Nickel Description
Nickel is a cutting-edge payment and credit solution designed specifically for small to medium-sized B2B enterprises. By providing a comprehensive platform, Nickel assists business owners and finance departments in enhancing cash flow while simplifying operations related to accounts receivable, accounts payable, and trade credit. Among its notable offerings are:
Payment Processing:
Unlimited ACH transfers at no cost and a competitive card processing fee of 2.9%.
The ability to deposit checks directly into Nickel while managing significant transactions up to $1 million.
Accounts Receivables:
Customizable Payment Links and Payment Portals that facilitate effortless payment collection.
The capability to accept payments through cards, ACH, or checks from a wide network of over 14,000 banks.
One-click payments are enabled by securely storing buyer payment details for convenience.
Accounts Payables:
Efficient vendor onboarding through a personalized Vendor Portal.
The automation of bill approvals and the option to pay vendors using cards, ACH, or traditional checks.
Trade Credit:
A Digital Credit Application that accelerates the customer onboarding process and enhances vetting efficiency.
In addition, the trade credit program provides buyers with generous 60-day payment terms to improve their cash flow management.
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Nickel Features and Options
Nickel User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Simple and RELIABLE way for me to receive payment. Date: Jun 04 2025
Summary: Overall, a very good experience. I moved from Melio because it was inconsistent with it's reporting and very frustating because of that. I found Nickel, gave it a try and has been very useful for my needs.
Positive: Simple to use. Reporting is solid. Unique links are a plus, and the emails are very timely. For my use case this is exactly what I need. While there are integrations that could be helpful, my use case needs SIMPLICITY and SPEED, and I feel like I get those.
Negative: Reporting, specifically export to CSV was missing a few columns that would be very helpful. It is not a deal breaker but was one thing that stood out. I would also like the ability to save customers and contacts.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Best payment processor out there Date: Jun 02 2025
Summary: Overall really satisfied. Very simple, but also very effective for the things that I need accomplished.
Positive: I did a deep dive of like 10 other digital payment websites and ended up choosing Nickel. The main reason I chose Nickel is because it has a 0% fee for ACH payments, but it also has some other nice features. It has pretty seamless QuickBooks integration, and what I find most useful is the general payment acceptance link they give you. I can literally send this link to anyone and accept payment from them so I don't have to worry about customizing any invoices or sending the wrong link or anything.
Negative: No major issues with Nickel so far - support is pretty responsive and have fixed the small issues I have ran into.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Nickel - Simple and Efficient Date: May 28 2025
Summary: Nickel has made payment processing simple and efficient. I highly recommend Nickel for anyone looking for a reliable and easy to use payment solution.
Positive: Nickel is an excellent, straight forward payment processing solution. Nickel is easy to use and cost effective.
Negative: The slight time delay for payment, however it is understandable.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Nickel is the best payment processor I have used to date. Date: May 27 2025
Summary: Nickel is a great payment application. I've been working with it for almost a year now. I have nothing but good things to say about it. It's easy to use, it works well, and it's made my job a lot easier. It lets me do the same tasks as I could with a different service, but way more quickly and easily. I have already recommended Nickel to many of my colleagues, and they're just as happy with it as I am. It's a good choice for any user looking for payment software.
Positive: I love Nickel. I had looked at multiple more mainstream competitors, but with the large cost per transaction, none looked totally appealing. Nickel offers 90% of the features with 0% of the high fees. I have since started using them for all of my invoices across multiple companies.
Negative: The only thing I currently wish Nickel had would be features for more types of businesses, such as selling tickets for classes or digital goods. There isn't really a clean way to do that right now, but it's something that could easily be added.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Excellent payment processing Edited: May 23 2025
Summary: My clients have been asking about paying me electronically for a while now. I wish I had found Nickel sooner. Their free ACH processing and the ability to pass on credit card charges were the features that hooked me. Their excellent customer service is the icing on the cake.
Positive: Nickel was very helpful from signing up to getting started to execution. My main criteria when selecting a payment processor was reasonable ACH fees and the ability to pass on credit card fees to my clients. Nickel offers free ACH processing and the ability to pass on credit card fees. From sign-up to execution, everything went smoothly and I have not heard a single complaint from my clients.
Negative: I have been using Nickel for around four months now and I have no complaints.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Quick and easy invoicing Date: May 21 2025
Summary: Great service will recommend to other owners. East to use and fast payments received in my bank account.
Positive: Currently 0% invoicing fees for ACH transmissions. As a photographer, I don't like paying the typical 3% to receive credit card payments. My client's also don't like paying 3% to use a credit card for their payment. Its so easy to create payment links, attach the invoice, and get paid. Money arrives in the bank accounts in just 2 days.
Negative: Cant think of anything. There are no cons that I can think of.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great Support and Easy to work with Date: May 22 2025
Summary: it is good as a great alternative to the other platform that I was using for years. Support is quick to fix a problem. I didn't even submit a ticket. I just simply replied to an email about how my experience was. It was having many duplicate invoices and even when an invoice was changed within the system, it was producing those. Nickel got it fixed the very next day.
Positive: It is able to sync to the accounting platforms and easy to setup to. The customer support helped quickly resolve a minor problem.
Negative: I wish it can show me a total of the amount and the number of transactions for the invoices that weren't paid when I select them all.
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I wish the transfers of funds were quicker. It isn't as fast as Melio. Maybe over time it might.
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