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Payment Depot vs Stripe

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

Payment Depot offers 4 pricing plans based on business volume. It starts at $49/mo, plus Interchange + $0.15 per transaction, whether swiped or online. Larger monthly processing volumes get larger discounts. There is no contract.

While Stripe has 2.7% + $0.05 per swiped transaction and 2.9% + $0.30 per online transaction. There is no monthly fees and no contract. With customizable API, Stripe offers complete personalization of your online checkout experience.

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

 Payment Depot
 Visit SiteLearn More
 

Payment Depot

Stripe

SPECIAL OFFER
Save 40% or More - Learn More

Read Payment Depot Review

SPECIAL OFFER
Online Payment Processing - Learn More

Read Stripe Review

 

Benefits and Features

Customer ServicePhone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn)Phone (by request), Email, Live Chat, IRC
Good ForBusinesses processing $20,000 or more per monthOnline businesses; Customized checkout experience
EquipmentPOS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment ProcessingOnline Processing, Terminal, Stripe for Marketplace & Platforms, Billing Services (subscription & invoicing)
Pricing Model
Subscription
Flat rate
Swipe RateInterchange + 15¢ (for processing up to $50,000/mo; discounts for larger volume)
2.7% + 5¢
Online RateInterchange + 15¢ (discounts for larger volume)
2.9% + 30¢
Monthly Fee
  • Starter: $59/month (up to $125,000/yr)
  • Starter Plus: $79/month (up to $250,000/yr)
  • Growth: $99/month (up to $500,000/yr)
No monthly fees
Keyed-in Transaction FeeInterchange + 15¢ (discounts for larger volume)
2.9% + 30¢
Deposit Time
Next day deposits
7-14 days after the first successful payment
Chargeback Fee 
$15
 

CreditDonkey® Reviews

 Payment Depot
PriceStarStarStarStarHalf Star
Customer ServiceStarStarStarStarHalf Star
EquipmentStarStarStarStarEmpty Star
ContractStarStarStarStarStar
EcommerceStarStarStarStarEmpty Star
High Volume BusinessStarStarStarStarStar
Low Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Affordable membership pricing
  • Free equipment with some plans
  • Cancel anytime
Cons:
  • Not ideal for small businesses
  • Equipment return fee
Bottom LineCheap merchant account provider for high-volume businesses... Read full review Read full review
 Visit SiteLearn More

Online Payment Processing

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

Which is Better: Payment Depot or Stripe?

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.


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 Stripe

Stripe Review

Stripe charges straightforward low fees for online credit card payments. But it's not right for all businesses. Read on to see if it's 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.

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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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