Clip is a Mexican fintech company that provides payment processing hardware and software for small to enterprise-level businesses. Its product line includes several card readers and point-of-sale terminals -- Clip Plus 2, Clip Ultra, Clip Total 3, and Clip Stand 2 -- that let merchants accept card payments in person, alongside an online checkout and payment-gateway option for digital sales. Beyond hardware, Clip offers Clip Cuenta for instant access to sales proceeds, business loans, QR code payments, and digital catalog and service-payment tools. The company states it is aligned with CNBV, Mexico's banking regulator, and reports over 1 million app downloads with a 4.9-star rating; transaction pricing runs from a promotional 2.99% + $1 MXN up to a standard 3.6% + IVA per transaction, with no monthly rental or maintenance fees on its devices.
Culqi is a payment processing company backed by BCP, Peru's largest bank, built to help Peruvian merchants accept payments both online and in person. Its product line covers a physical POS device (CulqiFull), an online checkout integration (CulqiOnline), and shareable payment links for merchants without a website (CulqiLink).
- No monthly rental or maintenance fees on hardware -- one-time device purchase.
- Multiple terminal options at different price points and feature levels (keypad, dual-screen, fingerprint auth).
- Instant access to sales funds via Clip Cuenta rather than waiting for standard settlement.
- Large existing user base with over 1 million app downloads and a 4.9-star rating claimed on-site.
- Backed by Peru's largest bank, lending credibility
- No monthly maintenance fees on transaction-based plans
- Works for both online sellers and no-website merchants via payment links
- Same-day deposit option for faster cash access
- Focused specifically on the Mexican market and MXN pricing, not usable for businesses outside Mexico.
- Standard transaction fee (3.6% + IVA) is relatively high compared to some alternatives once promotional rates expire.
- Installment payment (MSI) fees climb steeply for longer terms, which can be costly for merchants offering financing.
- Per-transaction fees can add up for high-volume sellers
- Primarily built for the Peruvian market
- Minimum commission applies to small transactions
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The Verdict
AI-generated from listing dataCulqi is a freemium, cloud‑based payments suite focused on Peru with no monthly fees but transaction fees; Clip is a paid, hardware‑first solution for Mexico with one‑time device costs and higher transaction fees.
Key differences
- •Geographic focus: Culqi serves Peru; Clip serves Mexico.
- •Pricing model: Culqi offers a freemium, transaction‑only plan; Clip requires a one‑time hardware purchase and has a fixed 3.6%+IVA transaction fee.
- •Product type: Culqi provides cloud POS, checkout links and APIs; Clip centers on physical terminals with optional online checkout.
- •Fund access: Culqi offers same‑day deposits for sales before 4 p.m.; Clip provides instant access via Clip Cuenta.
- •Additional services: Clip includes business loans and catalog tools; Culqi does not mention loans.
Pricing & value
Culqi is freemium with no monthly fees; Clip requires a one‑time hardware purchase and has higher transaction fees.
Ease of use / learning curve
Clip’s hardware is plug‑and‑play for in‑person sales; Culqi requires integration of APIs or checkout links.
Features & depth
Both offer POS, online checkout, and payment links; Clip adds loans and catalog tools, Culqi adds bill payment/recharge.
Integrations & ecosystem
Culqi lists API, Yape, e‑commerce sites, mobile apps; Clip’s integrations are not detailed beyond its own terminal ecosystem.
Support
Clip provides 24/7 customer support; Culqi offers online support via merchant dashboard only.
Security & privacy
Both are closed‑source fintech platforms backed by local banks; no specific security details provided.
Scalability
Culqi’s cloud SaaS can serve unlimited merchants online; Clip’s model depends on physical device distribution.
Choose Clip if…
Mexican merchants preferring dedicated terminals and instant fund access.
Choose Culqi if…
Peruvian SMBs needing online & offline payments without hardware upfront.
Common questions
Can I use the solution outside its home country?
Culqi is built for the Peruvian market; Clip is focused on Mexico and MXN pricing, not usable abroad.
What are the upfront and ongoing costs?
Culqi has no monthly fees (freemium) but charges per‑transaction fees; Clip requires a one‑time hardware purchase and charges 3.6% + IVA per transaction.
How quickly do I receive funds from sales?
Culqi offers same‑day deposits for sales before 4 p.m.; Clip provides instant access via Clip Cuenta.