AMP Payment Systems Review

Rates and Fees
Truth in Advertising
Consumer Reviews
Customer Support

Best for

Small, independent companies and medium-sized businesses

Specializes in

Point of sale (POS) and revenue-driving services, payment processing, financing, marketing, and working with small business owners and operators.

Pricing Summary

Setup Fee: $0

Monthly Fee: Undisclosed

Swipe Rate: 1.00% - 4.99%

Keyed-in Rate: 1.00% - 4.99%

Early Termination Fee : $375

Contract Terms:

3 Years
Visit AMP Payment Systems

AMP Payment Systems is a registered ISO/MSP of Fifth Third Bank. Created in 2017, AMP Payment Systems is based in Phoenix and works mostly with standard-risk merchants. The company operates under a few different names including EMV Payment Systems, Smart Card Merchant Services, Eschelon Merchant Services, and Covington Ridge Financial, LLC.

AMP Payment Systems Overview


AMP Payment Systems was created to stand out among other providers by focusing primarily on independent and smaller businesses. It currently has 51-200 employees.
AMP Payment Systems does not have its payment structure available on the company website. Some customers have stated that AMP offers multi-year contracts, an early termination fee of $375, and a four-year equipment rental contract through a 3rd-party provider which can not be canceled. The four-year equipment rental contract also comes with a mandatory 48-month equipment fee of $78 per month.The company's website doesn't specify what business type benefits most from this pricing structure, but it does repeatedly state that AMP works predominantly with small and mid-sized merchants.

Quick Facts

Head Quarters

Phoenix, AZ

Year Founded



Shanan Mohatt - Senior VP of Sales



Merchant Provider Risk Tolerance

What We Like

What We Don't Like

Industries Served

  • Clothing & Apparel
  • Convenience Store
  • Electronics
  • Gaming
  • Gas Station
  • Hunting & Outdoor Equipment
  • Moving Companies
  • Personal Service
  • Property Management
  • SAAS
  • Thrift Store

Business Types Served

  • Ecommerce
  • High Volume
  • Information
  • Low Risk
  • Mobile
  • Mom & Pop
  • Online
  • Retail / Card Present
  • Small Business
  • Wholesale

AMP Payment Systems Products & Services



According to its website, AMP Payment Systems has a goal to set up their customers with software programs that best suit the client business's needs. By upgrading a client company's software, AMP aims to help prevent fraud, build a clientele base for the merchant, and prevent chargeback issues. 


AMP Payment Systems provides tools and information for businesses who want to learn more about finance and manage their money. AMP works with partners that offer different financing types such as receivables factoring, merchant cash advances, merchant ACH loans, and American Express Business Financing.


Having the proper hardware is essential for creating the right framework for running an efficient and effective business. Software is the lifeblood of processing credit card transactions but often times a company's software won't run properly unless the hardware is also up to date. Utilizing the proper hardware is the key to allowing software updates to maximize their intended effect. You can think of this as being similar to buying a smartphone that is five versions older than the latest model; You'd experience limited functionality since your device is incompatible with the current software.  

AMP Payment Systems Payment Processing

  • Credit Card Processing
  • Debit Card Processing
  • Merchant Cash Advance
  • POS Equipment

AMP Payment Systems Billing & Invoicing

  • Mobile Payments

AMP Payment Systems Advertising & Sales

AMP Payment Systems has no reports of improper or price-deceptive advertising.

Truth in Marketing

Discloses All Important Terms


Public Pricing Available


AMP Payment Systems Pricing, Rates & Fees


AMP Payment System's website does not disclose the fees and pricing for general contracts. However, other customers of this service have shared an early termination fee of $375 and a mandatory 48-month contract with a $78 monthly fee. This company does not seem to have competitive rates, giving it less edge than other businesses with similar services.

AMP Payment System offers a swiped rate of 1.00%-4.99% and a keyed-in rate of 1%-4.99%. 

Pricing at a Glance

Pricing Model


Swiped Rate

1.00% - 4.99%

Keyed-in Rate

1.00% - 4.99%

Mobile Payment Rate

Virtual Terminal Rate


Monthly Fee


Payment Gateway Fee


Batch Fee


Early Termination Fee


PCI Compliance Fee


Equipment Lease Terms

48 Month (locked)

Address Verification Service (AVS)

Application Fee

Account Setup Fee


Gateway Setup Fee


Annual Fee

Monthly Minimum


Statement Fee

AMP Payment Systems Contract & Terms

AMP Payment System does not disclose how many years are in their standard contract. They do however disclose the non-cancellable 48-month equipment contract, which charges $78 per month. The 4-year equipment contract leads us to believe that the minimum contract is for a minimum of four years. 

Contract Length

3 Years

Early Termination Fee


AMP Payment Systems Setup & Support


Setup Highlights

  • Documentation / Knowledge Base

Support Highlights

  • Domestic Phone Support (Business Hours)
  • Offshore Tech Support (After Hours)

AMP Payment Systems Complaints, Ratings & Reviews

AMP Payment Systems has a "B+" rating with the BBB. They have received three complaints in the last year, none of which are resolved yet. All three complaints had to do with a product or service issue.

AMP has also received 43 reviews outside of BBB - 35 of which were positive and 8 that were negative. A majority of the negative reviews had to do with "salesy" telemarketing tactics. 



B+(3 complaints)




4.5 Stars / Based on the opinion of 108 people




Total Online Reviews


Total Online Complaints





If you're in the market for a merchant account provider, be sure to check out our user reviews, our merchant accounts guide and our top popular merchant provider picks


Merchant Accounts

© SERP  | As an Amazon Associate we earn commissions from qualifying purchases.
cogthumbs-upchevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram