SMB Global Payments Review
Smbglobal specializes in those businesses that are considered high-risk. With the use of domestic and off-shore banking connections, they promise to do their best to get businesses to start accepting payments.
A more personalized service allows them to make hard-to-place businesses get a reliable merchant account.
|Early Termination Fee||Unknown|
SMB Global Payments Overview
SMB Global Payments is a merchant account provider that specializes strictly in customized payment processing solutions for high risk domestic and international businesses. They boast the “lowest rates and faster approval and deposit times than other high risk processors.”
SMB Global Payments boasts a diverse portfolio of domestic banking relationships to get high risk merchants approved. SMB Global Payments also provides solutions for international and high risk businesses in the form of offshore merchant accounts. Offshore accounts have broader underwriting guidelines and higher processing volume caps, which benefits merchants in hard-to-place domestic industries or international businesses located outside the US.
Additionally, SMB Global Payments offers small business loans for high risk merchants via Lendio (a small business loan marketplace).
They cater to a variety of industries including high-risk merchants as well as having affiliate and ISO program partners.
SMB Global Payments has a payment gateway capable of integrating with both websites and mobile devices.
SMB Global Payments Pros & Cons
Specialize in high risk merchants
Fraud & chargeback prevention platform
Offers small business loan and lending relationships
Various high risk and international relationships to approve hard-to-place merchants
Offers ACH Payment Processing
Supports multi-currency processing to avoid cross border fees
Unlimited processing volume and no rolling reserves for travel businesses with a clean processing history
No publicly disclosed pricing
No 24/7 customer support
SMB Global Payments Products & Services
SMB Global Payments services include credit card and ACH processing solutions for eCommerce, MOTO, and in-person high risk domestic and international businesses.
ACH stands for Automated Clearing House. ACH transactions coordinate the movement of funds from one bank account to another without using credit card networks, wire transfers, paper checks, or cash. For merchants that offer subscription-based products or recurring payments, ACH offers a more secure and seamless solution than credit cards. Though the exact pricing is not publicly available on the SMB Global Payments website, ACH payments are processed at a flat rate and batched out in groups: which significantly reduces the cost for a merchant when compared to credit card transactions.
SMB Global Payments provides a chargeback prevention suite. Chargebacks and fraud are common in high risk business environments. The suite boasts real time analytics and reporting, a chargeback representment system to respond to chargebacks, and a CRM-Processor integration so chargebacks can be matched to their original orders.
Multi-currency processing is also supported by SMB Global Payments, allowing cross border fees between countries to be avoided.
SMB Global Payments offers small business loans for high risk merchants with a simple, fast, and secure online application process.
SMB Global Payments Advertising & Sales
Due to lack of complaints, SMB Global Payments appears to be truthful & ethical in their marketing, advertising & sales practices.
However, SMB Global Payments does not publicly disclose their pricing structures online. This does not necessarily reflect deceptive practices by a company; because many providers prefer to handle questions/objections and give pricing options after giving value.
Truth in Marketing
|Advertises Deceptive Rates||No|
|Discloses All Important Terms||No|
|Public Pricing Available||No|
SMB Global Payments Pricing, Rates & Fees
The pricing structure for SMB Global Payments is not publicly available on their website which is common to the merchant processing industry (especially amongst high-risk accounts). We do know that pricing varies depending on the merchant’s business type, processing history, and credit history.
Pricing At A Glance
|Pricing Model||Flat Rate|
|Mobile Payment Rate||N/A|
|Virtual Terminal Rate||N/A|
|Payment Gateway Fee||N/A|
|Early Termination Fee||Unknown|
|PCI Compliance Fee||N/A|
|Equipment Lease Terms||N/A|
|Address Verification Service (AVS)||N/A|
|Account Setup Fee||Unknown|
|Gateway Setup Fee||N/A|
SMB Global Payments Contract & Terms
SMB Global Payments does not publicly disclose their merchant application or contract terms & conditions.
SMB Global Payments Setup & Support
The SMB Global Payments website allows you to fill out basic information about your business and a representative will call you and discuss pricing depending on business details.
SMB Global Payments Complaints, Ratings & Reviews
SMB Global Payments has no online reviews. However we have not found any consumer complaints.
There is no BBB page, no Yelp page and no area to leave reviews on their Facebook page.
No outstanding class-action lawsuits or FTC complaints filed against SMB Global Payments.
|Total Online Reviews||0|
|Total Online Complaints||0|