Gravity Payments

About Gravity Payments

Gravity Payments is a payment processing company that focuses on providing merchant services, particularly tailored solutions for small and medium-sized businesses. They offer a range of services including credit card processing, point-of-sale systems, and various payment technology integrations designed to streamline transactions for their clients. The company is known for its transparent pricing model and emphasis on customer support, which aims to help businesses navigate the often complex landscape of payments. Gravity Payments also advocates for fair pricing practices in the industry, pushing for ethical standards and competitive rates, which is appealing to businesses looking to enhance their financial operations without hidden fees.

Pricing

Gravity Payments, an ISO company specializing in payment processing solutions, typically charges fees that include transaction fees, monthly fees, gateway fees, and annual fees. For instance, transaction fees can range from 1.5% to 3.5% per credit card transaction, depending on the type of card used and the merchant’s specific agreement with Gravity. Monthly fees are generally around $10 to $30, covering account maintenance and support. If a business requires a payment gateway, Gravity may charge an additional monthly gateway fee of approximately $15 to $25. There may also be annual fees, which can vary, but are often around $100 if applicable. Overall, Gravity Payments aims to provide transparent pricing with no hidden fees, making it essential for potential customers to review their specific pricing structure to understand the complete cost implications tailored to their business needs.