AVATAS Payment Solutions is the pioneer in reducing payment processing expenses for the energy and service industries. Prior to 2005, home heating companies were charged credit card processing fees that were 50 percent or more than they are today – until the multi-year lobbying efforts of AVATAS co-founders Tracy Richmond and Larry Richmond persuaded credit card companies to reclassify heating fuel retailers – a victory that has yielded in excess of $500 million in savings for the industry.
By combining our payment processing expertise with innovative strategies, AVATAS successfully improves bottom-line profitability. We provide our clients with a consultative approach, examining 100% of their receivables to ensure optimal efficiency.
AVATAS is the nationally recognized leader of cash flow solutions for the energy and service industries.
We process for over 700 energy companies and continue to expand our reach.
AVATAS co-founders Tracy Richmond and Larry Richmond led a multi-year lobbying effort resulting in the reclassification of heating fuel retailers. That victory has saved the industry over $500 million to date.
Hear what our customers have to say
“They have saved us very real money in processing costs. AVATAS has been a real pleasure to do business with.”
- Ehren Schachle, General Manager of Polar Fuel
“Larry and Tracy Richmond of AVATAS have always been out in front advocating for the best rates for our industry and long before it was popular.”
– Sean Cota, Cota and Cota
“I had been using another processing company that has advertised great rates – those ‘great rates’ were twice as much as AVATAS! I save hundreds every month!”
- Becky Gilford, B&B Fuel Company