Payment Depot vs Shopify

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

	Payment Depot	Shopify

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	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)	starts at $29/mo
Good For	Businesses processing $20,000 or more per month
Equipment	POS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing	Card reader: $49; 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	2.4% to 2.6% (+ $0.10)
Online Rate	Interchange rate + $0.18	2.5% to 2.9% (+ $0.30)
Keyed-in Transaction Fee	Interchange + 18¢	3.5% + $.10
Deposit Time	Next day deposits
	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
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	Save Over $400 Per Month on Average First Month Free Save 40% or More
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Save Over $400 Per Month on Average

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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.