We Do Things

A Little Different

With over 30 years of payment processing industry experience both in the low and high risk sectors, we’ve seen all the frustrations business owners deal with day in and day out just to give their customers the ability to pay with their cards. Everything from confusing rate structures and hidden fees to bait and switch tactics and aggressive salespeople that don’t cater to their customers needs.

30 Years in Industry

What’s Our Story

After working with a large processor for over 30 years, it became apparent to us that merchants need help finding the best solution for their business. Between all of the deceptive practices by larger organizations and nonexistent customer support, we decided that enough was enough. Therefore, we started Vector Payments; to provide transparent rates and fees while working alongside each and every one of you to help you understand this industry and grow your business!

Payment Processing

WHO WE SERVICE

Whether you’re an easy to place business looking for reduced rates and fees along with better service or a hard to place business simply in need of a payment processing solution that’ll stay on so you can run your business, we’ve got you covered! We’ve formed multiple strategic partnerships with banks across the world to ensure we have a safe home for you regardless of the types of products you sell.

HARD TO PLACE BUSINESSES (HIGH RISK)

High risk businesses are ones that are usually card not present (E-Commerce) however card present (swiped/inserted) sales may apply as well. What makes a business “high risk” is the specific industry or product sales, high chargeback ratios, and services that are rendered 90-days or later.

BUSINESSES (HIGH RISK)

Cannabis, CBD, Nutraceuticals, Travel, Online guns and ammo, Tribal, Collections, IT support, online pharmacy’s, Payday loans, Online tobacco/Vape/E-Cigs, Financial services, Forex, among others

EASY TO PLACE BUSINESSES (LOW RISK)

Low risk businesses are ones that are usually card present (swiped/inserted) with low average sale amounts, minimal chargebacks (disputes), and services that are rendered in 90-days or less.

BUSINESSES(LOW RISK)

Restaurants, Cafes, Auto repair, Gyms, etc.