Payment Processor Comparison
PaymentsPlus vs Desjardins
Loyalty to your caisse populaire shouldn't cost you thousands in processing fees. See how PaymentsPlus compares to Desjardins on pricing and transparency.
Average Savings Example
A business processing $25,000/month typically saves:
With Desjardins
$700/mo
With PaymentsPlus
$460/mo
Monthly Savings
$240/mo
Annual Savings
$2,880/yr
Side-by-Side Comparison
See how we stack up on the features that matter most
| Feature | PaymentsPlus | Desjardins |
|---|---|---|
| Pricing Model | Interchange + 0.20% | Tiered (2.5-3.5%) |
| Monthly Fee | $10/month | $20-50/month |
| Contract Length | Month-to-month | 3-5 year terms |
| Cancellation Fee | $0 | Up to $500+ |
| Equipment | Free placement | Lease or purchase |
| Funding Speed | Next-day | 1-2 business days |
| PCI Compliance | Included | Additional fee |
| Bilingual Support | English | French & English |
| Quebec Presence | National (including Quebec) | Strong Quebec network |
| Processing Transparency | Full interchange visibility | Tiered - costs hidden |
Common Desjardins Complaints
Why businesses are looking for Desjardins alternatives
Desjardins locks businesses into multi-year contracts with significant early termination penalties. Breaking free can cost hundreds of dollars.
Like other banks, Desjardins uses tiered pricing that obscures your true costs. The "qualified" rate advertised rarely applies to the majority of transactions.
Terminal leases through Desjardins can cost $40-80/month over multi-year terms. You end up paying several times the equipment value.
Desjardins merchant services often require a caisse populaire membership. This ties your processing to your banking relationship, limiting flexibility.
Why Canadian Businesses Are Switching to PaymentsPlus
- Transparent interchange-plus pricing - no tiered confusion
- No long-term contracts - leave anytime with zero penalties
- Free equipment placement - no costly terminal leases
- No caisse populaire membership required
- Lower overall costs - save $240+/month on average
- We help with Desjardins cancellation - smooth transition
Get a free quote showing exactly how much you'll save compared to your current Desjardins rates. We'll help you understand your contract and transition options.
Get Your Free QuoteWhen Desjardins Might Be Better
Desjardins might be better if French-language support is critical for your business and you prefer a caisse populaire relationship. Their local Quebec presence is strong. For pure cost savings, interchange-plus pricing almost always wins.
Frequently Asked Questions
Do I need to leave Desjardins to switch processors?
No! You can keep your Desjardins caisse populaire account and switch only your payment processing. Your deposits can still go to your Desjardins account.
Does PaymentsPlus serve Quebec businesses?
Yes! PaymentsPlus serves businesses across all of Canada, including Quebec. We provide service in English and can support your business regardless of location.
How do I cancel my Desjardins merchant services?
We'll review your Desjardins contract and help you understand cancellation terms. In most cases, the processing savings cover any early termination fees within 2-3 months.
Is Desjardins pricing really that much higher?
Desjardins uses tiered pricing where most transactions fall into expensive "mid-qualified" or "non-qualified" tiers. With interchange-plus, you pay the actual interchange cost plus a small markup — typically saving 20-30%.
Will I get the same equipment quality?
Yes — we provide free placement of modern terminals including Clover, PAX, and Dejavoo devices. No more expensive equipment leases eating into your profits.
Stop Overpaying with Desjardins
Loyalty is great, but overpaying isn't. See exactly how much you could save with transparent interchange-plus pricing.