Best for
Merchants in many different industries, including those considered “high risk,” that are interested in lower payment processing fees.
Specializes in
Payment Oasis specializes in low-cost payment processing for small and medium-sized businesses.
Pricing Summary
Setup Fee: Unknown
Monthly Fee: $0
Swipe Rate: Unknown
Keyed-in Rate: $0
Early Termination Fee : Unknown
Contract Terms:
Payment Oasis started out offering ATM services but has since expanded to payment processing.
The company was founded in Houston, Texas.
They are currently updating their website to include more information on their payment processing services.
Payment Oasis was founded in Houston, Texas, and is currently based in Sugarland, Texas.
The company started as an ATM placement and services company. They have since expanded to offer payment processing, as well as other services.
According to the company website, Payment Oasis is a registered Independent Sales Organization of Wells Fargo Bank.
Head Quarters
Sugar Land, TX
Year Founded
Unknown
CEO
Akil Momin-Owner
Employees
Merchant Provider Risk Tolerance
Documentation knowledge base available.
No key in rate.
High risk tolerance.
All important terms are disclosed.
Email support provided.
Public pricing not available.
Tiered pricing.
Monthly payment plan is based on the size of the business.
Setup fee is unknown.
Early termination fee if applicable is unknown.
Hardware & Software
Payment Oasis allows its merchant customers to accept payments through a variety of methods. Their hardware options include:
Countertop terminals
POS systems
Card readers for mobile devices
For payment online or over the phone, the company offers:
Gateway and hosted payment pages for online purchases
Virtual terminal for web-based processing
Equipment is available for free with every merchant account and is stated to work with multiple POS systems. Information on the specific brands used for their equipment is not available at this time, but they state they have multiple options available.
Value-Added Services
Payment Oasis offers multiple services in addition to payment processing. Their other services include:
Reporting: In addition to credit card processing services, Payment Oasis offers detailed reporting of customer trends, marketing campaigns, historical data, and more.
Next Day Funding: Merchants can get quick access to their money with next-day funding, and take advantage of a monthly discount for collecting processing fees.
Working Capital Solutions: Merchants in need of funding for their businesses may apply for a working capital solution (otherwise known as a merchant cash advance). The application is free and the repayment is flexible and taken care of mainly through a portion of credit card sales.
Gift and Loyalty Cards: Merchants can reward their customers with loyalty programs as well as branded gift cards. Payment Oasis offers both a loyalty card program and a gift card program for their merchant customers.
ATM Placement: Payment Oasis started as an ATM placement and services company, so merchants can also receive an ATM through them. Business owners can either use the free ATM program or purchase their own. The program includes lifetime free maintenance on the machine, and merchants may also be eligible to receive a portion of the surcharge.
Supported Payment Types & Services
Payment Oasis supports the following payment types:
Visa
Mastercard
Discover
American Express
Payment Oasis can also assist merchants with utilizing OptBlue pricing for American Express, which may save them money on processing fees.
Discloses All Important Terms
Yes
Public Pricing Available
No
Payment Oasis does not advertise exact rates. Instead, it claims competitive pricing that will be unique for each business. Payment occurs via a monthly charge that is based on the size of the business.
The company claims they offer the most transparent prices in the industry, and that they help businesses save up to 40% on their fees. They do this by offering direct cost-to-cost pricing set by credit card companies so merchants don’t have to worry about being overcharged.
They advertise no contracts and no hidden fees. In addition, merchants may be eligible for free equipment.
Pricing Model
Tiered Pricing
Swiped Rate
Unknown
Keyed-in Rate
$0
Mobile Payment Rate
Unknown
Virtual Terminal Rate
Unknown
Monthly Fee
$0
Payment Gateway Fee
Unknown
Batch Fee
Unknown
Early Termination Fee
Unknown
PCI Compliance Fee
Unknown
Equipment Lease Terms
Unknown
Address Verification Service (AVS)
Unknown
Application Fee
Unknown
Account Setup Fee
Unknown
Gateway Setup Fee
Unknown
Annual Fee
Unknown
Monthly Minimum
Unknown
Statement Fee
Unknown
Payment Oasis offers monthly payment plans with no contracts or hidden fees. The monthly payment is based mainly on the size of the business.
Contract Length
Unknown
Early Termination Fee
Unknown
Payment Oasis offers 24/7 customer support and a fully certified and trained team to handle any issues with their credit card processing plan.
The company does not have a lot of details about the setup for its credit card processing services on its website. A telephone number and a contact form are available on the website and merchants can contact the company anytime.
BBB Rating
There was no information about Payment Oasis on Better Business Bureau, neither negative nor positive.
Other Online Reviews
Payment Oasis features some testimonials on their website for their ATM placement services but did not offer any testimonials or reviews of their credit card processing service at this time.
There are no online reviews available for Payment Oasis at this time, neither positive nor negative.
BBB
Unknown
3/5
0/5 based on the opinion of 0 people
Yelp
N/A
Total Online Reviews
5 merchants reviewed it
Total Online Complaints
0
Lawsuits
No
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