Linked to Several Low-Rated Merchant Account Providers
Eliot Management Group is a mid-size merchant account provider based in Fort Worth, Texas, that appears to have opened its doors in 1999. Eliot Management Group is an ISO/MSP of Fifth Third Bank and may be under the same ownership as, or have ties to, Appstar Financial, Apex Merchant Group, Trans Tech Merchant Group, Summit Merchant Solutions, First American Payment Systems, and Certified Payment Processing, as suggested in several merchant reports. Although no public information exists to verify these claims, most of the mentioned companies share very similar complaints and contract details.
Eliot Management Group Location and Ownership
Eliot Management Group now lists its headquarters at 1100 E 6600 S Ste 425, Murray, UT according to the Better Business Bureau. They maintain their original office at 101 Summit Ave. #914, Ft. Worth, Texas 76102 along with 8 other listed offices.
Though public information is sparse, Eliot Management Group is reported to be one of many subsidiaries of First American Payment Systems. Both companies share similar complaints and heavy ties to Fort Worth, Texas and Murray, Utah. Though no public address for First American Payment Systems exists in Murray, Utah, there are numerous job postings for First American Payment Systems advertised for the Murray area.
Eliot Management Group Review Table of Contents
- Costs & Contract: Eliot Management Group appears to offer a three-year contract with an early termination fee of $495. The company also partners with Northern Leasing Systems for its equipment leases
- Complaints & Service: Eliot Management Group has received more than 225 public complaints.
- BBB Rating: Eliot Management Group currently has an “A+” rating and has received 49 complaints and 26 reviews in the last 3 years. The company has been accredited by the Better Business Bureau since 2015.
- Sales & Marketing: Eliot Management Group hires independent sales representatives and it has received a high number of complaints about its sales practices.
- Rates & Fees: How Merchants Got The Best Rates With Eliot Management Group