TimeSolv
Payment Processor- Pricing clarity
- 2.0
- Feature set
- 5.0
- Ease of use
- 4.0
★ 3.8 trustpilotRead review →
Payment Processor Reviews
In-depth reviews and analysis of payment processing companies. Our comprehensive reviews cover pricing, customer service, features, and real user experiences to help you make informed decisions.
19 reviews
B+
Durango Merchant Services
Payment ProcessorDurango is a veteran, boutique high-risk payment processing specialist that serves as a trusted lifeline for businesses rejected by mainstream processors, but lacks enough reviews to make a confident assessment on the quality of the services.
Payout
Typically 2–3 business days
★ 4.7 googleRead review →
Nuvei
Payment ProcessorNuvei is a Montreal-based global payment technology company founded in 2003 that offers 700+ payment methods across 200+ markets and deep vertical expertise in iGaming, fintech, and high-risk sectors — but carries meaningful risks around contract terms, pricing transparency, and customer support quality.
Payout
2 - 7 day depending on market and agreement
★ 1 bbbRead review →
Lightspeed
POS SystemLightspeed Commerce is a global cloud-based POS and commerce platform that provides retail, restaurant, and ecommerce businesses with integrated payments, inventory management, analytics, and omnichannel selling tools.
- Pricing clarity
- 3.0
- Feature set
- 5.0
- Ease of use
- 4.0
★ 4.2 trustpilotRead review →
Shift4
Payment ProcessorShift4 Payments is a full-service payment processor and POS provider specializing in integrated commerce solutions for restaurants, hospitality, retail, and enterprise merchants.
Online rate
2.7% – 3.5% + $0.10 – $0.30 per transaction
Payout
1 – 2 business days
★ 4.6 trustpilotRead review →
Moneris
Payment ProcessorMoneris is Canada’s largest payment processor, providing point-of-sale systems, ecommerce payment gateways, and mobile payment solutions for businesses across Canada through a joint venture owned by Royal Bank of Canada and Bank of Montreal.
Online rate
2.4% to 3.5% + per transaction fee
Payout
typically 1 to 2 business days
★ 4.2 trustpilotRead review →
Chase Payment Solutions and Merchant Services
Payment ProcessorChase Payment Solutions is the merchant services arm of the #1 US bank, offering small and mid-sized businesses a deeply integrated combination of payment processing, same-day deposits, and banking tools. They're backed by the trust and scale of JPMorgan Chase but with flat-rate fees that may not suit high-volume merchants.
Online rate
2.9% + $0.25 per transaction
Payout
Next-day deposit (1 business day) for non-Chase bank accounts
★ 3.7 trustpilotRead review →
Toast POS
Payment ProcessorToast POS is the leading all-in-one cloud-based restaurant management platform, purpose-built for the food service industry with deep features for ordering, payments, payroll, and analytics, but comes with restrictive multi-year contracts, mandatory payment processor lock-in, and a history of transparency controversies.
Online rate
3.50% + $0.15 (Visa/MC/Discover); 3.89% + $0.15 (Amex)
Payout
1–2 business days
★ 1.29 bbbRead review →
WooPayments (Automattic)
Payment ProcessorWooPayments is the official, Stripe-powered payment solution built exclusively for WooCommerce stores, offering no monthly fees and deep dashboard integration, but plagued by account suspension issues and inconsistent customer support that undermine trust for serious merchants.
Online rate
2.9% + $0.30
Payout
2 business days after pending period clears
★ 1 bbbRead review →
Fiserv (Carat)
Payment ProcessorCarat from Fiserv is an enterprise-grade global commerce platform that orchestrates omnichannel payments, data intelligence, and customer experience solutions for the world's largest businesses, but hampered by opaque pricing, complex contracting, and a widespread customer service reputation that does not match its technological ambitions.
Payout
Typically next business day for enterprise clients; varies by contract
★ 1.01 bbbRead review →
Stax
Payment ProcessorStax is a payments technology company founded in 2014 that partners with SaaS companies, ISOs, and SMBs to enable flexible, multi-channel payment processing and invoicing solutions, claiming a distinctive subscription-based pricing model with 0% interchange markup.
Online rate
$0.15 per transaction (flat, no % markup)
Payout
Next business day funding
★ 1 bbbRead review →
CARDZ3N
Payment ProcessorCARDZ3N is a global payment processing platform that supports multi-channel payments, including credit cards, ACH, crypto, and BNPL, tailored to both standard and high-risk merchants.
- Pricing clarity
- 2.0
- Feature set
- 4.0
- Ease of use
- 4.0
★ 5 googleRead review →
EBizCharge
Payment ProcessorEBizCharge is an embedded payment gateway and integrated merchant services platform that simplifies credit card, debit card, and ACH payment processing directly inside accounting, ERP, CRM, and ecommerce systems.
- Pricing clarity
- 3.0
- Feature set
- 5.0
- Ease of use
- 3.0
★ 4.18 bbbRead review →
Akurateco
Payment GatewayAkurateco is a white-label PCI DSS-compliant payment orchestration platform that enables businesses and PSPs to deploy advanced payment infrastructure and unify multiple payment methods globally.
- Pricing clarity
- 2.0
- Feature set
- 5.0
- Ease of use
- 4.0
★ 4.3 trustpilotRead review →
Maverick Payments
ISOMaverick Payments is a long-established payment processing provider offering a comprehensive suite of payment solutions for merchants, partners, and developers, though its reputation is mixed due to varied customer experiences.
Online rate
Typically 2.9% – 4.9% + $0.30, depending on risk and volume.
★ 1.36 bbbRead review →
Corepay
Payment ProcessorCorepay is a payment processor that specializes in tailored merchant accounts for high-risk industries with global service and a focus on customer support.
Payout
1 - 5 days
★ 4.4 trustpilotRead review →
Payoneer
Payment ProcessorPayoneer is a global fintech platform that enables businesses, freelancers, and marketplaces to send and receive cross-border payments, manage multi-currency funds, and scale internationally.
Online rate
2.9% + $0.30 fee for standard online credit card transactions
Payout
Depends on the receiving bank/country. Payoneer’s platform supports local bank withdrawal, so timing varies materially by country. (Their business description says they support global payout but does not guarantee a universal payout speed.)
★ 3.8 trustpilotRead review →
Clover
POS SystemClover is a widely used, all-in-one POS platform (hardware + software + app marketplace) favored by small and medium retailers and restaurants and backed by Fiserv, offering broad functionality but with real-world variability in support and reseller pricing.
- Pricing clarity
- 3.0
- Feature set
- 5.0
- Ease of use
- 4.0
★ 1.01 bbbRead review →
NMI (Network Merchants Inc)
Payment GatewayNMI (Network Merchants, Inc.) is a mature, ISO/ISV-focused embedded-payments gateway and enablement platform with broad developer tooling and enterprise integrations, but merchant experiences can vary depending on the partner/acquirer relationship.
Online rate
Not publicly disclosed - varies by processor/ISO
Payout
commonly 1–2 business days for standard ACH/card settlements
★ 1 bbbRead review →
The Importance of Payment Processor Reviews
Choosing the right payment processor is one of the most important decisions for any business, whether you're a startup, an established retailer, or an online ecommerce brand. A payment processor determines how you accept payments, manage cash flow, and keep costs like processing fees, interchange fees, and card processing fees under control. That's why payment processor reviews and merchant processor reviews are valuable resources for comparing companies like PayKings, Zen Payments, Stax, Helcim, National Processing, Heartland Payments, Global Payments, Shift4, and Chase Payment Solutions.
Key Features to Evaluate in Merchant Services
As you're looking through reviews and comparing providers, don't only look at the price or percentage per transaction. Consider these factors as well:
- Merchant account setup – How easy is it to open a merchant account and link a bank account?
- POS and virtual terminal support – Do they offer modern point of sale (POS) systems, mobile payment options, or a virtual terminal for remote credit card processing?
- Payment card compatibility – Look for support for credit cards, debit cards, Apple Pay, Google Pay, Google Wallet, Mastercard, and even QR code payments (if you're looking to give your clientele more options).
- Accounting and finance tools – Many processors integrate with accounting software like Xero, Intuit, QuickBooks, or Salesforce for smoother bookkeeping, payroll, and tax management.
- Data security – Strong encryption, tokenization, and authentication ensure compliance with the Payment Card Industry Data Security Standard (PCI DSS).
Keep in Mind the Customer Experience and Usability of Payment Processors
Beyond functionality, the usability and interface of the system matters. Smooth shopping cart integration, compatibility with iOS and web browsers, and additional features like inventory management, printer support, and barcode scanning all improve workflow. Be sure to look for reviews that highlight whether these features are included with a specific payment processor and how well they work. Reliable customer support that quickly responds is critical when it comes to payment processing. Be sure to choose a payment processor with a solid reputation with good feedback about their customer support.