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Wind River Financial Review: Everything You Need Before Signing Up

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Wind River Financial

Rating
A
5/5
full starfull starfull starfull starfull star

Pros and Cons of Wind River Financial

Pros

Short-term contracts
Fraud protection tools
Virtual terminal access
EMV card readers
A+ BBB rating

Cons

Undisclosed pricing details
Potential cancellation fees
Possible hidden charges
Equipment terms undisclosed
Transparency concerns

Overview

In this review of Wind River Financial, we take a closer look at the company’s credit card processing services. Their offerings include point-of-sale systems, mobile payment options, and e-commerce features designed to support a variety of businesses. We’ll highlight which businesses may benefit most from these services. We’ll also review client and customer feedback to identify common trends and concerns. In addition, we’ll cover pricing, contract terms, and included services. By the end, you’ll know whether Wind River Financial is the right fit for your payment processing needs.

About Wind River Financial

Screen Capture of Wind River Financial Homepage
Wind River Payments Homepage

Founded in 1999, Wind River Financial is a merchant account provider that is capable of serving most domestic, standard-risk business types. According to the company’s website, it specializes in serving businesses focusing on B2B sales, healthcare, and software development. The company is a TSYS reseller. However, it specializes in offering merchants short-term contracts which likely do not include many of the TSYS terms and conditions.

Products & Merchant Services

Payment Processing

Wind River Financial processes major debit and credit cards for a variety of business types.

EMV Card Readers and Swipers

Wind River Financial offers EMV card readers and swipers, enabling businesses to accept chip-enabled credit and debit cards for in-person transactions. EMV technology adds an additional layer of security by generating a unique code for each transaction, reducing the risk of fraud compared to traditional magnetic stripe cards.

POS Solutions

Wind River Financial provides Point-of-Sale (POS) solutions tailored for businesses of varying sizes and industries. These systems allow businesses to manage in-store transactions efficiently, supporting multiple payment methods such as credit, debit, and contactless payments.

Mobile Payments

For businesses that need flexibility, Wind River Financial offers mobile payment solutions. These services allow transactions to be processed using smartphones or tablets, making them ideal for businesses that operate on the go, such as service providers, delivery services, or pop-up shops.

ACH Payments

Wind River Financial’s ACH payment service supports direct electronic transfers between bank accounts, offering businesses a secure and cost-effective alternative to credit card payments.

Virtual Terminals

Wind River Financial’s virtual terminal solution allows businesses to accept payments without a physical card reader. This option is particularly useful for businesses that take orders by phone or email, as it allows payment information to be entered manually via a secure online platform.

e-Commerce Solutions

For businesses operating online, Wind River Financial offers e-commerce solutions designed to support secure online payments. These services integrate with various e-commerce platforms and shopping carts, allowing businesses to accept multiple payment types while providing a smooth checkout experience for customers.

PCI Compliance and Fraud Protection

Wind River Financial places a strong emphasis on PCI compliance and fraud protection, helping businesses meet the necessary security standards for handling credit card data. The company offers tools and guidance to ensure that businesses stay compliant with industry regulations, reducing the risk of data breaches.

Customer Reviews & Sentiment

Low Complaint Total

Our research shows only one negative Wind River Financial review, which does not label the company as a ripoff or scam. This review, focused on account closure fees, seems to stem from a misunderstanding by the merchant. We welcome more Wind River Financial reviews for a broader perspective, so please share your experiences in the comments.

Wind River Financial Lawsuits

No significant class-action lawsuits or FTC complaints have been found against Wind River Financial. Merchants looking for non-litigious solutions are encouraged to consider reporting issues to appropriate supervisory organizations.

Industry Scores & User Ratings

Online Ratings Summary
PaymentPop5
BBB RatingN/A
Google Maps4.8
Average Rating4.9

PaymentPop Rating for Wind River Financial

Negative Feedback

There are no negative reviews published about Wind River Financial on the PaymentPop website.

Positive Feedback

We’ve worked with a few processors before, but Wind River Financial has been the most trustworthy by far. Everything is clear, payments show up on time, and I never feel like we’re left in the dark. It’s the kind of partnership that makes running a business easier.

Wind River Financial BBB Rating

Wind River Financial currently has an “A+” rating with the Better Business Bureau and has been accredited with the BBB since December of 2015. The company hasreceived only 0 complaints in the past 36 months. Prior to that period, the Better Business Bureau documented only 1 complaint, which was resolved to the satisfaction of the merchant.

What Merchants Say

Wind River Financial has not had any reviews posted to its profile in the last 3 years. Previously, the lone complaint filed against Wind River Financial described continuous ACH charges after account cancellation:

On 2/24/17 I called their office and spoke with *****, a rep. I expressed that we were going to be no longer using the credit card switching our credit card merchant account over to PayPal. I asked about any fees once we stopped using the equipment. I was told by ***** that aside from charges we would incur if we used the equipment and accepted credit cards using their service… there WOULD BE NO ONGOING FEES, MONTHLY OR OTHERWISE. I took notes at the time of my phone call to document this conversation. I expressly asked if there would be any fees or charges once we stopped using their equipment. She replied “no”. She did say that we could start using the equipment again at any time if we wished. At that time we would incur fees. There were fees charged to us on 3/2/17. 4/3/17, 5/1/17, 6/2/17. Due to a lack of communication with our accountant – I did not realize that these charges were occurring until 7/4/17… when I saw an ACH charge from them on our checking account. Our accountant does our check reconciling so again, these charges were not noticed by me until that date. I called and spoke again with ***** – I reminder her of our conversation of 2/24/17. She recalled only that we told her we were thinking about ending the merchant account with them. I expressed that I was clear in my questions and that she told me there would be no further charges, as long as we did not use the equipment to accept credit cards. She said she would make sure they would not charge us the usual cancellation fee. I noted we were charged on 7/3/17. I do not contest the 3/2/17 charge – of $76.81. I do contest the charges of 4/3/17 $ 59.25 5/1/17 $58.75 6/2/17 $58.75 and 7/3/17 $58.75 Total $235.50 I called again on 8/25 and spoke with Jeff. I explained my dissatisfaction with the charges after March. He said he would have someone call me later that day. I received no call that day… or today 3 days later.

This complainant could have avoided the situation by taking all appropriate steps to cancel their merchant account without paying any fees.

An “A” Performance

In light of the lack of complaints or reviews to the profile, we agree with the BBB’s rating.

Google Maps Rating for Wind River Financial

Wind River Financial has a 4.8 out of 5 star rating based on 16 user reviews on Google Maps.

Positive Feedback

Wind River Financial has been wonderful to work with. We have been partners with them for many years. The technical support team has solved any issues we have had quickly and efficiently. Our team contact, if not available right away, always calls back within a 24 hour time frame. The customer service is top notch.

Negative Feedback

Horrible service and experience. I was sold on the service with promises which never came true. After I quit using service they kept charging me for their services even after they knew I wasn’t using them. When questioned why they said they could and they refused to refund charges. Would not recommend.

Processing Rates & Fees

No Long-Term Contracts

There is a limited amount of publicly available information about the standard Wind River Financial contract. The company advertises that it does not lock merchants into long-term contracts, but it doesn’t state the duration of its standard merchant agreement. We have also located a Wind River Financial complaint that mentions a $25 account closure fee, which appears to be charged whenever a merchant cancels service. Aside from these details, there is no other information available about the company’s monthly fees, PCI compliance fees, pricing structure, or equipment lease policies.

Virtual Terminal and Payment Gateway Pricing

In addition to its storefront payment processing services, Wind River Financial also dedicates a portion of its website to advertising its virtual terminal and payment gateway services. However, pricing is not disclosed on either of those services. Additional Wind River Financial rates and fees, including gateway fees, technical support fees, batch fees, and additional transaction rates typically apply to these e-commerce services.

Variable Contract Terms

Given Wind River Financial’s promotion of short-term contracts, it is likely that the company allows its sales agents some freedom to customize the rate and Wind River Financial fee schedule for each merchant. As a reseller of TSYS, merchants should be aware of the typical rates and fees offered by that company.

Since Wind River Financial promotes short-term contracts, the PCI compliance and early termination fees associated with TSYS are likely irrelevant. However, TSYS typical rates provide some insight into what merchants can expect as a starting point for negotiating a rate. TSYS offers smaller-sized merchants, like those that Wind River Financial appeals to, a swipe rate of 2.5% plus $0.20 per transaction and a keyed-in rate of 3.5% plus $0.20.

It is unclear how competitive Wind River Financial’s contract terms are compared to the cheapest merchant accounts. Merchants are therefore encouraged to shop competitively and to ask about all applicable terms and Wind River Financial fees. It may also be of use to merchants to check out our list of best merchant accounts. If you have any specific knowledge of the standard Wind River Financial merchant agreement, please provide that information in the comment section below this review.

Wind River Financial virtual terminal
Wind River Financial offers e-commerce solutions including virtual terminals

Employee Reviews & Sales Practices

Inside and Outside Sales Agents

Wind River Financial appears to utilize inside sales agents, outside sales agents, and traditional advertising to market its services. There is no evidence at this time that the company employs a large team of independently contracted sales agents, but it is possible that its regional sales managers oversee teams of independent contractors. We cannot find any Wind River Financial reviews that describe deceptive conduct by the company’s sales agents.

No Deceptive Advertising

The Wind River Financial website also does not promote any misleading rate quotes or unrealistic guarantees. If you suspect that you are being charged undisclosed Wind River Financial fees, however, we recommend seeking an independent statement audit to spot hidden charges. Overall, the company currently meets all of our requirements for an “A” rating in this section. In this category, Wind River Financial is comparable to some of our best credit card processors.

Wind River Financial Competitors

Compare Wind River Financial to competitors that earned top marks.

Bottom Line

According to all available information, Wind River Financial rates as a reliable merchant services provider. Over its 15-year history, the company has garnered only a few public complaints, and there are no visible signs suggesting deceptive sales tactics. This solid track record reflects Wind River Financial’s commitment to customer satisfaction and transparent business practices.

However, merchants should remain cautious, even with an “A”-rated provider like Wind River Financial. They are encouraged to thoroughly review all contract terms before committing to service and to compare Wind River Financial’s pricing with top overall providers. This diligence ensures merchants secure the most favorable terms tailored to their unique needs and continue to benefit from a competitive and transparent relationship with their payment processor.

Read Actual User Reviews

All user reviews have been moved to our partner, PaymentPop.com

Contact Wind River Financial

Contact & Customer Support
Co-founderMark Courchane
Co-founderMatthew J. Uselman
President and CEOTyler Kattre
Headquarters65 Buttonwood Court, Madison, Wisconsin 53718
Toll-Free 24h Terminal Customer Service(800) 552-8227
Local Office(608) 243-3264
Sales and Support(833) 274-5875
PCI Support(800) 441-1762
Additional Support ChannelsOnline Contact Form
Websitewindriverfinancial.com/