About Host Merchant Services
Overview
Host Merchant Services is a payment processing company headquartered in Newark, Delaware. The company was founded in 2010 by Lou Honick, who previously founded the web hosting company HostMySite.com. Host Merchant Services is a Registered Independent Sales Organization with Visa and Mastercard, sponsored by Wells Fargo Bank in Walnut Creek, California.
The company provides credit and debit card acceptance for small and mid-sized merchants. Its product set includes countertop and wireless terminals, virtual terminals, mobile card readers, e-commerce gateways, ACH processing, recurring billing, and invoicing. Host Merchant Services supports point-of-sale platforms including Clover, SwipeSimple, Dejavoo, and Korona, and serves customers in retail, hospitality, healthcare, and professional services.
Pricing
Processing Rates
Host Merchant Services prices on an interchange-plus model. Published rates differ by business category: retail accounts are quoted at interchange plus 0.25% and $0.10 per transaction, restaurant accounts at interchange plus 0.20% and $0.09, and e-commerce accounts at interchange plus 0.35% and $0.10. The published tiers are aimed at merchants processing more than $10,000 per month; lower-volume accounts are typically quoted higher markups.
Other Fees
The monthly account fee is reported by user reviews and expert content at roughly $10 to $14.99, depending on the plan. There is no application fee, no setup fee, no PCI compliance fee, and no early termination fee. Optional add-ons include a payment gateway at about $5 per month and an annual 1099 reporting fee.
Contact
Ownership/Leadership: Lou Honick
Address: 250 Corporate Blvd, Suite L, Newark, DE 19702
Phone: (877) 517-4678
Website:hostmerchantservices.com
Recent User Reviews
Host Merchant Services has been easy to work with from day one. The setup was quick, their team answered every question clearly, and there haven’t been any surprises on our statements. Everything just works.