The Ultimate Guide to Credit Cards
Monday, May 20, 2024

Merchant Maverick: In-Depth Reviews on Credit Card Processors, Payment Platforms, and Other Valuable Merchant Services

Merchant Maverick Reviews Merchant Accounts And Software
Ashley Fricker

Written by: Ashley Fricker

Ashley Fricker
Ashley Fricker

Ashley Fricker has more than a decade of experience as a finance contributor and editor, and has specialized in the credit card industry since 2015. Her credit card commentary is featured on national media outlets that include CNBC, MarketWatch, Investopedia, and Reader's Digest, among many others. She has worked closely with the world’s largest banks and financial institutions, up-and-coming fintech companies, and press and news outlets to curate comprehensive content and media. Ashley holds a bachelor's degree in multimedia journalism from Florida Atlantic University.

See full bio »

Edited by: Lillian Guevara-Castro

Lillian Guevara-Castro
Lillian Guevara-Castro

Lillian Guevara-Castro brings more than 30 years of editing and journalism experience to the CardRates team. She has written and edited for major news organizations, including The Atlanta Journal-Constitution and the New York Times, and she previously served as an adjunct journalism instructor at the University of Florida. Today, Lillian edits all CardRates content for clarity, accuracy, and reader engagement.

See full bio »
Advertiser Disclosure

In a Nutshell: Merchant Maverick reviews an assortment of products that businesses need including merchant accounts and business software. Amad Ebrahimi founded this site in 2009 after searching in vain for a decent merchant account provider, discovering the need for a resource that details the features, rates, contracts, transparency, and overall customer friendliness of top companies in the industry. Now Merchant Maverick’s in-depth reviews cover hundreds of companies in 20 categories, offering charts that compare the pricing, ease of use, customer service, and other pertinent details of a company. Thus armed with accurate information, merchants can choose providers and services more easily.

Amad Ebrahimi is a problem solver. With a background in online marketing and ecommerce, he’s all about using the web to come up with valuable solutions.

Years ago, he came up with the idea for a travel website — not realizing how arduous a task it would be just to get his business off the ground. He and his business partner ran into a dilemma when trying to obtain a merchant account. Search as hard as they might, the duo found only deceptive rates and sleazy salesmen.

“My business partner would tell me how shady some of these guys seemed,” Ebrahimi remembers. “He was having a difficult time finding a reputable credit card processor.”

Amad Ebrahimi

Amad Ebrahimi founded Merchant Maverick in 2009 to help business owners.

Frustrated, they ended up not finding a provider at all and eventually scrapping the whole venture. Even in defeat, Ebrahimi saw an opportunity: He could help other businesses get through this process more painlessly. To counter the merchant industry’s dishonest marketing and misinformation, he created a reviews site that today is filled with hundreds of product assessments.

“My motivation for starting Merchant Maverick was to provide very detailed and in-depth reviews,” he said, “so that our readers make more informed decisions about what vendors to use.”

In 2009, Ebrahimi created a review site for merchant accounts and credit card processing. It wasn’t long before Merchant Maverick began branching out to cover companies in a number of other verticals. Today the website covers 20 different areas. Now, the site’s visitors can delve into topics such as inventory software, website builder software, and mobile payments. A resource of hundreds of reviews, Merchant Maverick boasts helping well over 1 million business owners.

“I wanted to balance the information asymmetry where the seller always knows more than the buyer,” the Founder said. “I wanted to make a website to call out the guys doing the shady advertising tactics and give praise to the guys who’re really trying to do it right.”

Hundreds of Expert Reviews in 20 Different Areas

From merchant accounts, Merchant Maverick has expanded its content to research booking software, inventory software, and loyalty rewards software. Recently, Ebrahimi said the website added two more verticals to its stable of expert review topics — money transfer and business credit cards. He said in the past two years, the amount of traffic to Merchant Maverick has doubled.

Ebrahimi chalked this impressive boost to greatly expanding what was once an 18-person team of writers and editors.

“We’ve hired more writers, more editors, and we’re putting out more content on a regular basis,” he said. “Having more content and establishing even more authority on these topics has led to a significant uptick in our readership, which we were very happy to see.”

Merchant Maverick Reviews Screenshot

With a personable tone and in layman’s terms, Merchant Maverick reviews dissect a product for merchants.

While putting out a steady flow of content is key, Ebrahimi makes sure writers for Merchant Maverick have enough time to conduct the in-depth research necessary to produce a high-quality review. Ebrahimi said that he encourages his team to engross themselves in their assignments. This can include using a free trial, comparing prices, and speaking with the company itself. Such a thorough investigation leads to higher quality reviews that are detailed and informative reads.

“We spend hours and hours testing the software,” the Founder said. “I give my writers free rein to use the product for as long as they need to and research the company for as long as they need to until they come out of there knowing the product inside and out.”

Ebrahimi’s team does its homework and rigorously probes each company. They put every relevant detail under a microscope and then deliver a “Final Verdict” in easy-to-understand terms. With an engaging tone, the writers highlight a company’s rates and services so that business owners know what they’re getting.

“At Merchant Maverick, we really dive into these products,” he said. “We want to become experts in the product. If any review is going to be copied, it’s going to be our review — because we’re the most accurate and in-depth.”

Ebrahimi said the company has also been ramping up its public relations efforts to help get the word out about the website, which has also contributed to its increased readership.

“We’ve been getting our name out there as best we can,” he said. “We’re putting out all this great content for business owners, and we want to make sure they have a chance to see it.”

Ebrahimi’s Advice to Merchants — 4 Things to Look For

Educating business owners is a primary goal of Merchant Maverick. The website offers reliable data to inform readers about the best and worst practices of a company. After going through all this content, a person will hopefully come away with a full understanding of what to expect.

“We get hundreds of thousands of people who come to our website and read our reviews,” Ebrahimi said, “so when they step into that arena, they know what they’re talking about.”

Educated and informed merchants are much less likely to be fooled by dishonest sales tactics. Merchant Maverick’s Founder pointed out four aspects of a vendor’s business model that are important to scrutinize before signing a contract.

1. Transparency

First and foremost, Ebrahimi told us that transparent practices are critical. “From years and years of researching different credit card processors, what I’ve learned is the ones that have the least to hide are the most reputable,” he said.

In his experience, the company’s transparency is translatable to how that company is going to work with and serve the customer. It’s shorthand for a credit card processor’s priorities: Is it important to make the merchant happy — or not?

Look for providers that are upfront about the fees. All rates should be clearly explained on the website. If the provider is any good, they’ll want to educate the customer to make an informed decision.

2. Fair Rating Structure

Interchange-plus pricing gets the most praise from Merchant Maverick. Transparent and fair, this pricing model works by adding a flat margin on top of Interchange. Because the margin is constant, smaller merchants are not penalized for processing smaller amounts. This equitable system encourages merchants to price items fairly.

“Interchange pricing is the only pricing,” Ebrahimi said. “Interchange-plus pricing is the most important pricing structure that I would recommend to a merchant.”

3. Bogus Fees

An early termination fee can be exceptionally crippling, Ebrahimi explained, because businesses don’t plan on terminating early but sometimes have to due to unforeseen circumstances. If you have to declare bankruptcy, for instance, paying an early termination fee to cancel your contract can be financially demoralizing.

“Early termination fees are so bad because a lot of merchants don’t even know they’re stuck in them,” Ebrahimi said, “until it’s too late.”

He emphasizes avoiding “bogus fees” and not getting locked into paying a fee for no services. He lists the gratuitous fees that can get tacked on unnecessarily: early termination fees, annual fees, application fees, and monthly minimum fees. These added costs pile up on small business owners but do not bring any extra benefits.

4. Attentive Customer Support

Customer support is often overlooked when searching for a credit card process, but it’s a nice touch. An entire section of Merchant Maverick’s company review is based on how the team handles its customers. The reviewer will touch on how responsive the phone and email support is. Those with faster technical support get higher ratings.

“I’ve noticed some teams really go above and beyond with customer service,” Ebrahimi said. “The merchants that work with them love it and are lifetime customers as a result.”

Added Services Offer Expert Consulting and Fee Negotiation

For any business that needs some extra handholding when picking out a provider, Merchant Maverick has a consulting service available online. A customer support rep answers specific questions and makes recommendations based on the customer’s needs. This is a free service — no consulting fees required.

To get knowledgeable advice on which merchant account provider is best or which inventory software will fit your business, send a message through a simple online form. Any and all questions are welcome.

Merchant Maverick Comparison Chart Screenshot

In addition to its comprehensive reviews, Merchant Maverick offers help as consultants and negotiators.

Going a step farther, Merchant Maverick also offers help in negotiating a fair rate. After looking at your statements, an experienced rep will judge whether your rates and fees are fair. The team is well-accustomed to analyzing and comparing rates and can quickly give you an idea of what’s reasonable to expect from a vendor.

Should your rates be deemed too high, these experts will get to work on your behalf, negotiating with your processor for a better deal.

You’ll only be charged for this negotiation service if they are successful is reducing your fees. You’ll pay 50% of the savings for a period of 24 months. After that, the savings are yours.

With helpful services, this review site steps up its game to provide easy solutions for merchants trying to choose the best products and get the best rates.

Read Merchant Maverick and Make an Informed Choice

By building a comprehensive resource for merchants, Ebrahimi has helped over 1 million businesses avoid the frustrations he endured trying to find a reputable service. With reviews and comparisons, Merchant Maverick clearly explains what a merchant account provider, small business lender, and software provider has to offer.

Merchant Maverick LogoThis team has tested out hundreds of products so that you don’t have to. After reading through these assessments, people come away with a complete understanding of what rates and services to expect.

“We’re doing the work for the business owner,” Ebrahimi said. “Instead of them having to do all this research, they can sit for one afternoon and read through half a dozen of our reviews and get a good idea of what’s going to be the best fit for their business.”

Advertiser Disclosure is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation for referrals for many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across (including, for example, the order in which they appear). does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.