PaymentCloud is a merchant services provider that is best for retail and ecommerce businesses that are categorized as high-risk. Its other features and solutions include porting, merchant support, ACH payments, a shopping cart, and an Independent Service Organization (ISO) and agent program.
PaymentCloud Pros and Cons
Easy to implement
System lags sometimes
Helpful customer support team
Limited support for CBD sellers
Who PaymentCloud Is Best For
- High-risk retail and ecommerce businesses that process payments online: PaymentCloud’s high-risk merchant support and ACH solutions enable you to accept multiple payment types and get funded without bank approval issues.
PaymentCloud’s pricing information is not available on its website. For reference, similar payment gateway providers charge a standard online fee of around 2.9% plus 30 cents per transaction. However, expect that high-risk processing fees are higher than standard due to the nature of the service. Those interested may contact PaymentCloud to inquire.
PaymentCloud Alternatives 2020
The software provides solutions for high-risk merchants to securely process online and in-person transactions. Let’s take a look at some of PaymentCloud’s features below.
ACH payments: PaymentCloud gives you access and approval, as well as provides tools and services, to process ACH transactions.
Ecommerce solutions: This enables you to easily integrate your payment processor with your website’s content management system (CMS).
Porting: If you have existing subscriptions and memberships that you need to port from an application like Stripe, then PaymentCloud can take care of the migration for you.
Virtual terminals and shopping carts: The provider’s open API design enables you to connect with your existing shopping cart and accept credit card payments.
ISO and agent program: You may submit your application through PaymentCloud’s agent portal. The provider will then assist you in boarding your merchants and growing your portfolio.
Summary of PaymentCloud Reviews
As of this article’s writing (July 8, 2020), there are not a lot of up-to-date PaymentCloud reviews available online. However, some users said that they like how easy it is to set up and use, while a handful of others said that they experience occasional glitches in the system. If you are a past or current PaymentCloud customer, then leave a review to help those who are deciding whether or not to use the product.
PaymentCloud Frequently Asked Questions (FAQs)
Which third-party applications does PaymentCloud integrate with?
PaymentCloud integrates with Authorize.Net, Shopify, WooCommerce, Wix, PrestaShop, Drupal, Weebly, Volusion, and more.
How fast is the approval process for deals?
The most standard approval period is 48 hours. However, it may also depend on how quickly you can procure all required documents.
Does PaymentCloud offer user training programs?
PaymentCloud has an in-house team that provides ISOs and agents with all the educational tools that they need for increasing approval rates and growing portfolios.
Our Top Merchant Services Picks
If you aren’t sure if PaymentCloud is right for you, then this article on the best high risk merchant services is a review of our top choices. Our team looked at a variety of solutions and narrowed our recommendations down based on the fees, approval process, ease of use, industries served, hardware options, and customer support.