A Merchant Account Provider With its Own Formula
Founded in 2011, Select Merchant Solutions, also known as Randall Merchant Solutions, is a merchant account provider that offers an “all-in” rate, according to its website. The company defines this term as the percentage of a merchant’s fees divided by its total credit card sales. On average, the company advertises an “all-in” rate of 1.56%. Additionally, Select Merchant Services advertises a proprietary app that facilitates merchants’ transactions through their iPhones.
Location and Ownership
Select Merchant Solutions is headquartered at 150 W. Fulton St., Sanford, FL. The company does not disclose its acquiring bank. Ronald Park is listed as the company’s controller, while Jeff Condello is its managing member and Jim Neumann is a partner in the company.
Select Merchant Solutions Review Table of Contents
- Costs & Contract: Select Merchant Solutions offers undisclosed contract terms.
- Complaints & Service: Select Merchant Solutions has received fewer than 10 public complaints.
- BBB Rating: Select Merchant Solutions has an “A-” and has received 0 complaints in the last 3 years. The company has been accredited by the Better Business Bureau since 2017.
- Sales & Marketing: Select Merchant Solutions does not hire independent sales agents and has not received any complaints about its sales practices.
- Rates & Fees: How Merchants Got The Best Rates With Select Merchant Solutions.