FreedomPay Reviews & Complaints

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How did they treat you? ▼

A Full-Service Merchant Account Provider

Founded in 2000, FreedomPay is a merchant account provider that specializes in P2PE-enabled payment processing technology. The company is partnered with Bank of America, Heartland, Chase, Vantiv, Elavon, First Data (now Fiserv), Global Payments, Mercury, WorldPay, and TSYS for its payment processing, and it is specifically focused on serving contract food services, financial services, gaming, higher education, hospitality, and retail industries. In 2022, FreedomPay announced a number of partnerships, including with Prommt for branded payments, Virdee for contactless pay, and Euronet Worldwide Inc.

FreedomPay Payment Processing

FreedomPay processes all major debit and credit cards for most business types. They are not very clear about the specifics of their services on their website, but it appears they are at least capable of large-scale processing as they claim to process “the majority of transactions in Las Vegas”.

FreedomPay payment processing
FreedomPay appears to offer standard payment processing services

FreedomPay Customer Reviews

Here's What Their Clients Say

Customer Reviews Summary
Total Online Complaints <10
Live Customer Support No
Most Common Complaint N/A

No Public Complaints

Our search did not reveal any significant FreedomPay reviews suggesting the company is a ripoff or a scam. This could imply that FreedomPay is dedicated to providing effective customer support. If you have experiences or FreedomPay customer reviews to share, please contribute them in the comments below.

FreedomPay Lawsuits and Fines

FreedomPay is involved in a 2019 lawsuit filed by Canters Deli Las Vegas, LLC, concerning an alleged breach of contract related to service transition. For merchants preferring non-litigious resolutions, consider reporting issues to relevant supervisory organizations.

FreedomPay Customer Service Options

The FreedomPay website provides an email contact form for customer inquiries, though it lacks a specified customer support hotline. This might be a consideration for customers requiring immediate or direct assistance.

FreedomPay customer service options include:

  • (888) 495-2446 – Toll-Free Technical Support
  • Various online support forms and a live chat feature on the website

We assign FreedomPay an “A” rating for customer service, yet for it to be categorized among the leading customer service processors, an expansion of its support offerings may be beneficial. Incorporating key phrases such as ‘FreedomPay complaints’ and ‘FreedomPay review’ is vital for SEO, helping potential clients to discover and assess the company’s customer service quality.

FreedomPay Online Ratings

Here's How They Rate Online

Online Ratings Summary
Total Complaints 3
Resolved Complaints 3

No Complaints

FreedomPay has an “A+” rating with the Better Business Bureau and is not BBB accredited. The company has received 3 complaints in the past 3 years. All 3 complaints were resolved to the satisfaction of the merchant.

What Merchants Say

FreedomPay has also received 1 informal negative review. The review describes issues with equipment and poor customer service:

their kiosks are defective. I added money to the machine to fund my card for food purchases. Made two purchases after the money was loaded onto my card. upon returning for lunch to make another food purchase on the same day i was informed I have a negative balance and the money that was added to the card is gone. did a bit more research and it turns out the money was removed from the card balance 3 minutes after the money was loaded into the machine. was informed from freedom pay, the cash was ejected minutes after i added it to the machine. No one seems to want to take responsibility for the mechanical error stating i need to contact the restaurant who in turn informs me there’s nothing they can do. I question the companies kiosks reliability to not eject cash minutes after inserting into the machine leaving it for the passerby to take.

The company has responded to the complaint explaining what measures were taken to resolve the issue.

An “A” Performance

Given the company’s relatively clean complaint record and responsiveness, we agree with the BBB’s rating at this time. Merchants should note, however, that there are good reasons to be skeptical of the BBB’s rating system.

FreedomPay Fees, Rates & Costs

A Closer Look at The Contract

Cost & Fees Summary
Swiped Rate 1.00% - 4.99%
Keyed-In Rate 1.00% - 4.99%
Early Termination Fee Variable
PCI Compliance Fee Variable
Equipment Lease Terms Variable

FreedomPay Contract Terms

There is no publicly available information about the standard FreedomPay contract at this time. It is likely that the company customizes its pricing and terms according to each merchant’s business type, location, and processing history. The company’s wide range of preferred merchant types means that it could offer long-term equipment leases for certain merchants’ needs. We encourage merchants to check out our list of the providers of the best merchant services.

No Red Flags

The total absence of FreedomPay complaints about the company’s contract terms merits an “A” in this category, but it should be noted that we are assigning this grade without any verified knowledge of specific pricing. It is difficult to assess at this time whether FreedomPay’s contract terms are competitive with the cheapest merchant accounts.

FreedomPay 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

Inside Sales Team

FreedomPay appears to rely on in-house staff to market its services. There is no evidence at this time indicating that the company employs independent sales agents, and we are unable to locate any FreedomPay reviews that report unethical behavior by the company’s sales team. This compares favorably to our list of best credit card processors.

No Misleading Quotes

FreedomPay does not appear to engage in any deceptive advertising strategies in its official materials. If you suspect that you are being charged undisclosed FreedomPay fees, we recommend seeking a third-party statement audit to eliminate hidden charges.

Our FreedomPay Review Summary

Our Final Thoughts

FreedomPay is recognized as a dependable merchant services provider based on current information. The company primarily specializes in offering supplementary software for payment processing, and its clean complaint record is a reassuring indicator of quality service. Even with companies rated highly by our standards, we encourage merchants to thoroughly scrutinize any contract terms presented. Compare these terms and pricing against those of top-rated merchant account providers to ensure you’re getting the most advantageous deal. A careful review will help safeguard your business against unexpected challenges and ensure that your chosen provider meets your specific financial needs and objectives.

Location & Ownership

FreedomPay is headquartered at 2929 Walnut St Floor 14, Philadelphia, Pennsylvania 19104, and does not list its acquiring bank. Tom Durovsik is the founder and CEO of FreedomPay.

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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 FreedomPay Treat You?

1 User Reviews

  • Chase Ethel

    I am thrilled to share my incredible experience with FreedomPay! As a business owner, managing payments can be a headache, but FreedomPay has been a game-changer. Their seamless and secure payment processing system has simplified transactions, making our customers’ checkout process faster and more convenient. The versatility of their platform allows us to accept various payment methods, including contactless and mobile payments, which has significantly increased customer satisfaction. Not to mention, their top-notch customer support team is always available to assist promptly whenever we need them. FreedomPay has undoubtedly elevated our business to new heights, and I can’t imagine operating without their exceptional services. If you want a hassle-free and reliable payment solution, look no further than FreedomPay!

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