Preferred Merchant Services, LLC fees & rates information comments reviews feedback

May 11,2026
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Preferred Merchant Services Merchant Service Review

   
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What Preferred Merchant Services, LLC Appears to Offer

Preferred Merchant Services provides a full range of payment processing solutions, including credit card terminals, mobile payment capabilities, integrated point-of-sale (POS) systems, and online virtual terminals. Their solutions are designed for both in-person and e-commerce transactions, offering features such as next-day funding, chargeback protection, free chip card readers, and integration with the Clover POS product suite. The company also promotes no setup fees, no cancellation fees, and industry-leading 24/7/365 support.

Who They Serve / Typical Merchant Types

The company targets a broad cross-section of U.S. businesses: retail stores, restaurants, online merchants, and service providers. Their ability to connect with most legacy POS systems and the availability of multiple processing options make them accessible to both small and large merchants.

Where They Are Based

Headquartered at 79 Madison Avenue, New York, NY 10016-7802, United States.

Phone Number

Contact: 877-767-2500

How Long in Business

Founded in 2010, Preferred Merchant Services brings over 16 years of experience to the payment processing industry.

What Merchants Should Verify

  • Processing rates and all fees, including monthly/annual, PCI, batch, and gateway charges
  • Contract length, early termination fees (ETF), and any clauses for automatic renewal
  • Details of any equipment (e.g., "free" terminals or chip readers) and potential lease terms
  • Funding speed and hold policies, especially for new businesses or high-risk categories
  • Chargeback and fraud support capabilities
  • Customer service availability and escalation procedures

How to Evaluate Them

  • Ask for full disclosure of all pricing and contract terms in writing
  • Request sample statements to understand actual costs
  • Clarify whether rates will change after an introductory period
  • Verify consistency between sales promises and the final contract
  • Check for complaints about fund holds, cancellation policies, and support responsiveness

Share Your Experience

If you have worked with Preferred Merchant Services, LLC, please leave an honest review describing your experiences-whether positive or negative. Mention fee/rate details, customer service, contract and equipment lease terms, support for chargebacks and funding holds, and the ease of cancellation. Share specific dates and information when relevant, but do not include sensitive card numbers or Social Security information.


Read Reviews and Opinions about Preferred Merchant Services
Leave Customer Feedback about the Service Provider Preferred Merchant Services
Complaints, Information, Sales Practices of Processor Preferred Merchant Services
Small Business Merchant Services from Preferred Merchant Services
Cancel, Switch from Merchant Account Preferred Merchant Services
Preferred Merchant Services Sales and Customer Support for Small Business
Preferred Merchant Services Shutoff, Closed, Cancelled, Denied
Does Preferred Merchant Services Take High Risk Merchant Accounts?
How To Cancel Your Merchant Account with Preferred Merchant Services
Preferred Merchant Services Rates and Fees Too High? Is Preferred Merchant Services a Ripoff or Scam?

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Share your comments about Preferred Merchant Services, complaints, honest opinions, service levels from merchant account Preferred Merchant Services. BBB Reviews for Preferred Merchant Services. Lookup information on Preferred Merchant Services. Is Preferred Merchant Services legit or a scam? Find an alternative solution to Preferred Merchant Services. Have you been Shutoff, Closed, Denied, Cancelled by Preferred Merchant Services? Leave a review for Preferred Merchant Services? Post your experiences with Preferred Merchant Services on Sales Practices, Length of Contract, Hidden Fees, Early Termination Fees, Problems with Preferred Merchant Services, Chargebacks, Preferred Merchant Services Annual Fees, Transaction Rates, Contracts, Contacts, Support, Customer Service for Preferred Merchant Services. Credit Card Processor Providers that have better rates then Preferred Merchant Services. Does Preferred Merchant Services Support High Risk merchants? Post your customer ratings and review of Preferred Merchant Services below.

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