Beacon Payments, LLC

About Beacon Payments, LLC

Beacon Payments, LLC is an independent sales organization focused on providing payment processing solutions primarily for small to medium-sized businesses. They work as an intermediary between merchants and payment processors, facilitating a range of services like credit card processing, point-of-sale systems, and mobile payment options. The company emphasizes customized solutions to meet individual client needs, leveraging technology to streamline transactions and enhance operational efficiency. Beacon Payments engages in partnerships with various payment technology providers, enriching its service offerings while also focusing on compliance and security within the ever-evolving payment landscape. Their approach typically includes dedicated customer support to help businesses navigate payment challenges.

Pricing

Beacon Payments typically offers a range of fee structures for their payment processing services. They generally charge a transaction fee that can range from 2.5% to 3.5% per transaction, depending on the payment methods used and the type of business. Additionally, there may be a monthly fee ranging from $0 to $30 for account maintenance, along with potential gateway fees for online payment services, which can be around $10 to $25 monthly. Some businesses might also encounter an annual fee for PCI compliance, averaging about $100. Overall, businesses using Beacon Payments should expect to budget for a combination of transaction fees based on volume, monthly maintenance costs, and any specific fees tied to the services utilized, which can vary based on the specific agreement and projected transaction volume.