Merchants with businesses of all sizes that are in need of merchant accounts, payment processing services, and additional services.
Omega Transactions Corporations specializes in working with merchants that need to process B2B payments, as well as those with specialty services and products. This company offers several additional services to its merchant customers.
Setup Fee: Unknown
Monthly Fee: Unknown
Swipe Rate: Unknown
Keyed-in Rate: Unknown
Early Termination Fee : Unknown
Omega Transactions Corporation has been in business since 1989, and it is a family-owned company.
The company is headquartered in Houston, Texas, and it appears to partner with First Data and Authorize.Net.
Omega Transactions Corporation’s president is Eddie Burke and it is a registered ISO of Woodforest National Bank, Houston, TX.
Omega Transactions Corporation is an award-winning, family-owned credit card processing company and merchant account provider. The company is located in Houston, Texas, and has been in business since 1989. The company’s philosophy is that if you treat people right, the rest will take care of itself.
Omega Transactions Corporation strives to offer the lowest possible rates to its merchant customers. It provides low-cost (and often, no-cost) payment processing equipment and promises no hidden fees or aggressive, high-pressure sales tactics.
This company works with merchants that own and operate businesses of all sizes and risk levels.
5858 Westheimer Rd. Suite 712 Houston, TX 77057
Merchant Provider Risk Tolerance
Hardware & Software
Merchants that choose Omega Transactions Corporation as their merchant account provider and payment processor will have access to hardware at wholesale prices. This company works with merchants to provide them with everything they need, including:
Various types of POS systems, including Clover products
Credit card terminals from multiple manufacturers
Mobile credit card machines
POS supplies and accessories
Omega Transactions Corporation offers two payment gateway options - Authorize.Net and eProcessing Network Payment Gateway.
Omega Transactions Corporation can provide many additional services to its merchant customers, including:
Cash advances for working capital
A gift card program
POS check guarantee
Remote deposit capture
This company also features the AMEX OPT Blue Program, which allows merchants to receive next-day funding on all American Express deposits.
Supported Payment Types & Services
Merchants that choose Omega Transactions Corporation as their merchant account provider and payment processor will be able to accept multiple forms of payment, including:
Visa, Mastercard, American Express, and Discover Card payments (EMV and magstripe)
Debit card payments
Mobile wallet payments (Apple Pay, Google Pay, etc.)
Check and echeck payments
Additional payment types may also be available, depending on the type of POS system, credit card terminal, or payment gateway a merchant chooses.
Discloses All Important Terms
Public Pricing Available
Omega Transactions Corporation advertises the following on its website:
No hidden fees
No setup fees
No application fees
No annual fees
No cost to switch
Wholesale priced equipment
Free equipment replacement
It does not mention what its pricing structure is. However, because it partners with Authorize.Net and eProcessing Network, those company’s fees are available elsewhere, and they are:
Setup fee - ranging from $0 - $79
Monthly gateway fee - ranging from $15 - $23
Per transaction fee - ranging from $0.10 - $0.15
Setup fee for virtual terminal only - $0
Setup fee for payment gateway and virtual terminal - $19
Monthly gateway fee - $10 - $15
Per transaction fee - $0.10
Mobile Payment Rate
Virtual Terminal Rate
Payment Gateway Fee
Early Termination Fee
PCI Compliance Fee
Equipment Lease Terms
Address Verification Service (AVS)
Account Setup Fee
Gateway Setup Fee
Omega Transactions Corporation does not require its merchant customers to enter into extensive, long-term contracts. It advertises no contracts, and works with merchants on a month-to-month basis.
It appears that this company offers the same types of terms for its equipment leases. It offers all equipment at wholesale cost and will reprogram a merchant’s existing equipment free of charge.
Early Termination Fee
Omega Transactions Corporation does not indicate how long it might take for a merchant to get set up to accept payments as their customer. This company has several reviews from customers on its website, which are all favorable. Many of them mention plug-and-play equipment that arrived quickly.
Typically, there is an underwriting process that merchants go through, which can take up to 72 hours in most cases. Merchants processing payments through payment gateways may be able to accept payments in as little as a few days.
Omega Transactions Corporation has won Awards for Excellence from the Better Business Bureau ten years in a row. This company is an accredited business with the BBB, and has an A+ rating on the website.
There is one negative review on the BBB website for this company, which states that the merchant was charged a fee that it should not have been charged. Omega Transactions Corporation answered the merchant, stating that the fee had been refunded, although it was a standard fee that was charged by their processor, and not Omega Transactions Corporation.
Other Online Reviews
Most other online reviews for this company are on its website and they are all positive in nature.
A+ and has been Accredited since 2007. (1 Reviews; 0 Complaints)
3 out of 5 Based on the opinion of 4 people
Total Online Reviews
Total Online Complaints
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