Best for
Restaurants, bars, cafes, and retailers should consider TouchSuite because it offers unique features built just for them. The products fit mom-and-pop shops to Fortune 500 companies. TouchSuite also provides a healthy selection of e-Commerce payment processing systems for all types of businesses.
Specializes in
TouchSuite prides itself on its GRUBBER POS self-serve kiosk for restaurants, cafes, bars, and the hospitality industry. In addition, TouchSuite offers its stationary and mobile POS systems for server use that integrate with the kitchen and all parts of the restaurant. It is a reseller for Clover and the e-Commerce platforms Converge, USAEpay, NMI, and Authorize.net.
Pricing Summary
Setup Fee: $0
Monthly Fee: Variable
Swipe Rate: 0.20% + $0.10
Keyed-in Rate: 0.20% + $0.10
Early Termination Fee : $1,000+
Contract Terms:
TouchSuite won South Florida Business Journal’s 2018 “Business Of The Year” award in the $25 to $49 million revenue category. Founded in 2004, Touchsuite is headquartered in Boca Raton, Florida. The company is a registered ISO of Wells Fargo Bank, BMO Harris Bank, and the #2 partner of Elavon, Inc.
TouchSuite ranks as one of America’s leading fintech companies. It has qualified repeatedly as one of Inc. Magazine’s 500 fastest-growing private companies.
Originally, TouchSuite was strictly a merchant payment processor but has since evolved into an award-winning company that provides both payment processing and eCommerce solutions to businesses from mom-and-pop- to enterprise size.
The company advertises low rates, but merchants should bear in mind that TouchSuite, like most processors, uses a variable pricing model. It offers low prices on its retail, restaurant, and salon credit card processing web pages, which are likely highly competitive because the company focuses on these industries.
TouchSuite’s equipment does not integrate with equipment from other processors, so merchants must use TouchSuite for all their payment processing while under contract.
Head Quarters
Boca Raton, FL
Year Founded
2003
CEO
Sam Zietz
Employees
100
Merchant Provider Risk Tolerance
Zero setup fee.
Point of sale systems built for specific industries.
Provides customer data analytics.
QuickBooks access is provided at lower than direct costs.
GRUBBER restaurant self serve kiosk is available.
Monthly fee.
Three year contract.
Early termination fee.
Public pricing is not available.
Not all important terms are disclosed.
Hardware & Software
For restaurants, the company offers both its self-serve kiosk system GRUBBER and full-service POS systems through its TouchSuite custom POS system.
The company advertises the benefits of self-service kiosks for restaurants: reduction of customer wait times, enhanced workflow efficiencies, and increased sales.
A GRUBBER package includes the hardware and software, EMV certified credit card terminal, receipt printer, and kiosk stand.
The TouchSuite restaurant POS system integrates the restaurant’s entire system, according to the company’s website. Servers or counter people input the orders, which are then automatically transmitted to the kitchen, where the software manages workflow.
TouchSuite underscores that management benefits from the ease of changing menu items and prices, managing payroll, supervising delivery drivers, reducing waste, and configuring the best table layout.
The company serves as a Clover reseller, which provides several options for retail and other businesses needing POS processing. Merchants can choose between a full-service Clover system, the Clover Mini, and the Clover Mobile Payments options.
Value-Added Services
In addition to payment processing, TouchSuite offers its customers SEO solutions, 240-hour cash advances, and marketing technology, such as automated analysis of customer data.
TouchSuite’s e-Commerce solutions provide several value-added services, including user permission management (up to 5000 users).
On the security front, it provides EMV, encryption, and tokenization.
In addition, TouchSuite offers e-Commerce customers a variety of digital cart options.
Accepted Payment Types
TouchSuite’s payment processing and e-Commerce products accept most payment types, including MasterCard, Visa, Discover, American Express, Diners Club, and JCB. The company also provides EBT capabilities, guaranteed checks, and loyalty program payments.
TouchSuite is fully capable of supporting near-field communication (NFC) mobile payments, regardless of which type of payment processing equipment you choose. NFC payment technology transfers transaction information between two NFC-enabled devices, such as a smartphone, smartwatch, or tablet, and a TouchSuite NFC enabled terminal.
Discloses All Important Terms
No
Public Pricing Available
No
TouchSuite has a variable pricing structure, dependent on factors such as industry and transaction volume.
For its POS rates, the company charges between 1.00% and 4.99% for each transaction.
However, it offers special rates for some retail, restaurant, and salon credit card transactions, which it advertises as low .20% + 10 cents. This is likely TouchSuite’s most competitive rate because it is advertised, applies to the industries it specializes in and several merchant reviews report higher price levels.
We also found that TouchSuite has special pricing for its proprietary app, which integrates with QuickBooks POS. A special rate of 0.95% plus $0.22 applies to debit PIN transactions, and the swipe rate stands at 1.95% plus $0.22. The keyed-in rate is 2.95% plus $0.22. These rates beat the QuickBooks direct pricing!
E-Commerce customers are charged between 1.00% and 4.99%, with a $25 monthly fee and $100 setup fee.
TouchSuite promises to match merchants’ existing pricing. It is possible to obtain a better price this way, though a long-term contract does apply.
Pricing Model
Interchange PlusFlat Rate
Swiped Rate
0.20% + $0.10
Keyed-in Rate
0.20% + $0.10
Mobile Payment Rate
Virtual Terminal Rate
1.00% - 4.99%
Monthly Fee
Variable
Payment Gateway Fee
Up to $25 Per Month
Batch Fee
$0.10
Early Termination Fee
$1,000+
PCI Compliance Fee
Variable
Equipment Lease Terms
48 Month (locked)
Address Verification Service (AVS)
Application Fee
Account Setup Fee
$0
Gateway Setup Fee
Up to $100
Annual Fee
Monthly Minimum
Variable
Statement Fee
TouchSuite requires a 48-month commitment for its services, though equipment lease contracts last just 36 months. The contract calls for “liquidated damages” to be paid by the customer in the event of early termination. Liquidated damages are the amount of money the company loses because of a contract breach. This can lead to a hefty cancellation fee, so new customers should review the contract carefully before signing.
Contract Length
3 Years
Early Termination Fee
$1,000+
TouchSuite maintains an A+ rating with the Better Business Bureau (BBB) and has been accredited by it since 2012. It has received two complaints in the past 36 months through the BBB. This is a vast improvement over the 13 BBB complaints received in the prior 36-month period, suggesting that the company has improved services. However, it did not successfully resolve the two complaints against it over the past three years, which related to product and service issues.
The company scored a 3.4-star average over 88 Google Business reviews. Overall, the company has earned a decent reputation and offers competitive pricing, especially in its niche industries. Some contract disclosure and customer service issues detract from an otherwise strong rating. We give TouchSuite a B+ overall.
BBB
A+(2 complaint)
3.4 Stars / 88 Reviews
N/A
Yelp
N/A
Total Online Reviews
100+
Total Online Complaints
20+
Lawsuits
None
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