Tribul Merchant Services Review

Tribul Merchant Services Review

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Overview:

Tribul Merchant Services is one of the new fishes in this huge sea of credit card processing companies. Do passing a definite judgment about them would be something insane to do. Established in the year 2007, they are relatively new in BBB as well.

Tribul also works with independent sales agents but you need to look into some press releases to confirm that little detail. However, if we read what RipOffReport have to give we will notice that there is some sort of struggle going within the company itself; and the contenders are none other than the owners and some former sales representatives.

Another press release issued about Tribul says that they are endeavoring to work with Customer Relationship Management. This shows their interest in the customer department and their aims to attract more to their company.

Tribul gets 3.5 out of 5.

Date Established:
2007.

Location:
New York, New York.

Domain Name(s):
www.tribulonline.com.

Parent/Partner Company:
Their parent company is Outside Ventures LLC and they have a few other sister companies, once of which is Business Payment Systems (BPS).

Type:
Registered ISO/MSP.

Acquiring Bank(s) (Acquirer):
Their website mentions both Harris Bank and Bank of America as the acquirer.

Payment Processor(s):
Chase Paymentech.

Payment Gateway(s):
Authorize.net or USA

Trust Symbols:
Here is the Tribul Merchant Services BBB profile. They have an “F” rating (as of this review), and have had 1 complaint in the last 36 months.

Negative Reviews:
Check out RipOffReport.com. As of writing this post, they have 5 negatives and all are from ex-employees of the company.

Common Complaints:
The only thing in common with all of the above complaints are that they come from past sales agents.

Verifiable Testimonials/References:
None listed. Come on guys, get with the program.

Security/Privacy:
No third-party security (i.e. McAfee, Verisign or Truste).

Customer Service:
I haven’t dealt with these guys personally so user comments in this area would be great.

Contract Duration:
3-years.

Cancellation Fee:
$350 if you cancel before the 3-year term.

Interchange-Plus Pricing:
Tribul does offer its merchants interchange-plus pricing, so be sure to ask for it.

Seasonal Downtime:
Tribul also offers seasonal downtime.

Product/Service Offering:
Credit Card Processing, Check Guarantee, Prepaid Services, Gift Card & Loyalty, ATM Sales & Leasing, ACH Program, e-Commerce & Web Hosting, Cash Advance.

Product/Service Specialty:
None

 

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