10 Rates & Fees Excellent - Low Tiered & Interchange-Plus Pricing
10 BBB Rating & Complaints Excellent
10 Terms & Contract Excellent - Month-to-Month / No Cancel Fee
10 Competitive Advantages Excellent - Standard & High Risk / Lifetime Rate Lock

Updated on November 22, 2021

Leap Payments Review

LEAP Payments Allows Next Day Funding for eCommerce Clients for a Nominal Fee.

LEAP Payments ecommerce clients can get quicker payment from Merchant solution like Mastercard, Visa, Discover, American Express, and even electronic checks for a low monthly fee, depending on volume.

In as little as 8 hours, payment can be received. The standard time to receive payment is 2 to 3 days. This service can allow an ecommerce vendor to make monthly or yearly budget, whereas without it they may be in the red. This could allow a purchasing department to reload stock a day or two earlier. The extra cost will justify the means for an ecommerce business.

Vendors do not have to change banks, and deposits can be made on Fridays and Saturdays. Transactions must be processed before 10pm EST and funds will be deposited into their account the next morning. This could be a great help for ecommerce vendors.


LEAP Payments Merchant solution is a merchant account processor provider.  Established in 2009 and based in California, they provide great 24/7 customer service, low costs, and many Merchant solution services.  What they emphasize is that new customers should call in and speak with a friendly, knowledgeable service person so that you get into the correct program that best meets your needs.

LEAP Payments provides:

  • Next Day Funding – the deposit goes into your checking account the next day (and as soon as within 8 hours if that is needed)
  • Mobile phone transactions from many types of smartphones – which appeals to companies who serve their customers “in the field.”
  • Low cost credit card terminals
  • Point of sale systems (POS) – integration, consulting, upgrading and also iPad use to accept payments
  • Online Terminal (virtual terminal), with an optional card reader and receipt printer
  • eCommerce solutions (shopping cart integration and online payment processing) – this is perfect because you can rely on LEAP Payments and not have to work with several different service providers
  • Lifetime Rate Lock for credit card processing rates – this helps you plan and know your budget
  • 100% compatibility with Apple Pay’s NFC solution (by using LEAP’s latest Ingenico and Verifone credit card machines).
  • And much, much more

LEAP Payments Merchant solution provides solutions that range from a basic credit card machine to point of sales solutions, to wireless credit card processing, to customized advice, and more.  LEAP works with companies that have a lot of experience in collecting credit card and debit card payments and they work with “newbies” – people and small companies that are just starting out a credit card processing company.

Leap Payments E-Commerce Merchant Review
Visit Site
Get Quote

Need Help Deciding?

Click Here


Vendor websites need an avenue toward fast and friendly payment options, 24 hours a day, such as an online shopping cart. LEAP Payments will work with an existing shopping cart plug-in or will refer you to many secure carts to integrate into your web design. Their consultants are skilled to help you select the cart experience your users would enjoy. They can even find a way to link to your existing shopping cart so that you can enjoy the savings LEAP Payments offers over their competitors.

With LEAP Payment’s lifetime rate lock and old fashioned customer service, the deal is great. And be sure to add LEAP Payment’s next day funding for a nominal fee.

Products and Services

Customers have many options in choosing what they need for their business.  LEAP Payments provides solutions that have been around for many years, such as the simple card swipe POS system.  Yet, LEAP Payments is also focused on helping merchants and businesses take advantage of all the new trends and technology.  As companies become familiar with LEAP, they will see that they can use LEAP services for the growing practice of people using their mobile phone to make credit card payments.

Here is a sampling of additional features available through LEAP Payments:

  • Next Day Funding allows faster payment for a nominal fee.
  • Lifetime Rate Lock guarantees that LEAP Payment’s rates will not increase for your account.
  • Old Fashioned Customer Service allows you to process online credit card transactions with your computer with LEAP Payment’s Virtual Merchant solution and Converge Gateway.
  • Integrated Point of Sale (POS) systems with an existing or new POS system.
  • Customers can accept credit card payments online through a virtual terminal or in their QuickBooks or practice management software.
  • A PC can be used as a virtual credit card machine.
  • Gift Cards are available – to make more money, please end customers, attract new customers, and build customer loyalty with end customers. No risk, they must be activated on purchase.

Next Day Funding – Reasonable Fees

LEAP Payments has a very nice next day funding program.  If the transaction batch process is completed by as late as 10 p.m. EST, the customers can find their payment in their checking account the following day (or on Monday