About Elite Merchant Solutions
Overview
Elite Merchant Solutions is a California-based merchant services provider that offers credit and debit card processing, point-of-sale equipment, ATM placement, electronic check conversion, gift card programs, and working capital advances to small and mid-sized businesses across the United States. The company was founded in 2002 and operates as a registered ISO/MSP of Woodforest National Bank in Houston, Texas.
In addition to its Los Angeles corporate headquarters in Woodland Hills, Elite Merchant Solutions maintains offices in Plano, Texas; Grand Rapids, Michigan; and Cartersville, Georgia. The company also operates 2A Pay, a payment processing program targeted at firearms and shooting-sports merchants.
Products and Services
Elite Merchant Solutions sells countertop and wireless terminals from Verifone and First Data along with Clover and Foundry point-of-sale systems. Other offerings include the EZ Check electronic check conversion program, Yiftee electronic gift cards, ATM placement through Nautilus, Tranax, and Genmega, and the American Express OptBlue program for card acceptance.
Pricing
Processing Rates
Elite Merchant Solutions does not publish processing rates on its website. The company markets itself as offering wholesale pricing with a customized quote for each merchant and advertises a best-price guarantee that promises a $500 gift card if it cannot beat a competitor's rate. Independent reviewers report that specific rate information is only available after requesting a direct quote.
Equipment and Other Fees
According to independent expert content, countertop terminals are available for purchase starting at $299, and qualified merchants have the option of borrowing a terminal at no upfront cost. Clover and other point-of-sale systems can be leased starting at $49 per month or purchased outright. User reviews and expert content report cancellation or early termination fees in the area of $500, along with complaints describing unexpected fees and difficulty closing accounts.
Contact
Ownership/Leadership: Justin Milmeister (Founder and President)
Address: 21800 Oxnard Street, Suite 960, Woodland Hills, CA 91367
Phone: (866) 822-2378
Website:elitedatacorp.com
Recent User Reviews
Elite Merchant Solutions got us up and running faster than we expected. Their team handled everything with professionalism, and anytime we’ve had a question, support has been quick and knowledgeable. It’s been a smooth experience from day one and our transactions are running perfectly.