Red Payments 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: $9.99 (Account On File Fee)

Swipe Rate: 1.00% - 4.99%

Keyed-in Rate: 1.00% - 4.99%

Early Termination Fee : $495

Contract Terms:

3 Years
Visit Red Payments

Red Payments Overview

 

Quick Facts

Head Quarters

New York, New York

Year Founded

2008

CEO

Alex Groyzburg - President

Employees

100

Merchant Provider Risk Tolerance

What We Like

Zero setup fee.

Gift and loyalty program.

FAQ section.

Documentation knowledge base is available.

Live one on one online support.

What We Don't Like

Early termination fee.

Monthly fee.

Three year contract.

Public pricing is not available.

Does not disclose all important terms.

Industries Served

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

Business Types Served

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

Red Payments Products & Services

 

Red Payments Payment Processing

  • ACH Check Transactions
  • 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
  • Virtual Terminal

Red Payments Billing & Invoicing

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

Red Payments Advertising & Sales

 

Truth in Marketing

Discloses All Important Terms

No

Public Pricing Available

No

Red Payments Pricing, Rates & Fees

 

Pricing at a Glance

Pricing Model

Tiered Pricing

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

$9.99 (Account On File Fee)

Payment Gateway Fee

Undisclosed

Batch Fee

Undisclosed

Early Termination Fee

$495

PCI Compliance Fee

Undisclosed

Equipment Lease Terms

48 Month (locked); $100 Per Month - Equipment Lease Cost

Address Verification Service (AVS)

Application Fee

Account Setup Fee

$0

Gateway Setup Fee

Annual Fee

Monthly Minimum

$25

Statement Fee

Red Payments Contract & Terms

Contract Length

3 Years

Early Termination Fee

$495

Red Payments Setup & Support

 

Setup Highlights

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

Support Highlights

  • Domestic Phone Support (Business Hours)

Red Payments Complaints, Ratings & Reviews

Ratings

BBB

A+ and has been Accredited since 2015. (8 Reviews; 30 Complaints)

Google

3 Stars / 103 Reviews

Facebook

5 Stars. Based on the opinion of 20 people

Yelp

N/A

Reviews

Total Online Reviews

200+

Total Online Complaints

100+

Lawsuits

None

Red Payments Alternatives

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