| Solutions | In-store, Mobile, Online |
|---|---|
| Products | Payment processing |
| Monthly fees start at | $25/month |
| Processing fees start at | 2.69% plus $0.19 per transaction |
| Contract required? | Yes |
| Processing time | 1-2 business days |
| High-risk merchants accepted? | Yes |
The features that Valued Merchant Services offers include:
Valued Merchant Services doesn’t offer proprietary hardware. However, it offers several well-known POS systems, credit card terminals and mobile payments from a number of reliable third-party providers including:
Business owners who already own hardware before getting set up with VMS could use their own hardware. Confirm this before signing up.
Valued Merchant Services doesn’t disclose its processing rates or fees on its website — a practice which isn’t entirely unheard of in the merchant services industry. That said, more and more processors now opt for transparency in their rates. And Valued Merchant Services’ lack of transparency is frustrating at best — and a red flag at worst.
Without this information, it’s impossible to compare VMS to its competitors. It also means that if you’re interested in VMS, you’ll need to call and speak to one of its sales reps for more information. Be wary of any company that refuses to disclose information until they get you on the phone, as this is a tactic frequently employed by aggressive sales reps.
Business owners who want to get set up to accept VMS should:
Valued Merchant Services offers a comprehensive lineup of services to accept electronic payments. However, small business owners may also need:
Valued Merchant Services was established in 2006 to help businesses across the country accept various types of electronic payments. It’s a top 1,000 honoree on the Inc. Magazine List of the 5,000 Fastest Growing Private Companies in America and, according to the company, has a 99% merchant approval rate.
The company is headquartered in Idaho Falls, Idaho, and has agents across the US.
Despite the company having been founded more than 12 years ago, customer reviews of Valued Merchant Services are fairly difficult to find online. However, the company has an A+ rating from the Better Business Bureau (BBB), as of October 2020. While there is only one review, there are no complaints registered through the BBB as of this writing.
Among the reviews available online, customers highlight VMS’s ability to get them set up to accept payments quickly — reportedly in as fast as one day.
To get in touch with VMS, small business owners can:
Valued Merchant Services allows small business owners to accept many types of electronic payments. It has agents across the US and offers your business $500 if it can’t beat your current rates and fees. But its services are relatively basic. If you're looking for bells and whistles, you'll want to compare other payment processors.
Are there any industries that VMS won’t serve?
VMS claims on its website that it serves all types of businesses.
Which point of sale systems does VMS offer?
VMS can provide your small business with hardware from Clover and software from the cloud-based Vital POS.
