Advantage Processors Review

Company Background: Advantage Processors is a credit card processing service provider for merchants in various industries. They specialize in finding customers the lowest rates on processing fees, especially for high risk account holders and off-shore and international merchants. There is no company information featured on the website.

Rates: Rates are not listed online and are based on how your business operates. The company only offers general rates which range as low as 1.6% to 10% for the businesses with the highest risk. Potential customers must fill out an application before rates will be determined.  Credit histories will also be checked before rate quotes will be provided.

Security Features and Account Services Provided:  Advantage Processors offer credit card processing options for merchants in a number of industries. They cater to high-risk businesses including internet orders, telephone orders, and high-risk mail order transactions. They also offer competitive rates on point of sale processing.

Accepted Forms of Payment and Other Services: Advantage Processors provide processing services for Visa, MasterCard, Discover, American Express, and Diners Club.  Virtual terminals and shopping cart links are also available for merchants.

Bottom Line: Advantage Processors offers credit card processing services for merchants in the United States as well as those conducting business offshore. The company strives to get the best rates for merchants based on business size and type.

The company website does not offer much information but potential customers can apply online for a merchant account. As the company will only provide service quotes after applications are submitted and a credit check is done, you will need to speak in person with a company representative to learn more about the service offerings on a case-by-case basis.

Advantage Processors offer credit card processing services to new startup businesses and to those with existing businesses. They also offer incentives for businesses that have credit card service processing accounts with another company. For high risk merchants, Advantage Processors may be a viable option for obtaining a typically difficult processing account with reasonable rates. High risk companies like pharmaceuticals, travel, and online gaming sites often find it difficult to get approved for merchant account services.

BBB Rating: At the time of this review, Advantage Processors is not an accredited business with the Better Business Bureau organization.

Posted on Tuesday, July 10th, 2012