7 Stars / 60 Reviews

Facebook

4.4 Stars. Based on the opinion of 20 people

Yelp

3.5 Stars / 7 Reviews

Reviews

Total Online Reviews

100+

Total Online Complaints

40+

Lawsuits

None

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