Clover vs Payment Depot

Founded in 2011 and headquartered in Sunnyvale, California, Clover Credit Card Processing, a Fiserv subsidiary, is a cloud-based payment processor catering to small and medium-sized businesses. Renowned for its innovative features, including enhanced inventory tracking, seamless integrations, and multicurrency support, Clover simplifies payment processing and business operations. It has become a top choice in the modern business landscape due to its comprehensive approach and adaptability to diverse industry needs. Customer experiences vary, with positive reviews emphasizing efficiency and security measures, while some note concerns about communication and billing issues. Clover's commitment to PCI compliance is evident through adherence to the Payment Card Industry Data Security Standard (PCI DSS). This underscores their dedication to secure payment transactions, employing cutting-edge technologies like 2-factor authentication and end-to-end encryption. Despite some user-specific challenges, the company's reliable technology and Fiserv backing position Clover as a trusted partner for businesses seeking integrated payment processing solutions.

Payment Depot is a credit card processor, founded in 2013 and based in Orange, CA, that is owned by fellow processing company Stax. They are BBB-accredited and have a 3.9/5 score on Trustpilot. Payment Depot built a reputation for providing reliable services to their clients across the United States, allowing them to securely accept payments from customers worldwide. They serve many industries, such as retail, restaurants, healthcare, services, B2B, and more. Payment Depot offers various features designed to make it easier for businesses to accept payments and manage their finances, including access to multiple payment processing networks, secure online payments, fraud protection systems, and a host of other business solutions tailored to small and large enterprises. Payment Depot doesn't require long-term contracts, and they have no startup or cancellation fees. Their funding is provided within 24 to 48 hours, and they offer 24/7 customer service via phone, chat, and email. Payment Depot offers a membership-based pricing model, which allows businesses to access wholesale interchange rates with no markups and minimal added fees. Their plans start at $79 a month but require clients to submit for a quote based on their requirements.