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Payment Depot vs PaymentCloud

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

 Payment DepotPaymentCloud
 Visit SiteVisit Site
 

Payment Depot

PaymentCloud

SPECIAL OFFER
Save 40% or More - Learn More

Read Payment Depot Review

SPECIAL OFFER
High Risk? No Problem - Learn More

Read PaymentCloud Review

 

Benefits and Features

Monthly Fee
  • Start at $79/month (Process up to $250,000/yr)
  • Custom quote (Process more than $250,000/yr)
Not disclosed - offers customized pricing
Good ForBusinesses processing $20,000 or more per month 
EquipmentPOS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment ProcessingAvailable through third-party providers (Clover, Dejavoo, etc.)
Customer ServicePhone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn)
Phone and Form Submission
Fraud Prevention Tools
Check
Check
Invoice Management
Integration needed
Check
Pricing Model
Subscription
Customized
Recurring Billing
Integration needed
Check
Swipe Rate
Interchange rate + $0.08
Not disclosed - offers customized pricing
Online Rate
Interchange rate + $0.18
Not disclosed - offers customized pricing
Keyed-in Transaction Fee
Interchange + 18ยข
 
Deposit Time
Next day deposits
 
 

CreditDonkey® Reviews

 Payment DepotPaymentCloud
PriceStarStarStarStarHalf Star
EquipmentStarStarStarStarEmpty StarStarStarStarStarEmpty Star
ContractStarStarStarStarStarStarStarStarHalf StarEmpty Star
Customer ServiceStarStarStarStarHalf StarStarStarStarStarEmpty Star
EcommerceStarStarStarStarEmpty StarStarStarStarStarHalf Star
High Volume BusinessStarStarStarStarStarStarStarStarStarStar
Low Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarHalf StarEmpty Star
Pricing ModelStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • Affordable membership pricing
  • Cancel anytime
Cons:
  • Not ideal for small businesses
  • Equipment return fee
Pros:
  • Supports up to 3% chargeback ratio
  • Customized payment solutions
  • Dedicated account manager
Cons:
  • Underwriting process
  • No disclosed fees
  • Potential long-term contract
Bottom LineCheap merchant account provider for high-volume businesses... Read full reviewTrusted merchant account provider for low to high-risk 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.

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
PaymentCloud

High Risk? No Problem

  • Competitive Options for Payment Processing at All Risk Levels
  • Fast Funding
  • No Setup/Hidden Fees
  • No Minimum Credit Score
  • All Industries Accepted
PaymentCloud

98% Approval

  • Competitive Options for Payment Processing at All Risk Levels
  • Fast Funding
  • No Setup/Hidden Fees
  • No Minimum Credit Score
  • All Industries Accepted
PaymentCloud

Accept Credit Card Payments

  • Top-rated customer support and dedicated account representative
  • Fast funding with same-day deposits
  • No setup/hidden fees
  • Free terminal
  • No minimum credit score and 98% approval rate
  • Fast approvals and same day setup

Which is Better: Payment Depot or PaymentCloud?

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 contract is excellent. PaymentCloud's low volume business is notable.


Articles on Payment Depot

Payment Depot

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

Articles on PaymentCloud

PaymentCloud Review

Find out the true value of PaymentCloud for merchants (including high risk businesses). Read the pros and cons before you commit.

PaymentCloud Pricing

Payment processing services can sometimes break the bank. For services like PaymentCloud, how much will you need to budget? Read on to find out.

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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