Corepay
Payment Processor
4.4 / 5.0(13 reviews)
B
Expert grade
3.7/5
Fact-checked January 12, 2026
Founded
2017
Headquarters
1133 Louisiana Avenue, Suite 212, Winter Park, Florida 32789, United States
Company size
11-50 Employees
Website
Visit websiteThe takeB
Reading Progress0%
4 min read
Chapter 1
Should you choose Corepay?
The headline take, the audiences it's right (and wrong) for, and the genuine differentiators behind the verdict.
TL;DR
Corepay offers merchant services and payment processing specifically designed to support both low-risk and high-risk businesses, including e-commerce, subscription models, CBD, telemedicine, travel, and more. Its services include merchant account setup, fraud prevention tools, chargeback management, payment gateway integration, and risk evaluation. Corepay emphasizes fast approvals, personalized support, and flexible integration with e-commerce platforms like Shopify and WooCommerce.
Weaknesses include limited publicly available pricing information, lack of complete transparency on contract terms, and absence of easily findable major review data on platforms like Google, Yelp, and BBB. Some merchants may find limitations if they need certain international capabilities or broader chargeback protection features built into other larger processors.
Strengths include excellent customer service, a specialization in hard-to-place merchants, and positive reviews from clients who rely on Corepay for critical payment processing needs. Its tailored underwriting process and customization for merchant needs stand out compared to generic processors.
About
Corepay is a payment processor that specializes in tailored merchant accounts for high-risk industries with global service and a focus on customer support.
Pros, cons, and audience
Best for
- High-risk e-commerce businesses
- Merchants with compliance challenges
- Mid-sized or growing online sellers
- Companies needing tailored underwriting
Skip it if you
- Small low-risk merchants expecting turnkey flat pricing
- Businesses needing publicly verified pricing upfront
- Merchants wanting robust consumer review data before signup
Pros
- Strong customer support according to user reviews
- Tailored high-risk merchant account solutions
- Fast approval times for many merchants
- Integrations with popular platforms
- Fraud and chargeback mitigation tools
Cons
- Pricing transparency is limited publicly
- No visible Google, BBB, or Yelp reviews
- Hard to verify contract details online
- $1000 annual account fee
- Does not accept EBT
How we score it
3
Pricing Transparency
4
Feature Set
4
Ease of Use
4
Customer Support
3
Contract Terms
4
Industry Reputation
How we got there
Corepay is a payment processor that specializes in high-risk merchant accounts. It receives generally positive reviews, with many merchants praising its customer service and quick setup, especially for high-risk industries. However, it can be difficult to find pricing information and their contract lengths aren't disclosed. Additionally, high-risk businesses must pay a high annual fee in addition to transaction costs.
Chapter 2
What it costs
Real-world cost at three volumes, plus the rates, fees, payouts, and contract terms that drive them.
What Corepay actually costs
Estimated annual cost at three realistic processing volumes, using Corepay’s published online rate plus monthly fees. Real costs vary with average transaction size, chargeback rate, and any negotiated terms.
Small business
$10K/mo volume · ~$75 avg transaction
$4.7K/year
≈ $389/mo · 3.89% effective rate
Growing merchant
$50K/mo volume · ~$100 avg transaction
$19K/year
≈ $1.5K/mo · 3.10% effective rate
High volume
$250K/mo volume · ~$150 avg transaction
$88K/year
≈ $7.3K/mo · 2.94% effective rate
Processing Rates
Online Transactions
Card-not-present, e-commerce, and online payments
Not publicly disclosed
Per transaction
In-Person Transactions
Card-present retail and point-of-sale transactions
Not publicly disclosed
Per transaction
Keyed Transactions
Manually entered card-not-present transactions
Not publicly disclosed
Per transaction
International Transactions
Cross-border and foreign currency transactions
Not publicly disclosed
Per transaction
Fees
Monthly Fee
low-risk starting at $99
Recurring monthly account fee
Setup Fee
Not publicly disclosed
One-time account setup and onboarding fee
PCI Compliance Fee
Not publicly disclosed
Annual PCI DSS compliance and security fee
Statement Fee
Not publicly disclosed
Monthly account statement and reporting fee
Chargeback Fee
Not publicly disclosed
Per-incident chargeback dispute fee
Early Termination Fee
Not publicly disclosed
Fee for canceling before contract end
Payouts
Standard Payout Time
1 - 5 days
Regular deposit schedule to your bank account
Expedited Payout Time
Not publicly disclosed
Faster deposit option (may have additional fees)
Minimum Payout Amount
Not publicly disclosed
Minimum balance required before payout
Contract Terms
Contract Length
Required commitment period
Not publicly disclosed
Corepay Pricing Calculator
Estimate your monthly costs
Pick a published plan, enter your volume and transaction profile, and we’ll compute the math the same way an underwriter would. Real costs vary with card mix, chargeback rate, and any negotiated terms.
$
$
Estimated Monthly Cost
$99.00
Effective Rate
0.99%
Monthly fee$99.00
Number of transactions200
Flat all-in rate (interchange built in)
Chapter 3
What you actually get
Products, integrations, payment-type coverage, security posture, and how their support holds up in practice.
Special Features
Subscription Management
Manage recurring subscriptions and billing cycles
Supported
Invoicing
Create and send professional invoices
Supported
Virtual Terminal
Accept payments manually via web interface
Supported
Recurring Billing
Automated recurring payment processing
Supported
Multi-Currency Support
Accept and process multiple currencies
Supported
Accepted Payment Types
Credit & Debit Cards
Visa
Mastercard
Discover
American Express (dependent on underwriting and program eligibility)
Digital Wallets
Apple Pay
Google Pay
Samsung Pay
Bank Transfers
ACH payments
eCheck
Direct Bank Debits
Alternative Payment Methods
Recurring and subscription billing payments
Installment or split payments through supported gateways
Multi-currency card payments for international customers
Integrations
E-commerce Platforms
Compatible shopping cart and online store platforms
Shopify WooCommerceWixMagentoBigCommerceCheckout Champ
6 integrations available
Accounting Software
Sync transactions with your accounting tools
NetSuiteMicrosoft 365
2 integrations available
CRM Systems
Connect with customer relationship management platforms
Salesforce
1 integration available
Security & Compliance
PCI Compliance
Payment Card Industry Data Security Standard compliance level
PCI Level 1
Fraud Prevention
Fraud detection and prevention tools
3-D Secure 2.1 authentication
Data Encryption
Encryption standards for data at rest and in transit
Modern encryption protocols (such as TLS)
Tokenization
Supported
Replace sensitive card data with secure tokens
Support & Contact
+1 407-250-1012 or +1 866-987-1969
info@corepay.net
Not supported
24_7
Support Types
phoneemail
Chapter 4
What others say
Synthesis of third-party platform reviews and industry ratings — agreements, disagreements, and which signals to weight.
Platform Ratings
Aggregated Trust Score
Based on 13 reviews across 1 rating platform
4.4
out of 5
Overall Rating
Trustpilot
13 reviews
Reviewer Notes
Most reviews are positive, highlighting fast approval, excellent customer service, transparent pricing, and helpful support, especially for high-risk merchants. A negative comment referenced difficulty getting approved. The Corepay response claims the difficulty as due to this client's specific vertical.
How we evaluated Corepay
We evaluate every payment processor independently — Payment Review does not accept paid placement. Our analysis combines hands-on product testing where possible, public pricing and policy documents, third-party reviews from BBB, Trustpilot, Google, and G2, and employee feedback from sites like Glassdoor and Indeed. We update reviews on a rolling cadence and flag the next review date so readers know how fresh the analysis is.
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