Spectrum Merchant Services Review

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4.8
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How did they treat you? ▼

Updated 1/24/2019: Spectrum Merchant Services has changed its name to EpicPay. See our EpicPay review for up-to-date information about this company.

Founded in 1998, Spectrum Merchant Services (spectrumadvantage.com) is a small merchant account provider that was originally based in Santa Ana, California, but has since moved to Frisco, Texas. Spectrum offers credit card processing services for all major credit/debit card brands. The company also offers payment services for e-commerce, check processing, ACH processing, business to business (B2B), recurring payments, point-of-sale terminals (Verifone, Nurit, Hypercom, and Exadigm), wireless processing (via Blackberry, cell phones and hand-held terminals), PC products (PC Charge, IC Verify, Micros, Squirrel and more), gift cards, loyalty cards, petroleum cards, and Electronic Benefits Transfer (EBT). Additionally, Spectrum works with funding partners to offer merchant cash advances of up to $500,000. Spectrum Merchant Services is a registered ISO/MSP of Wells Fargo Bank, Walnut Creek, California, and First National Bank of Omaha, N.A.

Spectrum Merchant Services Customer Reviews

Here's What Their Clients Say

We were unable to locate any publicly listed Spectrum Merchant Services reviews at all on this or other non-BBB consumer protection websites, which is impressive for a company that has been operating for over 14 years. The company offers a dedicated in-house customer support line on its website, which appears to do a great job of fielding and responding to its clients’ problems. Given the total lack of complaints about this company, we are awarding Spectrum an “A+” in this category.

Spectrum Merchant Services Online Ratings

Here's How They Rate Online

The Better Business Bureau currently awards Spectrum an “A+” rating with only one customer complaint on file. The BBB‘s profile for EpicPay is showing no complaints. The lone complaint filed against the company was a product or service issue, and this complaint was resolved to the merchant’s satisfaction. In light of these figures, we agree with the BBB’s rating.

Spectrum Merchant Services Fees, Rates & Costs

A Closer Look at The Contract

At the time of this update, there is very little information available about the standard Spectrum contract. A total lack of complaints for this company seems to indicate that its clients are largely satisfied with the terms of their contracts. Even so, merchants are advised to carefully review the terms of any contract they sign. If you have any information about Spectrum’s costs and contract terms, please describe your experience in the comment section of this review.

Spectrum Merchant Services Employee Reviews & Sales Tacitcs

Should You Work For Them?

Spectrum Merchant Services appears to hire independent sales agents to market its services. This is a standard industry practice that often results in a sales force that is poorly trained and unregulated. However, there are virtually no publicly available complaints registered against Spectrum, indicating that the company might exercise a greater degree of control over the actions of its independent agents than is typical within the industry. The company also does not appear to engage in any deceptive advertising.

Our Spectrum Merchant Services Review Summary

Our Final Thoughts

Spectrum Merchant Services rates as an excellent merchant account provider according to our standards. Although there is very little information available about the company, there is also only one public complaint, and the company’s website does not appear to engage in deceptive marketing tactics. Even though Spectrum appears to have a great track record, merchants are advised to always read their contracts carefully.

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Which is Most Important for You?

If you had to pick one, which quality would you say will be the most important with your next credit card processor? Tap or click your selection to register your vote:

  1. Low Transaction Fees
  2. No Monthly Fees
  3. No Contract
  4. Reliable Customer Support
  5. Quick Signup

Testimonials & Complaints

How Did Spectrum Merchant Services Treat You?

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