Newtek Merchant Solutions Review

Discover Newtek Merchant Solutions' credit card processing services. Includes info on Newtek Merchant Solutions, review, pricing, and FAQs.

Updated on October 1st, 2020

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Updates:

Updated 24th of January 2020

We have updated our article's format as well as the pricing according to the latest amounts available on Newtek Merchant Services' website.

Newtek Merchant Solutions provides debit and credit card processing services, as well as gift card and loyalty programs. Newtek Merchant Solutions is the merchant services division of Newtek Business Services.

Pricing:

Newtek Merchant Solutions offers a flexible, tiered pricing structure starting at 1.59% per transaction.

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Newtek Merchant Solutions
Review:

Pros: No setup fees.

Cons: Customers unhappy about hidden and unexpected fees at times.

Bottomline: Well-established credit card processing services provider.

Key Information:

Legal Name

Newtek Business Services Corp.

Founder

Barry Scott Sloane

Founding Date

Jan 01, 1998

Address

1981 Marcus Avenue, Suite 130. Lake Success, NY 11042 United States

Number of Employees

109

Number of Customers

100000

Email

hello@newtekone.com

Telephone

1 (855) 763-9835

Website

https://www.newtekone.com/payments/

FAQs:

What is Newtek Merchant Solutions' price range?

Newtek Merchant Solutions offers a flexible, tiered pricing structure starting at 1.59% per transaction.

Can I get an account if I have poor credit?

It depends on your credit score. However, Newtek Merchant Solutions claims to have one of the highest approval rates in the industry, so even if you have poor credit you are still likely to get approved.

What are some Newtek Merchant Solutions alternatives?