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Does Heritage Payment Solutions Simplify Credit Card Processing?

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Heritage Payment Solutions

Rating
B
4/5
full starfull starfull starfull starempty star

Pros and Cons of Heritage Payment Solutions

Pros

24/7 customer
Merchant cash advances
Established since 1998
EMV chip terminals
Comprehensive payment solutions

Cons

Monthly minimum fees
Equipment lease terms
Potential cancellation fees
Contractual commitments
Misleading sales practices

Overview

In this Heritage Payment Solutions review, we’ll walk you through their credit card processing services, covering POS systems, mobile payments, and e-commerce options. We’ll highlight which types of businesses are most likely to benefit, while also examining customer feedback to uncover trends, strengths, and common concerns. We’ll break down pricing, contract terms, and notable features so you know what to expect. By the end, you’ll have a clear sense of whether Heritage Payment Solutions is the right choice for your payment processing needs.

About Heritage Payment Solutions

Screen Capture of Heritage Payment Solutions Homepage
Heritage Payment Solutions Homepage

Heritage Payment Solutions is a Wake Forest, North Carolina-based merchant account provider that appears to be part of the First American Payment Systems network of businesses. Its flagship product is a payment processing app for recreation centers called eTrak. The company also offers POS solutions through 1stPayPOS.

Products & Merchant Services

Payment Processing

Heritage Payment Solutions handles debit and credit card transactions for a variety of businesses. Their offerings include EMV card readers, POS systems, mobile payment options, e-commerce solutions such as virtual terminals and payment gateways, as well as gift and loyalty programs and fundraising tools.

Mobile Payment Solutions

Heritage Payment Solutions provides a mobile payment service designed for businesses that require the ability to accept payments on the go.

E-Commerce Services

Recognizing the growing importance of online commerce, Heritage Payment Solutions offers a secure payment gateway for e-commerce transactions.

Virtual Terminal Service

Heritage Payment Solutions provides a virtual terminal service that benefits businesses conducting mail or phone orders. This service allows businesses to manually enter card details into a secure, web-based system.

Integrated Business Tools

In addition to payment processing, Heritage Payment Solutions offers integrated software solutions to support overall business management. These tools include features for payment processing, inventory management, customer relationship management (CRM), and data analysis.

Customer Reviews & Sentiment

Assessment of Customer Reviews

We have identified over 10 negative reviews of Heritage Payment Solutions, primarily outside the BBB. Several of these reviews label the company as a scam or ripoff. Complaints frequently focus on high early termination fees and PCI compliance fees, as well as subpar customer service. Additionally, there are mentions of misleading sales practices in comments and reviews. We encourage you to contribute your own experience with Heritage Payment Solutions in the comments below.

Heritage Payment Solutions Lawsuits

No active class-action lawsuits or Federal Trade Commission (FTC) complaints have been found against Heritage Payment Solutions. Clients looking for non-litigious resolutions are advised to consider reporting their issues to relevant supervisory organizations.

Customer Support Quality

Heritage Payment Solutions’ low complaint rate is somewhat surprising, given its affiliation with First American Payment Systems, which has a higher rate of complaints and a reputation for poor service. At present, we give Heritage Payment Solutions a “B” rating, noting that other resellers of First American Payment Systems have received poorer ratings. The company provides 24/7 phone support for current clients, but reports of slow response times impede its ranking among the top merchant accounts for exceptional customer service.

Industry Scores & User Ratings

Online Ratings Summary
PaymentPop5
BBB RatingN/A
Google Maps2.8
Average Rating2.8

PaymentPop Rating for Heritage Payment Solutions

Negative Feedback

There are no negative reviews published about Heritage Payment Solutions on the PaymentPop website.

Positive Feedback

We signed on with Heritage Payment Solutions after getting tired of vague fees and unclear support from our last provider. From day one, the communication here has been direct and practical. No confusion, no missed payouts. The setup that works as described.

Heritage Payment Solutions BBB Rating

Heritage Payment Solutions had held accreditation with the Better Business Bureau since August 2010 at the time of a previous review but no longer holds this distinction. The company has received an “A+” rating with 0 complaints in the last 36 months.

What Merchants Say

Heritage has also received 0 informal reviews to its BBB profile. A previous review is a copy of a comment in the section below this review:

In February of 2017 I decided to use Heritage Payment Solutions. Went through an Account Manager named ******* ******. Great guy and previously did work with him with a manufacturing company I ran. He offered me a great rate and with me opening a new business said I could cancel at anytime. I ended picking up multiple jobs and did my business on the side so I asked him March 20th to talk about closing the account. Then we spoke over the phone about how he would appreciate me keeping the account open for a little while longer since he stuck his neck out for me to get me a good deal on my processing fee. Even though I didn’t need them, I was nice and kept them charging my account for services I did not need since I care for the people helping my business. Then on April 12th he asked me to get a list of local business owners to get to him so I could make a little extra money by getting some recommendations for possible leads. Doing this would create a good pathway to possibly be hired through the company. Then on June 7th he said that him and his senior partner would like to meet with me the following week for the open position. That was the last I heard from him. He ignored my calls, texts, and emails from that date forward. I submitted the cancellation form on November 26th by email and by mail as what **** and I talked about in June would be all I had to do. Then in late February I got a collection notice for over $600. Then I did some research and reached out to ***** **** on February 22nd to help me with the matter. He sent me another form to fill out to finalize the cancellation and then he back dated it as well. ***** did a great job but avoided my questions about my account manager and to this day I still do not know if he is still with the company. Then I spoke with a ******** through ***** ******** ******* about my debt with the company for the $776 and I told her to contact ***** about the situation I was in. Then I called her on March 28th and she informed me that I just had to pay the remaining balance of the final months fees which was $51 and some change. I asked her to email it to me with the address so I could get it handled and she said she does not send emails. So after work the following day I drove from South Carolina to Ohio to take care of the issue and find the address to mail a check to. My wife mailed out the check the week after on the week of the 9th. Today I received a call from a ****** *** with their legal intervention team requesting full payment of $495 for my termination fee. They did receive my check but apparently failed to tell me that I had a small window for them to receive the check and that is why they reinstated a termination fee. So they are giving me a week to pay this ridiculous fee when I was told up front that no termination fee would be presented when wanting to cancel.

Heritage issued the following response:

We required him to pay his last statement fee from December in the amount of $51.95. He dragged his feet on this payment until 4/19/2018. During that time, we attempted to contact him and send letters. The day we received payment is the day we loaded up his account for credit placement and for our “legal” collections branch to work it. As of this morning, we have acknowledged the payment with him. Agreed to close the account out in good standing and not report anything to his credit. ***** **** Heritage Payment Solutions XXX XXX XXXX office XXX XXX XXXX fax *******@heritageps.net

This seems like a positive resolution that nonetheless took a long time to resolve. If you are considering canceling your service with Heritage, we recommend understanding the necessary steps to prepare to cancel service without paying a fee.

An “A” Performance

As with the other categories of this review, the company’s low complaint total in this section is surprising when one considers the BBB profiles of its fellow First American companies. That said, we agree with the BBB’s rating at this time.

Google Maps Rating for Heritage Payment Solutions

Heritage Payment Solutions has a 2.8 out of 5 star rating based on 4 user reviews on Google Maps.

Positive Feedback

Great service and responsive team. I highly recommend them.

Negative Feedback

Unable to speak to a human or get returned calls or emails. Gives a number for support that says our account is closed. We still have equipment and no one has ever called us. I’d never use them again. They don’t help businesses nor ever check in on them.

Processing Rates & Fees

Three-Year Contract

Heritage Payment Solutions typically engages in a three-year contract with its clients, in collaboration with First American Payment Systems. This agreement often includes clauses for automatic renewal. The contract stipulates an early termination fee of $495 and monthly minimum fees that begin at $20. A PCI Compliance fee, which may exceed $120, is also a common part of the contract, along with tiered pricing for transaction rates. These contract specifics are supported by various customer feedbacks.

Virtual Terminal and Payment Gateway Pricing

Heritage Payment Solutions extends its services to include virtual terminals and payment gateways, as detailed on its website. Pricing for these services is not explicitly listed. Generally, utilizing these e-commerce solutions incurs additional costs, such as gateway fees, technical support fees, batch fees, and further transaction rates.

Pricing May Vary

Contractual terms with Heritage Payment Solutions are subject to change based on negotiations with their sales team. The conditions mentioned indicate that prices might surpass those offered by some of the more economical merchant account providers. Individuals with firsthand experience with Heritage Payment Solutions are invited to share their insights to assist prospective clients. Moreover, it’s advisable for businesses to consider our list of the foremost merchant account providers as alternatives for potentially more favorable terms.

Employee Reviews & Sales Practices

Inside/Outside Sales Team

Heritage Payment Solutions appears to utilize both in-house telemarketing and outside sales representatives to market its services. It is unclear at this time whether these outside sales representatives are fully employed or independently contracted, but either way, the company is currently showing only a few complaints that accuse its sales agents of nondisclosure or misrepresentation of fees. This is surprising given the high number of complaints filed against other First American Payment Systems companies, but it appears that Heritage Payment Solutions provides more training and oversight for its agents than might be expected.

This compares favorably to our list of best credit card processors.

No Misleading Quotes

Heritage does not appear to engage in deceptive advertising strategies in its official materials. However, if you believe that the company is overcharging you, we recommend seeking a third-party statement audit to eliminate hidden fees.

Heritage Payment Solutions Competitors

Compare Heritage Payment Solutions to competitors that earned top marks.

Bottom Line

Heritage Payment Solutions stands out as a robust credit card processing provider, performing better than many might expect given its ties with First American Payment Systems. Despite this affiliation, Heritage has managed to maintain a relatively low rate of complaints and has avoided acquiring a negative reputation with the Better Business Bureau. However, the contract terms offered by Heritage Payment Solutions reflect the less favorable conditions often associated with First American, including potentially high rates and fees that may not compete well in the market.

Given the current solid standing of Heritage Payment Solutions, business owners might find the services adequate for their needs. Yet, it’s imperative for merchants to thoroughly review the contract terms before committing. There is a strong recommendation for merchants to compare these terms rigorously against those offered by top-rated merchant account providers. Such comparisons can reveal more competitive rates and terms, ensuring that business owners secure the best possible agreement for their payment processing needs.

Read Actual User Reviews

All user reviews have been moved to our partner, PaymentPop.com

Contact Heritage Payment Solutions

Contact & Customer Support
President and CEOKevin Hudson
Headquarters616 Dr Calvin Jones Hwy #100, Wake Forest, North Carolina 27587
Toll-Free Customer SupportToll-Free Customer Support
Sales InquiriesSales Inquiries
Fax(888) 454-7069
Websiteheritageps.net