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Payment Depot vs Helcim

Payment Depot is a cheap merchant account provider for high-volume businesses. How does it compare to Helcim? Read our comparison chart below.

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.

While Helcim offers interchange-plus pricing for businesses of all sizes, with automatic discounts for larger processing volume. It has no contract and no monthly fees. Merchants get full access to all its payment tools with no add-on fees or usage limits.

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

 Payment DepotHelcim
 Visit SiteVisit Site
 

Payment Depot

Helcim

SPECIAL OFFER
Save 40% or More - Learn More

Read Payment Depot Review

SPECIAL OFFER
Start Accepting Payments Fast - Learn More

Read Helcim Review

 

Benefits and Features

Monthly Fee
  • Start at $79/month (Process up to $250,000/yr)
  • Custom quote (Process more than $250,000/yr)
No monthly fees
Good ForBusinesses processing $20,000 or more per monthSmall-mid sized businesses; Seasonal businesses
EquipmentPOS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing$109 for Helcim card reader; $349 for Helcim smart terminal
Accept International Payments Customers can purchase in CAD/USD (not their local currency) from any location
Customer ServicePhone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn)Phone, email, or schedule callback
Fraud Prevention Tools
Check
Check
Invoice Management
Integration needed
Check
Pricing Model
Subscription
Interchange plus
Recurring Billing
Integration needed
Check
ACH Payments 
0.5% + $0.25 per transaction
Swipe Rate
Interchange + 8¢
Interchange + 0.40% + 8¢ (for processing up to $50,000/mo; discounts for larger volume)
Online Rate
Interchange + 18¢
0.50% + $0.25 + interchange rate (for processing up to $50,000/month; discounts for larger volume)
Keyed-in Transaction Fee
Interchange + 18¢
Interchange + 0.50% + 25¢ (for processing up to $50,000/mo; discounts for larger volume)
Deposit Time
Next day deposits
1-2-day funding
Chargeback Fee $15 ($0 if you win the dispute)
 

CreditDonkey® Reviews

 Payment DepotHelcim
PriceStarStarStarStarHalf StarStarStarStarHalf StarEmpty Star
EquipmentStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
ContractStarStarStarStarStarStarStarStarStarStar
Customer ServiceStarStarStarStarHalf StarStarStarStarStarHalf Star
EcommerceStarStarStarStarEmpty StarStarStarStarStarEmpty Star
High Volume BusinessStarStarStarStarStarStarStarStarEmpty StarEmpty Star
Low Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • Affordable membership pricing
  • Cancel anytime
Cons:
  • Not ideal for small businesses
  • Equipment return fee
Pros:
  • Volume discounts
  • No monthly fees
  • Excellent merchant tools
  • Good customer service
Cons:
  • Only one equipment option
  • Not for high-risk businesses
Bottom LineCheap merchant account provider for high-volume businesses... Read full reviewExcellent interchange-plus provider if you're looking for overall value and service... 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.

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
Helcim

Start Accepting Payments Fast

  • Interchange Plus Pricing
  • No Monthly Fees
  • No Contracts
Helcim Card Reader for $109

Helcim Card Reader for $109

  • Tap & Pay
  • Chip & PIN
  • PIN Debit
  • Email receipts
  • Inventory and customer tracking
  • Analytics & reporting
  • Batch history
  • Card on file
Helcim

Helcim Free Credit Card Processing

Pass on your credit card processing fees to your customers and clients to accept credit cards at no cost (0%). Easily navigate surcharges, convenience fees, and service charges with Helcim Fee Saver.

Which is Better: Payment Depot or Helcim?

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

In short: Payment Depot's price, equipment, and high volume business are notable. In particular, the high volume business is excellent. Helcim's low volume business is noteworthy.


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.

Articles on Helcim

Helcim Review

Helcim is a top-rated merchant account provider for customer service. It offers interchange-plus pricing with volume discounts. Is it right for you?

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.

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