Magothy Payments Customer Reviews

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Recent User Reviews

August 22, 2024

Magothy has been great to deal with. If we have any issues at all they are right on top of it. I highly recommend them!

Justin Burcham
August 21, 2024

Jaron at Magothy Payments is the best! He has always made the process easy and is extremely responsive to any and all questions. We definitely recommend Magothy Payments to others!

Kristie

Magothy Payments Company Overview

Magothy Payments is a Maryland-based merchant services provider founded in 2014 and headquartered in Severna Park. Led by CEO Jaron Rice, the company offers payment processing solutions tailored for small and mid-sized businesses, including contractors, e-commerce retailers, B2B service providers, and membership-based organizations. Magothy Payments is known for its transparent pricing, month-to-month contracts, and commitment to customer service.

The company provides a range of services, including credit card processing, virtual terminals, mobile payments, and e-commerce integrations. They are an Authorize.Net reseller and offer solutions for both card-present and card-not-present transactions. Magothy Payments has been recognized for its ethical practices, notably supporting Maryland House Bill 777, which reformed merchant service contract terms and capped early termination fees.

Clients have reported significant savings after switching to Magothy Payments, with some noting reductions of over $2,000 in the first month. The company maintains an A+ rating with the Better Business Bureau and has a 4.9 out of 5-star rating on Google Maps, reflecting its strong reputation in the industry.