CaribPay vs First Atlantic Commerce: Which Payment Solution is Better?

“Are you a business owner looking for a convenient and cost-effective way to accept payments from customers using QR codes? If so, you may be wondering which QR payment solution is right for you. In this article, we’ll compare two popular options: CaribPay and First Atlantic Commerce (FAC).”

Setup Fees

One of the biggest advantages of CaribPay over FAC is that it does not charge any setup fees. FAC, on the other hand, charges a setup fee that can be as high as $250. This can be a significant barrier for small businesses and startups that are looking for an affordable payment solution.

Transaction Fees

In terms of transaction fees, CaribPay is again the more affordable option. It only charges a transaction fee of 0.5%, while FAC charges a fee that ranges from 1.5% to 3.5%. For businesses that process a large number of transactions, this difference can add up quickly.

Payout Times

CaribPay is also faster than FAC when it comes to payout times. While FAC can take up to 5 business days to transfer funds to a business’s bank account, CaribPay processes payouts in just 3 days. This can be a significant advantage for businesses that rely on quick access to funds.

User Interface and Payment Process

CaribPay also offers a user-friendly interface and a streamlined payment process, which can save businesses time and money. FAC’s payment solution may be more complex and require additional hardware and software, which can add to the overall cost of using the service.

Security Measures

Finally, CaribPay’s security measures are robust and reliable, ensuring that businesses and their customers are protected from fraud and other security issues. FAC also offers security measures, but CaribPay’s system is designed to be customizable and can be tailored to meet the unique needs of each business.


In conclusion, CaribPay is a better choice than FAC for businesses looking for an affordable, user-friendly, and secure QR payment solution. With no setup fees, a low transaction fee, faster payout times, a streamlined payment process, and customizable security measures, CaribPay offers everything businesses need to accept payments via QR codes.

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