About Bonita Payments
Overview
Bonita Payments is a New Orleans, Louisiana based merchant services provider founded in 2016 and operated by Bonita Financial, LLC. The company resells Clover point-of-sale hardware and software and provides payment processing for in-person, online, and mobile transactions. It markets primarily to small and mid-sized businesses in retail, restaurant, fuel and convenience, professional services, and e-commerce.
Products and Services
Bonita Payments offers a range of Clover devices, including full countertop POS systems, Mini POS terminals, the Clover Go mobile reader, and Clover Flex handhelds. Its processing services cover credit card, debit card, ACH/eCheck, gift card, and contactless NFC payments. The company also provides payment gateways and virtual terminals, recurring and subscription billing, and online invoicing.
Banking Relationships
Bonita Payments operates as a registered ISO/FSP/MSP of Westamerica Bank, headquartered at 3750 Westwind Boulevard, Suite 210, Santa Rosa, California, and as a registered ISO of Citizens Bank, N.A., headquartered at One Citizens Plaza, Providence, Rhode Island. Both sponsor banks are FDIC members.
Pricing
Processing Rates
Bonita Payments does not publish a standard rate card. The company markets interchange-plus pricing and states that fees are set on a per-merchant basis. Third-party reviews report swiped, keyed-in, and virtual terminal rates falling in a range of approximately 1.00% to 4.99%, with the actual rate depending on business type, volume, and risk profile.
Other Fees
Monthly fees, account setup fees, batch fees, statement fees, and monthly minimums are reported as undisclosed or variable, set on a per-merchant basis at the time of underwriting. PCI compliance fees, early termination fees, and equipment lease terms are also reported as variable. According to user reviews and expert content, contract length is negotiated rather than offered as a fixed term.
Contact
Ownership/Leadership: Elliott Forman
Address: 650 Poydras Street, Suite 2315, New Orleans, Louisiana 70130
Phone: 844-650-1883
Website:bonitapayments.net
Recent User Reviews
Bonita Payments was easy to get started with, and they didn’t make the process overly complicated. We were up and running quickly, and everything has been running smoothly since. When we had a question about our statement, their team cleared it up right away.