Online Payment Processing Reviews

Payment Depot is a merchant account provider headquartered in Orange, California. The company has been in business since 2013 and is best known for its use of subscription or membership-based pricing, a spinoff of the interchange-plus model. While it isn't the only provider in the industry to offer this type of pricing, Payment Depot's reputation for open, honest sales practices and excellent customer support put it ahead of many of its competitors using this relatively new pricing model.

Pros Interchange-plus pricing offered Free payment gateway and virtual terminal No account setup or application fees Month-to-month billing with no early termination fees Excellent customer service and support Cons Mobile card reader is not EMV-compatible Only available to US-based merchants Overview CDGcommerce is a merchant account provider with main headquarters in Chesapeake, Virginia and a […]

Pros Good for ecommerce businesses Good for high-risk businesses No account setup fee No monthly minimum for low-risk Free credit card terminal Excellent customer support Few public complaints Cons No publicly disclosed pricing Website needs improvement Overview There are many reasons a business may be considered too “high-risk” for a standard merchant account. Unfortunately, the […]

Pros Fair pricing with easy-to-understand contracts and no hidden fees Excellent customer service, including phone and email support Integrates with Apple Pay and other mobile wallet services Month-to-month contracts with no early termination fees Cons Currently only available in the United States Overview Payline Data has a well-deserved reputation for transparent and honest sales practices […]

Fattmerchant gets our recommendation as the best all-in-one merchant account provider for several reasons. First of all, we find the company's 0% markup pricing practices refreshing and sensible. And, just as important for an all-in-one solution, Fattmerchant delivers excellent value for a wide range of business types. It provides free invoicing, billing, customer management, POS software, mobile payments, virtual terminal capabilities, and more as standard features within the Fattmerchant credit card processing platform.

Pros Predictable flat-rate pricing Ideal for low-volume merchants No monthly fees Impressive feature set Affordable chip card readers All-in-one payments system Free tools for selling online Available to Canadian merchants Cons Account stability issues Not suitable for high-risk industries Overview Square Payments and Point of Sale from Square.com earn a perfect 5-star rating for ease of use, […]

Pros Transparent cost-plus pricing Month-to-month agreement No setup or application fees No monthly minimums Spotless track record Good customer support Good website & advertising Cons Expensive for low-volume merchants Overview: Host Merchant Services is abbreviated HMS, so my brain automatically fills in “Pinafore” afterward every time I see it. If I’ve already lost you (or you’re […]

Pros Interchange-plus pricing offered exclusively No annual fee or monthly minimum Month-to-month billing with no early termination fees Discounted pricing for qualified non-profit companies Outstanding sales transparency and highly ethical business practices Cons Not recommended for businesses processing less than $10,000 per month No support for high-risk or international merchants Overview Dharma Merchant Services is […]

Pros Transparent cost-plus pricing standard Low-cost ACH/eCheck payment processing Good reputation Good option for budget-conscious merchants Good option for Canadian businesses Cons Cancellation fees charged in some circumstances Overview I spend hours every day looking at credit card processing provider websites. Trust me, I’ve seen them all. I know every trick in the book. Sometimes […]