PayDiverse Review

July 18, 2022

PayDiverse offers high-risk merchant accounts and payment processing solutions for all business types. It guarantees fast approvals, the lowest possible rates, and fast payouts for merchants. The team at Pay Diverse has over 20 years of experience, which they have used to create their network of banking partners.                                            ,

Below is an overview of merchant services offered by PayDiverse:

  • High-risk merchant accounts
  • Payment gateway and virtual terminal
  • POS retail and mobile terminals
  • Payment processing for credit cards, pinless debit cards, e-checks, and ACH payments

  • Offshore payment processing
  • E-commerce integrations
  • Fraud and chargeback prevention

PayDiverse Merchant Services

image of paydiverse logo

High-Risk Merchant Accounts

PayDiverse provides high-risk merchant accounts for businesses from various industries. Its online application process connects merchants with dozens of banks. The company will send your application to suitable banking partners based on your business and other relevant factors. Merchants will also have access to an online portal for application updates.

PayDiverse guarantees fast approvals and low processing fees for merchant accounts.

Payment Gateway and Virtual Terminal

High-risk merchant accounts at PayDiverse get access to the company’s secure high-risk payment gateway. It is designed for high-risk credit card processing. Part of this involves automatically distributing payments across multiple accounts, reducing the risk of chargebacks and exposure.

PayDiverse can also integrate with existing payment gateways like, NMI, and more.


Retail and Mobile Terminals

PayDiverse also provides equipment and software for in-person and mobile payments. These include countertop terminals and a mobile swiper or credit card processor for iPhones.

Payment Processing

With PayDiverse, merchants can accept payments with a virtual terminal, on mobile, in a retail setting, or on an e-commerce page. Acceptable credit card payments include Discover, MasterCard, Visa, and American Express.

Another payment method is pinless debit processing. This allows merchants to accept debit cards over the phone or online without requiring a PIN. This is important, as debit cards don’t have the same chargeback risk as credit cards. Pinless debit also supports unlimited merchant accounts and unlimited processing volume for each corporation.

Apart from traditional card payments, merchants can accept ACH payments, e-checks, and gift cards.

PayDiverse guarantees fast payouts within 24 to 48 hours.

Offshore Processing

PayDiverse also offers offshore processing for companies that struggle to get a merchant account within the United States. Its banking partners provide offshore and ACH payment solutions for these businesses.

E-commerce Integrations

Depending on the e-commerce platform you use, there is a good chance that you can easily integrate high-risk credit card processing into it. PayDiverse supports Shopify and WooCommerce, which are two popular platforms.


Chargeback and Fraud Prevention

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High-risk merchant accounts get access to a range of risk prevention tools. These include pre-chargeback alerts that let you prevent chargebacks. If a chargeback does go through, there is a chargeback dispute system.

You can also take advantage of the secure, reliable payment platform. It also features IspyFraud prevention software. PayDiverse uses award-winning fraud prevention software that integrates right into the payment gateway. For each transaction, it analyzes hundreds of different data points and immediately alerts you if a transaction is suspicious.


PayDiverse Fees, Rates, and Pricing

Processing Fees

While PayDiverse does not disclose its processing fees online, it claims to offer the lowest rates for merchants. The company will provide a customized quote upon application.

PayDiverse also has a cash discount program that allows merchants to pass on their processing fees to their customers. This incentivizes customers to pay in cash to avail of a certain discount. Merchants can also choose to split the processing fee with customers.

Additional Fees

PayDiverse does not charge for account application and setup. Other than this, it is unclear whether the company charges for early termination, monthly services, credit card terminals, chargeback features, and other services.

Hidden Charges

PayDiverse does not make any statements about transparent pricing or hidden fees. However, this does not mean that the company is guilty of such. That said, make sure to discuss pricing details with the company to prevent this from happening.

image of paydiverse has no hidden charge

PayDiverse Complaints

There don’t seem to be any complaints against PayDiverse.

Rip Off Reports

PayDiverse has over ten customer reviews online, none of which accuse the company of being a rip-off or scam.

Other Complaints

The same goes for all other types of issues. Merchants do not seem to have any complaints against the company, at least based on online reviews.


PayDiverse BBB Rating

PayDiverse has been an accredited company by the BBB since 2018. It currently holds an A+ rating.

BBB Reviews

Based on its BBB profile page, it has eight customer reviews. All gave the company a 5-star rating.


Is PayDiverse Legitimate?

PayDiverse is a legitimate company based in New York. According to its BBB page, it was established in 2018. Mitch Bell is listed as its founder and CEO. Although seemingly new in the industry, the company’s management team has over 20 years of experience in high-risk payment processing. This allowed it to create its network of bank partners and provide over 40 banking solutions.

As mentioned, PayDiverse is an accredited company by the BBB, which further proves its legitimacy. It has also been featured in several PR articles. These include reputable publications like Yahoo! Finance, AP News, and more. Apart from PR, PayDiverse has been reviewed by several independent websites like ReviewBolt and Tracxn.


PayDiverse does not seem to be involved in any accusations of scams or fraud.


Similarly, there seem to be no lawsuits or legal complaints against the company.


PayDiverse Customer Reviews

image of paydiverse customer reviews

PayDiverse has over ten online reviews across different platforms, all of which are positive. All of its reviews on Google and BBB are 5-star ratings. The main points of praise are the company’s great customer service, responsive communication, and knowledgeable team. Merchants were able to secure merchant accounts and set up their payment processing services thanks to PayDiverse. Several of them are from high-risk industries like CBD and credit repair.



Overall, high-risk merchants may greatly benefit from PayDiverse and its services. For one, it offers high-risk merchant accounts for various industries. Its digital application processing provides a seamless experience by connecting merchants to acquiring banks suitable for their business. Additionally, its online portal allows merchants to receive updates and stay on top of their applications.

Apart from merchant accounts, PayDiverse offers offshore payment processing, which is a good fit for international merchants. The company also supports multiple payment methods, including alternative forms like e-checks and gift cards. Furthermore, PayDiverse has a stellar reputation based on merchant testimonials. Its purely 5-star reviews speak of the company’s experience and competence.

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