Online Credit Card Processing. Best Internet Credit Card Processing & Processors - Apr 2014

RANK COMPANY NAME YEAR FOUNDED REVENUE FULL TIME EMPLOYEES ACTIVE CLIENTS CLIENT RETENTION RATE PRICING CLIENTS Overall Score Composite score based on criterias and quality of work observed.
0100
GVGE
Competitive Rates Processor's ability to provide competitive pricing rates. Reliability Processor's overall reliability in service and processing. Efficiency Processor's overall ability to provide an efficient service with the least amount of inconvenience. Variance The processor's ability to provide a variation of services and options to meet the needs of their customers. Customer Support Processor's ability to communicate effectively with their customers. Change in Rank Indicates shift in rank from previous month's rank.
1st Award
National Bankcard

Melville, New York John Monge 800-991-2291_ Visit National Bankcard File A Complaint
Commend This Vendor
2004 Over $100 million Above 100 200+ 97% 99% Economy Inn, Subway, Taco Bell, Kentucky Fried Chicken, Comfort Inn & Suites
100%
100 100 100 100 100 NC More Info
2nd Award
Merchants Bancard, Inc. (MBN)

Valencia, California Jerry Cain 877-771-4629_ Visit Merchants Bancard, Inc. (MBN) File A Complaint
Commend This Vendor
1988 Over $100 million 26 - 50 10,500+ 96% 98% Confidential
99.8%
100 99 100 100 100 NC More Info
3rd Award
Electronic Transfer

Spokane, Washington Robert Donegan 800-757-5453_ Visit Electronic Transfer File A Complaint
Commend This Vendor
1989 $10 - $50 million 1 - 10 10000+ 98% 98% D.K. Rolling Outfitters Inc., Time4Learning.com, flexawaysystem.com, aVegasEdge.com
99.4%
100 99 100 98 100 NC More Info
4
Leap Payments

Agoura Hills, California Will Detterman 800-993-6300_ Visit Leap Payments File A Complaint
Commend This Vendor
2007 $10 - $50 million 26 - 50 2,500+ 99% 99% PetSmart, Yellow Cab, Buy Direct, Best Western Hotels, H&R Block
99%
100 99 97 99 100 NC More Info
5
Merchant Warehouse

Boston, Massachusetts Andrew Blair 800-749-2173_ Visit Merchant Warehouse File A Complaint
Commend This Vendor
1998 Over $100 million Above 100 100,000+ 98% 99% Popcorn Paws, By Brooklyn, The Orchard, Lightspeed, Retail Proo
98.6%
99 100 99 98 97 NC More Info
6
Credit Card Processing Specialists

Grandville, Michigan Mike Konig 877-554-5853_ Visit Credit Card Processing Specialists File A Complaint
Commend This Vendor
2010 $1 - $10 million 26 - 50 1,000+ 98% 99% Ace Hardware, Discovery Network, South Central Pallets, Advance Auto Parts, Main Street Technologies
98.4%
100 99 96 97 100 - More Info
7
CPN USA

Phoenix, Arizona Merchant Services 800-750-7544_ Visit CPN USA File A Complaint
Commend This Vendor
2006 Over $100 million Above 100 10,000 + 90% 98% Confidential
98.4%
96 100 98 100 98 - More Info
8
eMerchantBroker.com

Los Angeles, California Blair Thomas 800-621-4893_ Visit eMerchantBroker.com File A Complaint
Commend This Vendor
2010 $10 - $50 million 11 - 25 2000 96% 99% Confidential
97.6%
96 98 96 98 100 NC More Info
9
Meritus Payment Solutions

Santa Ana, California Warren DiChiara 877-895-4462_ Visit Meritus Payment Solutions File A Complaint
Commend This Vendor
2008 $50 - $100 million Above 100 10,000 92% 98% Confidential
97.2%
96 98 96 100 96 NC More Info
10
Solupay

Twinsburg, Ohio Joe Musitano 888-765-8729_ Visit Solupay File A Complaint
Commend This Vendor
1994 $50 - $100 million 11 - 25 200+ 97% 98% Confidential
97%
96 98 97 98 96 - More Info
11
PayLeap

Warsaw, Indiana Scott Miller 877-472-9532 _ Visit PayLeap File A Complaint
Commend This Vendor
2008 $1 - $10 million 11 - 25 87 92% 98% Confidential
96.8%
96 98 97 96 97 NC More Info
12
Merchant Express

Hauppauge, New York Merchants Sales 631-840-6900_ Visit Merchant Express File A Complaint
Commend This Vendor
1998 Over $100 million Above 100 200+ 90% 80% Confidential
96.6%
97 95 97 96 98 NC More Info
13
PayPal

San Jose, California John Donahoe 408-967-1000_ Visit PayPal File A Complaint
Commend This Vendor
1999 Over $100 million Above 100 10,000+ 98% 98% rent.com, half.com, stubhub, shopping.com
95.8%
96 94 97 95 97 NC More Info
14
Moneris Solutions

Schaumburg, Illinois Jim Baumgartner 866-423-8475_ Visit Moneris Solutions File A Complaint
Commend This Vendor
2000 $10 - $50 million 11 - 25 150 93% 98% Devon Bank, Ophthalworld.com, Association Forum
95%
96 94 95 96 94 NC More Info
15
Apriva

Scottsdale, Arizona Stacey Tappin 480-421-1200_ Visit Apriva File A Complaint
Commend This Vendor
1999 $10 - $50 million Above 100 25+ 97% 0% Confidential
94.2%
93 95 94 93 96 NC More Info
16
Banc Card of America

Nashville, Tennessee Mark Barrett 615-352-6956_ Visit Banc Card of America File A Complaint
Commend This Vendor
1997 $10 - $50 million 11 - 25 59 91% 98% Confidential
93.4%
95 94 93 95 90 NC More Info
17
EPX

Wilmington, Delaware Rick Dressel 866- 581-5239._ Visit EPX File A Complaint
Commend This Vendor
1996 $1 - $10 million 51 - 100 34+ 95% 98% Confidential
93%
94 94 93 92 92 NC More Info
18
Systar

Vienna, Virginia Guy Kuster 703-556-8400_ Visit Systar File A Complaint
Commend This Vendor
1983 $50 - $100 million 1 - 10 58 92% 98% JPMorgan Chase & Co., Coca Cola, Groupama, Air France, Groupe AREVA
92.4%
94 94 92 92 90 NC More Info
19
MersaTech

Centennial, Colorado Mike Langfield 303-268-5505_ Visit MersaTech File A Complaint
Commend This Vendor
2011 $10 - $50 million 11 - 25 88 92% 98% Confidential
91.8%
93 93 92 92 89 NC More Info
20
Electronic Payment Systems

Englewood, Colorado Chad Hunter 800-863-5995 _ Visit Electronic Payment Systems File A Complaint
Commend This Vendor
1994 Over $100 million 51 - 100 80,000 90% 95% Anthonys Pizza and Pasta, AA Performance Muffler and Brake, Paris Limousine Service, Pink Ribbon Riders, Aamco
91.2%
92 92 91 90 91 NC More Info
21
Connect Merchant Payment Services

Riverside, California Jody Wallace 877-905-5900_ Visit Connect Merchant Payment Services File A Complaint
Commend This Vendor
2001 $10 - $50 million 1 - 10 88 86% 98% Confidential
90.4%
91 89 92 92 88 NC More Info
22
Record Retention Online

Cane Ridge, Tennessee Carolyn Jones 615-445-2354 _ Visit Record Retention Online File A Complaint
Commend This Vendor
2004 $50 - $100 million 26 - 50 79 92% 98% Meriwest Credit Union, Perkins State Bank, Bank of Whitman, Gateway Community Bank, Susquehanna Bancshares
89.6%
91 88 87 91 91 NC More Info
23
ASLPay

Wilmington, Delaware Alon Elbaz 855-203-0328_ Visit ASLPay File A Complaint
Commend This Vendor
1997 $1 - $10 million 1 - 10 78 89% 98% confidential
89%
90 90 90 88 87 NC More Info
24
MLS Direct Network

Birmingham, Alabama Andy Pitts 877-972-0700_ Visit MLS Direct Network File A Complaint
Commend This Vendor
2004 Over $100 million 11 - 25 66 89% 98% Confidential
88.4%
90 90 87 88 87 NC More Info
25
Rev Worldwide

Austin, Texas Sosa, Roy 512-531-1170_ Visit Rev Worldwide File A Complaint
Commend This Vendor
2009 $10 - $50 million 11 - 25 32+ 89% 98% Bonsucesso Meo, The Mango, Pronto Insurance, RêvCOIN, The Union Plus
87.6%
87 87 86 89 89 NC More Info
26
GovTeller

Fremont, California Andrew Nern 800-329-0961 _ Visit GovTeller File A Complaint
Commend This Vendor
2008 $10 - $50 million 1 - 10 75 91% 98% Confidential
87%
87 85 87 88 88 NC More Info
27
BLM Technologies

Minneapolis, Minnesota Stephanie Schulz 888-287-4186_ Visit BLM Technologies File A Complaint
Commend This Vendor
2001 $10 - $50 million 51 - 100 98 91% 98% DELL, Canon, Burroughs, Addmaster, hp
86.4%
85 86 88 87 86 NC More Info
28
Golden Gains

Las Vegas, Nevada Jane Adams 800-707-1652_ Visit Golden Gains File A Complaint
Commend This Vendor
2006 Under $1 million 1 - 10 50 93% 98% Confidential
86%
84 87 86 86 87 NC More Info
29
RYCOM, Inc

Ontario, Canada Mandy Sandher +1-8779279266_ Visit RYCOM, Inc File A Complaint
Commend This Vendor
2000 $10 - $50 million 11 - 25 12+ 82% 98% confidential
85.4%
87 86 85 85 84 NC More Info
30
Advanced Merchant Group

Feasterville, Pennsylvania Mike Wiener +1-8779979473_ Visit Advanced Merchant Group File A Complaint
Commend This Vendor
2001 $10 - $50 million 11 - 25 300+ 97% 98% Confidential
85.2%
84 86 85 87 84 NC More Info

Evaluation Criteria for Online Credit Card Processing

When credit cards are concerned, the internet is becoming one of the most common uses. There are many companies that are doing business online and are accepting credit cards as a form of payment. Whether it be through a third party service or through a credit card processing company, many businesses rely on credit cards for their primary source of business especially if they do not have a physical location.

We work to evaluate credit card processors based on their ability to handle internet-based transactions both securely and in a stable fashion.

The first evaluation criterion is on reliability. A credit card processor needs to be able to provide reliable service that customers will be able to use for their online transactions. This benefits both the company doing business and the customer.

Our next evaluation criterion is on security. An online transaction should be as secure as possible in order to prevent identity theft. This is becoming an increasing problem with the internet, but a good secure transaction will prevent this from happening.

The third evaluation criterion is on speed. Transactions should be quick to allow the customer to make their purchase and be done with it. The benefit of purchasing things online is to get away from the hassle of purchasing items in a store.

Our fourth evaluation criterion is on the reporting methods used by the processors. The merchant needs to be able to track the money coming in through the card processing and it’s important for the service provider to provide a reporting method to track income. This is especially helpful for merchants that use a checking account.

The final evaluation criterion is on the ease of use of the service. The service should be easy to use and setup and should contain minimal requirements for use. Most merchants will be using the service through a gateway provided by the card processor.

General Queries

  • How did you find your current payment processor?
  • What other payment processors, if any, have you used?
  • How many transactions do you process per month?
  • What would be three things you would change about your experience?
  • Rate your overall experience (1-10; 10 being the highest).

 

Project Specific Queries :

  • What types of payments does the online processor support?
  • Did the service provider offer you PCI compliance services?
  • What type of online processing solution was offered?
  • How are your processed payments being reported?
  • How much effort did it take to integrate the processor's services into your offerings?