Best Rate Merchant Service Review

July 25, 2022

Best Rate Merchant Service has been in business for more than a decade. It offers a wide variety of services that complement every business style. Aside from services and products to standard-risk firms, it is also a high-risk payment processing service provider with 24/7 in-house customer support.

Businesses must start to accept credit and debit card payments. Otherwise, they will lose the chance to grow their markets. Not only does Best Rate Merchant Service approves accounts within 24 to 72 hours, but it also guarantees a secure application process.

One of the things it is most proud of is its focus on the vape and e-cigarette industry. Many companies in this industry do not get approval from traditional banks. Best Rate Merchant Service solves that predicament for them with its payment gateways, merchant accounts, check processing, point-of-sale (POS) system, and chargeback prevention feature.



Best Rate Merchant Service Merchant Services

Credit Card Payment Processing

With Best Rate Merchant Service, businesses will be allowed to process credit card payments. The company said its payment gateway for this process is safe and secure since they are PCI compliant. Also, the service is not for credit cards alone. The company can also provide services for debit card processing.

High-risk Payment Processing

image of best rate merchant service credit card payment processing

If your business is considered high-risk, you have to look at the services by Best Rate Merchant Service. The company provides payment processing solutions for high-risk enterprises to market their products and services better. Here’s a list of the industries they can cater to:

  • E-cigarettes.
  • Bad credit.
  • Nutraceutical.
  • Credit repair.
  • Debt consolidation.
  • Multi-level marketing.

  • E-commerce.
  • Travel.
  • Tobacco and cigars.
  • Collection agency.
  • Online firearms.
  • Adult.

Best Rate Merchant Service Fees, Rates & Pricing

Processing Fees

There is no information about Best Rate Merchant Service’s pricing scheme and fees. There are, however, some reports that said the company imposes a 1.00% to 4.99% swiped rate and 1.00% to 4.99% keyed-in rate.


Additional Fees

The only additional fee found about Best Rate Merchant Service is the reported $700 early termination fee.

Hidden Charges

There are no reports about Best Rate Merchant Service’s hidden fees.


Best Rate Merchant Service Complaints

There are no formal complaints about Best Rate Merchant Service. However, someone did complain about the $700 charged for terminating the contract earlier.

Rip-Off Reports

There are a handful of past clients who called the company a rip-off. The complaints vary from funds being withheld to improper billing to poor customer service to nondisclosure of fees to poor support for employees.

Other Complaints

There are no other complaints about Best Rate Merchant Service.


Best Rate Merchant Service BBB Rating

image of best rate merchant service bbb rating

Best Rate Merchant Service has a listing on the Better Business Bureau (BBB) website. It has accreditation of A+, though the site said this is not based on customer reviews. As it stands, the company does not have reviews, complaints, or ratings on the site.


BBB is responsible for accrediting companies, including payment processing service providers. It gives a rating between A+ and F. Many merchants and customers feel the need to check BBB before entering into any agreement with a payment processor. For them, the BBB assures them that they have a group they can turn to if they need to file a complaint. They also sometimes leave good reviews on the BBB site.

BBB Reviews

There are no reviews about Best Rate Merchant Service on the BBB website.


Is Best Rate Merchant Service Legitimate?

Best Rate Merchant Service is a legitimate business with profiles on LinkedIn and other business networking sites. It also has profiles on Facebook and other social media platforms. However, there is also barely a mention of the company on popular online forums and review sites.

ScamAdviser gave Best Rate Merchant Service’s website a low score of 40/100. It tagged it as “suspicious website identified.” You have to be careful when browsing the website since it could be a scam. However, the site still has some positive highlights:

  • The site was set up several years ago.
  • There’s a valid SSL certificate.
  • There are online shopping features that are not scams.

The negative highlights are as follows:

  • The identity of the owner is hidden.
  • The Alexa ranking is low.
  • There are no reviews on popular sites.
  • The website is not optimized for search engines.
  • There are credit card charge prevention activities.


There are no scam reports about Best Rate Merchant Service on the internet. However, its website’s low trust score on ScamAdviser means that customers have to be careful when browsing the site.


Best Rate Merchant Service is not facing lawsuits.


Best Rate Merchant Service Customer Reviews

image of best rate merchant service customer reviews

Best Rate Merchant Service has client testimonials on its website. Merchants raved about how easy it was to get approved for an account, as well as to set up a payment system with the company. Many also left positive comments about Best Rate Merchant Service for addressing their concerns in the middle of the night.

On Facebook, it has a 3.7 rating based on six reviews. There are no details of these said reviews.



Best Rate Merchant Service is a legitimate payment service provider specializing in vape and e-cigarette accounts. Although there isn’t much information about it on social media, the company itself received good reviews and ratings on well-known sites. It was even A+ accredited by the BBB, so it’s safe to say that it is not a scam (although you have to be careful with browsing the website). Those in high-risk industries can check out the products and services of this company.

  • 0
  • Share:

Leave A Comment

You must be logged in to post a comment.