Best

Top 10 Hospitality & Lodging - ACH Processing

Best Hospitality & Lodging - ACH Processing - June 2016

UPWARD
TREND
DOWNWARD
TREND
NO
CHANGE
 
 

Rank

Company Name

Year
Founded

Revenue

Fulltime
Employees

Active
Clients

Client
Retention
Rate

Pricing

Major Clients

Other Core
Services

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

Overall Score

0
100
 
G
VG
E
 

Change in Rank

Leaders

1

Optimus Merchant

Ben Griefer's
818-338-8407
More info

Visit Website

N/A

Above $10 million

100 - 250

100+

H

 

100

 

100

 

100

 

100

 

100

100%

NC

 

2

Renasant Bank Tupelo

Michael Sims
800-680-1601
More info

Visit Website

1904

Above $10 million

1K - 10K

100+

H

 

100

 

99

 

100

 

100

 

99

99.6%

NC

 

3

2004

Above $10 million

25 - 100

100+

H

 

99

 

98

 

100

 

98

 

100

99%

NC

 
Strong Performers

4

American Hotel Register Company Vernon Hills, IL

Angela Korompilas
800-698-4005
More info

Visit Website

1865

Above $10 million

250 - 1000

100+

H

 

96

 

99

 

100

 

97

 

100

98.4%

NC

 

5

Franchise Payments Network Orlando, Florida

Thomas Epstein
(866) 420-4613
More info

Visit Website

1969

1

H

 

97

 

97

 

100

 

96

 

100

98%

NC

 

6

Card Systems Cape Coral

Chandra Spary
866-207-3298
More info

Visit Website

N/A

Above $10 million

100 - 250

100+

H

 

96

 

98

 

97

 

99

 

95

97%

NC

 
Contenders

7

EXPREZTO PAYMENTS CA

Curt Ranutte
888-780-6326
More info

Visit Website

2003

Above $10 million

25 - 100

100+

H

 

95

 

97

 

96

 

98

 

94

96%

NC

 

8

NXGEN USA Whitefish

Colette Chester
866.863.9977
More info

Visit Website

2002

Above $10 million

25 - 100

100+

H

 

96

 

94

 

96

 

94

 

97

95.4%

NC

 

9

CLICK N SWIPE West Hollywood


888-853-2172
More info

Visit Website

2003

$5 million - $10 million

100+

H

 

93

 

96

 

95

 

93

 

96

94.6%

NC

 

10

CardFellow Middletown, Connecticut

Benjamin Dwyer
800-509-4220
More info

Visit Website

2006

$1 million - $3 million

3

40+

90

H

Confidential

 

93

 

92

 

94

 

95

 

94

93.6%

NC

 
Evaluation Criteria: Hospitality & Lodging - ACH Processing
Competitive Rates

ACH processing solutions provide businesses with a safe and secure method of processing their clients payments. It is important for the service to be provided with rates that are competitive with others in the marketplace to ensure their merchants are benefiting from the service. Services which charge rates which are too high for the merchants will negatively impact their ability to grow and expand in the future.

Reliability

Due to the very nature of the automated clearing house it is important for the payment processing solutions offered by the ACH processing company to be reliable in nature. Their ability to process the information of a payment accurately is as critical as their ability to ensure their solution is always available. Non-reliable ACH processing companies can potentially damage their merchants reputation with clients.

Efficiency

ACH processing services are renowned for their efficiency. As a result, the bar is set fairly high for ensuring that the payment processing solution is efficient in nature. Accepting an ACH payment from a client should be a quick and efficient process requiring a minimal amount of human intervention to both accept the payment from the client and to verify the information provided by the client for fraud detection purposes.

Variance

Not all merchants have the same needs and requirements. It is important for ACH processing companies to take into consideration how different businesses operate and how different businesses receive their payment information from their clients. It is important for each payment processor to offer merchants different ways of obtaining payment information and different ways of relaying it to the automated clearing house.

Customer Support

A customer support team should be made available to merchants which have questions and concerns about their payments. The service should be provided alongside helpful and extensive information about how the process works and when to expect the payment to clear to ensure minimal confusion with the service. We analyze how quickly, on average, the customer support team resolve their issues.

 
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