Our History

What we are.

CheapPaymentFees.com was started to make a statement against the unethical, deceptive, and often times corrupt business practices that are unacceptably common in the merchant services industry.

Our founder spent more than 10 years working for the largest "churn & burn" sales offices in America. You know, The ones you find on (paid for) review sites. These inside sales offices use seemingly low rates, disguised by several hidden monthly and annual fees, to generate huge profits on small and medium sized businesses.

No wonder more than 20% of merchants leave their processor after just one year. An accepted industry standard. Yuck.

Why do they do this? Leads are expensive. They result in your provider going underwater on you out of the gate, often times by more than $1,000. It takes some time recouping that if they only charge 0.50% and $0.10 cents per transaction.

We don't pay for leads. We don't have a tail to chase. We are on a mission to put more of your own money in your own pockets. Our mix of savings, support, and solutions will keep you around. We will work for your pennies, knowing they add up over time if we doing things right.

Our Founder-

Brett Erickson

Born and raised in Massachusetts, former college hockey captain and graduate of Endicott College, husband, and proud father of two, Brett Erickson has been a leader in merchant services in the digital leads space, strategic partnerships, and high risk for over a decade.

Having personally sold more than 5,000 merchant accounts across dozens of processors and to hundreds of business types, Brett's team is uniquely positioned to serve you. They'll use their unmatched expertise to service any business type to it's fullest potential.