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Chase Payment Solutions vs Payment Depot

Chase Payment Solutions is a well known processor with extra benefits for Chase banking customers. How does it compare to Payment Depot? Read our comparison chart below.

Chase Payment Solutions is used by over 5 million businesses. It offers flat-rate pricing with no monthly fees and no contract, at 2.6% +10¢ per tap, dip and swiped transaction. Plus, same-day deposits are available with a Chase Business Complete Banking account.

While Payment Depot offers membership pricing plans based on business volume. It starts at $79/mo, plus Interchange + 8¢ per transaction for swipe, and Interchange + 18¢ for online transactions. There is no contract.

Compare Chase Payment Solutions with Payment Depot, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Chase Payment SolutionsPayment Depot
 Visit SiteVisit Site
 

Chase Payment Solutions

Payment Depot

SPECIAL OFFER
Chase Payment Solutions℠ - Learn More

Read Chase Payment Solutions Review

SPECIAL OFFER
Save 40% or More - Learn More

Read Payment Depot Review

 

Benefits and Features

Monthly Fee
No monthly fees
  • Start at $79/month (Process up to $250,000/yr)
  • Custom quote (Process more than $250,000/yr)
Good For Businesses processing $20,000 or more per month
Equipment POS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing
Customer ServiceGet 24/7 support, online or from a live U.S.-based Chase Payment Solutions agent.Phone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn)
Fraud Prevention Tools 
Check
Invoice Management 
Integration needed
Pricing Model 
Subscription
Recurring Billing 
Integration needed
Swipe Rate2.6% rate +10¢ per tap, dip and swiped transaction
Interchange rate + $0.08
Online Rate2.90% + 25¢ per ecommerce transaction
Interchange rate + $0.18
Keyed-in Transaction Fee3.5% rate +10¢ per keyed transaction
Interchange + 18¢
Deposit TimeFast funding at no additional cost. Get deposits as soon as the same day1
Next day deposits
 

CreditDonkey® Reviews

 Chase Payment SolutionsPayment Depot
PriceStarStarStarStarEmpty StarStarStarStarStarHalf Star
EquipmentStarStarStarStarEmpty StarStarStarStarStarEmpty Star
ContractStarStarStarStarEmpty StarStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarStarHalf Star
EcommerceStarStarStarStarEmpty StarStarStarStarStarEmpty Star
High Volume BusinessStarStarStarEmpty StarEmpty StarStarStarStarStarStar
Low Volume BusinessStarStarStarStarStarStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Competitive mobile processing
  • Same day funding available
  • No contract available
Cons:
  • Other fees not disclosed
  • Some poor user reviews
Pros:
  • Affordable membership pricing
  • Cancel anytime
Cons:
  • Not ideal for small businesses
  • Equipment return fee
Bottom LineWell known processor with extra benefits for Chase banking customers... Read full reviewCheap merchant account provider for high-volume businesses... Read full review
 Visit SiteVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Chase Payment Solutions

Chase Payment Solutions℠

  • Never miss a sale with powerful new ways to accept credit cards, anytime, anywhere. Accept payments multiple ways – in person, online, or over the phone
  • Fast funding at no additional cost. Get deposits as soon as the same day1.
  • Enjoy fair and transparent pricing with no hidden or monthly fees. 2.6% rate +10¢ per tap, dip and swiped transaction. 2.90% + 25¢ per ecommerce transaction. 3.5% rate +10¢ per keyed transaction2
  • Trusted security – As technology advances, our industry-leading systems help keep your payments safe
  • Accept cards in person – Take payments quickly with our easy to use point-of-sale devices and mobile app3
  • Accept cards online or over the phone – Choose from pre-built payment integrations with leading eCommerce platforms, virtual terminal and a payment gateway
  • Over 5 million businesses of all types and sizes trust financial solutions from Chase
Chase Payment Solutions

Fast Funding at No Additional Cost

  • 2.6% + 10¢ per swipe, dip, and tap
  • Get deposits as soon as the same day at no extra cost
  • 24/7 support from live US-based agents
Payment Depot

Save 40% or More

  • Wholesale Rates
  • Membership Fee Model
  • No Cancellation Fees
Payment Depot

Save Over $400 Per Month on Average

  • No hidden fees
  • No surprises
  • No cancellation fees
Payment Depot

First Month Free

  • Wholesale Rates
  • Membership Fee Model
  • No Cancellation Fees

Which is Better: Chase Payment Solutions or Payment Depot?

Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Chase Payment Solutions or Square.

In short: Chase Payment Solutions' low volume business is impressive. Payment Depot's contract, customer service, and high volume business are notable. In particular, the contract and high volume business are excellent.


Articles on Chase Payment Solutions

Chase Payment Solutions Review

Discover the benefits of Chase Payment Solutions. Learn more about their user-friendly features and pricing. Is this your business's top choice?

Articles on Payment Depot

Payment Depot Review

Is Payment Depot the best merchant service provider for your business? See how it compares to credit card processors.

Which Do You Think is Best?





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About CreditDonkey
CreditDonkey is a credit card processing comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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