Overview
ClearPay Financial Solutions, LLC is a Wisconsin-based merchant services provider founded in 2011 by Jim Visoky and Jim Krane. The company is headquartered in the Milwaukee metropolitan area and serves small and mid-sized businesses across retail, restaurant, e-commerce, and professional-services verticals, including some categories generally classified as higher risk.
Products and Services
ClearPay offers credit and debit card processing, point-of-sale equipment and software, virtual terminals, mobile payment acceptance, and e-commerce payment gateways. The company operates as a registered Independent Sales Organization of Wells Fargo Bank, N.A. and Central Bank of St. Louis, and resells products from Global Payments. ClearPay markets 24/7 customer support and a single-relationship model intended to keep merchants working with the same in-house team across sales, deployment, and support.
Pricing
Processing Rates
ClearPay Financial Solutions does not publish standard processing rates on its website. According to user reviews and expert content, the company quotes rates within a broad range that has been reported between roughly 1.00% and 4.99%, with the actual rate set per merchant based on industry, processing volume, and risk profile. The pricing model uses tiered or interchange-plus structures depending on the agreement type.
Other Fees and Contract Terms
Reported user reviews and expert content describe an account setup fee in the area of fifty dollars, monthly account fees in the area of ten dollars, and standard contract terms of one to three years. Early termination fees have been reported on some agreements in the range of five hundred dollars or liquidated damages tied to remaining contract value, and equipment financed through ClearPay is typically held under non-cancellable lease arrangements. Specific fees are not posted publicly and are negotiated per merchant.
Contact
Ownership/Leadership: Jim Visoky (Co-Founder & CEO); Jim Krane (Co-Founder & COO)
Phone: (800) 306-8457
Website:clearpayfs.com
Merchant Reports
Write a review →I would give a zero rating if I could. I was diagnosed with skin cancer and had one instalment of £15 left on my account. As you can imagine it was a very worrying and stressful time for me and my family. I had to have multiple surgeries on my face and multiple bouts of chemotherapy. I almost lost my life. I eventually paid the £15 plus £12 late fees once i was in remission and getting back on my feet. The company has closed my account and treated me like I was deliberately trying to evade payment. Absolutely appalling customer service.