PaymentCloud is a merchant account provider that offers high-risk businesses credit card processing services and financing options.
PaymentCloud processes most major debit and credit cards for businesses. Additionally, it offers a mobile app that facilitates invoicing, and touchless payments.
Payment Cloud partners with several acquiring banks to provide card processing services for high-risk businesses and traditional businesses.
The company relies on independent sales agents and offers a contract of variable length that does not charge setup or cancellation fees.
Both PaymentCloud and Stripe serve businesses seeking online payment options for e-commerce, but PaymentCloud has better customer support and can better serve high-risk industries.
PaymentCloud offers a competitive flat-rate pricing of 2.9% + $0.30 regardless of card type, and Stripe’s pricing varies depending on sales volume and industry.
PaymentCloud and Stripe differ in how they deal with high-risk business types. PaymentCloud is receptive to many high-risk business types and offers chargeback protection and other risk mitigation services.
PaymentCloud is a payment gateway that integrates with many platforms, including Woocommerce, Google Pay, Apple Pay, and many others.
PaymentCloud has no publicly available information about its pricing or fees, but it is likely that the company will charge higher fees for high risk businesses.
Payment Cloud advertises on its website that it uses Authorize.Net as a payment gateway, and pays 2.90% plus $0.30 plus $0.10 per transaction.
PaymentCloud offers equipment leases, which can cost thousands of dollars over the life of the lease, so businesses should purchase equipment where possible.
PaymentCloud does not charge an early termination fee, but merchants should carefully review all relevant documentation in their contract.
PaymentCloud is an excellent payment processor provider for merchants who require gun merchant accounts, adult merchant accounts, nutraceutical merchant accounts, and other commonly declined industries.
PaymentCloud offers merchants a dedicated phone email address, a technical support service email address, and direct contact information for individual customer service agents.
PaymentCloud utilizes strategic partnerships, affiliate programs, and independent sales agents to market its services, but the company has only received one complaint mentioning misrepresentation of rates and fees by its sales team.
PaymentCloud is a highly rated merchant account provider. For pricing and more information, visit the PaymentCloud website or call (888) 506-7859.