MobiusPay Contract Terms
Details about MobiusPay’s standard contract rates and terms are not publicly disclosed at this time. However, it’s suggested that the company customizes its offerings based on various factors such as business type, location, and processing history. Given its broad client base, MobiusPay might include long-term equipment lease options for specific merchant requirements.
High-Risk, High Fees
Catering to hard-to-place industries, MobiusPay faces increased risks related to chargebacks and regulatory complications. To offset these risks, the company, along with its banking partners, is likely to impose higher-than-average transaction fees and potentially require the establishment of a cash reserve. Such measures are typical in the payment processing industry for high-risk businesses, who should anticipate rate quotes potentially surpassing 5%.
No Red Flags
The absence of public complaints regarding MobiusPay’s contract terms indicates a level of customer satisfaction, earning the company an “A” rating in this area. However, this rating is based on limited public information about their specific pricing structure. It’s conceivable that MobiusPay’s contract terms for high-risk businesses may not be as competitive compared to the most affordable merchant accounts.
Business owners are advised to explore other options by reviewing our list of the best merchant accounts.
