Pricing Depends on Business Type
There is not a lot of publicly available information about the standard National Processing Solutions contract. The company does not disclose its average contract length or typical rates. This is likely because National Processing Solutions customizes its pricing and fees for each business type.
The National Processing Solutions fees are advertised on their website as a flat fee plan for restaurants that charges $100 per month plus interchange and pre-negotiated flat fees without any PCI compliance fees or annual fees. Meanwhile, the company pitches B2B and B2G merchants on its ability to offer Level 3 interchange pricing on each transaction. These factors suggest that National Processing Solutions bases its contract terms on each merchant’s business type, processing history, and sales volume.
Level 3 Processing Services
In addition to its traditional merchant services, ClearMerchant also advertises that it provides Level 3 processing for B2B and B2G transactions. Level 2 and Level 3 processing rely upon different interchange rates than traditional consumer credit transactions. Accommodating those rates requires different payment processing technology from a merchant account provider to transmit the amount of data required to facilitate the transactions. These services are reserved for B2B and B2G purchases that utilize corporate credit cards.
No Contract Complaints
This approach is preferable to Priority Payment Systems’ standard contract, which typically includes a three-year term with a variable early termination fee. We have not found any complaints about National Processing Solutions’s contract terms, so it appears that most of the company’s merchants are satisfied. As of now, it is unclear how competitive National Processing Solutions’ contract terms are compared to the cheapest merchant accounts. If you have any specific knowledge of the standard National Processing Solutions contract, please share that information in the comment section below this review.
We also encourage merchants to check out our list of the providers of thebest merchant accounts.
