Payment Depot vs Payanywhere

Payment Depot is a cheap merchant account provider for high-volume businesses. How does it compare to Payanywhere? Read our comparison chart below.

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.

While Payanywhere charges a flat rate of 2.69% per swiped transaction. Larger businesses processing $10,000 or more a month can switch to a discount or custom plan, but the rates are not as transparent. Mobile POS and virtual terminal are included for free.

Compare Payment Depot with Payanywhere, side-by-side.

	Payment Depot	Payanywhere

	Visit Site	Learn More
	SPECIAL OFFER Save Over $400 Per Month on Average - Learn More Read Payment Depot Review
	Benefits and Features
Monthly Fee	Start at $79/month (Process up to $250,000/yr) Custom quote (Process more than $250,000/yr)	No monthly fees; $3.99/mo inactivity fee for merchants with no transaction for 12 months
Good For	Businesses processing $20,000 or more per month	New small businesses with average transaction under $100
Equipment	POS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing	3-in-1 card reader: $59.95; Terminal and POS available for purchase
Customer Service	Phone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn)
Fraud Prevention Tools
Invoice Management	Integration needed
Pricing Model	Subscription	Flat rate
Recurring Billing	Integration needed
Swipe Rate	Interchange rate + $0.08	2.69% per transaction
Online Rate	Interchange rate + $0.18	3.49% + 19¢ for invoices
Keyed-in Transaction Fee	Interchange + 18¢	3.49% + 19¢
Deposit Time	Next day deposits	Next day funding; 1% fee for same day funding
	CreditDonkey® Reviews

Price
Equipment
Contract
Customer Service
Ecommerce
High Volume Business
Low Volume Business
Pros & Cons	Pros: Affordable membership pricing Cancel anytime Cons: Not ideal for small businesses Equipment return fee
Bottom Line	Cheap merchant account provider for high-volume businesses... Read full review
	Visit Site	Learn More
	Save Over $400 Per Month on Average First Month Free Save 40% or More
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Save Over $400 Per Month on Average

Learn More

📞 1-866-676-0771

No hidden fees
No surprises
No cancellation fees

First Month Free

📞 1-866-676-0771

Wholesale Rates
Membership Fee Model
No Cancellation Fees

Save 40% or More

📞 1-866-676-0771

Wholesale Rates
Membership Fee Model
No Cancellation Fees

Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Payment Depot or Square.