Chase Payment Solutions vs Payment Depot
Chase Payment Solutions is a well known processor with extra benefits for Chase banking customers. How does it compare to Payment Depot? Read our comparison chart below.
Chase Payment Solutions is used by over 5 million businesses. It offers flat-rate pricing, at 2.6% +10¢ per tap, dip and swiped transaction. Plus, same-day deposits are available with a Chase Business Complete Banking account.
While Payment Depot offers membership pricing plans based on business volume. It starts at $79/mo, plus Interchange + 8¢ per transaction for swipe, and Interchange + 18¢ for online transactions. There is no contract.
Compare Chase Payment Solutions with Payment Depot, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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Chase Payment Solutions | Payment Depot | |
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Chase Payment Solutions℠ - | Save Over $400 Per Month on Average - | |
Benefits and Features | ||
Monthly Fee |
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Good For | Businesses processing $20,000 or more per month | |
Equipment | POS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing | |
Customer Service | Get 24/7 support, online or from a live U.S.-based Chase Payment Solutions agent. | Phone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn) |
Fraud Prevention Tools | ||
Invoice Management | ||
Pricing Model | ||
Recurring Billing | ||
Swipe Rate | 2.6% rate +10¢ per tap, dip and swiped transaction | |
Online Rate | 2.90% + 25¢ per eCommerce transaction and monthly fee starting at $9.95 | |
Keyed-in Transaction Fee | 3.5% rate +10¢ per keyed transaction | |
Deposit Time | Fast funding at no additional cost. Get deposits as soon as the same day | |
CreditDonkey® Reviews | ||
Price | ||
Equipment | ||
Contract | ||
Customer Service | ||
Ecommerce | ||
High Volume Business | ||
Low Volume Business | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Well known processor with extra benefits for Chase banking customers... | Cheap merchant account provider for high-volume businesses... |
Visit Site | Visit Site | |
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Chase Payment Solutions℠
- Limited time offer: Get $100 off the Chase Point of Sale (POS)℠ Terminal. Fill out the form and ask a Payments Advisor how to claim.
- Fast funding at no additional cost. Get deposits as soon as same day.
- Get fair and transparent pricing with no hidden fees. 2.6% rate +10¢ per tap, dip and swiped transaction. 2.90% + 25¢ per eCommerce transaction and monthly fee starting at $9.95. 3.5% rate +10¢ per keyed transaction.
- Get paid fast and manage your business from anywhere with the Chase Point of Sale system. Use our mobile app, reader and terminal to take payments via tap, dip and swipe.
- Process payments with Chase Payment Solutions, the #1 merchant acquirer in the U.S.
- Tap to Pay on iPhone offers you the ability to accept contactless cards, Apple Pay and other digital wallets on your iPhone – no additional hardware required.
- Chase Customer Insights is a complimentary business intelligence platform that offers simple, actionable analytics and reports to help you make better business decisions and reach more customers.
Which is Better: Chase Payment Solutions or Payment Depot?
Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Chase Payment Solutions or Square.
In short: Chase Payment Solutions' low volume business is impressive. Payment Depot's contract, customer service, and high volume business are notable. In particular, the contract and high volume business are excellent.