Change Merchant Solutions Review: Fees, Complaints, & Lawsuits

Change Merchant Solutions Logo
full star full star full star full star full star

How did they treat you? ▼

Note: As of 2021, Change Merchant Solutions was acquired by Fortis. As such, all parts of CMS have been absorbed and rebranded, so we will no longer be updating this profile.

Founded in 2006

Change Merchant Solutions is a merchant account provider headquartered in Westlake Village, California. Established in 2006, the company currently acts as the exclusive processing partner of national credit assessor Dun & Bradstreet and online wine retail platform WineDirect.

Change Merchant Solutions Location and Ownership

Change Merchant Solutions is a reseller of Paysafe, Cayan, and PowerPay; it is a registered ISO/MSP of Woodforest National Bank, The Woodlands, TX.. The company is headquartered at 2575 Northlake Cir, Westlake Village, California 91361, and Jeff Cole is listed as the president of Change Merchant Solutions.

Change Merchant Solutions Review Table of Contents

  • Costs & Contract: Change Merchant Solutions advertises interchange-plus pricing with no early termination fees.
  • Complaints & Service: Change Merchant Solutions complaints number few to none on public complaints forums.
  • BBB Rating: Change Merchant Solutions has an “A+” rating and has received 0 complaints and 0 reviews in the past 3 years. The company has been accredited by the Better Business Bureau since 2015.
  • Sales & Marketing: Change Merchant Solutions does not appear to hire independently contracted sales agents and has not received any complaints about its sales team.

Change Merchant Solutions Customer Reviews

Here's What Their Clients Say

Customer Reviews Summary
Total Online Complaints <10
Live Customer Support Yes
Most Common Complaint N/A

Clean Complaint Record

We are currently unable to locate even one Change Merchant Solutions complaint, which is a sign that the company is not a ripoff or a scam. In fact, there are 0 total reviews of the company, positive or negative, across all consumer protection websites at this time. This is a bit strange for a company that has been operating since 2006, but we will assume for now that the majority of the company’s merchants are satisfied with the service they receive.

Change Merchant Solutions Lawsuits and Fines

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

Change Merchant Solutions Customer Service Options

Change Merchant Solutions advertises 24/7/365 phone support, which is likely supplied by its backend processor. We will assign the company an “A” in this category, but it is not considered to be a top credit card processor for great customer service.

Change Merchant Solutions Online Ratings

Here's How They Rate Online

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

No BBB Complaints

Change Merchant Solutions has been accredited with the Better Business Bureau since April 2015 and currently maintains an “A+” rating. The company has received 0 complaints in the past 36 months.

What Merchants Say

It has also received 0 informal positive reviews on its BBB profile in the last 36 months, but it should be noted that these reviews are not subject to verification by the BBB. Prior to that period we documented 5 positive reviews. The most recent review from that period conveyed the quality of the company’s customer service:

Great customer service, fast help, and reliable processing. Low rates, and intuitive back end reporting. worth the switch.

Great customer service is a benchmark of a top merchant account provider and should be considered by and business before signing into a contract.

An “A” Performance Overall

Given the company’s clean complaint record with the BBB, we agree with its rating. However, merchants should be aware that there are reasons to be skeptical of the BBB’s reviews.

Change Merchant Solutions Fees, Rates & Costs

A Closer Look at The Contract

Cost & Fees Summary
Swiped Rate Interchange-Plus
Keyed-in Rate Interchange-Plus
Monthly Statement Fee $10
Early Termination Fee None
PCI Compliance Fee Undisclosed
Equipment Lease Terms Undisclosed

Change Merchant Solutions Contract Terms

There is very little publicly available information about the standard Change Merchant Solutions contract at this time. The company advertises interchange-plus pricing with a $10 monthly statement fee, a free terminal, and no early termination fees or setup fees. Although these terms are generally favorable, the specific language of the company’s contract may include other fees or undisclosed costs. It is also likely that the company’s “free terminal” is provided under the condition that a merchant processes with the company for a minimum period of time.

No Contract Complaints

Given the company’s advertised terms and the complete lack of Change Merchant Solutions complaints related to its contract terms, we have assigned it an “A” rating for the time being. Change Merchant Solutions’ terms, however, are not competitive with the cheapest merchant accounts. If you have any specific knowledge of the Change Merchant Solutions contract (including any PCI compliance fees or monthly minimum fees), please share that information in the comment section below this review.

We also encourage merchants to check out our list of the providers of the best merchant accounts.

Change Merchant Solutions Employee Reviews & Sales Tacitcs

Should You Work For Them?

Jobs & Marketing Summary
Employs Independent Resellers No
Advertises Deceptive Rates No
Discloses All Important Terms No

No Sales Complaints

Change Merchant Solutions appears to market its services through traditional advertising and strategic partnerships. We are unable to verify at this time whether the company hires independent sales agents, but we have found no Change Merchant Solutions complaints that describe deception by the company’s sales team.

This compares favorably to our list of best credit card processors.

Still, if you suspect that Change Merchant Solutions is charging you undisclosed fees, we recommend seeking a third-party statement audit to find and eliminate hidden charges.

No Misleading Rate Quotes

Change Merchant Solutions actively promotes interchange-plus pricing, which is the most transparent pricing model available, but it does not disclose its exact markup in its official materials. In general, we cannot find any evidence that Change engages in unethical sales tactics. We have therefore assigned the company an “A” rating in this section.

Our Change Merchant Solutions Review Summary

Our Final Thoughts

A Solid Payment Processor

Change Merchant Solutions rates as a reliable merchant services provider according to our rating criteria. The company currently has a clean complaint record across all consumer protection forums, but there are very few details available about its contract terms or sales practices at this time. Even when dealing with highly rated providers, merchants are encouraged to read their contracts carefully to ensure that they understand all pricing and lease terms; we urge merchants to compare the company’s terms to those of top-rated processors.

If you found this article helpful, please share it!

Which is Most Important for You?

If you had to pick one, which quality would you say will be the most important with your next credit card processor? Tap or click your selection to register your vote:

  1. Low Transaction Fees
  2. No Monthly Fees
  3. No Contract
  4. Reliable Customer Support
  5. Quick Signup

Testimonials & Complaints

How Did Change Merchant Solutions Treat You?

Tell Us How They Treated You

Sharing your experience influences our rating and helps other business owners make informed decisions. Please take a moment to tell us if they are serving you well. Your email address will never be published, shared or sold. We only use it to authenticate that you are a real person and, if you select the option for it, to let you know if someone replies to your comment. Required fields are marked *

Comments must contain details about your experience. Please do not use ALL CAPS. Self-promotion, marketing content, or contact information of any kind will not be published. By submitting a comment, you are agreeing to our Comment Policy


Copyright © 2024, 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, 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.