Does Stratus Payment Solutions Take High Risk Merchant Accounts?
How To Cancel Your Merchant Account with Stratus Payment Solutions
Stratus Payment Solutions Rates and Fees Too High? Is Stratus Payment Solutions a Ripoff or Scam?
What the company appears to offer
Stratus Payment Solutions, LLC, prior to its integration into REPAY in 2021, provided merchants with a suite of payment processing services. These included omni-channel payment acceptance (covering in-person POS, online, e-commerce, and phone/IVR payments), electronic check conversion (Check 21), and advanced compliance support to help businesses operate smoothly and meet regulatory requirements. Their platform was designed for seamless integration into merchant operations, allowing for convenient, secure, and 24/7 payment collection.
Who they serve / typical merchant types
Stratus served a wide array of merchant types, including:
Accounts receivable management firms
Automotive businesses
B2B merchants
Consumer finance companies
Credit unions and financial institutions
Educational organizations
Field service businesses
Government and municipalities
Healthcare providers
HOA management firms
Hospitality sector merchants
Media and political ad agencies
Mortgage companies
Other ISOs and payfacs seeking integrations
Where they are based
Stratus Payment Solutions was headquartered at 5955 Shiloh Rd E, Suite 202, Alpharetta, GA 30005.
Phone number
For its operations, Stratus used the phone number (888) 636-2594.
How long in business
Stratus Payment Solutions was founded in 2015 and operated for roughly 11 years before transitioning to the REPAY brand.
What merchants should verify
All service pricing: rates, fees, incidental charges
Contract duration and auto-renewal terms
Early termination fees and conditions
Equipment/software lease requirements
PCI compliance/data security fees
Funding times and settlement schedules
Chargeback/support policies and resources
Special payment acceptance (IVR, ACH, Check 21)
How to evaluate them
Request complete fee schedules and sample statements in writing
Clarify all terms before signing: contract length, termination, funding
Assess transparency, responsiveness, and support
Watch out for unclear fees, long contract terms, and expensive leases
Verify provider's ability to handle disputes/chargebacks
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