Veritrans Merchant Services Review

Company Background: Veritrans Merchant Services, based in Houston Texas, was established in 2001 that offers credit card processing and merchant services to companies of all sizes. The have 200 account executives across the nation that service individual accounts 24/7. The company offers each customer a dedicated helpline.

Rates: Veritrans does not provide rates on their website for service or equipment. The company does say they offer guaranteed low rates on their customized account solutions and equipment and competitive pricing within the industry. There are no set up, application, or cancellation fees on accounts.

Security features and Account Services Provided: Veritrans offers processing services for Visa, MasterCard, American Express, Discover, JCB (Japan’s credit card), pin-based debit cards, EBT cards, gift cards, and check verification transactions. Veritrans caters their all in one point of sale systems for retail stores, restaurants, and professional services businesses. The company offers credit card and debit card processing for store locations and Internet sales. Technology is also available for processing via iPhones, iPod Touch, or iPad.  Telephone orders and wireless credit card transactions are also available.

Bottom Line: Veritrans Merchant Services offers credit card processing and other merchant services including equipment for purchase or lease for retailers and vendors of all sizes. The company provides upfront rates and promises no hidden fees. They do not require long-term contracts, do not charge an application or setup fee, and no cancellation fees are assessed on accounts.

Veritrans offers merchants in-person service with dedicated account representatives for each customer that provide customer service at any time. Accounts are tailored to fit the specific needs of the company whether they operate a large business or sell solely at local farmer’s markets as an individual vendor. A consultation is provided free of charge to assess business needs.

Although service rates and fees are not listed on the company’s website, they do state they are the first and largest Independent Sales office to the largest credit card processor in the world and offer rates that are highly competitive in the market.

BBB Rating: Veritrans has been an accredited Better Business Bureau business since June 30, 2004. At the time of this review, the company holds an A+ rating. According to its BBB summary, there have been 0 complaints filed against the company in the last three years.

Posted on Monday, May 14th, 2012