Faazed Financial, founded by Derek Bailey, provides secure, flexible, and innovative merchant solutions to help companies grow with ease. From restaurants and retail stores to ecommerce, healthcare, and high-risk industries, we deliver payment systems that make every transaction safe, fast, and reliable.
Credit card machines, POS terminals, online gateways, and merchant account setup—all in one place
Reliable processing so you get paid quickly and keep operations running smoothly
Solutions for traditional, online, and high-risk merchants
Round-the-clock assistance from specialists who know payments inside out
Yes, we offer hands-on training for all our clients. This includes everything from learning how to use credit card terminals to guidance on reprogramming devices. Our training is designed to make sure merchants can process payments smoothly and confidently in their day-to-day operations.
Terminals can be connected either through a phone line or the internet. The choice is yours, but it determines the type of device you’ll need. For example, if you connect via a phone line, that line must remain dedicated to payment processing, since a busy signal could interrupt transactions. Most merchants prefer internet connections for faster, uninterrupted processing.
Faazed Financial applies an annual PCI service fee to cover costs related to compliance. This includes maintaining security standards, updating terminal software, and replacing hardware that no longer meets compliance requirements.
A chargeback occurs when funds from a previous transaction are returned to the cardholder through the merchant’s bank. This usually happens if the cardholder disputes the purchase, often due to missing documentation or improper authorization procedures. Merchants are responsible for refunding the amount, which is why following best practices in card acceptance and record-keeping is crucial.
NFC technology allows two devices to exchange data securely when they’re close together. During a payment, encrypted information is shared through NFC chips, creating a unique digital signature that ensures the transaction remains safe.
While we typically recommend a three-year merchant agreement, we also offer flexible month-to-month options for businesses that prefer shorter commitments.
PCI compliance is a mandatory standard set by the Payment Card Industry to protect sensitive cardholder data. Any business that accepts, processes, or stores payment card information must follow PCI DSS rules. By becoming compliant, you commit to meeting these security requirements.
You don’t need to manually batch your transactions. Settlements are processed automatically, ensuring your payments are sent for settlement on time without extra effort.
The acquirer is the financial institution that manages merchant accounts and routes transactions to the appropriate banks. The issuer is the bank or financial institution that provides credit cards directly to consumers or businesses.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security requirements that all companies handling card transactions must follow. These standards ensure the secure processing, storage, and transmission of cardholder data.
To adjust your High Ticket Amount, you’ll need to submit a written request and contact our support team. Once reviewed, the change will be processed, and our specialists will guide you through the updated setup.
