Connected.co Contract Terms
Currently, specific details about Connected.co’s standard contract are not publicly disclosed. The company appears to tailor its pricing and contract terms to the unique needs of each merchant, factoring in business type, geographic location, and transaction history. Given Connected.co’s diverse clientele, it’s possible that equipment leasing options might be offered to meet specific operational requirements.
High Risk, High Fees
Operating within high-risk sectors often entails higher rates and stringent contract terms due to the elevated risk of chargebacks. Additionally, Connected.co may implement cash reserves as a protective measure against fraud. Merchants affiliated with high-risk industries should anticipate more rigorous contract stipulations with Connected.co.
No Red Flags
The lack of complaints regarding Connected.co’s contract terms leads to an “A” rating in this area, although this assessment is made without direct access to specific contract details. While Connected.co caters to high-risk merchants, its pricing structure may not match the affordability of the most cost-effective merchant accounts in the market.
Business owners in search of competitive merchant services should consider our curated list of the best merchant accounts.