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NABSol Review: Fees, Complaints, Comparisons & Lawsuits
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Serving Standard and High-Risk Merchants
Short for “Native American Business Solutions”, NABSol is a merchant account provider that serves standard risk and hard-to-place business types within the U.S. and internationally. Founded in 2018, the company offers low, medium, and high-risk processing as well as credit card processing for CBD and hemp vendors.
NABSol Payment Processing
NABSol processes all major debit and credit cards for most business types.
NABSol Location & Ownership
The only publicly listed address for NABSol is headquartered at 5285 Car Country Dr, Carlsbad, California 92008, and the company is a registered ISO/MSP of Wells Fargo Bank NA, Walnut Creek, CA. Tina Vesper is the owner of NABSol.
NABSol Review Table of Contents
- Costs & Contract: NABSol offers a contract through First Data (Fiserv) with interchange-plus pricing and a $499.99 early termination fee.
- Complaints & Service: NABSol complaints number fewer than 10 on public complaints forums.
- BBB Rating: NABSol currently does not have a profile with the Better Business Bureau.
- Sales & Marketing: NABSol does not appear to hire independent sales agents and has not received any complaints about its sales practices.
- Rates & Fees: How Merchants Got The Best Rates With NABSol
NABSol Customer Reviews
Here's What Their Clients Say
|Total Online Complaints||<10|
|Live Customer Support||No|
|Most Common Complaint||N/A|
No Public Complaints
We are currently unable to locate any NABSol reviews that accuse the company of being a ripoff or a scam. In fact, the credit card processor is not showing any reviews across various consumer protection websites. This seems to indicate that NABSol employs a proactive and available customer support team.
We have not found any outstanding class-action lawsuits or FTC complaints filed against NABSol. Dissatisfied merchants who wish to pursue a non-litigious course of action against the company should consider reporting it to the relevant supervisory organizations.
NABSol Customer Service Options
The NABSol website provides a general phone and contact information submission form but does not list a dedicated customer support number or email.
We have located a single NABSol customer service number:
(760) 297-6006 – General Customer Service
We will award NABSol an “A” rating in this category, but the company’s current customer support options do not qualify it as a top-rated customer service processor.
NABSol Online Ratings
Here's How They Rate Online
No Profile Available
The Better Business Bureau does not maintain a profile for NABSol at this time. We therefore will not factor a BBB rating into this review.
NABSol Fees, Rates & Costs
A Closer Look at The Contract
|Swiped Rate||IC + 0.50% + $0.15|
|Keyed-In Rate||IC + 0.50% + $0.15|
|Early Termination Fee||$499.99|
|PCI Compliance Fee||$99|
|Equipment Lease Terms||$25|
NABSol Contract Terms
The standard NABSol contract is a term of unspecified length through First Data (Fiserv) with a per-transaction rate of interchange plus 0.50% plus $0.15, an early termination fee of $499.99, an annual fee of $99, a monthly minimum fee of $25, a monthly statement fee of $5, and a built-in equipment lease through First Data Global Leasing.
High Risk, High Fees
High-risk payment processors tend to charge higher-than-average rates due to the increased risk of chargebacks in high-risk industries. They may also enforce cash reserves to insulate themselves from fraud losses. High-risk merchants should therefore expect to receive stricter contract terms when processing payments through NABSol. We would encourage merchants to check out our list of the providers of the best merchant accounts.
The total absence of NABSol complaints about the company’s contract terms is a positive sign, but it should be noted that the company’s pricing is more expensive than industry averages. NABSol’s standard contract is not competitive with the cheapest merchant accounts. See the standard NABSol Merchant Application.
NABSol Employee Reviews & Sales Tacitcs
Should You Work For Them?
|Employs Independent Resellers||No|
|Advertises Deceptive Rates||No|
|Discloses All Important Terms||No|
Inside Sales Team
NABSol appears to rely primarily on in-house staff to market its services. There is no evidence at this time indicating that the company employs a large team of independent sales agents, and we are unable to locate any NABSol 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
NABSol does not appear to engage in any deceptive advertising strategies in its official materials. If you suspect that you are being charged undisclosed NABSol fees, we recommend seeking a third-party statement audit to eliminate hidden charges.
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