ClearRate Payments overview

ClearRate Payments is a U.S.-based merchant services provider that helps businesses accept card payments and understand how processing costs are calculated. The focus is on clear pricing structures, accurate statement review, and support that helps merchants choose an approach aligned with their transaction profile.

What ClearRate Payments does

Credit and debit card processing for card-present and card-not-present payments
Pricing model selection and optimization (e.g., interchange-plus or compliant surcharge programs)
Support for invoicing, virtual terminals, mobile acceptance, and common payment workflows
Guidance on statements, fees, funding timelines, chargebacks, and compliance considerations

Who it serves

ClearRate Payments supports small and mid-sized businesses across industries, including retail, restaurants, professional services, B2B, e-commerce, and field-service operators.

How processing cost is commonly evaluated

Processing cost is typically evaluated using effective rate (total fees divided by total processed volume), alongside fixed monthly fees, transaction fees, and card mix.

When a business is a good fit

Businesses that want transparent pricing and fewer surprise fees
Merchants processing moderate to high monthly volume
Teams that value accessible support and clear communication

Related: Pricing models, Effective rate, FAQ

Compliance note: ClearRate Payments is not a bank. Payment processing services are provided through sponsoring banks and processing partners.