CreditCardProcessing.com, a subsidiary of iPayment, is a payment gateway with negotiable terms. To find out if CreditCardProcessing.com could benefit you, continue reading the review below.
CCP works with a lot of third party processors from iPayment to provide a full range of products and services and are willing to search for solutions that suit your business the best.
|PROMOTIONAL LINK||LOAN DETAILS||REVIEW|
|Chase Payment Solutions|
Best direct processor for all sizes.
2.6% discount rate and $0.10 per tap, dip or swiped transaction, and 3.5% discount rate and $0.10 per keyed transaction
2.90% and 25 cents per transaction
|Intuit Quickbooks Payments|
Best for QuickBooks users.
2.40% & 25 cents per transaction
2.90% + 25 cents per transaction
Best low-fee mobile card processor.
2.75% per transaction
2.9% + 30 cents per transaction
Table of Contents
CCP provides a bunch of solutions that every merchant and business can take advantage of.
You can negotiate pricing and terms with CCP and they will submit your application to iPayment.
However, iPayment processes payments through First Data.
iPayment’s prime gateway is Quiq. Quiq has a virtual terminal option available for both mail and telephone order business.
For eCommerce merchants, they can use the Simple Checkout page that has various buttons such as “buy” or “donate.” These buttons can direct to a hosted payment page.
There is also the Advanced Integrations page that contains APIs and shopping carts.
iPayment’s free business management portal is called iAccess and it can analyze any transaction data.
There are also CRM-style resources available.
Every merchant account from CCP will give you a free card terminal that accepts EMV and NFC payments.
To get one, however, you will have to sign a 12-month agreement with a termination fee of $250.
CCP offers the Verifone Vx520 but can also reprogram any compatible terminal you have for free.
CCP uses the MobilePay app that works with a virtual terminal if you choose to not use Quiq.
They also offer card readers from iPayment. The card readers are free if you sign the 12-month agreement.
CCP features the Clover POS systems with First Data being the third party processor.
New merchants are eligible to receive a free Clover Mini POS system when they sign the 12-month contract.
CCP actually has an add-on loyalty program called Pirq.
Customers can apply for the program if they just download the Pirq app.
There are also always gift cards to implement so your business can increase customer retention.
CCP has a general overview of their rates and fees on their website, but they aren’t transparent.
They want to work with customers to find the best rates possible for each individual business.
CCP understands that placing flat rate fees will not benefit most businesses and would rather provide quality over quantity.
Down below are examples provided from previous customers.
|Plan Type||Per Transaction Fee|
|Tiered Rates: Swiped||Qualified signature debit: 0.35% + $0.20, Qualified credit: 1.55% + $0.20|
|Tiered Rates: Keyed||Qualified signature debit: 0.95% + $0.22, Qualified credit: 1.95% + $0.22|
|Interchange-Plus||0.30% + $0.10|
|Annual PCI Compliance Fee||$119|
|Monthly PCI Non-Compliance Fee||$30|
|Quiq Gateway||$6.95/month, First 500 transactions free, $0.05/transaction after 500|
|Authorize.Net Gateway||$7.95/month, $0.05/transaction|
|Address Verification Service (AVS)||$0.05/transaction|
Customer Support & Satisfaction
CCP offers 24/7 customer support via phone. You can speak to a customer representative during their business hours which are between 8:00 a.m. to 9:00 p.m. (EST), OR 5:00 a.m. to 6:00 p.m. (PST).
Alternatively, you can always email them for any further concerns on questions.
Contract & Closing
CCP has month-to-month billing with no standard ETFs, but there are exceptions for a lot of their servicse.
The free terminal has a 12-month agreement contract and a termination fee of $250 if you choose to cancel it. Their card readers also has the same contract guidelines and ETF.
There is also a PCI compliance fee that you will have to watch out for if you choose to terminate your account early.
For those who are interested in negotiating terms when it comes to rates and fees, CreditCardProcessing.com can settle your worries.
They offer all kinds of merchant products possible, but they do have fickle fees and 12-month contracts for some of them unfortunately. However, these items become free as long as you follow the guidelines.
If you tend to have larger transaction volumes, then consider Chase Merchant Services instead, a direct processor that provides more security.
For someone who’s new to the business world and don’t have that high of a transaction volume, then processors like Square can assist you in the journey.
If you are interested in finding out more information about card processors, then check out our Best Credit Card Processing Services to learn about all kinds of different card processors!