UPDATED 3/5/2019: The 1st Americard website is no longer active, and the company appears to have been acquired by a larger entity (possibly iPayment). If you have any knowledge of 1st Americard’s fate or its possible rebranding, please share that information in the comment section below this review.
1st Americard (www.1stamericard.com) is a small merchant account provider that was founded in 1999. Following reports of an owners’ dispute in 2009, it is unclear whether the company is still an independent, fully operational entity. One comment beneath this review claims that 1st Americard sold its entire portfolio to iPayment and only processes merchant cash advances at this point. We are unable to independently verify this report, so we will treat the company as a functioning enterprise for the purposes of this review.
1st Americard is located in Charlotte, North Carolina, at 6100 Fairview Road Suite 300, and is a registered ISO of Wells Fargo Bank, N.A., Walnut Creek, California. Kelly Grainger is the company’s president, while Greg Grainger serves as its CEO.