Aurora Payments Overview
Aurora Payments is a full-service merchant account provider based in Tempe, Arizona. According to their website, Aurora Payments has existed since around 2005, operating most of that time as Applied Merchant Services. AMS was a smaller payment provider that was able to secure large volumes of merchant accounts with their acquisitions of Entrust Bankcard and Bancard Systems, Inc around 2015.
In 2018, Sabin Burrell of BlueSquare Resolutions and Jeff Brodsly of Chosen Payments joined with Brian Goudie (formerly of First Data, which is now Fiserv) to become partners under a new parent company, Aurora Solutions. Bluesquare Solutions had already added large amounts of merchants to their portfolio through prolific acquisitions including Electronic Processing Solutions LLC, Merchant Select Services, Discount Payment Services, e-Pay Commerce, Data One Payment Solutions, Secure Choice Merchant Solutions, ProPoint Card Services, and Diverse Payment Solutions.
Aurora has continued to acquire small to medium-sized payment providers to grow its client portfolio. Since the rebrand, they have acquired Harmony Pay, Altiras, and FMPS, and rebranded Chosen Payments as “an Aurora Company”, but the Chosen Payments brand has been allowed to continue operating for the time being. Aurora boasts that it serves over 23,000 merchant accounts and $8 billion in yearly processing volume.
In 2022, private equity firm Corsair purchased a majority stake in Aurora Payments.
Aurora Payments Payment Processing
Aurora Payments processes most major debit and credit cards for most business types. Their services include POS systems, EMV/PIN card readers, employee and inventory management tools, data reporting and analysis, business funding, cash discounts, gift and loyalty programs, and mobile solutions.
Aurora Payments Location & Ownership
Aurora Payments is a registered ISO and FSP of Wells Fargo Bank, N.A., Concord, CA; Esquire Bank, Jericho, NY; Elavon, Inc., N.A., Atlanta, Georgia; Evolve Bank & Trust, Memphis, TN.; Merrick Bank, South Jordan, UT; and Deutsche Bank AG, New York, NY. Aurora Payments Bank is headquartered at 1095 W Rio Salado Pkwy Ste 104, Tempe, AZ 85281. Brian Goudie is listed as the company’s CEO.
Aurora Payments Review Table of Contents
- Costs & Contract: We have been unable to locate an Aurora Payments contract.
- Complaints & Service: Aurora Payments complaints number few to none on public complaints forums.
- BBB Rating: Aurora Payments has a “C-” rating with the Better Business Bureau and is not accredited. They have 5 complaints over the last 36 months.
- Sales & Marketing: Aurora Payments does not hire independent sales agents and has received a low number of complaints about its sales practices.