Gulf Management Systems 2023: Reviews & Complaints
(800) 947-3156 Company Overview
Founded in 1992, Gulf Management Systems is a merchant account provider that serves most standard-risk business types. The company is a registered agent of Strategic Payment Systems, which is itself a reseller of WorldPay, so it is likely that Gulf Management Systems is partnered with WorldPay for its backend payment processing.
Article Summary
Before we dive in, here’s a short summary of what we’ll cover:
- Gulf Management Systems’ various payment services.
- Gulf Management Systems has very few public complaints.
- Gulf Management Systems is owned by Strategic Payment Systems, which resells WorldPay. This means the contract is likely the same as WorldPay’s.
- Contract likely includes some expensive fees.
Gulf Management Systems Payment Processing
Gulf Management Systems processes all major debit and credit cards for most business types. Their services include EMV card readers and swipers, POS solutions, mobile payments, e-commerce solutions including virtual terminals, recurring billing, and ACH payments.
Location and Ownership
Gulf Management Systems is headquartered at 3001 Eastland Blvd, Suite 5 Clearwater, Florida 33761. and is a registered ISO/MSP of Wells Fargo Bank NA, Walnut Creek, CA; and of First National Bank of Omaha, Omaha, NE. Charles Billone is the owner of Gulf Management Systems while Kurt Schneider is CEO.
Table of Contents
- Costs & Contract: Offers variable contract terms depending on each…
- Complaints & Service: Complaints number fewer than…
- BBB Rating: Currently has an “A+” rating with the Better Business Bureau and has…
- Sales & Marketing: Does not appear to hire independent sales agents and has not…
Gulf Management Systems Customer Reviews
Here's What Their Clients Say
Key Points |
|
|---|---|
| Total Online Complaints | <10 |
| Live Customer Support | Yes |
| Most Common Complaint | N/A |
| Recent Lawsuits | No |
No Public Complaints
We are currently unable to locate any Gulf Management Systems reviews that accuse the company of being a ripoff or a scam. In fact, the credit card processor is showing only positive reviews across various consumer protection websites. This seems to indicate that Gulf Management Systems employs a proactive and available customer support team. If you have a Gulf Management Systems review to make, please do so in the comments below.
Gulf Management Systems Lawsuits and Fines
We have not found any outstanding class-action lawsuits or FTC complaints filed against Gulf Management Systems. Dissatisfied clients who wish to pursue a non-litigious course of action against the company should consider reporting it to the relevant supervisory organizations.
Gulf Management Systems Customer Support Options
The Gulf Management Systems website lists dedicated phone and email contact information in addition to general contact information. This level of support is on par with most top-rated customer service processors.
Gulf Management Systems Customer Service Number
- (800) 947-3156 – Toll-Free Customer Support
Other Support Options
- Support form
- Chat
- Customer service email address at [email protected]
Gulf Management Systems Online Ratings
Here's How They Rate Online
Online Ratings Summary |
|
|---|---|
| BBB Reports | 0 |
Under 10 Complaints
Gulf Management Systems has an “A+” rating with the Better Business Bureau and is not BBB accredited. The company has received 0 complaints in the past 36 months.
An “A” Performance
Given the company’s nearly clean complaint record, we agree with the BBB’s rating at this time. Readers should note, however, that there are good reasons to be skeptical of the BBB’s rating system.
Gulf Management Systems Fees, Rates & Costs
A Closer Look at The Contract
Key Points |
|
|---|---|
| Cancellation Penalties | Likely |
| Monthly & Annual Fees | Likely |
| Processing Rates | 1.00% - 4.99% |
| Equipment Leasing | Likely |
Gulf Management Systems Contract Terms
There is no publicly available information about the standard Gulf Management Systems rates or contract at this time. The company is a WorldPay reseller, which means that its standard contract terms will likely resemble the standard WorldPay contract. WorldPay’s standard service agreement is a three-year term with automatic one-year renewals if written notice is not given within 90 days of the service expiration. The contract includes an early termination fee of up to $295, a PCI compliance fee of $15-$25 per month, and an annual fee of $69 for IRS 1099 reporting. WorldPay also leases point-of-sale equipment through its ISOs for terms of up to 48 months.
No Red Flags
The total absence of 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 Gulf Management Systems’ contract terms are competitive with the cheapest merchant accounts.
We also encourage readers to check out our list of the providers of the best merchant accounts.
Gulf Management Systems Employee Reviews & Sales Tacitcs
Should You Work For Them?
Key Points |
|
|---|---|
| Uses Independent Resellers | No |
| Telemarketing | No |
| Misleading Marketing | No |
| Discloses All Important Terms | No |
Inside Sales Team
Gulf Management Systems appears to rely on referrals and an 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 Gulf Management Systems reviews that report unethical behavior by the company’s sales staff.
This compares favorably to our list of best credit card processors.
No Misleading Quotes
Gulf Management Systems does not appear to engage in any deceptive advertising strategies in its official materials. If you suspect that Gulf Management Systems is charging you undisclosed fees, we recommend seeking a third-party statement audit to eliminate hidden charges.
Our Gulf Management Systems Review Summary
Our Final Thoughts
According to all available information, Gulf Management Systems rates as a dependable credit card processing provider. There is not a lot of specific information available about the company’s sales tactics or contract terms at this time, but its clean complaint record is a very positive sign. Even when dealing with companies that rate highly by our standards, we urge readers to thoroughly examine the terms of any contract they are given and compare its pricing to top-rated merchant account providers.
If you found this article helpful, please share it!
About The Author
Your Comments & Reviews
How Did Gulf Management Systems Treat You?1 Responses
Leave a reply
Your email address will not be published. Required fields are marked *
Copyright
Copyright © 2023 CardPaymentOptions.com, 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 CardPaymentOptions.com, 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.
FTC Advertising Disclosure
We take great pride in providing one of the only objective an unbiased merchant account review websites on the internet. To support this responsibility, we may in some cases, but not all, earn revenue if you choose a service provider that we have fully researched and vetted. We only recommend providers that we have determined to be safe for our readers. We do not accept payment, gifts, or any other bribes in exchange for postive reviews or ratings. We care about doing right by our readers.
Show disclosure
Popular Merchant Account Research
Related Industry Research
Industry Specific Findings
Low Cost Processor of 2023
Helcim Payments
No Monthly or Annual Fees
Super Low Processing Rates
POS, Mobile, and Online Payments
Sales & Support: (888) 506-7812
Hunter Jacqueline
I just had to share my fantastic experience with Gulf Management Systems! Their top-notch services have completely transformed my business operations. From the get-go, their team displayed a level of professionalism that was second to none, while maintaining a friendly and approachable demeanor.
The seamless integration of their payment processing solutions has streamlined our financial transactions, saving us valuable time and effort. Their cutting-edge security measures have also given us peace of mind, ensuring that our customers’ data remains safe and secure.
Moreover, the responsive customer support team has been a game-changer. They are always there to address any queries promptly, making us feel valued and supported as a client.
In short, Gulf Management Systems has exceeded my expectations in every way. I can confidently say that partnering with them has been a game-changer for my business. Highly recommended!