Bank of America Merchant Services in tandem with Clover Card Reader is a huge scam. Banc of America Merchant Services, LLC is not a bank, does not offer bank deposits, and its services are not guaranteed or insured by the FDIC or any other governmental agency. Using Bank of America Merchant Services was a huge mistake and cost my company thousands of dollars. Merchant Services are provided by Bank of America, N.A. Merchant Services are provided by Bank of America, N.A. and its representative Banc of America Merchant Services, LLC. Bank of America and First Data, now Fiserv, today announced that they will pursue independent merchant services strategies beginning June 2020, when the contract concludes for the companies’ joint venture, Banc of America Merchant Services. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America… While you wouldn't be able to use Bank of America, we do have a large list of other payment processors available for the United States which can be seen here. Banc of America Merchant Services, LLC, a leading electronic payments processor in the United States, announced today its expansion to Europe and creation of a new London-headquartered unit, BofA Merrill Lynch Merchant Services (Europe) Limited (BofAML Merchant Services). BofAML Merchant Services will facilitate e-commerce, card-present and card-not-present transactions for clients looking … Merchant Services are provided by Bank of America, N.A. Banc of America Merchant Services, LLC is not a bank, does not offer bank deposits, and its services are not guaranteed or insured by the FDIC or any other governmental agency. Banc of America Merchant Services, LLC is not a bank, does not offer bank deposits, and its services are not guaranteed or insured by the FDIC or any other governmental agency. Banc of America Merchant Services, LLC is not a bank, does not offer bank deposits, and its services are not guaranteed or insured by the FDIC or any other governmental agency. Merchant Services are provided by Bank of America, N.A. Bank of America Merchant Services, also known as BA Merchant Services (BAM) and Banc of America Merchant Services, is one of the largest merchant acquirers in the U.S. based upon volume. "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Bank of America Merchant Services Review: Everything You Need to Know About BOFA Credit Card Processing.