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Elite Payment Processing has been a reliable part of our workflow. They handled the transition from our old provider quickly, and the equipment arrived ready to go. Support has been helpful without being pushy, and our deposits are always on time.
Elite Payment Processing Company Overview
Elite Payment Processing is a merchant services provider headquartered in Fort Lauderdale, Florida, established in 2007. The company offers a range of payment processing solutions, including credit and debit card processing, point-of-sale (POS) systems, virtual terminals, and e-commerce services. Elite Payment Processing is an ISO/MSP of Wells Fargo Bank and Merrick Bank, and it resells services from various payment processors.
The company supports processing in over 60 currencies and provides services such as dynamic descriptors, transaction recycling, account updating, online reporting, recurring billing, and batch processing. It also offers Level 2 and 3 B2B processing.
Pricing details are not fully disclosed publicly. However, available information suggests variable processing rates, with swipe and keyed-in rates ranging from 1.00% to 4.99%. Additional fees may include a gateway fee of $25, a PCI compliance fee of approximately $19.95 per month, and an early termination fee up to $495.