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Preferred Payments Logo

Payments processing solution for small to large businesses

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Preferred Payments - 2026 Pricing, Features, Reviews & Alternatives

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Preferred Payments overview

What is Preferred Payments?

Preferred Payments is a payments processing solution designed to help businesses of all sizes manage processes related to credit card payments, gift cards, point of sale (POS) transactions, loyalty programs, and more. The platform comes with an ACH and eChecks functionality, which enables enterprises to set up specific amounts and dates for memberships, subscriptions, and recurring bills.

Preferred Payments includes tokenization and P2P encryption measures, which facilitate data security by replacing sensitive information with unique identification symbols and storing it in an off-site digital vault. The solution offers a host of features such as mobile payments, PCI compliance management, inventory management, eSignatures, fraud security, and more. The centralized dashboard allows administrators to view transactions, customer data, reseller details, and maintenance notifications, and add/modify users.

Preferred Payments offers reporting and analytics tools, which lets businesses gain insight into settlements, credits/debits, deposits, and month-end statements. Plus, it integrates with QuickBooks POS, shopping carts, and various third-party systems via the application programming interface (API).

Starting price

Free

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Preferred Payments’s user interface

Ease of use rating:

Preferred Payments reviews

Overall rating

5.0

/5

1

Positive reviews

100

%

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10
Rating distribution

5

4

3

2

1

1

0

0

0

0

Preferred Payments's features

Features rating:

ACH payment processing
Activity dashboard
API
Cryptocurrency processing
Data security
Debit/Credit card processing
Electronic signature
In-Person payments
Mobile payments
Online payments
Partial payments
PCI compliance
Recurring/Subscription billing
Reporting/Analytics
Search/Filter
Status tracking

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Preferred Payments pricing

Value for money rating:

Starting from

Free

Pricing details
Subscription
Free trial
Free plan
Pricing range

User opinions about Preferred Payments price and value

Value for money rating:

Preferred Payments support options

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Knowledge Base
Chat
24/7 (Live rep)
FAQs/Forum
Email/Help Desk
Phone Support

Training options

Documentation
Live Online
In Person

Preferred Payments FAQs

Q. What type of pricing plans does Preferred Payments offer?

Preferred Payments has the following pricing plans:
Pricing model: Free
Free Trial: Available

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Q. Who are the typical users of Preferred Payments?

Preferred Payments has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Small Business


Q. What languages does Preferred Payments support?

Preferred Payments supports the following languages:
English


Q. Does Preferred Payments support mobile devices?

Preferred Payments supports the following devices:
Android, iPad, iPhone


Q. Does Preferred Payments offer an API?

Yes, Preferred Payments has an API available for use.


Q. What other apps does Preferred Payments integrate with?

Preferred Payments integrates with the following applications:
authorize.net, WooCommerce, QuickBooks Online Advanced, Clover


Q. What level of support does Preferred Payments offer?

Preferred Payments offers the following support options:
Knowledge Base, Chat, 24/7 (Live rep), FAQs/Forum, Email/Help Desk, Phone Support

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