Overview
Merchant One is a full‑service merchant account provider with quick approvals, next‑day funding options, and custom pricing that includes interchange‑plus on request. The company publishes “qualified” rate ranges, a small monthly fee, and promotes a terminal placement program with Clover hardware available.
Best for
Small businesses that want hands‑on onboarding, dedicated account management, and equipment options (including Clover) with flexible pricing models.
Key takeaways
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Publicly listed “qualified” rates: 0.29%–1.55% swiped; 0.29%–1.99% keyed; monthly fee $13.95 (your contract controls final pricing). Next‑day funding is advertised.
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Interchange‑plus is available; ask to see a written schedule for all surcharges, PCI fees, and any ETF.
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Third‑party reviews often note multi‑year contracts and early termination fees—read before signing.
Pros
- Tailored customer support
- Customizable pricing plans
- Quick Approval and Setup
- Multiple payment methods
- Advanced data protection
Cons
- Long-term contracts possible
- Hidden fees likely
- Varied customer feedback
MerchantOne for Different Business Types
MerchantOne for Retail Businesses (POS Systems & Free Terminals)
MerchantOne serves retail stores with seamless Clover POS systems and countertop terminals—such as the Pax S80, Pax S500, FD-130, and Verifone VX-520—available free upon enrollment. These EMV-capable and contactless-ready devices streamline checkout workflows, inventory management, and customer loyalty programs.
Learn more via our guide on merchant services for retail businesses.
Restaurants & Hospitality: Mobile & POS Processing
For cafés, bars, and full-service restaurants, MerchantOne offers mobile readers—including Clover Go and Flex—that support tableside EMV payments and contactless options. When combined with integrated tipping, receipts, and loyalty tools, it boosts efficiency and customer experience.
Explore more in our article on merchant services for restaurants.
E-Commerce Stores: Gateway & Virtual Processing Tools
Online merchants benefit from MerchantOne’s virtual terminal, payment gateway, and recurring payments, enabling integration with over 175 shopping carts, invoice generators, and fraud detection tools. Ideal for e-commerce businesses looking for scalable payment solutions.
Check out our comparison of merchant services for e-commerce.
High-Risk & Credit-Challenged Businesses
MerchantOne claims a 98% approval rate, often working with merchants who’ve faced rejection due to credit history. The flexible onboarding process and dedicated account managers make it a compelling option for high-risk industries seeking reliable payment processing.
MerchantOne by Business Goals
Goal: Custom Pricing (Lowest Processing Costs)
MerchantOne stands out with its interchange-plus pricing model—offering swipe rates between 0.29% to 1.55%, and keyed-in between 0.29% to 1.99%. Businesses receive custom pricing tailored to transaction volume and type.
Goal: Free Hardware & Fast Onboarding
MerchantOne provides free POS terminals under eligible contracts and often onboards businesses within a few days, giving quick access to processing tools and next-day funding opportunities.
Goal: Flexible Integrations & Business Tools
With over 300 third-party integrations (e.g., QuickBooks, Salesforce, Zoho, and HubSpot) and an open API, MerchantOne caters to businesses focused on automation, reporting, and omnichannel sales strategies.
Goal: Reliable Support & Account Management
MerchantOne provides dedicated account managers and 24/7 phone and email support, especially valuable for merchants who prioritize consistent service and assistance.
Goal: Security & Compliance (PCI & Fraud Protection)
MerchantOne adheres to PCI DSS compliance, securing cardholder data and providing fraud prevention tools for various payment types to protect both merchants and customers.
Pricing and fees
Web‑posted snapshot (not exhaustive): $13.95 monthly; 0.29%–1.55% (swiped qualified), 0.29%–1.99% (keyed qualified); terminal placement available; interchange‑plus available. Verify your adders, PCI, chargeback, and gateway fees in writing.
Contract and onboarding
Merchant One markets fast onboarding and dedicated account managers. Independent testers report that some contracts run three years with ETFs—ask for a copy of the Program Guide and any lease before activation.
Hardware and integrations
Clover POS portfolio plus countertop, wireless, and mobile readers; virtual terminal and gateway support.
Funding speed
“Next‑day funding” language appears on site; confirm your cutoff times and eligibility tier.
Security and compliance
PCI compliance via processor tools; train staff on card acceptance best practices and chargeback handling.
Real‑world cost example (illustrative)
A café processing $25,000/month at a $30 average ticket could do better on interchange‑plus if most transactions are card‑present chip/tap. Ask Merchant One to model both qualified/tiered vs. interchange‑plus for your statement.
Who it’s best for
Retail, restaurants, services, and B2B merchants that value setup help and portable hardware choices.
Who should consider alternatives
Merchants requiring transparent, published interchange‑plus with no long‑term commitment.
How to negotiate
Ask: month‑to‑month term, ETF waiver language, interchange‑plus with fixed basis‑points and per‑item cents, and written lists of all monthly/annual and incidentals (PCI, batch, chargeback, gateway).
Reputation and trust signals
Strong Trustpilot presence; BBB shows active profiles with complaints/resolutions—look at patterns and recency if that matters to you.