In this review of Gulf Management Systems, we will provide a detailed overview of the company's payment processing solutions, including credit card processing, ACH transfers, and point-of-sale systems. We will discuss the pricing structure, contract terms, and customer feedback to give you a clear understanding of what Gulf Management Systems offers. Additionally, we will examine the transparency of their fees, the quality of their customer support, and the overall satisfaction levels reported by their clients. By the end of this article, you will have a comprehensive understanding of whether Gulf Management Systems meets your business's payment processing needs.
About Gulf Management Systems
Founded in 1992, Gulf Management Systems is a merchant account provider that serves most standard-risk business types. The company is a registered agent of Strategic Payment Systems, which is itself a reseller of WorldPay, so it is likely that Gulf Management Systems is partnered with WorldPay for its backend payment processing.
Gulf Management Systems provides payment processing services that accept all major credit and debit cards. These services are designed to handle a high volume of transactions securely and efficiently.
EMV Card Readers and Swipers
The company supplies EMV card readers and swipers for secure payment processing. These devices are capable of reading chip-enabled cards, which helps reduce the risk of fraudulent transactions and ensures compliance with industry standards.
POS Solutions
Gulf Management Systems offers point-of-sale (POS) solutions that cater to the diverse needs of businesses. Their POS systems support sales transactions, inventory management, and customer relationship management.
Mobile Payments
Gulf Management Systems also offers mobile payment solutions. These allow businesses to accept payments on-the-go, which is useful for those operating in dynamic environments such as pop-up shops, events, or mobile services.
e-Commerce Solutions
To accommodate the increase in online shopping, Gulf Management Systems provides e-commerce solutions. These services help businesses set up and manage online stores, providing a secure platform for customer purchases.
Virtual Terminals
The company offers virtual terminals, enabling businesses to process payments online without physical hardware. This solution is suitable for remote transactions, allowing payments to be accepted from any location with internet access.
Recurring Billing
Gulf Management Systems supports recurring billing, which is beneficial for subscription-based businesses. This service automates the billing process, ensuring timely and consistent payments.
ACH Payments
Gulf Management Systems offers ACH (Automated Clearing House) payment solutions. This service allows businesses to process direct bank transfers, providing an efficient alternative to traditional payment methods. ACH payments are particularly useful for handling large transactions or regular payments.
Gulf Management Systems Customer Reviews
Here's What Their Clients Say
Customer Reviews Summary
Total Online Complaints
<10
Live Customer Support
Yes
Most Common Complaint
N/A
Recent Lawsuits
No
No Public Complaints Found
At present, we cannot find any Gulf Management Systems reviews alleging the company to be involved in fraudulent activities or scams. Remarkably, Gulf Management Systems garners exclusively positive reviews on various consumer protection platforms. This suggests a proactive and accessible customer support team employed by Gulf Management Systems. If you have had an experience with Gulf Management Systems, we encourage you to share your review in the comments section below.
Gulf Management Systems Legal History and Penalties
Our search has not uncovered any ongoing class-action lawsuits or complaints lodged with the FTC against Gulf Management Systems. Customers dissatisfied with their experience and seeking alternative routes for resolution are advised to consider reporting their concerns to the relevant supervisory bodies.
Customer Support Options Offered by Gulf Management Systems
Gulf Management Systems provides dedicated phone and email contact details alongside general contact information on its website. This level of support aligns with industry standards for top-rated customer service processors.
Gulf Management Systems has an “A+” rating with the Better Business Bureau and is not BBB accredited. The company has received 0 complaints in the past 36 months.
An “A” Performance
Given the company’s nearly clean complaint record, we agree with the BBB’s rating at this time. Readers should note, however, that there are good reasons to be skeptical of the BBB’s rating system.
Current public details about Gulf Management Systems’ rates and contract terms are scarce. As a WorldPay reseller, it’s likely that Gulf Management Systems’ contract terms are similar to those of WorldPay. Typically, WorldPay’s standard contract encompasses a three-year term with one-year automatic renewals, subject to a 90-day written notice before the service expires. Such contracts generally include an early termination fee of up to $295, a PCI compliance fee ranging from $15 to $25 monthly, and an annual IRS 1099 reporting fee of $69. Additionally, WorldPay often offers point-of-sale equipment leases through its ISOs, extending up to 48 months.
Assessing Customer Feedback
Despite the lack of specific complaints regarding Gulf Management Systems’ contract terms, our rating of “A” is based on the absence of direct information about their pricing structure. Without more detailed knowledge, it’s challenging to evaluate the competitiveness of Gulf Management Systems’ contract terms compared to the most affordable merchant accounts. Business owners are encouraged to carefully review contract details before committing.
Gulf Management Systems Employee Reviews & Sales Tacitcs
Should You Work For Them?
Jobs & Marketing Summary
Uses Independent Resellers
No
Telemarketing
No
Misleading Marketing
No
Discloses All Important Terms
No
Inside Sales Team
Gulf Management Systems appears to rely on referrals and an in-house staff to market its services. There is no evidence at this time indicating that the company employs independent sales agents, and we are unable to locate any Gulf Management Systems reviews that report unethical behavior by the company’s sales staff.
Gulf Management Systems does not appear to engage in any deceptive advertising strategies in its official materials. If you suspect that Gulf Management Systems is charging you undisclosed fees, we recommend seeking a third-party statement audit to eliminate hidden charges.
Our Gulf Management Systems Review Summary
Our Final Thoughts
Based on all available information, Gulf Management Systems appears to be a reliable credit card processing provider. Though there isn’t an abundance of specific information regarding the company’s sales strategies or contract terms at this moment, its pristine complaint record speaks volumes about its commitment to customer satisfaction and quality service.
Despite this encouraging sign, we strongly recommend that readers carefully scrutinize the terms of any contract they receive, even when dealing with companies that meet our high standards. It is imperative to evaluate the fine print thoroughly to ensure there are no hidden fees or unfavorable clauses that could affect your bottom line. Additionally, comparing the pricing and services offered by Gulf Management Systems to those provided by other top-rated merchant account providers will help ensure that you are getting a competitive and suitable deal for your business needs.
Location and Ownership
Gulf Management Systems is headquartered at 3001 Eastland Blvd, Suite 5 Clearwater, Florida 33761. and is a registered ISO/MSP of Wells Fargo Bank NA, Walnut Creek, CA; and of First National Bank of Omaha, Omaha, NE. Charles Billone is the owner of Gulf Management Systems while Kurt Schneider is CEO.
If you found this article helpful, please share it!
In the late 2000s, as a broke college student struggling to make ends meet, I was contacted by a merchant services company after uploading my resume to a job listings website. This company promised substantial commissions and ongoing residual income for simply persuading businesses to accept credit card payments. It seemed straightforward enough—after all, what business doesn’t need to process credit card payments? Following a phone interview with a persuasive “sales director,” I found myself embarking on what I believed would be an easy job that would significantly boost my bank account with reliable monthly income and large sales commissions. However, the lessons I learned would profoundly change my life in ways I could never have imagined.
After completing my sales training, I hit the ground running, eager to make sales. This broke college student was determined to improve his financial situation! My first attempt at a cold call, with no prior appointment, ended with a burly man in his 50s yelling at me to leave, claiming he had been “totally robbed” by someone like me before. As I hastily exited, puzzled and intimidated by his reaction, I couldn’t help but wonder what he meant. Throughout the day, I encountered similar hostility from other business owners, all expressing disdain for the industry I had been so excited to join that morning. Confused and curious, I decided to shift my approach from selling to listening.
I quickly uncovered that the merchant services sector was riddled with unethical practices, including hidden fees, deceptive marketing, fine-print traps, and much more. It dawned on me that I had nearly been tricked by a dubious company into selling overpriced services under contracts with long-term commitments, all without being fully aware of what I was promoting. Outraged, I resigned from that company but learned that there were indeed ethical credit card processing companies that treated their clients fairly. Over the next four years, I worked for one such company, assisting hundreds of businesses in securing cost-effective processing solutions. Yet, I also met many more who had been misled and trapped in onerous service agreements. Determined to help people steer clear of these unscrupulous providers, I launched this website in my spare time, dedicating myself to researching and sharing my findings on every merchant account provider I could investigate.
Gradually, more and more business owners began to discover my articles. As word spread, search engines started to rank my content highly, amplifying its reach. My efforts were making a difference! Eventually, the website garnered enough traffic to enable me to leave my job and focus on it full-time, a journey that has now spanned over a decade. This path has not been without its challenges; unscrupulous company owners have tried to intimidate and sue me into silence on several occasions. Yet, I have stood firm against each threat. Here I am, continuing to publish reviews and articles, hoping to safeguard others from the pitfalls of the credit card processing industry.
If you believe in my mission and wish to contribute, please share my articles on your websites and social media. Thank you for visiting!
Testimonials & Complaints
How Did Gulf Management Systems Treat You?
1 User Reviews
Hunter Jacqueline
I just had to share my fantastic experience with Gulf Management Systems! Their top-notch services have completely transformed my business operations. From the get-go, their team displayed a level of professionalism that was second to none, while maintaining a friendly and approachable demeanor.
The seamless integration of their payment processing solutions has streamlined our financial transactions, saving us valuable time and effort. Their cutting-edge security measures have also given us peace of mind, ensuring that our customers’ data remains safe and secure.
Moreover, the responsive customer support team has been a game-changer. They are always there to address any queries promptly, making us feel valued and supported as a client.
In short, Gulf Management Systems has exceeded my expectations in every way. I can confidently say that partnering with them has been a game-changer for my business. Highly recommended!
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Hunter Jacqueline
I just had to share my fantastic experience with Gulf Management Systems! Their top-notch services have completely transformed my business operations. From the get-go, their team displayed a level of professionalism that was second to none, while maintaining a friendly and approachable demeanor.
The seamless integration of their payment processing solutions has streamlined our financial transactions, saving us valuable time and effort. Their cutting-edge security measures have also given us peace of mind, ensuring that our customers’ data remains safe and secure.
Moreover, the responsive customer support team has been a game-changer. They are always there to address any queries promptly, making us feel valued and supported as a client.
In short, Gulf Management Systems has exceeded my expectations in every way. I can confidently say that partnering with them has been a game-changer for my business. Highly recommended!