Dharma Merchant Services Overview
A Socially Responsible Credit Card Processor
Founded in 2007, Dharma Merchant Services (dharmamerchantservices.com) is a merchant account provider originally based in San Francisco, California but now headquartered in Vancouver, Washington. A certified green eco-friendly business, the company advertises that it donates a percentage of its net profits to non-profit organizations. Dharma Merchant Services is a low-cost payment processing option for the health care industry, including for hospitals, EMS, rehab clinics, walk-in clinics, occupational therapists, speech therapists, and veterinarians.
Location and Ownership
Dharma Merchant Services is a registered Independent Sales Organization (ISO) and MasterCard Member Service Provider (MSP) with Synovus Bank, Columbus, Georgia. The company itself is headquartered at 500 W 8th St Suite 270, Vancouver, Washington 98660. Jeff Marcous is the co-founder and CEO of Dharma Merchant Services.
Featured Products & Services
Dharma Merchant Services has recently partnered with Clover to provide mobile phone processing and tablet-based POS options for merchants. Dharma is offering the Clover Mini station for a purchase price of $499 and a monthly fee of $10, which includes Clover’s PRO software set. The company also resells the flagship Clover POS solution at $1,349 per device, which includes a full cash drawer, built-in fingerprint scanner, and high-speed printer. For mobile EMV payments, Dharma is offering Clover Flex. Dharma’s preferred EMV terminal solution is the FD-130 terminal, which allows EMV processing, Chip-and-PIN acceptance, tip adjustment, and PIN bypass.
Reduced Rates For Restaurants
Dharma also recently lowered its rates for restaurants, bars, and quick-service restaurants. In order to meet the needs of these low-average-ticket businesses, Dharma is now offering a rate of interchange plus 0.15% plus $0.07 to this particular industry type.
Dharma Merchant Services Review Table of Contents
- Costs & Contract: Dharma Merchant Services offers a month-to-month contract with interchange-plus pricing and a $25 account closure fee.
- Complaints & Service: Dharma Merchant Services has received fewer than 10 public complaints.
- BBB Rating: Dharma Merchant Services has an “A+” rating with the Better Business Bureau and has received zero complaints in the past three years.
- Sales & Marketing: Dharma Merchant Services does not hire independent sales agents and has not received any complaints about its sales practices.
- Rates & Fees: How Merchants Got The Best Rates With Dharma Merchant Services
Dharma Merchant Services Statement Analyzer
Find hidden fees, pricing errors, and overcharges in your Dharma Merchant Services merchant account statement. Not with Dharma Merchant Services? That's ok, we can find excessive fees in any statement. In fact, We've found $798,496 in hidden fees in 2019 already! Submit a recent statement to try it out for free!
Our unbiased reviews are supported, in part, by helping you find highly rated merchant accounts. You can learn more here.
Our Opinion of Dharma Merchant Services
An Excellent Option For Most Merchants
According to all available information, Dharma Merchant Services rates as an exemplary merchant services provider. The company appears to offer transparent pricing and excellent customer service, and its eco-friendly and non-profit initiatives are sure to be appealing for many merchants. Merchants are encouraged to read their contracts carefully even when dealing with a highly rated payment processor.
We rely on your feedback about Dharma Merchant Services 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!
About Phillip Parker
Thank you for reading my review. I hope that it has helped you with your research.
My Qualifications
I'm a former credit card processing sales director who left the industry to start my own a small business. From the time that I starting working in the merchant services industry to when I left to write about it, I've been on the pulse of payments for nearly 15 years. It didn't seem fair to keep this insider knowledge to myself, so decided to build this website to help you research which providers to use and how to save money on rates and fees. 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 here. Simply scroll to the top of the page to find the search bar. You can also message me if you need any guidance.
Need help understanding your rates and fees? Submit a recent statement and I'll take a look at it for free.
I would not recommend Dharma Merchant services as they will say anything to get your account and then when you have any customer charge-back issues they immediately begin holding your funds with no notice or snail mail notice so you have no time to respond! They will send you confirmation that your account is good and then continue holding the funds without explanation. They do not care what effect it has on customers or their business! Very deceptive practices STAY AWAY!
This post will help: Best Merchant Accounts for Legal Services
-Phillip
We are very happy with Dharma. The company is easy to work with, it doesn’t demand that we learn how their business works, but rather they accommodate us.
We’re saving lots of money in fees, and I am grateful.
What a mistake. The worst technical support I have ever dealt with.