UPDATE 12/24/2018: Solveras Payment Solutions was acquired by TransFirst in 2011. Solveras functioned as a sales division of TransFirst for a period of time, but it now appears to have been fully absorbed into the TransFirst brand.
Solveras Payment Solutions (solveras.com) is a Franklin, Tennessee-based merchant services provider that opened its doors in 2000, was acquired by TransFirst in 2011, and has since become a sales division for the company. Solveras primarily markets credit card processing and debit card processing services as well as remote deposit capture services to allow businesses to make check deposits from their location, rather than going to the bank. Additionally, the company offers a branded payment gateway and virtual terminal called “Solveras SmartPay.”
Since our last update, the Better Business Bureau has merged the report for Solveras into the report for Transfirst. See our Transfirst Review to get more details about its BBB rating. Outside of the BBB, this reviewer was able to uncover only one other valid complaint against Solveras’ credit card processing services or any of its other payment systems; however there are a few complaints listed in the comment section of this review that are worth reading. It is also likely that most, if any, complaints that would originally have been filed under Solveras are now getting attributed to TransFirst.
Solveras is a registered ISO/MSP of First National Bank of Omaha of Omaha, Nebraska, and of Merrick Bank of South Jordan, Utah.