In this review of Advanced Credit Systems, we take a closer look at the company’s payment processing solutions, including credit card processing, point-of-sale systems, and e-commerce services. We examine their pricing, contract terms, and customer feedback to give you a clear picture of what the company provides. The review also evaluates fee transparency, the quality of customer support, and overall client satisfaction. By the end, you will have a clear understanding of whether Advanced Credit Systems is the right fit for your business’s payment processing needs.
Before You Sign with Advanced Credit Systems: What to Know
We take our role in providing guidance and education regarding the card payment industry very seriously. At our own expense, we have vigorously defended our right to continue expose unethical and predatory practices in the industry, successfully defeating every attempt to silence us. However, fending off frivolous lawsuits is costly. To sustain these efforts, one of the ways we generate revenue is through affiliate partnerships with ethical providers. This means that some of our outgoing links connect business owners to trustworthy, low-cost payment processors, which is what most of our readers seek. We see this revenue channel as a win-win-win for everyone involved. Business owners find good processors, processors get good clients, and we are able to continue to provide a valuable service to the small business community. We also recommend and link to many services that do not compensate us. Our priority is to guide you to the best solutions for your needs, regardless of potential revenue. If you have questions, please feel free to contact us.
All mentions of rate and fee costs are estimations based on publicly available information and client feedback. Actual costs may vary based on a variety of factors unique to your business.
Advanced Credit Systems
Rating
Pros
Transparent rates
Diverse payment solutions
Secure transactions
Flexible contracts
A+ BBB rating
Cons
Potential equipment leasing
Possible cancellation fees
Unclear contract terms
No public pricing
No international services
About Advanced Credit Systems
Advanced Credit Systems is a small, privately owned merchant account provider founded in 1996. The company specializes in providing retail credit card processing and payment gateways through National Payment Processing, Elavon, First Data (now Fiserv), and Authorize.net.
Products & Merchant Services
Payment Processing
Advanced Credit Systems appears to process all major debit and credit cards. Their website is extremely bare-bones, only saying that they “offer credit card processing and software sales for companies of all sizes”.
Customer Reviews & Sentiment
No Public Complaints
At present, we couldn’t find any negative Advanced Credit Systems reviews on typical consumer protection websites, suggesting that the company is likely not involved in any scams or ripoffs. If you have your own Advanced Credit Systems review to contribute, please feel free to share it in the comment section below.
Advanced Credit Systems Lawsuits and Fines
No outstanding class-action lawsuits or FTC complaints have been discovered against 1st Advanced Credit Systems. Dissatisfied clients seeking recourse against the company may consider reporting their concerns to the relevant supervisory organizations.
Advanced Credit System Customer Support Options
While Advanced Credit Systems claims to offer 24/7 customer support to its clients, it’s likely that this support is provided by the company’s backend processors. Businesses exploring their options should refer to customer service reviews for National Payment Processing, Elavon, First Data (Fiserv), and Authorize.net. In the absence of any complaints, it’s assumed that Advanced Credit Systems offers support on par with even the top-rated payment processors for great customer service.
Industry Scores & User Ratings
| PaymentPop | 5 |
|---|---|
| BBB Rating | N/A |
PaymentPop Rating for Advanced Credit Systems
Negative Feedback
There are no negative reviews published about Advanced Credit Systems on the PaymentPop website.
Positive Feedback
Advanced Credit Systems gave us the flexibility we needed to handle both in-person and online payments with ease. Their setup process was smooth, their team walked us through every step, and there were no surprises. It’s been a reliable, well-supported solution for our business.
Advanced Credit Systems BBB Rating
Advanced Credit Systems has an “A+” rating with the Better Business Bureau and is not showing accreditation at this time. The company has had 0 complaints in the past 3 years. Advanced Credit Systems is also not showing any informal reviews on its BBB profile, although it should be noted that these reviews are typically not subject to verification by the BBB.
An “A” Performance
In light of the company’s clear complaint record, we agree with the BBB’s grade at this time. However, readers should note that there are good reasons to be skeptical of the BBB’s grades.
Processing Rates & Fees
Variable Contract Terms
Specific information about Advanced Credit Systems’ standard contract is limited. The company advertises rates as low as 1.49% plus $0.21, with specific AmEx and Discover Card rates disclosed on its website. Given its partnerships with backend processors such as National Payment Processing, Elavon, and First Data (Fiserv), as well as its gateway provider Authorize.net, it’s plausible that Advanced Credit Systems’ contract terms reflect those of these entities. First Data contracts, for instance, may include early termination fees up to $495, while Elavon contracts can have PCI compliance fees up to $59 monthly. Authorize.net typically implements a $25 monthly gateway fee. With varying terms from each provider, careful review of contract details is essential for businesses.
The company’s policy on POS equipment leasing is unclear, but non-cancellable leasing terms through First Data Global Leasing might be included in contracts resold by Advanced Credit Systems. Business owners should consider purchasing equipment to avoid potential leasing pitfalls.
Virtual Terminal and Payment Gateway Pricing
Advanced Credit Systems offers virtual terminal and payment gateway services, utilizing Authorize.Net and Quick Commerce for e-commerce transactions. As a reseller, ACS can modify standard terms, with e-commerce transactions charged at 2.21% plus $0.21 (3.50% + $0.21 for AmEx), and similar rates for mail-order transactions. Additional fees include a $6 monthly payment gateway fee and a $5 monthly statement fee. Other rates and fees, such as gateway fees and technical support fees, may apply.
Potential for Costs or Savings
With multiple backend processors, Advanced Credit Systems’ contracts could vary from highly unfavorable to highly competitive terms. Business owners are encouraged to closely examine contract details and share any specific experiences or insights about Advanced Credit Systems’ standard contracts in the comments section.
For a broader perspective on merchant account options, readers may explore our list of the best merchant accounts.
Employee Reviews & Sales Practices
In-House Sales Team
Advanced Credit Systems appears to market itself primarily through strategic partnerships and traditional advertising. There is no evidence at this time that the company employs independent sales agents, and we are unable to locate any Advanced Credit Systems reviews that accuse the company’s sales team of nondisclosure or misrepresentation of fees.
This compares favorably to our list of best credit card processors.
Incomplete Rate Quotes
The only factor lowering the company’s score in this section is the way it quotes transaction rates on its website. Advanced Credit Systems’ “Retail” page quotes MasterCard/Visa rates as low as 1.49% plus $0.21 per transaction, American Express rates of 3.5% plus $0.21 per transaction, and Discover rates of of 1.69% plus $0.21 per transaction. Its “Internet / Mail Order” page quotes a similar series of rates. The rates shown are likely the company’s “Qualified” rates, while its website makes no mention of the higher “Mid-Qualified” and “Non-Qualified” rates that clients will pay on the majority of their transactions. We consider this type of rate quoting to be deceptive, as it could give clients an unrealistic expectation of the rates they will pay. If you suspect that Advanced Credit Systems has misrepresented your rates, we recommend seeking a third-party statement audit.
Advanced Credit Systems Competitors
Compare Advanced Credit Systems to competitors that earned top marks.
Bottom Line
According to all available information, Advanced Credit Systems (ACS) rates as a reliable credit card processing provider. The company is relatively small and has lacked an active website for extended periods in recent years, so business owners should verify the identity of the company they are engaging with.
One area where ACS could improve its rating is its rate quoting tactics. To secure the most favorable terms, readers are encouraged to compare ACS’s pricing with that of top-rated merchant account providers. This comparison ensures that businesses receive transparent and competitive rates suited to their specific needs.
Read Actual User Reviews
All user reviews have been moved to our partner, PaymentPop.comContact Advanced Credit Systems
| Headquarters | 4200 Castlebridge Ln #1925, Sarasota, Florida 34238 |
|---|---|
| Toll-Free Customer Support | (844) 300-2355 |
