BAMS Lowest Price Guarantee




As a major wholesale distributor of Merchant Services in the Payment Services Industry, Bank Associates Merchant Services takes great pride in the low prices and great values we offer our customers. We work hard to ensure that our product selection, product availability, reliable service and delivery, and superior customer service work together to create a great shopping experience. We also want our customers to feel confident that Bank Associates Merchant Services consistently offers great savings. For this reason, we offer our Low Price Guarantee.

 

If you find equipment priced at or below the total price you paid with BAMS (product price plus shipping and handling) anytime during the length of your merchant agreement with BAMS (typically 3 years) we will match the total price or gladly refund the difference. If you are offered a merchant account with a fee schedule lower than your agreement with BAMS, we will gladly match or beat the offer.

You are eligible for a price-match or refund if your request meets the following conditions:

  • Comparisons MUST include the product price plus shipping & handling charges when calculating the competitor's total price.
  • Comparisons MUST be from a registered financial service provider with credentials displayed clearly on their website, application and marketing materials.
  • Comparisons of merchant account fee schedules must be provided on official paperwork.Websites and proposals will not be accepted or considered for merchant account fee price-matches.
  • Our Low Price Guarantee applies only to retailers that have the identical product in-stock and the product is priced accurately.
  • Please be aware that Bank Associates Merchant Services does not accept price-match requests for re-manufactured, re-furbished or counterfeit products. 

To request a Low Price Guarantee match or a price quote please fill out the form below and a merchant account consultant will contact you within 1 business day. If you have any questions you can utilize our Live Chat feature to get the answers to your questions right away. To apply for a BAMS merchant account, please click here.
 

Comparison of Services and Fees


 

 

Services

Competition

           BAMS

Merchant Account Application Fee

$95-$250
Non-Refundable

Free

Setup Fee

$49 - $150

Free

Personal Account Representative

NO

YES

Equipment Programming and Shipping

Handled by Third Parties

We Do It All

Average Approval Time

1 - 2 weeks

Instant - 72 Hrs

Technical Support Hours

8am-8pm Monday-Friday

24 hours per day
7 days per week

Credit Restrictions

Broad Strict Guidelines

Fair Individual Approvals

Retail Discount Rate (Face-to-Face Sales)

1.95%

1.59% Credit/1.39% Debit

Internet/Mail/Phone Order Discount Rate

2.95%

2.19% Credit/1.99% Debit

Transaction Fee

$.25-$.50 cents per transaction

$.00-$.20 cents per transaction

Statement/Customer Service Fee

$12-$20 per month

$5.00 per month

Monthly Minimum

$25-$35

$25

Deposit Funding Time

48-72 Hours

Next Day Funding


No Annual Fees

 

No ACH Fees

 

No Batch Fees


* denotes required field

Your Name*
Your Business Name*
Contact Phone*
Existing BAMS Merchants Only: Your Merchant ID Number
Your E-mail Address*
Description of the price match you are requesting - include the product or service name*
1000 characters remaining
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