AMP Payment Systems Review

AMP Payment Systems Overview

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A DBA of Several Low-Rated Providers

Launched in 2017, AMP Payment Systems is a merchant account provider that serves most standard-risk business types. AMP Payment Systems does not disclose the identities of its ownership or management team, but we have found strong evidence to suggest that the company is yet another business name launched by the management team behind Eschelon Merchant Services, EMV Payment Systems, and Smart Card Merchant Services. Eschelon and Smart Card both have “D” ratings from CPO, making them two of the worst-rated merchant account providers on our site.

Possible Aliases

In addition to the names listed above, AMP Payment Systems is also registered in the state of Arizona by “Covington Ridge Financial, LLC” and has used “Covington Ridge Financial” and “Covington Financial” in some of its official materials. The company “VS Card Services” is listed at the company’s headquartered address. It has also registered the domain name “,” and we have seen company representatives refer to this name in some of its official materials. One merchant reports that the company identified itself as “The Interchange Provider” in a sales call. Merchants should be prepared for the possibility that the company may launch additional brands or contact them using names other than the ones we have found.

Headquartered in Phoenix

AMP Payment Systems is a registered ISO/MSP of Fifth Third Bank. The company does not list its address on its website, but the Better Business Bureau states that AMP Payment Systems is located at 7000 N 16th 120 Phoenix, Arizona 85020. This address is also the address of a UPS Store that AMP Payment Systems could be using as a forwarding address. In fact, we have found multiple AMP Payment Systems job listings that give 3320 W Cheryl Dr, Phoenix, Arizona 85051 as the company’s actual address. This address is the address of record for Eschelon Financial Group and is also the address given on the Smart Card Merchant Services Better Business Bureau profile. Shanan Mohatt is the senior vice president of sales at AMP Payment Systems, while Jovita Robertson serves as the director of operations at Covington Financial and Smart Card Merchant Services.

AMP Payment Systems Review Table of Contents

  • Costs & Contract: AMP Payment Systems offers a multi-year contract with a $375 early termination fee and a long-term equipment lease.
  • Complaints & Service: AMP Payment Systems has received more than 10 public complaints.
  • BBB Rating: AMP Payment Systems currently has a “B+” rating with the Better Business Bureau and has received 3 complaints and 29 reviews in the last 3 years.
  • Sales & Marketing: AMP Payment Systems hires independent sales agents and has received a handful of complaints about its sales practices.
  • Rates & Fees: How Merchants Got The Best Rates With AMP Payment Systems
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Products & Services Offered

Types of Businesses Served

  • Retail
  • Mobile
  • E-commerce

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AMP Payment Systems Rates, Fees, and Costs

Key Points

Swiped Rate 1.00% - 4.99%
Keyed-In Rate 1.00% - 4.99%
Early Termination Fee $375
Equipment Lease Cost $78 Per Month
Equipment Lease Terms 48 Month (locked)

Long-Term Contracts

AMP Payment Systems does not disclose any details of its pricing on its website, and merchants have not filed public complaints that specifically mention many of its transaction fees, PCI Compliance fees, monthly minimums, or other fees. The only reports we have found suggest that the standard AMP Payment Systems contract is a multi-year agreement with an early termination fee of $375 and a non-cancellable, four-year equipment lease through a third-party provider.

Beware Equipment Leases

Smart Card Merchant Services is known to package its merchant accounts with equipment leases through First Data Global Leasing, and we have seen reports indicating that AMP may be selling similar agreements to merchants. First Data Global Leasing is notorious for providing long-term, non-cancellable, expensive equipment leases. These leases often generate more complaints than the merchant accounts than they are originally sold with.

No Sign of Savings

We have no reason to believe that AMP Payment Systems offers more competitive contract terms than the “D” rated terms provided by Eschelon Merchant Services or Smart Card Merchant Services. The company’s use of third-party equipment leases makes it impossible for us to recommend it, especially in combination with merchant reports of insufficient sales disclosure. Merchants are more likely to receive significant savings through a cheap merchant account provider.

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Response from AMP Payment Systems

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AMP Payment Systems Complaints & Customer Reviews

Key Points

Total Online Complaints 10+
Live Customer Support Yes
Most Common Complaint Sales Tactics

Moderate Complaint Volume

We are currently able to locate more than 10 negative AMP Payment Systems reviews, some of which accuse the company of being a ripoff or a scam. Common complaints include undisclosed fees, improperly advertised equipment leases, telemarketing, unreachable customer service, and a poor work environment for the company’s employees. This complaint total is moderate-to-high for a company that is less than two years old, and it doesn’t even include a much larger number of Eschelon Merchant Services, EMV Payment Systems, and Smart Card Merchant Services complaints that could potentially be connected to AMP Payment Systems staff members.

AMP Payment Systems Lawsuits

We have not found any outstanding class-action lawsuits or FTC complaints filed against AMP Payment Systems. Dissatisfied merchants who wish to pursue a non-litigious course of action against the company should consider reporting it to the relevant supervisory organizations.

AMP Payment Systems Customer Support Options

AMP Payment Systems offers phone support and also sends merchants to merchant for online complaint resolution. Some complaints state that these channels are slow to respond. It is also AMP’s official policy to discourage merchants from contacting their sales agents for customer support after their accounts have been activated. Merchants should expect that they will be unable to reach their sales agents once they begin to accept payments through AMP Payment Systems and that this is by design. In our view, this disqualified the company from being considered a top merchant account for customer service.

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AMP Payment Systems BBB Rating Summary

Key Points - BBB

Product & Service Complaints 3
Billing & Collection Complaints 0
Advertising & Sales Complaints 0
Guarantee & Warranty Complaints 0
Delivery Complaints 0

Under 5 Complaints

AMP Payment Systems currently has a “B+-” rating with the Better Business Bureau and is not BBB-accredited. The company has received 3 complaints in the 36 months, as well as 2 which were closed in the last 12 months. All 3 complaints were related to a product or service problem. AMP Payment Systems resolved 1 complaint. However, 1 complaint did not achieve a satisfactory resolution for the merchant. The 1 remaining complaint was answered but did not receive a final response from the merchant.

What Merchants Say

AMP Payment Systems has also received 29 informal reviews from merchants, 20 of which were positive in tone and 9 of which were negative in tone. Suspiciously, the 18 complaints are a marked increase from the 9 which were present at the time of our last review. In the interregnum between our updates, a slew of positive reviews have saturated the company’s profile, leaving reason to doubt their authenticity. The most recent negative informal review describes telemarketing tactics:

This is just a bunch of scam robocallers. Like the other one star below, AMP, which is just a dba for the LLC in AZ, is a telemarketing operation. Bad company.

Constant sales calls can be stressful and detrimental to a company’s productivity and thus their business. Merchants facing a situation like that which is described in this review should become aware of how to shut down sales calls.

A “D” Performance Overall

Considering the fact that AMP Payment Systems received a BBB complaint in under six months of having a profile and did not reply to it at all, we agree with the BBB’s rating at this time.

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Truth In Marketing & Advertising

Key Points

Employs Independent Resellers Yes
Advertises Deceptive Rates No
Discloses All Important Terms No

Telemarketing and Outside Sales

AMP Payment Systems primarily markets its services through a combination of in-house appointment setters and independently contracted sales agents. This sales approach is also the standard at Eschelon and Smart Card, and it tends to generate a high number of complaints due to the lack of sufficient training and oversight for agents. AMP Payment Systems appears to be no exception, as we are able to locate a handful of AMP Payment Systems complaints that describe excessive telephone calls, aggressive in-person sales tactics, unprofessional conduct, and misrepresentation of rates and fees. Some employees of the company also complain about low-quality leads, insufficient training, and high employee turnover.

“Slamming” Concerns

Some merchants have accused Smart Card Merchant Services of tactics that closely resemble “slamming” scams, in which a Smart Card Merchant Services agent will call and claim to be with “Merchant Services” in order to persuade a merchant to purchase unnecessary new equipment. This is supported by a comment that was mistakenly posted in the comment section below our CardSmart Merchant Services review:

Smart Card Merchant Services cold called me and said our business rating had changed and wanted to know whether I wanted to accept an upgrade to our account for better credit card processing fees.

The telesales agent made it seem like we had a relationship with them, but when I asked they said we did not. I asked them to put the upgrade offer in writing but she said she could not, but could schedule an in-person interview. We scheduled a date and time and I asked her to send email confirmation, but it never appeared. Strike 1.

On the date in question, I called the number on the website and reached someone who confirmed there was an appointment and they had my email address wrong. So obviously they don’t know much about my business, and when I said it was a cold sales call, they insisted it was not since they knew our credit rating had improved.

I told her I would be a little late for the meeting since it wasn’t confirmed. I was five minutes late – the rep was 45 minutes late. Strike 2.

During the meeting, the rep would not put anything in writing and proceeded with a number of hard sell / hard close sales gambits. He was vague about details and said I have to commit, they only review accounts once a year and I have to decide now. I told him I needed to talk to my partners and he continued to try to close the sale.

He finally wrote some things on his business card with a *not guaranteed* on it. He said he was not selling me, but rather his goal was to screen me out.

I called the next day and told him we were interested and whether he could send me the contract so we can review the terms and sign. He told me he can only meet in person. Since my partner is in another state, I told him we would be happy to do that but he would have to fly across the country. He said he can’t do that. Strike 3.

We decided the sales process and business practices are too sketchy for us to engage with them. They promise great rates, but won’t put anything in writing and keep saying “it depends”.

While we have not done business with them, they managed to waste a lot of my time and proved to be incompetent with sketchy business practices at best. At least as far as we are concerned, they are out.

It’s strange they behave so unprofessionally. We are currently paying sky-high rates for credit card processing and it appears they can save us a lot of money. But we can’t risk a core part of our business dealing with a vendor who:
1) Has deceptive sales techniques
2) Insists on meeting in person and is 45 minutes late
3) Won’t send a contract to review

If Smart Card Merchant Services uses this tactic, then it is possible that some AMP Payment Systems employees will also use this approach. One of the company’s alternate business names, “,” seems perfectly designed for sales agents to claim that they are with “merchant support.” In addition, we have seen a complaint stating that an AMP Payment Systems agent claimed to represent “The Interchange Provider,” which is similarly vague.

Too Many Red Flags

It is our belief that AMP Payment Systems was created to give Eschelon Financial Group a clean alias for the company to continue using the same sales tactics that merchants have complained about from its other brands. We have seen no indication that AMP Payment Systems’s approach differs in any significant way from the conduct of its partner businesses, and we have accordingly assigned it the same “D” in this section that the other companies receive. Merchants are encouraged to review all documentation with extreme caution and to be on the lookout for incomplete rate disclosures, hidden fees, and undisclosed equipment leasing agreements. If you suspect that AMP Payment Systems is charging you undisclosed fees, we recommend seeking an independent statement audit that can eliminate hidden fees from your monthly statement.

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Response from AMP Payment Systems

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AMP Payment Systems Marketing Example

AMP Payment Systems Logo

Our Opinion of AMP Payment Systems

Same Problems, New Name

AMP Payment Systems rates as a subpar merchant services provider according to our rating criteria. The company appears to have gone to great lengths to conceal its connections to Eschelon Financial Group, but merchant complaints have already revealed that its practices are essentially identical to its fellow “D” rated companies. We will continue to monitor merchant feedback and raise or lower the company’s rating accordingly, but we would advise merchants to contact a top-rated merchant account provider if they are interested in low costs and quality customer service.

We rely on your feedback about AMP Payment Systems to keep this review accurate and up-to-date. Please take a minute to tell us about your experience. We and the small business owners of this world thank you!

Thank you for reading my review. I hope that it has helped you with your research.

Why I'm Qualified to Write About Credit Card Processing and Merchant Account Services

I'm a former credit card processing sales director who left the industry because I didn't like how it takes advantage of small business owners. It feeds like a leech on businesses and thrives by imposing fees that are nearly impossible to comprehend. Seeing a need for change, I left and built this website help business owners better understand the industry, research merchant services providers, and get refunds of excessive merchant account fees. My experience of working "behind the curtain" in the industry, and using that knowledge for good, has resulted in millions of dollars returned to hard-working small business owners as well as enterprise-level companies.

From the time that I starting working in the merchant services industry to when I left to create this website, I've been on the pulse of payments for nearly 15 years. It didn't seem fair to keep this "insider" knowledge to myself. To lift the fog, I've reviewed hundreds of companies, read thousands of user reviews, and learned the pricing tricks of every provider. If you have questions about credit card processing, you can find the answers on this website.

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12 Reviews Leave Your Review for AMP Payment Systems Below

  1. Brian J says:

    This company is repeatedly calling my company even after multiple requests for them to never call again. I am reporting them to better business bureau. Horrific people.

    This post will help: How to Report Bad Credit Card Processors


  2. michelle falok says:

    This the worst company anyone can work for or even use their products.. They sale you the leases then lock you in a contract for over 6 years. and if you miss a payment then you will have to pay them.. do not i repeat do not use them for your processor. I’ve had very bad experiences with them when I worked their and also, when I had my brothers company sign up with them. WARNING DO NOT USE THEM DO NOT WORK FOR THEM EITHER

    This post will help: Cancelling a Merchant Account Without Paying a Fee


  3. Hugo Robles says:

    An AMP employee programmed an AMP terminal that was provided to me (KickAZ Cycles). This AMP terminal was erroneously programmed by an AMP employee to send my (KickAZ Cycles) money to another person’s account (Harold). AMP freely admits this error in programming and fully recognizes and acknowledges the amounts, where and to whom AMP/Vantiv sent money/property belonging to me (KickAZ Cycles). Furthermore, AMP refuses to immediately return my (KickAZ Cycles) money/property pending further investigation. Although AMP/Vantiv already knows the cause, amount and location of property that AMP improperly gave to someone else, AMP will not immediately return said property?

    This post will help: How to Report Bad Credit Card Processors


  4. Joel Bessire says:

    AMP Payment systems promised me I’d get bankers rates and only have to pay 1.51% processing fee or .05% debit fee with a transaction fee of 10 cents per transaction and an additional $20 fee instead of all of those pesky transaction fees I am normally encumbered with. I would also have to lease my equipment (can’t purchase it). Well, I fell for it hook, line and sinker. I figured I would save about 50% from what I was being charged even with having to rent the equipment. Instead I was paying over double from what I was paying plus the $78 for the equipment rent. I then cancelled, they told me I would have to pay an additional $375 to cancel even though they lied to me (I kept the notes the salesman was telling me of the savings). I tried to get AMP management to do what they promised they didn’t so I cancelled. Then the credit card leasing company told me I had a non cancellable lease. I am now in the process of complaining to the attorney general and am going to small claims court to try and get this resolved. What a nightmare. Whatever happened to companies that did what they told you they would do? This is a very unethical company that puts their hooks into you so they can keep collecting money even after they have been fired. Buyer beware.

    From The Editor
    This Post Might Help: Cancelling a Merchant Account Without Paying a Fee

  5. Ryan Lee says:

    These people are extremely rude and unprofessional. They speak to you as if you’re the most uneducated person on Earth. Not to mention if you try to talk, they will cut you off and not even bother to listen to you. They also insulted our staff in saying they do not know how to relay a message to us, which is inaccurate. DO NOT DO BUSINESS WITH THESE PEOPLE!

    From The Editor
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  6. I received several aggressive sales calls during a busy day at my business. They said they would be able to cut my rates in half, even though I am paying approximately $400 through Fidelity, a legitimate company. Savings are always nice, but when the AMP Payment sales rep. showed up to meet with me today I asked what his BBB rating was. He said he had no idea and to “look it up on the website.” I was surprised at that response. I asked him how long he has been in sales. He said a “long time.” I said I have been as well, and I always have answers for my prospective clients so they don’t have to ask. He shrugged his shoulders, and offered to call corporate. I said no thanks. I then read him some reviews from the BBB website, and he again said “let’s just call corporate.” I said let’s conclude this meeting, and I will call corporate myself. About 10 min. after he left, I received a call from the “scheduling manager.” I explained all of their negative reviews online, and she got very aggressive and disrespectful toward me. This company is not the type of business I would work with on any level. Avoid them. Save yourself a huge headache.

    From The Editor
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  7. jacob Smith says:

    I have been working with AMP Payment Systems for the past 3 years. At first of course I was a little hesitant but decided to give them the benefit of the doubt because this industry is horrible. I have had nothing but good things happen. The sales rep checks up with me once a week or once every two weeks. The Customer support is extremely professional and help you with anything you need. I WOULD DEFINITELY RECOMMEND THIS COMPANY

    1. Phillip says:

      Hi Jacob,

      Please reply to this comment with your business name and location in order to authenticate your testimonial. Thanks!

      1. JACOB SMITH says:

        Just curious why my review is being questioned. I don’t have to disclose any information. But on the other note I have seen bad reviews and positive reviews on your website that you haven’t questioned them and what their business name is and where they are located.

        1. Phillip says:

          Hi Jacob,

          We request authentication for all unverified positive testimonials on this website. Our rationale is outlined in our Testimonial Policy. If you have found unverified positive testimonials on CPO for which we did not request authentication from the commenter, please reply to this comment with their location.

  8. Steve Fox says:

    I have over the past three weeks received not less than 4 telemarketing calls from theses people A-HOLES.
    The “pitch” goes something like this:\
    Hi this is “who cares” from “Merchant Services” calling to tell you that there has been a “CHANGE” to your merchant account. Me: Okay… Him: Yes due to your low denial and charge back history and rating you qualify for…… blah, blah, blah.

    I have to literally yell at the last telemarketer to get him to listen to me when suddenly another guy, the TRAINER of the guy who initially called , telling him he was doing a great job. The “trainer” then began the same “pitch” again. Saying that since I had ‘minimal’ charge-backs I qualified for a “special” … blah, blah, blah.

    So after I let the “pro” try his sales tactics on me I asked him this very important question:
    “How can I have changes to my merchant account if, in the 28 years that I’ve been in business, I HAVE NEVER HAD A MERCHANT ACCOUNT?!!!????!!!
    He answered me with a “Yes or NO” question and “DEMANDED” I answer but I just kept repeating: How can there me changes on MY merchant account if I’ve never had one” It became a shouting match. Lol

    I told him he was a liar and this is an obvious fraud with a very slimy sales pitch. The guy started trying to talk over me again so I escalated my tone and voice volume to match him till he hung up. Lol

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  9. Kevin J. Hough says:

    Very misleading sales pitch, to the point of inappropriateness. Very arrogant,condescending, offensive and even irritated when we declined their services. I filed a compliant with the Texas Attorney Generals Office. This is at the 3rd time I crossed paths with these people

    I would extra to keep from using these creepy guys

    From The Editor
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