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Posted by CardFellow on Mar 29, 2016
Total Merchant Services is an older independent sales organization (ISO) with a primary processing relationship through First Data. TMS has been around a long time, so we've seen quite a few statements, applications and quotes from business using or being courted by TMS. What we see is all over board. As is true with all processors, pricing and terms are set on a per-case basis. Reviews on a processor won't tell you the specific deal a processor will give your business. It's up to you to know how processing fees really work to ensure you can negotiate competitive pricing. With this is mind, we've see TMS statements that show competitive, transparent pricing, but we've also seen statements that show a much different story.