Payment Depot
The nation's only wholesale credit card processing rates
4.7 /5 (57 reviews) Write a Review!Great company
Pros
Simple set up, works well and has a fair cost compared to others
Cons
Nothing. I have had no issues with the service
Great Value
Pros
No surprise fees. Less than 1/2 the cost of my previous processor and statements that are more clear. Daily deposits match the settlement amount.
Cons
The receipts that print out are longer than necessary.
Easy to Use and Functional
Pros
Ease of use - its very functional and relatively easy to understand.
Cons
(I know its about security) but in my situation I have to sign in too often in a day.
Pretty good overall
Pros
It is slightly less expensive than what I was paying previously, but the negotiated rates for credit cards must be a higher percentage than my previous merchant service provider. I expected to be saving more than I am.
Cons
The rates for the card processing is higher than my previous provider.
Payment Depot easy to use, fair pricing
Allowed us to cost effectively take credit cards
Pros
Easy to Use
Easy to integrate into website
Cons
A little cumbersome when a customer is on the phone
staight forward terms
Pros
simple contract terms
upfront pricing
reasonable pricing something affordable
Cons
not a lot of features
without authorize.net there wouldn't be a lot of options. i'd love to see some form of invoice that we could email. e often take deposits from customers across the the phone. i'd love to email a invoice
Best Merchant Software
Pros
It was the best deal of any credit card merchants in the business.
Cons
There can be some confusion as to who to call with a support question.
Payment Depot: A review
Pros
Great documentation, terrific customer service, low low low prices. It's my go-to for payment processing.
Cons
Their portal is a little simple in terms of aesthetic.
Payment Depot Review.
Pros
Low rates, great customer service. Haven't had any issues since starting to use it.
Cons
Website UI is a little confusing at first, a bit harsh on the eyes.
payment
Pros
easy to use, no glitch, fast , efficeint
Cons
nothing, works great, no problems, like it
Great Value and Support
Pros
I like the fact that there is a small but sufficient team dedicated to making sure you have great customer service. Everyone is fast and friendly. They always follow up when in an inquiry is made.
Cons
The way the payments batch out is strange. Some are delayed 2 days and some are next day. Makes keeping track of deposits a litttle cumbersome.
Payment Depot give me confidence...
Lower Costs, better reporting, ease of use.
Pros
Confidence that I am definitely getting the best rate for my merchant credit card acceptance.
Cons
They made one pretty big mistake, but the rectification was quick and complete. We just had some extra money in our bank for a couple of weeks. No Problem!
Credit Card Processing Services
Was a great company to work with. I highly recommend them for credit card processing
Pros
Very reasonable pricing, fast payments. No hidden charges or fees.
Cons
Could not integrate with my program so I had to find a different company
Unbeatable
Pros
Payment Depot makes signup and processing easy with the best pricing and support.
Cons
Not much, perhaps online access to PD statements.
Best Card Rates Available
Pros
- Saves money!
- No different than any other credit card processor, just cheaper.
Cons
- There are no cons with using Payment Depot
Other Processors Cannot Compete
I have had a wonderful experience overall and other companies cannot compete with what they offer.
Pros
While I don't necessarily use Payment Depot software exclusively, their implementation of the Clover device works nicely.
Cons
I wish that there was a more open and direct API to work with different systems. My POS software through Microsoft RMS does not communicate directly with the device which means I have to manually type in the total for every credit/debit transaction.
Payment Depot Review
I have been happy with Payment Depot so far. I like the clear billing, without the numerous fees and no long term contracts. I like that they just bottom line you on cost on your first phone call to them. I hate being quoted a price and then the company adds on a bunch of hidden fees, contracts, requirements, etc.
Pros
Easy to use, straight forward, good customer support
Cons
I wish we could bill through 2 computer terminals without having to pay for 2 separate processing machines and accounts
Great processor
Great
Pros
VERY LOW RATES NO ADDED PERCENTAGES JUST A SUBSCRIPTION AND A FLAT RATE PER SWIPE CHARGE
Cons
Customer support is lacking big time. Only open 9 - 5 mon - fri
Payment Depot Review
Overall very satisfied with Payment depot, get competitive rates with good customer support.
Pros
Competitive rates
Ease of Use
Customer Support
Bug free
Cons
Annual Fee
Initial hardware cost and setup
Works, real people, saves me money.
Payment agent put me on TSYS and my monthly charges are less than they were before with Elavon. This system works better for me.
Pros
The payment agent's people are responsive to my needs and stay on the case until issues are fully resolved.
Cons
No negative issues to report at this time.
Great Rates / Fantastic Support
Great rates, fantastic support, could keep my previous equipment. No ridiculous fees
Pros
Payment depots rates are very competitive!
Cons
I’d like to be able to link my payment depot account with other online services
Great Product!
Very happy over all with the use and support of Payment Depot. I just recommended Payment Depot to a business associate.
Pros
Easy to use and wonderful customer service.
Cons
Nothing- It is easy to learn how to use and great for my business needs.
review
overall it is a good experience although I don' t enjoy the raising yearly fees.
Pros
the low fee. enjoy that a low fee is charged
Cons
it takes a couple of days now to get money. Used to be only one day
Satisfied customer
Pros
Costs are lower compared to previous vendor.
Cons
its easy to use. So dont have any complaints at this time
Good Value
Pros
Functional, competitively priced, good value.
Cons
I have no real complaints, I think credit card companies overcharge though.
