eData Financial Group Review

eData Financial Group prides itself on being a professional business-to-business expert, financial services provider, finance consultant, and payment processing company. It offers these services to businesses of all sizes. The goal of the company is to help small, medium, and large businesses maximize their potential.

The company has a range of products and services that can help companies reach their full potential. However, this does not mean that it requires long contracts. This is one of the advantages of eData Financial Group—it can work with any business, including companies that cannot afford long-term contracts.

Here are the products and services that eData Financial Group offers:

 

  • Sales
  • Customer acquisitions
  • Strategy
  • Marketing

  • SEO
  • Social media management
  • Worldwide merchant processing

eData Financial Group has a holistic perspective. It makes sure that no money falls into the gaps of wrong payment systems and methods.

 

eData Financial Group Merchant Services

Credit Card Payment Processing

eData Financial Group can allow any business to accept major card companies such as Visa, Mastercard, American Express, and Discover. There are also systems for face-to-face transactions such as Swiped, EMV or NFC, and Apple Pay. Merchants can use their smartphones and tablets.

High-risk Payment Processing

The company also provides payment processing for high-risk businesses. These are the sectors that eData Financial Group has worked with in the past:

  • Cannabis/marijuana
  • E-commerce
  • Events
  • Finance

  • Gaming
  • Sportsbook
  • Casino
  • Web and interactive

Mobile Payment Processing

image of edata financial group mobile payment processing

Businesses must be able to accept payments no matter where they are. This means attending outdoor exhibits and events. eData Financial Group can turn any mobile device into a card reader. As long as the devices have 4G and WiFi connectivity, they can process card and non-traditional methods of payments.

Automated Clearing House

Businesses usually pay using checks for B2B transactions. Merchants should be able to process and clear checks as soon as possible, so the funds can be deposited straight into their accounts. eData Financial Group also has an ACH for safer, quicker, and easier cashless transactions.

 

eData Financial Group Fees, Rates & Pricing

Processing Fees

eData Financial Group does not publish its processing fees, rates, and pricing. One review site said the company’s rates start at 0.15%.

Additional Fees

There is also no information about any additional fees.

Hidden Charges

There are no reports that eData Financial Group has hidden charges.

 

eData Financial Group Complaints

There are no formal complaints filed against eData Financial Group. Even though it has a rating on the Better Business Bureau (BBB), there are no customer reviews or complaints on the website.

Rip Off Reports

There are no rip-off reports about eData Financial Group.

Other Complaints

There are no other complaints about eData Financial Group.

image of e data financial group has no complaints

eData Financial Group BBB Rating

eData Financial Group is listed on the Better Business Bureau (BBB) website. It is not accredited by the bureau, but it has a rating of A+.

BBB Reviews

Even though eData Financial Group has a listing on the BBB website, it doesn’t have complaints or reviews on the site.

 

Is eData Financial Group Legitimate?

eData Financial Group doesn’t have much presence on the internet. Its Facebook page only has nine followers. The last time it was posted on that account was in 2012. Even after a thorough search on the internet, there’s not much about the company on common review sites and online forums.
ScamAdviser gave eData Financial Group’s website a fair trust score of 76/100. This means that it has a medium to low risk when it comes to scams. It is fairly safe to browse the website. The positive highlights are as follows:

  • The site has been set up for several years.
  • There’s a valid SSL certificate.
  • There are online shopping features.
  • The website offers a money-back guarantee feature.

However, there are also negative elements of the website. These are:

  • The owner of the website’s identity is hidden.
  • The Alexa rank is low.
  • The company has no reviews on common review sites.
  • The website is not optimized for search engines.
  • It is a possible gambling website.

Scams

There are no scam reports about eData Financial Group. Though ScamAdviser warned internet users against the lack of reviews about eData Financial Group, it still gave the company a fair trust rating.

Lawsuits

There are no lawsuits filed against eData Financial Group.

 

eData Financial Group Customer Reviews

image of e data financial group customer reviews

eData Financial Group has published client testimonials on its website. They rave about the creative and technology-driven solutions of the company and say there is no other payment processor like it. Many of them also say that eData Financial Group was able to set up merchant accounts that improved their business operations.

Another merchant also talks positively about the company’s chargeback and fraud prevention features because these saved them a lot of money. The merchant calls eData Financial Group a “real pro” for their timely payout and comprehensive reports.

 

Conclusion

It is difficult to recommend eData Financial Group because it does not have much presence on the internet. However, it has an A+ rating on BBB, so that should inform merchants of the legitimacy of the company. There are several testimonials on the website, too, so these are good signs of what eData Financial Group can offer. The company has been in business for more than 10 years, so it’s safe to say that it has enough experience to deliver any merchant’s desired output.

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