PaymentCloud Review


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.” PaymentCloud’s acquiring bank is also not listed on its website, possibly because high risk providers tend to work with multiple acquirers. PaymentCloud’s headquarters are located at 6303 Owensmouth Ave. Woodland Hills, California 91367. The executive vice president and managing partner of PaymentCloud is Shawn Silver, the former vice president of high risk at iPayment.

PaymentCloud Products and Services


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

Sales & Marketing

Key Points - Sales & Marketing

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

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 unable to locate any PaymentCloud complaints that mention misrepresentation or nondisclosure by the company’s sales team. This may indicate that the company exercises a greater-than-usual amount of control over the conduct of its ISO offices.

The PaymentCloud homepage currently quotes “Swipe Rates Starting at 0.39%.” This rate is almost certainly the lowest available qualified debit card rate for merchants who are on tiered pricing, which means that it is not likely to apply to the vast majority of mid-qualified or non-qualified transactions. We consider this type of rate quote to be deceptive because it could give merchants an unrealistic expectation of what they will pay. This is doubly true for high risk merchants, as high risk industries almost always have to pay higher-than-average transaction fees.

Although PaymentCloud has not received negative feedback about its sales tactics, we have slightly lowered its score in this section due to its lack of organizational transparency and its use of a “teaser” rate on its homepage.


Costs & Contract

Key Points - Costs & Contract

Swiped Rate Variable
Keyed-in Rate Variable
Early Termination Fee Variable
PCI Compliance Fee Variable
Equipment Lease Terms Variable

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 its contract terms will fluctuate depending on each merchant’s processing history, risk level, chargeback rate, and sales volume. This is especially true of merchants in high risk industries.

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.

Given the lack of information about PaymentCloud’s contract terms, we have assigned the company an “A” rating at this time. However, merchants should be sure to 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.


Complaints & Service

Key Points - Complaints & Service

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

We are unable to locate any negative PaymentCloud reviews, which is a strong indicator that the company isn’t a scam or a ripoff. In fact, there do not appear to be any positive or negative merchant reviews of PaymentCloud anywhere on the internet. Given the fact that the company claims to have been operating in the high risk sector for at least seven years, it is surprising that there is no merchant feedback about PaymentCloud. This may be due to a past rebranding, a small merchant base, or simply excellent service from PaymentCloud. 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.



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.

PaymentCloud Logo

PaymentCloud Bottom Line

PaymentCloud rates as a reliable merchant services provider according to our rating criteria. The company has not received any public negative feedback from merchants. However, we do not have detailed information regarding its contract terms, ownership team, or corporate partnerships at this time. There are also some minor points of concern in terms of how the company markets its products and whether it sells equipment leases. PaymentCloud’s rating may be subject to change once more information is available.

Hi, I’m Phillip and I’m disgusted by the state of credit card processing in the U.S. and abroad. I believe that the industry has been overrun by people who engage in fraud and deception in order to steal money from hard working business owners. I’ve made it my mission to expose the companies and individuals who engage in predatory marketing, pricing, and contracts, or just provide terrible service. Along with uncovering the bad guys, I’ve also discovered the good guys who do stand out from the status quo. CPO is a website where you will find ratings and reviews of these companies along with advice on how to save money and which service providers consider. Together we can move the industry in a positive direction. If you would like to help support my work, please checkout “Fee Sweep” my eGuide to getting the lowest possible fees when accepting card payments. If you haven’t heard of “interchange” this advice will save you hundreds, even thousands, in processing fees.

Schedule a Consultation with Phillip

2 Reviews Leave Your Review Below

  1. 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. Alana,

      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.

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