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goEmerchant

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6.2

Overall Score

Author: Kaitlyn Short

LAST UPDATED: June 28th, 2019

Founded in 1995, goEmerchant has been a key player in the credit card processing and merchant services industry and has led in revolutionary innovations. goEmerchant is responsible for the creation of the industry standard "Buy-Me Button" which created a more secure and simple way to process payment. The company continues to push industry standards and provide a quality service to its merchant account customers.

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The Good

  • Innovative Technology
  • Multiple Payment Options
  • Low Percentage of Sales Fee

Innovative Technology

Merchants have been using goEmerchant services for over two decades due to the company's innovative technology, flexibility, and processing solutions. Its services are geared to assist developers, partners, and business owners.

Whether you are a developer, partner, or business owner, there are common characteristics of goEmerchant's services that will appeal to you. Benefits of goEmerchant services include the following:

  • Cloud-based analytics
  • Fast and reliable transaction processing
  • User-friendly and affordable
  • 24/7 operation
  • Security with Point to Point encryption

The goEmerchant payment processor service was built with developers in mind. The company has focused on making its payment processing services easy to integrate with live technical support. Developers can also take advantage of the following:

  • REST API and Client Libraries
  • P2PE Security and Tokenization
  • SDK for EMV readers

For partners, the goEmerchant service provides a level of flexibility in an attempt to help revenue and business grow. This flexibility allows for independent software vendors to utilize the following:

  • Recurring billing
  • Revenue optimizer
  • Fast merchant boarding

Business owners can be assured that the payment processing solutions are easy, but include advanced features. The company acts as a provider in the following ways:

  • EMV POS - Mobile - Terminals
  • eCommerce Provider
  • Merchant Service Provider

Payment Options

Additionally, the purchasing process is made easy with a number of payment options. Credit card processing, debit cards, Apply Pay, and ACH are all accepted forms of payment with goEmerchant. Other payment solutions include integrated payments, iPad POS systems, EMV, and Mobile.

  • iPad POS System and Cash Register - allows for flexibility as customers can make purchases from various venues such as farmers markets or trade shows. Cash, credit card, gift cards, and custom payment processing are also available. This system comes with an iPad stand, credit card swiper, cash drawer, bar code scanner, and receipt printer.
  • Mobile - the mobile option provides secure credit card processing for payment transactions. Additional functionality includes: end to end encryption, user logins and authorizations, exceeded PCI standards, and encrypted Android, iPad, and iPhone credit card reader.
  • EMV - the EMV credit card processing system includes fraud-reducing chip technology that protects both businesses and consumers. It also prevents shifts in liability and accepts various forms of payment like chip cards, contactless, and mobile. EMV also enables cardholders to use secure EMV payment cards globally. This will help increase revenue due to the acceptance of international cards.

Percentage of Sales

GoEmerchant has a relatively good starting percentage of sales concerning mobile payments in comparison to its competitors. The company advertises this percentage of sales on its Mobile Payments page as a rate quote amount per transaction. The percentage of sales that goEmerchant advertises benefits consumers by providing low transaction fees.

  • The company's starting percentage of sales is approximately 0.89%.
  • In comparison, goEmerchant's competitors such as Leaders Merchant and Flagship Merchant Services, have significantly different starting percentage of sales. Leaders Merchant has a starting percentage of sales of 0.79% while Flagship Merchant Services rests at 0.38%.
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The Bad

  • Limited Information

Lack of Information on Website

There is little information on the website of the payment processing company in terms of transaction fees. This requires the consumer to receive a quote in order to learn about the company. This can be an obstacle to some.

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The Bottom Line

Though the company does lack some important information on its website, its innovative technology and variety of payment options makes it a great merchant service provider for any merchant. As always, check out the merchant services reviews for relative company information from peers. If you are looking for a merchant provider with low credit card transactions and other transaction fees, goEmerchant may be the right option for you.

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Star Rating

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4.7

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31 Reviews

Review Breakdown

5 grade

84%

4 grade

10%

3 grade

0%

2 grade

0%

1 grade

6%

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Julia Lenexa, KS

stay away!!! Fraudulently increased my fees against my contract and wouldn't stop the auto payments. Worst decision I've made as a small business owner.

7 years ago

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Chris Hyannis, MA

Very shady company. I wouldn't use them unless I had to.

8 years ago