PaymentCloud Overview

Specializing in Hard-To-Place Business Types

Headquartered in Woodland Hills, California, PaymentCloud ( is a merchant account provider that specializes in credit card processing solutions for high risk business types. The company does not publicly list any information about its founding date or its executive leadership, but some of the copy on its site makes reference to its work over “the past seven years.” In addition, there is some evidence that the company is a reseller of Electronic Merchant Systems.

Multiple Partner Banks

PaymentCloud’s acquiring bank is not listed on its website, possibly because high risk credit card processors tend to work with multiple acquirers. PaymentCloud’s headquarters are located at 15165 Ventura Blvd #245, Sherman Oaks, California 91403. The executive vice president and managing partner of PaymentCloud is Shawn Silver, the former vice president of high risk at iPayment.

PaymentCloud Review Table of Contents

  • Costs & Contract: PaymentCloud offers a contract of variable length that may or may not include an early termination fee.
  • Complaints & Service: PaymentCloud has received fewer than 10 public complaints.
  • BBB Rating: PaymentCloud does not have a rating with the Better Business Bureau at this time.
  • Sales & Marketing: PaymentCloud appears to hire independent sales agents but has not received any complaints about its sales practices.
  • Rates & Fees: How Merchants Got The Best Rates With PaymentCloud

Contact PaymentCloud

Phone: (888) 506-7859
Address: 6303 Owensmouth Ave. Woodland Hills, California 91367

PaymentCloud Statement Analyzer

Find hidden fees, pricing errors, and overcharges in your PaymentCloud merchant account. Not with PaymentCloud? That's ok, we can find excessive fees in any statement. In fact, We've found $725,402 in total hidden fees in 2019 already! Submit a recent statement to try it out for free.

  • Accepted file types: pdf, doc, docx, png, jpg, xls, xlxs.

Products & Services Offered

Types of Businesses Served

  • Retail
  • E-commerce
  • Restaurant
  • B2B
  • Non-profit
  • High risk

Our unbiased reviews are supported, in part, by helping you find highly rated merchant accounts. You can learn more here.

PaymentCloud Rates, Fees, and Costs

Key Points

Swiped Rate 3.00% - 6.50%
Keyed-in Rate 3.00% - 6.50%
Early Termination Fee $195 - $1,500
PCI Compliance Fee Variable
Equipment Lease Terms Variable

Custom Pricing

There is very little publicly available information about the standard PaymentCloud contract at this time. The company does not list its pricing or fees on its website, and there are no merchant complaints that specifically mention rates or fees. PaymentCloud serves a wide range of business types, including high risk businesses, so it is very likely that the company’s contract terms will fluctuate depending on each merchant’s processing history, risk level, chargeback rate, and sales volume. It is common for merchants in high risk sectors to pay higher per-transaction fees, so standard risk merchants may be better served by going with a cheap merchant account.

Say No To Leases

One portion of the PaymentCloud website mentions that the company offers equipment leases, so merchants should be aware that equipment lease agreements may be included in the company’s standard merchant account paperwork. Equipment leases can sometimes take the form of non-cancellable agreements of up to four years and can cost thousands of dollars over their full terms. For this reason, merchants are almost always advised to purchase rather than lease equipment wherever possible.

No Significant Complaints

Given the lack of information about PaymentCloud’s contract terms, we have assigned the company an “A” rating at this time. One merchant complaint in the comment section of this review mentions rates from 3% to 6.5% and a cancellation fee of over $1,500, but this fee will actually vary depending on different factors and can sometimes be totally waived. However, merchants should be sure to carefully read and review all relevant documentation. If you have any knowledge of the standard PaymentCloud contract, please share that information in the comment section below this review.

Are you happy with your PaymentCloud fees? Tell us about them before your go!

Response from PaymentCloud

We’re here to help! Call us at (888) 506-7859 or visit!

PaymentCloud Complaints & Customer Reviews

Key Points

Total Online Complaints <10
Live Customer Support Yes
Most Common Complaint N/A

Clean Complaint Record

We are unable to locate a couple of negative PaymentCloud reviews, and none accuse the company of being a scam or a ripoff. Given the fact that the payment processor claims to have been operating in the high risk sector for at least seven years, it is surprising that there is so little merchant feedback about PaymentCloud. This may be due to a small merchant base or simply excellent service from PaymentCloud. Merchants looking for gun merchant accounts, adult merchant accounts, nutraceutical merchant accounts, and other commonly declined industries can expect quality service from PaymentCloud.

PaymentCloud Lawsuits

We have not found any outstanding class-action lawsuits or FTC complaints filed against PaymentCloud. Dissatisfied merchants who wish to pursue a non-litigious course of action against the company should consider reporting it to the relevant supervisory organizations.

No Red Flags

In the absence of any evidence to suggest that merchants are having negative experiences through the company, we have assigned PaymentCloud an “A” rating in this category. The company offers a phone number on its website, but it’s unclear if this line is dedicated to customer support.

Do you have a complaint or testimonial about PaymentCloud? Make your voice heard before you go!

Response from PaymentCloud

We’re here to help! Call us at (888) 506-7859 or visit!

PaymentCloud BBB Rating Summary

The Better Business Bureau does not maintain a profile for PaymentCloud at this time. We therefore will not factor a BBB rating into this review.

How has PaymentCloud treated you? Tell us about it here!

Response from PaymentCloud

We’re here to help! Call us at (888) 506-7859 or visit!

Truth In Marketing & Advertising

Key Points

Employs Independent Resellers Yes
Advertises Deceptive Rates No
Discloses All Important Terms No

No Widespread Sales Issue

PaymentCloud utilizes strategic partnerships, affiliate programs, and independent sales agents to market its services. The use of independent sales agents is usually linked to negative reviews within the credit card processing industry, but we are currently able to locate only one PaymentCloud complaint that mentions a potential misrepresentation of rates by the company’s sales team, but this appears to have been an isolated incident. This low complaint total may indicate that the company exercises a greater-than-usual amount of control over the conduct of its ISO offices.

Improved Disclosure

At the time of a previous update, the PaymentCloud homepage quoted “Swipe Rates Starting at 0.39%.” This rate was almost certainly the lowest available qualified debit card rate for merchants who were on tiered pricing, which meant that it was not likely to apply to the vast majority of mid-qualified or non-qualified transactions. The company has since removed this quote, which has improved its score in this section.

From “B” to “A”

PaymentCloud has improved its marketing approach since our last update. Merchants who require especially high risk merchant accounts such as TMF/MATCH accounts or bad credit merchant accounts should be advised that they will likely pay much higher rates than the 0.39% that PaymentCloud formerly advertised.

Did you get what you expected from PaymentCloud? Tell us why, or why not.

Response from PaymentCloud

We’re here to help! Call us at (888) 506-7859 or visit!

PaymentCloud Logo

Our Opinion of PaymentCloud

A Great Option for High Risk

PaymentCloud rates as a reliable merchant services provider according to our rating criteria. The company has not received much public negative feedback from merchants and deserves consideration from any high risk business, especially those that wish to integrate their account with QuickBooks.

For more information on the company, see the PaymentCloud website or call (888) 506-7859.

We rely on your feedback about PaymentCloud to keep this review accurate and up-to-date. Please take a minute to tell us about your experience. We and the small business owners of this world thank you!

Thank you for reading my review. I hope that it has helped you with your research.

My Qualifications

I'm a former credit card processing sales director who left the industry to start my own a small business. From the time that I starting working in the merchant services industry to when I left to write about it, I've been on the pulse of payments for nearly 15 years. It didn't seem fair to keep this insider knowledge to myself, so decided to build this website to help you research which providers to use and how to save money on rates and fees. I've reviewed hundreds of companies, read thousands of user reviews, and learned the pricing tricks of every provider. If you have questions about credit card processing, you can find the answers here. Simply scroll to the top of the page to find the search bar. You can also message me if you need any guidance.

Need help understanding your rates and fees? Submit a recent statement and I'll take a look at it for free.

Submit a Statement

  • Accepted file types: jpg, png, pdf, xls, xlsx.

12 Reviews Leave Your Review for PaymentCloud Below

  1. Alana says:

    They are in connection with EMS which had a D rating and have over 50 complaints of the company freezing their account and keeping the money. Stay away!

    1. Neal says:


      PaymentCloud is a payment company that is currently sub registered with Chesapeake Bank, Esquire Bank, & Harris Bank to name a few. We utilize different acquiring solutions that each specialize in “hard to place” high risk SIC codes. These different acquiring solutions are a great fit for almost all card-not-present (CNP) businesses that consist of future delivery, high ticket size, restricted business types, and difficult guarantor credit. Most of these banks have similar underwriting requirements and procedures in terms of how they analyze an account on a risk basis. However, with that said Electronic Merchant Systems (EMS) does conduct first batch release audits and site inspections to mitigate their risk. If these conditions are not met, then probable cause to terminate a merchant relationship could be executed. PaymentCloud is always more then willing to help and assist with any risk/security questions or concerns as they pertain to each and every banking relationship we have in place. Please feel free to email me directly and I can look into your particular case and hopefully offer a solution.

  2. Chris says:

    Not currently offering accounts to credit repair start-ups.

    1. Neal says:


      Just to clarify the sponsoring bank where we were boarding all of our credit repair accounts tightened up their credit policy, therefore not accepting any new credit repair accounts. We have since found another bank and are going back and forth with legal to wrap up agreements, we are being told that it is at the tail end and we should have that solution back up and running shortly.

      It should be worth mentioning that we do have an existing solution for credit repair merchants that have a minimum of 3 months clean processing under their belt.

      Thanks guys!

  3. Jordan says:

    I had some problems getting a merchant account because I was erroneously placed on the MATCH/TMS List and it took a month for them to realize their mistake and remove me from that list. But I had contacted Payment Cloud in that time and the person associated with my account, Neal, was extremely supportive and kind to me during that whole process.

    Even though (at the time) I was not putting an application in with them, he offered to give me support and advice during that time about how to proceed and how to find out how to get off that List.

    When it was time for me finally get a merchant account, I obviously had many options, but I didn’t consider them because Neal had actually treated me like a person and genuinely wanted to help me when I needed it.

    I trust him and Payment Cloud completely to give me the best advice possible and support me again should anything not go as smoothly as planned.

    1. CPO Admin says:

      Hi Jordan,

      Please reply to this comment with your business name and location in order to authenticate your testimonial. Thanks!

  4. Payment cloud made it very easy from start to finish, very happy with the service. I highly recommend payment cloud.

  5. Bijan says:

    I came across Payment Cloud through various attempts at getting merchant accounts. I have been working with Faviola Paz and she has constantly exceeded my expectations.
    She is extremely quick with her work and doesn’t like to waste any time, something that is greatly valued. Aside from that she’s just a great person to deal with. Couldn’t be happier with the fact that I came across Payment Cloud and Faviola. Within 24 hours she had me applied for a merchant account and approved that same week. Outstanding! I’m very pleased, thank you for everything.

    1. Phillip says:

      Hi Bijan,

      Please reply to this comment with your business name and location in order to authenticate your testimonial. Thanks!

  6. We used them for several months in 2017, after their staff said they would give us rates better than our current processor. Big mistake switching. We ended up going from 3% to paying over 6.5% on an average month. Additionally, although they said they would let us out of the contract if we were not happy with their service, they wouldn’t. ETF cost us over $1,500 to get out of that contact. However, by moving to another company we saved enough in 6 months to cover their screwing us. Highly recommend you stay away from them. Please contact me to verify this as I have it documented and would be happy to provide the evidence and the salesman’s name. Jim. [email protected]

    From The Editor
    This Post Might Help: Best High Risk Merchant Account Providers

  7. Adam Amaro says:

    Great merchant processing company! My business is in the high risk category, I had to provide a few extra details about my business as well as make some adjustments to my website, however I had a great account representative that walked me through the entire process and got me approved for a merchant account. The vaolume limit on my account is slightly lower than I asked for however that’s to be expected for any start up business in the high risk category. I am very happy with the, comparably, excellent processing rates, and the really nice virtual terminal they set me up with.
    Highly recommend company!
    Thank you
    Adam Amaro

  8. Tom Hanson says:

    I used this NRA endorsed company. They set me up with PaySafe a British owned company. After nearly a month of delays with getting registered I gave up and went with TYSYS, a Denver based, gun friendly company. within a week I was on board and selling from my store site. Now I find I have been charged by PaySafe for services not rendered and was told I may not get a refund. The gent at payment cloud was very nice and did the best he could. At one point he admitted to problems with PaySafe. I’d steer clear. I was also told that I was in a high risk category and would pay slightly higher rates. I sell accessories not guns.

    From The Editor
    This Post Might Help: Gun-Friendly Merchant Accounts

Leave a Review for PaymentCloud

Your email address will not be published. Required fields are marked *

Please do not use profanity or ALL CAPITAL LETTERS in your review. Reviews must provide a detailed account of your experience. By submitting a review or comment to CPO, you are agreeing to our Comment Policy.