SoarPay Reviews: A Comprehensive Analysis

Soar Payments, commonly known as SoarPay, is a prominent payment processor specializing in high-risk merchant accounts. This detailed report delves into the reviews and overall performance of SoarPay, examining customer experiences, expert opinions, and the company’s key features.

Overview of SoarPay

SoarPay offers an array of services tailored to high-risk industries, including:

  • High-Risk Merchant Accounts: Specialized accounts for industries like CBD, nutraceuticals, firearms, and travel services.
  • Payment Gateways: Secure and reliable gateways for processing payments.
  • ACH & eCheck Processing: Alternative payment methods to accommodate diverse customer needs.
  • Chargeback Prevention: Tools and strategies to minimize and manage chargebacks.

Positive Customer Feedback

  1. Fast Approval Process:
    • Many merchants commend SoarPay for its quick and hassle-free approval process, often completed within 24-72 hours. This is particularly beneficial for high-risk businesses that typically face longer approval times elsewhere.
  2. Responsive Customer Support:
    • SoarPay receives high marks for its customer support, with users praising the team’s responsiveness and expertise. Direct access to the management team for issue resolution is a noted advantage.
  3. Transparent Pricing:
    • Customers appreciate the transparent pricing structure, with clear communication of fees and rates upfront. This transparency helps businesses avoid unexpected charges and budget effectively.
  4. Robust Security Measures:
    • The company’s adherence to PCI DSS standards and use of advanced fraud protection tools provide peace of mind to merchants, ensuring secure transaction processing.

Negative Customer Feedback

  1. Account Holds and Closures:
    • Some merchants report unexpected account holds or closures, which can disrupt business operations. These issues are often linked to the stringent fraud prevention measures implemented by SoarPay, a common practice in high-risk processing.
  2. Complexity for Small Businesses:
    • A few small business owners find SoarPay’s extensive range of features and services somewhat overwhelming. Simplified solutions for smaller operations could enhance usability for these clients.
  3. Occasional Delays in Support:
    • While generally positive, there are instances where users have experienced delays in customer support response times, particularly during peak periods.

Expert Opinions

Industry experts generally regard SoarPay positively, highlighting its ability to cater to high-risk merchants. Key strengths identified include:

  • Security and Compliance: SoarPay’s compliance with PCI DSS standards and use of fraud prevention tools like Verifi’s Rapid Dispute Resolution and Ethoca Alerts ensure secure and reliable transaction processing.
  • Partnerships: Collaborations with leading financial institutions and technology providers enhance the company’s service offerings and reliability.


SoarPay receives predominantly positive reviews from both customers and industry experts. Its strengths lie in a fast approval process, excellent customer support, transparent pricing, and robust security measures. While there are some areas for improvement, such as managing account holds and simplifying services for small businesses, the overall feedback is highly favorable.

For high-risk merchants seeking a dependable payment processing partner, SoarPay stands out as a solid option. Potential clients should conduct thorough research, review contracts carefully, and maintain open communication with the provider to ensure a smooth and beneficial partnership.

For more detailed reviews and information, visit SoarPay.