Owner Profile: David Magnum

By Phillip Parker|March 26, 2026

Background and Roles

David Magnum is associated with Fees, Customer Reviews,. According to our review of Fees, Customer Reviews,, the company provides payment processing and merchant services to businesses. Magnum has been involved in the company’s operations within the payment processing industry.

Legal, Regulatory, and Reputation Notes

We have not identified any significant legal actions, regulatory sanctions, or public ethical complaints directly involving this individual at the time of this profile’s publication. If you have information that should be considered, please contact us.

Please let us know if the photo in this profile is not of David Magnum.

About Us

CardPaymentOptions.com

Established 2009

This website was launched in 2009 as a modest blog dedicated to exposing questionable marketing and pricing practices within the credit card processing industry and how they negatively impact small business owners. What began as a side project has since evolved into a widely recognized platform advocating for transparency, accountability, and ethical standards in merchant services.

As Has Appeared In

About The Author

Phillip Parker

Founder & Creator

Since 2009, I have researched over 1,000 merchant services providers and published hundreds of payment education-related articles. This work has received national recognition, and my expertise in payments is regularly sought by large media outlets such as CNN, MSN, and INC Magazine, among dozens of others.

Shortly after graduating from college, I was recruited into a sales role with a credit card processor. Only later did I realize that the so-called "training" centered on selling expensive processing agreements... layered with hidden fees and long-term contracts. In my earliest transactions, I unknowingly steered friends and family into costly arrangements after they trusted my recommendation. When I fully understood the structure of what I had been selling, I resigned immediately and committed myself to exposing those practices. That commitment became the foundation of this website.

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Background and Roles

Legal, Regulatory, and Reputation Notes

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