card-payment-options-logo
card-payment-options-logo
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Centurion Payment Services Review

Phillip Parker
Phillip Parker

I was tired of watching unethical merchant services companies take advantage of unsuspecting business owners, so I built this website and wrote hundreds of reviews to expose their shady business practices.

Compare Top 2021 Picks

Compare All Picks

Centurion Payment Services Overview

We take great pride in providing one of the only objective an unbiased merchant account review websites on the internet. To support this enormous responsibility we earn some of our revenue through affiliate fees and advertising. These revenues in no way influence our ratings or reviews. Learn more about our monetization policies here. 

Rating

5/5
Centurion Payment Services Logo
Website
(561) 221-2273

Most Recent Comment

Tell us about your experience with Centurion Payment Services in the comment section below.

See All User Comments

See The Processors That Rock!

Rating:
5/5
Centurion Payment Services Logo
View Rates & Fees
(561) 221-2273

Most Recent Comment

Tell us about your experience with Centurion Payment Services in the comment section below.

Tell us if they rock!

Payment Processing for Standard and High Risk Merchants

Founded in 2012, Centurion Payment Services is a merchant account provider that serves both standard and high risk businesses. Centurion Payment Services prominently advertises its ability to offer CBD merchant accounts as well as credit card processing for kratom, nutraceuticals, travel clubs, multi-level marketing (MLM), credit repair, adult, collections, gaming, fantasy sports, and more.

Centurion Payment Services Location and Ownership

Centurion Payment Services is headquartered at 7800 Congress Ave #206, Boca Raton, Florida 33487, and does not list its acquiring bank. Amit Alcalay is the president of Centurion Payment Services.

Centurion Payment Services Review Table of Contents

  • Costs & Contract: Centurion Payment Services offers variable contract terms according to each business’s type and processing history as well as credit and debit transactions between Visa and MasterCard.
  • Complaints & Service: Centurion Payment Services has received fewer than 10 public complaints.
  • BBB Rating: Centurion Payment Services currently does not have a rating with the Better Business Bureau and has received 0 complaints in the last three years.
  • Sales & Marketing: Centurion Payment Services may hire independent sales agents, but it has not received any complaints about its sales practices.
  • Rates & Fees: How Merchants Got The Best Rates With Centurion Payment Services
did you know click to see list of the best processors
Are you looking for savings?

Centurion Payment Services Rates, Fees, and Costs

Centurion Payment Services Rates, Fees, and Costs

Cost Summary

Visa Debit Swiped Rate 0.80% + $0.15
Visa Debit Keyed-In Rate 1.65% + $0.15
Visa Credit Swiped Rate 1.51% + $0.10
Visa Credit Keyed-In Rate 1.80% + $0.10
MasterCard Debit Swiped Rate 1.05% + $0.15
MasterCard Debit Keyed-In Rate 1.60% + $0.15
MasterCard Credit Swiped Rate 1.58% + $0.10
MasterCard Credit Keyed-In Rate 1.89% + $0.10
CBD Rate 6.95% + $0.30
CBD Monthly Fee $35
Equipment Lease Terms Undisclosed

Variable Contract Terms

Centurion Payment Services dedicates an entire page on its website to its pricing structure. The company lists various rates for debit and credit transactions between Visa and Mastercard.

The company’s swipe rate for Visa debit transactions is advertised as 0.80% plus $0.15 while keyed-in rates for that same method are assessed at a rate of 1.65% plus $0.15. Credit transactions for Visa cards are given a swipe rate of 1.51% plus $0.10 and a keyed-in rate of 1.80% plus $0.10.

The company’s swipe rate for MasterCard debit transactions is advertised as 1.05% plus $0.15 while keyed-in rates for that same method are assessed at a rate of 1.60% plus $0.15. Credit transactions for MasterCard are given a swipe rate of 1.58% plus $0.10 and a keyed-in rate of 1.89% plus $0.10.

Despite listening to these specific rates, as an all-purpose payment processor, it’s likely that the company’s contract terms and interchange-plus markup could vary dramatically depending on each merchant’s business type, location, and processing history. Centurion Payment Services offers free credit card terminal installation, but it is possible that this “free equipment” offer comes with some strings attached. Merchants are advised to purchase their own equipment whenever possible to avoid getting locked into long-term, non-cancellable equipment leases.

High Risk, High Fees

High risk merchants who sign up with Centurion Payment Services should expect to pay higher-than-average fees, and they may also be subject to cash reserves on their accounts. This is standard practice within the industry due to the elevated risk of chargebacks that many high risk merchants pose. High risk merchants can reduce their risk of fund holds and chargebacks by being open and transparent with Centurion Payment Services about their business type and product lineup from the start.

Centurion CBD Pricing

Centurion currently offers CBD merchants a per-transaction fee of 6.95% plus $0.30 and a monthly fee of $35. The company does not charge a setup fee or impose processing limits, and it does not require a cash reserve in many cases. Centurion can serve merchants who sell CBD vape products, but not those who sell CBD flower or pre-rolled products. Centurion’s CBD e-commerce solution is not compatible with Shopify, but it can be used with WooCommerce.

No Red Flags

We cannot find any Centurion Payment Services complaints related to the company’s pricing, and there’s no reason to believe that the company’s merchants are dissatisfied with their pricing at this time. The company’s transparent price structure also gives merchants insight into what fees and rates they can expect and how their business type can affect pricing. It is possible that Centurion Payment Services offers a wide range of potential contract types, so merchants should understand how to spot undesirable terms in their contracts.

some processors rock see them now

Centurion Payment Services BBB Rating Summary

BBB Summary

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

Note: We have adjusted this company’s BBB rating according to our own standards. To better understand why we adjust BBB ratings, please see our Rating Criteria.

Clean Complaint Record

Centurion Payment Services currently does not have a rating from the Better Business Bureau and is not showing BBB accreditation. The company has not received any complaints since its profile was created in 2016. It also has not received any informal reviews to its BBB profile.

An “A” Performance

The BBB is currently withholding a rating because it “has not received a sufficient volume of requests for information” about Centurion Payment Services. Given the fact that the BBB’s profile for Centurion Payment Services has been active since 2016 and has not received any complaints in that time, we have adjusted the BBB’s rating according to our own criteria. Merchants should be aware that there are good reasons to be skeptical of the BBB’s rating system.

man walking into a rake - pick a winner

Truth In Marketing & Advertising

Key Points

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

Inside/Outside Team

Centurion Payment Services appears to rely on an in-house sales team, referral partners, and commission-based sales agents to market its services. Despite the fact that the company may employ independently contracted sales agents, we have not found any Centurion Payment Services sales complaints that mention deceptive conduct or misrepresented fees. We will therefore assume for the time being that the company’s sales approach is transparent and ethical.

No Rate Quotes

Centurion Payment Services does not list any promotional rates or price guarantees on its website. However, the company does advertise on its website that it offers”the lowest rates in credit card processing, 100% guaranteed.” The company does offer interchange-plus pricing, which is the most transparent pricing model available, and it lists many of Visa/Mastercard/Discover’s base interchange rates for visitors to review. Given the fact that we have not found any allegations of misleading rate quotes and that interchange-plus pricing is as transparent as it gets, it appears that the company is generally straightforward about its pricing and fees despite the bold aforementioned claim.

If you suspect that a Centurion Payment Services sales agent has misled you about your rates, you can double-check your monthly bill with a third-party statement audit.

sleep well knowing that you have the lowest fees see the lowest cost providers here

Sales & Marketing Example

Our Opinion Of Centurion Payment Services

Centurion Payment Services Logo

A Solid Option for Most Merchants

Centurion Payment Services rates as a reliable merchant services provider according to our rating criteria. The company enjoys a clean complaint record and is able to serve both standard and high risk merchants. However, merchants should be aware that we have not found detailed information about the company’s pricing and fees. We will continue to monitor the company and update this review as needed. For now, merchants should be sure to compare Centurion Payment Services’ pricing to that offered by other top-rated high risk payment processors.

phillip parker waiving hello
Linkedin
Twitter
Instagram
Reddit
Facebook

Why I'm Qualified to Write About Credit Card Processing

I’m a small business owner who previously worked in the credit card processing industry. I started this blog in 2009 to help other business owners by exposing credit card processors that engage in unethical marketing, rate and fee trickery, and fine-print-contract schemes. Over the last decade, I’ve reviewed hundreds of merchant services providers which has helped to educate over 5 million businesses on the nuances of credit and debit card acceptance. I’ve appeared in the New York Times, Los Angeles Times, Inc. Magazine and a host of other publications to offer insight on the subject of card acceptance. 

I offer merchant account and credit card processing consultation for the following needs:

  • Selecting the right credit card processing services for your business.
  • Reducing credit card processing fees with your current merchant account provider.
  • Negotiating credit card processing fees when changing merchant accounts.
  • Strategies for reducing and recovering funding holds and chargebacks.

 

Schedule a call with me today!

 

see best ranked processors

Leave Your Review For Centurion Payment Services

Subscribe
Notify of
Optional
0 Comments
Inline Feedbacks
View all comments

We'd love to hear your thoughts on Centurion Payment Services

Post a Review Now
Copyright

Copyright © CardPaymentOptions.com, Inc. (Digital Fingerprint: 0d38c6720f0d78a701b74d58653af608). Getting paid to re-write this page? Click here to earn a reward.

Any unauthorized copying and reproduction of the content of this page, including all meta data and computer code, is strictly prohibited. While the information in the above article is believed to be accurate as of its publish date, the author and publisher make no representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents. The author and publisher shall in no event be held liable to any party for any direct, indirect, punitive, special, incidental or other consequential damages arising directly or indirectly from any use of this material, which is provided “as is,” and without warranties. Any and all use of trade names and/or marks are for identification purposes only and shall not be construed as a claim of affiliation, or otherwise, with CardPaymentOptions.com, Inc. ("CPO") in any form. The sole purpose of the material presented herein is to alert, educate, and inform readers. It is not intended as legal or financial advice. We may earn revenue if you obtain services from a provider that we recommend. See this page to learn how we support our operations.

Our Top Pick For 2020
O% Markup + $0.08 per transaction, month-to-month, no contract, no PCI Compliance fees, no batch fees, no statement fees, no downgrade fees, no junk fees of any kind.
See Who It Is
Don't Guess
We've Vetted The Best
No commitment, low fees, and great support.
It's a no-brainer from our viewpoint.
See Who It Is
Previous
Next
Facebook
Instagram
Twitter
Linkedin
Reddit
© Copyright 2009 - 2020 CardPaymentOptions.com, Inc. All Rights Reserved.
0
Would love your thoughts, please comment.x
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
phillip says easy peasy

Make it simple
Pick from the best

See Them Now

This website uses cookies to ensure you get the best experience. No personal information is collected unless you fill out a form and submit it or call a number listed on one of our pages. We never share or sell your information without your consent. If you do not wish to proceed, please exit the website at this time.

Accept & CLose