Overview
Netcom PaySystem is a merchant services provider headquartered in Alpharetta, Georgia that offers credit card processing and electronic payment services for small and mid-sized businesses across the United States. The company was founded in 1987 by Bill Plummer as Netcom Data Southern Corp. and has operated under the Netcom PaySystem name for the bulk of its history. Mike Plummer, the founder's son, serves as the current chief executive officer and oversees daily operations.
Ownership and Banking Relationships
In 2008, electronic payment services company United eSystems Inc. acquired Netcom, which has since operated as a wholly owned subsidiary. Netcom PaySystem is a registered Independent Sales Organization of Citizens Bank, N.A. of Providence, Rhode Island and of Fifth Third Bank, N.A. of Cincinnati, Ohio.
Products and Services
Netcom PaySystem sells countertop credit card terminals, point-of-sale systems, mobile payment readers, virtual terminals, and online payment gateways. The company also offers ACH and electronic check processing, gift and loyalty programs, and equipment programming and deployment support for merchants in retail, restaurant, and e-commerce environments.
Pricing
Netcom PaySystem does not publish a complete rate card on its website. Pricing is quoted per merchant and depends on industry, monthly volume, and ticket size.
Processing Rates
Reported by user reviews and expert content, the company's standard offer is an interchange-plus pricing model with a markup advertised at approximately 0.75 percent above interchange. Effective rates for swiped credit card transactions are commonly reported in the range of about 2.5 percent to 3.5 percent depending on card type, transaction method, and the merchant's qualified rate category.
Other Fees
Reported by user reviews and expert content, Netcom PaySystem charges a monthly PCI compliance fee of approximately $9.95 and a monthly service fee that varies by account, with some merchants reporting figures in the range of $10 to $30. Gateway services for online processing are typically billed separately. The company advertises month-to-month agreements with no early termination fee, no annual fee, and no monthly transaction minimum.
Contact
Ownership/Leadership: Mike Plummer
Address: 5755 North Point Parkway, Suite 242, Alpharetta, GA 30022
Phone: 800-875-6680
Website:netcompaysystem.com
Merchant Reports
Write a review →Netcom PaySystem helped us switch providers with minimal friction. The setup was done faster than expected, and we appreciated how they explained things without pushing unnecessary services. It’s been a steady system with no billing surprises.