The Southern Institute Review

Variable Contract Terms

The Southern Institute does not disclose its pricing to the public, and there are no complaints that mention specific rates or fees charged by the company. As a high risk payment processor, it’s likely that the company’s contract terms will vary dramatically depending on each merchant’s business type, location, and processing history. The Southern Institute offers payment processing equipment, but it is possible that this equipment may come with a long-term lease. Merchants are advised to purchase their own equipment whenever possible to avoid getting locked into long-term, non-cancellable equipment leases.

High Risk, High Fees

High risk merchants who sign up with The Southern Institute should expect to pay higher-than-average fees, and they may also be subject to cash reserves on their accounts. This is standard practice within the industry due to the elevated risk of chargebacks that many high risk merchants pose. High risk merchants can reduce their risk of fund holds and chargebacks by being open and transparent with The Southern Institute about their business type and product lineup from the start.

The Southern Institute CBD Pricing

High Risk Merchant Solutions, a partner company of The Southern Institute, has previously offered CBD payment processing with no contract or monthly minimum fee, and it is possible that The Southern Institute offers similar terms. However, given Elavon‘s recent purge of all of its CBD accounts, so The Southern Institute may offer different CBD contract terms at this time.

No Red Flags

We cannot find any The Southern Institute complaints related to the company’s pricing, and there’s no reason to believe that the company’s merchants are dissatisfied with their pricing at this time. It is possible that The Southern Institute offers a wide range of potential contract types, so merchants should understand how to spot undesirable terms in their contract.