MERCHANT ACCOUNTS · CANADA + U.S.
A merchant account built to handle more
Accept payments in person, online and remotely. Clearly Payments connects your merchant account, payment technology and support, with transparent pricing and funding options built around your business.
No cancellation fees. A clear quote before you switch.
ONE CONNECTED PAYMENT SETUP
Clearly Payments
Merchant Account
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Products and connections are selected for your business. Additional accounts or services may be needed.
Canada + U.S.
Merchant accounts for businesses in both countries.
Major cards
Credit and debit acceptance, configured for your channels.
Faster funding options
Same-day or next-day funding for eligible accounts.
No cancellation fees
Stay for the service, with clear account costs.
Accept payments the way your business needs.
Build the processing relationship around your sales channels. We confirm which products, accounts and payment connections your business needs.
In person
Choose payment terminals, POS or mobile acceptance around your counter, team and customer workflow.
Online
Connect your website, ecommerce platform or a supported hosted checkout to payment processing.
Remote
Take staff-entered phone payments or send an invoice that customers can pay online.
Recurring
Use supported saved payment profiles and schedules for authorized repeat payments and instalments.
CASH FLOW MATTERS
Get paid faster, with the right funding setup.
Same-day or next-day funding is available for eligible merchant accounts in Canada and the U.S. We confirm the funding option, any fees and the bank requirements with your account.
01
Sale
Customer completes the payment.
02
Settlement
Transactions are submitted for processing.
03
Funding
Your account’s funding schedule applies.
04
Your bank
Funds reach the linked business bank account.
Timing depends on approval, batch cutoffs, processing arrangements and the receiving bank. Holds, reviews and banking-day rules may affect deposits. A payment approval is not a funding guarantee.
SELL BEYOND YOUR LOCAL MARKET
Welcome customers carrying cards issued around the world.
Canadian and U.S. businesses can accept supported internationally issued cards through Clearly. Card-network acceptance, issuer approval and cross-border fees still apply.
This is international customer acceptance for your Canadian or U.S. business, not a promise of merchant acquiring in every country.
Major credit and debit cards
Visa, Mastercard, American Express and Discover are supported through enabled merchant-account setups. Canadian in-person configurations can include Interac. We confirm card brands and debit support for each sales channel.
Choose the currencies your setup needs
Ask about CAD, USD and available multi-currency options. The currency you display or charge and the currency deposited to your bank are separate choices, confirmed with the processor, gateway and account.
Multi-currency processing is not enabled on every account. Some setups require separate currency accounts; we confirm available presentment and settlement currencies before launch.
PRICING YOU CAN UNDERSTAND
See the card costs and our markup clearly.
Interchange-plus pricing separates the underlying card costs and Clearly’s processing markup. Your quote identifies monthly fees and optional gateway, equipment or other product costs.
No cancellation fees. Review your written account terms and any equipment or third-party agreements before committing.
Already processing? Get a free statement review.
We review your current statement, explain the cost components and provide a written comparison. No obligation, and no blanket savings promise.
Get a free statement reviewWHAT YOUR QUOTE SHOULD SEPARATE
A clearer view of the total cost
Interchange
Card costs associated with the transaction.
Card-brand / network fees
Charges set by the payment networks.
Processor markup
Clearly’s stated processing charge.
Account and service fees
Monthly services and any chosen products or options.
Illustrative cost categories, not a merchant statement or a sample rate.
More than an account number.
Clearly helps arrange acquiring and processing, then match the terminals, gateway, POS and reporting connections to your operation. Supported third-party platforms remain part of the setup.
Configure the payment environment
Review existing software, locations, channels, currencies and processing volume together. Confirm compatibility before replacing working systems.
Keep a clear support path
Get help with account setup, payment questions and transaction operations. Agree on the implementation scope and ongoing support responsibilities.
A merchant account or an aggregated payment model?
Choose the account structure around your business, rather than assuming one model fits everyone.
DEDICATED MERCHANT ACCOUNT
A processing relationship reviewed for your business.
Underwriting assesses your business and processing needs before approval. Pricing, funding and supported connections are agreed for the account. This can suit businesses needing more configuration or cost visibility.
AGGREGATED PAYMENTS
A standardised platform-led way to get started.
An aggregator typically provides payment acceptance within a pooled account model. Published pricing and built-in tools can suit simpler requirements. Review its supported workflows, terms and funding arrangements.
Both models involve risk checks and can apply account reviews or holds. A dedicated merchant account does not guarantee lower cost, approval or unrestricted funding.
BUILT AROUND YOUR OPERATION
For businesses with more going on.
Growing volume, several locations and multiple sales channels bring different payment requirements. Clearly reviews the account structure and technology together.
Multiple locations and sales channels
Plan transaction reporting, account structure and payment connections across sites. One relationship may involve several merchant accounts.
Custom workflows and more complex businesses
Bring recurring billing, B2B transactions, international customers or an existing POS. Approval and product availability depend on the business and underwriting.
A clear path to your merchant account.
01
Tell us about the business
Share your sales channels, locations, volume and payment needs.
02
Review the requirements
We prepare the pricing and processing configuration.
03
Apply and complete underwriting
Provide business, ownership and banking verification. Existing statements can help.
04
Configure and test
Set up the approved terminals, gateway or POS connection before going live.
Approval and timing depend on underwriting and complete documentation. We confirm any additional requirements for your business.
MERCHANT ACCOUNT QUESTIONS
Know the account before you choose it.
What is a merchant account?
A merchant account is the acquiring/processing relationship that allows your business to accept card payments and receive settlement into its business bank account. It is arranged around your business, payment channels and underwriting.
Which cards can I accept?
Supported setups include Visa, Mastercard, American Express and Discover. Canadian in-person debit can include Interac. Card brands, debit networks and channel support must be enabled for the account and technology.
Can I accept international cards?
Yes. Clearly supports Canadian and U.S. merchants accepting supported cards issued internationally. Card-network rules, issuer decisions and cross-border charges apply. This does not mean Clearly acquires businesses in every country.
Can I accept multiple currencies?
Currency options depend on your merchant account, gateway and processor. We confirm CAD, USD and other available options, and distinguish the charged currency from the settlement currency. Separate accounts may be required.
Does Clearly offer same-day funding?
Same-day and next-day funding options are available for eligible Canadian and U.S. merchant accounts. Timing depends on the account, batch cutoffs, receiving bank and any review or hold. We confirm the schedule during setup.
Can I use one merchant account for online and in-person payments?
Clearly can structure a payment relationship across online, in-person and remote sales. The final setup may use additional accounts or services depending on channels, countries, currencies and risk requirements.
Can I connect a gateway or keep my existing POS?
Yes, where a supported connection is available. Bring the POS or platform name, version and current hardware so we can check compatibility. Clearly supports gateway, terminal and POS configurations through its payment range.
What does a merchant account cost?
Your quote separates card costs, processor markup, account fees and selected products or services. Cost depends on the business, processing volume and payment environment. A free statement review can help compare an existing setup.
Are there cancellation fees or long-term commitments?
Clearly Payments does not charge cancellation fees. Review the written processing terms, service scope and any separate equipment or third-party agreement before signing.
How long does approval take and what do I need?
Timing depends on underwriting and complete documentation. Expect to provide business and ownership details, banking verification and, where relevant, processing statements or further supporting information. Approval is not guaranteed.
How does this differ from Stripe or Square-style processing?
A dedicated merchant account establishes an acquiring/processing relationship for the individual business. An aggregated model generally provides acceptance within a platform’s pooled structure. Compare pricing, supported workflows, account terms, funding and support for your needs. Neither model guarantees lower cost or freedom from reviews.
Get a merchant account that fits your business.
Tell us how you take payments today. We’ll review the account, pricing, funding and technology together.