Advertiser Disclosure

The Best Credit Card Processing Companies For Small Business

These credit card processing companies offer merchant accounts with reasonable costs, accessibility, transparency, and good overall value.

    Chris Motola
  • 330 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
small business credit card processors

Credit card processing is a necessary but often difficult component of doing business, and finding a good merchant account provider can seem impossible sometimes. If you need to find a cost-effective and reliable way to accept credit and debit card payments, you’ve come to the right place. 

You may need a new credit card processing company just for basic in-person credit card acceptance, but the chances are you’re also looking for additional functionality, such as the ability to:

  • Process online payments via an eCommerce platform
  • Accept mobile payments 
  • Accept nontraditional payments like Apple Pay
  • Accept phone orders with a virtual terminal

The small business credit card payment processing companies on this list cater in different ways to different industry requirements, but they all have two things in common: they offer fair rates, and they come with a good reputation for treating customers well. Each credit card payment processor below offers something unique, and which one is right for you will depend mostly on your particular business model, your level of risk, your monthly sales volume, and your payment processing needs.

Learn More About Our Top Picks

CompanySummaryNext StepsSummary
PaymentCloud

Read More

Specializes in eCommerce and difficult-to-place merchant accounts.
Specializes in eCommerce and difficult-to-place merchant accounts.

Visit Site

Read More

Stax by Fattmerchant

Read More

Subscription pricing model that is great for high-volume businesses.
Subscription pricing model that is great for high-volume businesses.

Visit Site

Read More

Payment Depot

Read More

Transparent membership pricing and excellent customer support.
Transparent membership pricing and excellent customer support.

Visit Site

Read More

Square

Read More

Predictable flat-rate pricing ideal for low-volume merchants.
Predictable flat-rate pricing ideal for low-volume merchants.

Visit Site

Read More

Helcim

Read More

Most suitable for businesses that sell internationally.
Most suitable for businesses that sell internationally.

Visit Site

Read More

Other Featured Options:

Read more below to learn why we chose these options.

Credit Card Payment Processing Solutions For Small Businesses: What Merchants Need To Know

A credit card processor should meet your short-term business needs. We say short-term because a shift in the products you carry, where you sell them, the size of your business, or a change in business strategy may make the great processor you’re using now less than ideal. This is also why we tend to frown on long-term contracts and early termination fees.

Credit card processing is a complex topic with a lot of moving parts. If terms such as interchange fees and contactless payments sound completely alien to you, I’d recommend checking out some of these resources:

The 9 Best Small Business Credit Card Payment Processing Companies

The best payment processing companies for small businesses offer reasonable costs, accessibility, transparency, and overall value for your dollar. Payment Depot, Stax by Fattmerchant, PaymentCloud, National Processing, Square Payments, Dharma Merchant Services, CDGcommerce, Helcim, and Stripe all meet this standard.

1. PaymentCloud: Best For High-Risk and eCommerce Merchants

PaymentCloud



Visit Site

Read our Review

Pros

  • High-risk specialists
  • Few public complaints
  • No setup fee
  • No monthly minimums

Cons

  • No publicly disclosed pricing
  • Low-risk merchants can probably find a better deal

PaymentCloud specializes in setting up merchant accounts for high-risk businesses with a network of third-party processors and acquiring banks. While it can’t always place every merchant, the company has a higher success rate than many of its competitors. Best of all, PaymentCloud does the extra work required to accept a high-risk account without charging you any application or account setup fees.

Like almost all high-risk specialists, the company doesn’t disclose its transaction cost. You’ll have to get a quote from the sales team and do a little negotiating to see how the company’s offer stacks up against other providers.

PaymentCloud provides its retail merchants a free lease of an EMV-compliant credit card terminal. It also offers Authorize.Net as its payment gateway, although its system is compatible with other third-party gateways. Additionally, it provides a free virtual terminal with each account.

Get Started with PaymentCloud

Read our in-depth review

Jump back to comparison chart

2. Stax By Fattmerchant: Best For High-Volume US Businesses

Stax by Fattmerchant



Visit Site

Read our Review

Pros

  • Transparent membership pricing
  • Free gateway and virtual terminal
  • Next-day funding available
  • Month-to-month billing

Cons

  • Available to US merchants only
  • Not suited for low-volume businesses

Stax by Fattmerchant is a great choice for most businesses, but the company particularly shines when it comes to eCommerce and card-not-present transactions. One of our favorite things about this company is its subscription pricing model, which tends to be an excellent choice for high-volume businesses. Stax, however, manages to bring subscription pricing to small businesses with a pretty reasonable starting fee of $99/month.

Don’t let the monthly fees discourage you. Subscription pricing charges a monthly fee instead of a markup — that’s the variable portion of your transaction fee; for example, the 2.9% in a 2.9% + $0.30 transaction fee. In this example, you’d only pay $0.30 on the transaction. The truth is that the 0% markup saves most small businesses so much money that it more than pays for the monthly fees. This is especially true for eCommerce and other card-not-present businesses because Stax does not charge an inflated markup on these accounts. Just about every other merchant services provider, even our favorites, charge a lot extra for phone orders and eCommerce businesses.

Processing Under $5,000,000 Per Year

  • $99 monthly fee
  • $0.08 + interchange for in-person transactions
  • $0.15 + interchange for online transactions

Processing Over $5,000,000 Per Year

  • Custom pricing

Stax’s software package — formerly known as Omni, now called Stax Pay — comes with its own monthly subscription fee. Stax Pay’s included features will depend on the subscription tier you choose:

Plan Monthly Fee Features
Starter $49/month Lite reporting; quick payment; ACH processing (1% per transaction, max $10); 24/7 online knowledgebase & ticket-based support
Growth $89/month Everything in Starter; invoicing; Text2Pay; web-hosted payments; account reconciliation lite synch (includes QuickBooks online); cards on file; API key
Pro $129/month Advanced dashboards & reporting; account update; one-click shopping cart with catalog management; recurring & scheduled payments; data exports; dedicated account manager

Still not convinced that it’s worth it? Well, Stax adds even more value to your account with high-quality invoicing and billing tools, customer management, a virtual terminal, a POS app, inventory management, detailed reporting analytics, and more.

Get Started with Stax by Fattmerchant

Read our in-depth review

Jump back to comparison chart

3. Payment Depot: Best For Low-Risk US Businesses

Payment Depot



Visit Site

Read our Review

Pros

  • Transparent membership pricing
  • Free gateway and virtual terminal
  • Next-day funding available
  • No application or setup fees

Cons

  • Available to US merchants only
  • Not suited for high-risk merchants

Payment Depot is best known for its use of subscription or membership-based pricing, a spinoff of the interchange-plus model. While it isn’t the only provider to offer this type of pricing, Payment Depot’s reputation for open, honest sales practices and excellent customer support puts it ahead of many of its competitors using this relatively new pricing model.

Plan Monthly Fee Transaction Pricing Max Volume Misc.
Basic Membership $49 Interchange + 0 + $0.15 $25,000/month Includes virtual terminal and payment gateway
Most Popular $79 Interchange + 0 + $0.10 $75,000/month Everything from Basic; free terminal or mobile card reader
Premier $99 Interchange + 0 + $0.07 $150,000/month Everything from Most Popular; data breach protection
Unlimted $199 Interchange + 0 + $0.05 Unlimited Everything from Premier; dedicated account manager

How does it work? Most providers offering interchange-plus pricing will charge “interchange fee + markup” rates, with the markup including both a small percentage of the sale and a per-transaction fee. You’ll also incur several monthly and annual fees for individual services, such as PCI compliance and account statements. In contrast, Payment Depot’s model combines all your monthly fees into a single monthly subscription.

Get Started with Payment Depot

Read our in-depth review

Jump back to comparison chart

4. Square: Best For Low-Volume Merchants

Square



Visit Site

Read our Review

Pros

  • Predictable flat-rate pricing
  • Ideal for low-volume merchants
  • No monthly fees
  • All-in-one payments system

Cons

  • Account stability issues
  • Not suitable for high-risk industries

Everyone has heard of Square by now. With its free card reader that you can plug into a smartphone tablet, mobile application payment system, and simple pricing structure, it’s one of the most popular processing services on the market for small businesses. Square’s pay-as-you-go system allows businesses that ordinarily couldn’t afford a merchant account to accept credit and debit cards.

In general, Square charges:

  • 2.6% + $0.10 per in-person transaction
  • 2.9% + $30 per online transaction

But there are a few variations to these charges, depending on the payment method.

Square keeps costs low by aggregating accounts together rather than issuing each user a unique Merchant ID number. Because of this, you won’t get a true full-service merchant account, but you are much more likely to be quickly approved for an account.

The trade-off is that there’s a much higher chance that your account will be frozen or terminated without notice if fraud is suspected. This might be a minor inconvenience to a retail business that mostly deals in cash and only occasionally takes credit cards. It would be catastrophic to an eCommerce business where cash isn’t an option.

To summarize, Square offers a great deal under most circumstances, but use the service with caution.

Get Started with Square

Read our in-depth review

Jump back to comparison chart

5. Helcim: Best For International Businesses

Helcim



Visit Site

Read our Review

Pros

  • No long-term contracts
  • Exclusive interchange-plus pricing
  • No monthly fees
  • Excellent customer support

Cons

  • Does not accept high-risk businesses
  • Not suited for very low-volume businesses

Helcim distinguishes itself from many other providers by offering no binding contracts, exclusive interchange-plus pricing, consistently good customer service, and no monthly account fees — all of which the company fully discloses on its website. It also offers numerous perks for merchants who do a lot of their sales remotely, including overseas.

Helcim’s interchange-plus pricing rewards higher volumes of transactions. Details can be found on Helcim’s pricing page.

Helcim keeps fees to a minimum, although it doesn’t offer much in the way of free terminals and hardware (the selection is also pretty limited). There is, however, a mobile application that can be used on a smartphone or tablet for point of sale. That said, Helcim offers an excellent suite of features for eCommerce, including hosted payments pages, menu-embedding, and buy-now buttons.

Get Started with Helcim

Read our in-depth review

Jump back to comparison chart

6. National Processing: Best For Cost-Conscious Merchants

National Processing



Visit Site

Read our Review

Pros

  • Interchange-plus pricing
  • Low-cost ACH processing
  • No long-term contract if you don’t need equipment

Cons

  • Long-term contracts required in exchange for a free terminal
  • Early termination fee charged in some circumstances

For the merchant looking to save on costs but still wants a full-service merchant account, National Processing is the best option. The company has a great reputation, with few complaints and quite a bit of praise from customers — something we don’t often see with merchant account providers.

National Processing offers three interchange-plus rates, depending on the nature of your business:

  • Retail: Interchange + 0.20% + $0.10 per transaction
  • Restaurants: Interchange + 0.15% + $0.07 per transaction
  • eCommerce: Interchange + 0.30% + $0.15 per transaction
  • eCheck (ACH): $15/month and as low as $0.48 per transaction

National Processing is a great service for businesses that want low rates from a reliable company. However, if you’re hoping for a massive free software suite like Square offers, with POS, analytics, etc., included, you might not find what you’re looking for.

Keep in mind that you could easily end up saving enough money with National Processing to buy all that software and more from whichever provider you want. Low costs and overall versatility make National Processing a great option for many businesses.

Get Started with National Processing

Read our in-depth review

Jump back to comparison chart

7. Dharma Merchant Services: Best For Nonprofits & Charitable Giving

Dharma Merchant Services



Visit Site

Read our Review

Pros

  • Interchange-plus pricing
  • No annual fee or monthly minimum
  • Discount pricing for qualified nonprofits

Cons

  • Not recommended for businesses processing less than $10,000/month
  • Not suitable for high-risk industries or international markets

Dharma’s fee structure is transparent — it uses interchange-plus pricing exclusively, and it has no annual merchant service fees. This includes OptBlue pricing for accepting American Express transactions.

In general, Dharma charges:

  • In-Person: 0.15% + $0.08 per transaction
  • Online: 0.20% + $0.11 per transaction

The rates get lower for those that process more than $100,000 per month.

The company also doesn’t charge account update fees, early termination fees, PCI compliance fees, or require a monthly minimum. Fees that it does charge are fully disclosed on its website. This is a company that strives to do the right thing with all its business practices. 

Dharma is unique in the world of credit card processing companies in that it donates a significant percentage of its profits to charity. Related to that, Dharma provides discounted rates for nonprofit businesses. Our guide for nonprofit payment processing discounts has more information for charities looking to save money on credit card acceptance. While many believe that nonprofits get the best rates with a software specialist such as Blackbaud Merchant Services, Dharma provides much lower discount rates and better service.

Nonprofits that accept credit cards with Dharma pay a markup of only 0.10% + $0.11 markup for virtual and 0.10% + $0.08 for in-person payments. And Dharma Merchant Services will meet or beat your current rate to win your business; rates are always negotiable in this industry. We highly recommend Dharma to nonprofits, but this company serves all merchants well — in fact, it’s on our list of the best retail credit card processing companies too.

Get Started with Dharma Merchant Services

Read our in-depth review

Jump back to comparison chart

8. CDGcommerce: Best For eCommerce Startups

CDGcommerce



Visit Site

Read our Review

Pros

  • Transparent pricing
  • Free gateway and virtual terminal
  • No early termination fees

Cons

  • Only available to US-based merchants
  • Some high-risk industries may not qualify

CDGcommerce was founded in 1998, and for more than twenty years, it has focused on merchant account services for small and medium-sized businesses. While the company’s services are geared more toward eCommerce businesses, it also provides a full range of offerings for retail merchants.

If you run a startup, CDGcommerce can onboard you quickly and let you start processing almost right away. Below is a summary of CDG’s pricing:

Recommended For $1,000-$10,000 Per Month

  • In-Person: 2.75% + $0.30
  • Online: 2.9% + $0.30

Recommended For $10,000-$200,000 Per Month

  • In-Person: 0.25% + $0.10 + interchange
  • Online: 0.30% + $0.15 + interchange
  • Nonprofit: 0.20% + $0.10 + interchange

Membership Plans

Plan Monthly Fee Transaction Fee Volume
Basic $49 interchange fee + $0.10 Up to $25,000/month
Standard $79 interchange fee + $0.10 $25,001-$75,000/month
Plus $99 interchange fee + $0.07 $75,001-$200,000/month
Premium $199 interchange fee + $0.05 Over $200,000

CDG contracts are month-to-month, so you can cancel at any time without penalty. With all these plans, merchants are offered various aspects of a CDG-proprietary POS system called PastePay that allow for various business reporting and marketing solutions. For an additional subscription per month, you can access the full suite of PastePay functionality. Lastly, CDGcommerce has eliminated many of the excessive fees that other providers charge, including account setup fees, PCI compliance fees, and monthly minimums.

Get Started with CDGcommerce

Read our in-depth review

Jump back to comparison chart

9. Stripe: Best For eCommerce

Stripe Payments



Visit Site

Read our Review

Pros

  • Predictable flat-rate pricing
  • Excellent developer tools
  • Exception prescription tools
  • Advanced reporting
  • Multicurrency support

Cons

  • Account stability issues
  • Not suitable for high-risk industries
  • Needs technically skilled implementation to reach full potential

Stripe has long been a perpetual runner-up for our best-of lists. Often viewed as the “Square of eCommerce,” Stripe’s advanced and exhaustive list of features seems to grow every year. Thanks to a constant stream of iterations and improvements, we can now say that Stripe is a legitimate power player in the third-party processing category and one of the more innovative credit card processors in the industry.

Stripe uses an à la carte pricing system, which you can typically add for an additional fee per transaction. The base pricing is as follows:

  • Card-Not-Present: 2.9% + $0.30
  • Card-Present: 2.7% + $0.05
  • ACH: 0.8% (capped at $5)

Square’s flat-rate eCommerce pricing is in line with other third-party processors. Interestingly, the card-present pricing — something Stripe has only recently offered support for — is cheaper than Square’s for small transactions, though support for POS is limited. Square also undercuts most of its competitors on ACH fees, making it a strong choice if you need recurring billing or a non-credit card payment option.

Get Started with Stripe Payments

Read our in-depth review

Jump back to comparison chart

Looking For One Of These Credit Card Processing Companies?

credit card payment processors

As you might have guessed, there are a lot more than nine options for credit card processing. Here are some notable companies that you may have heard of but didn’t make our list.

Honorable Mention: PayPal

You’ve almost certainly heard of PayPal since it’s a giant in the payment processing industry. PayPal’s infrastructure is well-developed, scales well with business growth, and can process transactions in countries worldwide. It operates in a similar niche to Stripe and has its own proprietary payment methods. Like Square and Stripe, it suffers from account stability issues. This is where the size of PayPal can become a bigger issue, as it’s very difficult to resolve account issues that arise. Still, if you want strong eCommerce options and access to PayPal payments, it’s a great choice, especially for very small businesses.

Honorable Mention: Shopify

Shopify is nearly ubiquitous in the eCommerce world, offering a fully-hosted platform for businesses. Truth be told, if Shopify fits your business model, we have very little bad to say about the company. Just be prepared to navigate through its enormous add-on ecosystem to get the functionality you’re looking for.

Honorable Mention: Intuit Merchant Services (QuickBooks Payments)

We’ll make this quick: If you don’t use QuickBooks, Intuit Merchant Services probably isn’t your optimal choice for credit card payment processing. You can get better rates and support elsewhere. That said, if you love the QuickBooks ecosystem, you’ll get online invoicing, a powerful mobile app, echeck/ACH acceptance, and an absolutely ideal QuickBooks bookkeeping integration.

How To Choose The Best Credit Card Payment Processing Company

While the worst processing services aren’t good for any business, the best credit card processing company for one business won’t necessarily be the best for another. We’ll discuss what, broadly speaking, makes a good or bad processor in the next section. First, let’s take a look at how you isolate your credit card processing needs.

Things to consider:

Are Most Of Your Sales Online Or In-Person?

Many credit card processors these days specialize in either point of sale processing or eCommerce. While these share many elements in common, they also come with special needs. For point of sale, you’ll likely need card readers, either dedicated or smartphone peripherals, to process credit and debit cards.

Do you want contactless payments and the ability to accept digital wallets? Or are most of your customers far away from your place of business and buying your products and services online? In that case, you’ll need a payment gateway and, perhaps, support for your online shopping cart or website. You’ll also want to make sure your service has excellent data security and tokenization.

Is Your Business High Or Low-Risk?

Not all businesses will have the same options when it comes to selecting a payment processor. If your business is considered high-risk, some credit card processors won’t work with you. In this case, you’ll need to narrow your search to those processors that work with businesses such as yours.

Do You Process High Volumes Or Large Average Transactions?

There’s an economy of scale with many credit card processors, wherein businesses that do enormous numbers of transactions get better rates than those with a lower volume. This means that some processors that are very competitive at high volumes aren’t at low volumes and vice versa.

Why Your Choice Of Credit Card Processing Machine Matters

Unless you run an eCommerce website, the credit card machine you use to take payments is an important part of your consideration when picking a processor. To help give you more insight into this topic, we have articles on the best credit card readers for small businesses and how to pick a credit card machine for you to check out. But the short version is that you should pay attention to the price and basic functionalities and think about hardware and software compatibility with multiple processors.

When shopping for credit card machines, you can either spend a lot of money and buy a larger point of sale system that typically fits on a sales counter or go with a mobile system. The mobile system can be subdivided into dedicated machines that only read payment cards or generic mobile devices loaded with the processor’s software connected to a dedicated card reader. Here’s a table showing the basic differences:

Hardware Software Cost NFC Availability
Card Reader Typically linked to another device such as a tablet or smartphone No additional software Least expensive Yes
Standalone Terminal All-in-one device for taking payments Only card processing software Mid-range Yes
Integrated POS & Terminal/Smart Terminal Complete set of card reading hardware and software with additional capabilities Additional business management software such as inventory, sales analysis, employee time tracking Most expensive Yes

We see a trend toward the mobile system, probably because it’s a build-your-own modular system where merchants pick however much hardware they wish to have. The merchant can also load whatever POS software is provided to help manage their business.

Whichever system you pick, don’t forget to plan ahead. For instance, the Clover terminals are nice and modern looking, with advanced software installed for inventory management, sales analysis, marketing tools, and similar. While you can find many processors that sell Clover machines, the technology actually belongs to the direct processor Fiserv (formerly First Data) that many smaller processors connect to at the back end. Even though Clover machines are slightly more flexible than, say, Square’s (which can only be used with Square), Clover does limit the number of processors you can ultimately use.

As to the card reader, we recommend future-proofing your terminal by making sure it accepts NFC payments. QR payments are also a niche but growing payment method that you might benefit from accepting.

The Bottom Line On The Best Merchant Account Services For Small Business

Whether you’re trying to juggle multiple retail locations or just sell products online, one of the nine services we’ve highlighted here should be a “best match” for your business. While each service has its own standout features, they all offer competitive rates, transparent pricing, and an easy, low-cost setup. While all of them perform more or less the same essential service (connecting an acquiring bank to an issuing bank), each brings its own value to the floor.

You can compare our top processors (except for Square) head-to-head using our merchant account comparison chart. Those interested in mobile credit card processing specifically should consult our mobile chart. And those most interested in eCommerce tools can take a look at our shopping cart software comparison.

We hope one of the options on our list will be the best choice for your small, medium-sized, or even enterprise business! Let us know how it goes.

In Summary: The 9 Best Small Business Credit Card Payment Processing Companies

  1. PaymentCloud: Specializes in eCommerce and difficult-to-place merchant accounts.
  2. Stax by Fattmerchant: Subscription pricing model that is great for high-volume businesses.
  3. Payment Depot: Transparent membership pricing and excellent customer support.
  4. Square: Predictable flat-rate pricing ideal for low-volume merchants.
  5. Helcim: Most suitable for businesses that sell internationally.
  6. National Processing: Offers low-cost ACH processing.
  7. Dharma Merchant Services: Discount pricing available for qualified nonprofits.
  8. CDGcommerce: Month-to-month contracts good for eCommerce startups.
  9. Stripe Payments: Popular choice for eCommerce businesses.
Chris Motola

Chris Motola

Expert Analyst & Reviewer at Merchant Maverick
An expert in personal and business loans and financial health, Chris Motola has been writing about small business finance and payments for over 5 years. He has been cited in various industry publications, including Forbes Advisor, GoBankingRates, and Medium. Chris is a graduate of the University of Central Florida.
Chris Motola
View Chris Motola's professional experience on LinkedIn.

Sources

Leave a comment

330 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    William

    You should add a review of the new Payments service from Go Daddy, announced in June 2021 — it also includes swiped transactions.

      This comment refers to an earlier version of this post and may be outdated.

      Jessica Dinsmore

      Thanks William! We’ve got them on our radar, so a review may be underway in the future!

        This comment refers to an earlier version of this post and may be outdated.

        Rich

        I am having an issue I was hoping someone here could help me out with.

        I am processing with Square and I have been applying for traditional merchant accounts as square is expensive.

        I applied for an account with Elavon and was told I was approved. Just as I was setting up the gateway, they told me that “loss prevention” had closed the account for reasons that they could not disclose but that they couldn’t work with my business. So I moved on to another provider, but after filling out my second application they told me that I had been put on the TMF by Elavon even though I never processed a single transaction. After a lot of back and forth, Elavon agreed to take me off but no I am extremely worried because of the severe consequence of getting put on the TMF *just for applying for an account*.

        Does anyone know why something like this would have happened? Is this typical?

          This comment refers to an earlier version of this post and may be outdated.

          Jessica Dinsmore

          Hi Rich,

          What an unfortunate and unusual situation! It might be something as simple as personal credit concerns or maybe an issue came up with your processing history with Square? This post might be helpful. All our best!

            This comment refers to an earlier version of this post and may be outdated.

            Mary C Brady

            Great comparisons. I have been with my current processor for a little over 3 years and the fee’s and charges have been going up this year sent me to your site. First year good, second slight increase. This year major changes in fees and changed my account from merit back to tier with higher rates without notifying me. This article allowed me to see heads to head comparison what I as a small business will need looking forward. Thank you for highlighting these companies. Have been on other sites and spoke to other merchant processors. Agree square isn’t a good fit for certain small businesses ( we found their software and connections as not user friendly and not working on our site.) As a wholesaler we deal with business to business which you don’t even mention on your evaluations, we aren’t online ( due to the costs), and still deal with customers face to face, dealing in perishable seasonal goods. Writing an article for business to business and how we are different then retail would be good.

              This comment refers to an earlier version of this post and may be outdated.

              Jessica Dinsmore

              Hi Mary,

              Thank you for your feedback! We actually have a couple of articles on B2B processing to share with you: The 6 Best B2B Options For Your Small Business and Switch To B2B Processing And Modernize Your Business. I hope you find them to be helpful.

                This comment refers to an earlier version of this post and may be outdated.

                Jhon Pace

                Thank you so much for this article, great information! It is helpful for startup small business.

                  This comment refers to an earlier version of this post and may be outdated.

                  Nasir

                  We have a startup Money Transfer incorporated in Canada, which payment processor is the best for our business.

                    This comment refers to an earlier version of this post and may be outdated.

                    Jessica Dinsmore

                    Hey Nasir,

                    There are a lot of factors that can impact this decision! We have a great filtering tool that can help you determine which options may be best for your business, based on the specifics that you enter. Give it a try, and if you need help narrowing it down from there, we’ll do our best to help!

                      This comment refers to an earlier version of this post and may be outdated.

                      Cherrell

                      Excellent review! Square takes the win for me. Being a small business owner, I have been using them for quite sometime now and quite happy with their service.

                        This comment refers to an earlier version of this post and may be outdated.

                        David

                        I own a salon in Texas. Can you help me recommend a trustworthy merchant?

                          This comment refers to an earlier version of this post and may be outdated.

                          Jessica Dinsmore

                          Hi David,

                          It’s hard to say without knowing more information about your business, but our in-depth reviews will let you know how trustworthy we believe them to be. What you can do is fill out our merchant account filtering tool and it will populate the best suggestions based on the information you’ve entered about your business. I hope that helps, and if you haven’t already checked it out, here is a link to our post on Salon Survival During COVID-19. Best of luck to you!

                            This comment refers to an earlier version of this post and may be outdated.

                            EH

                            Hi, We are a new start-up trying to sell a monthly subscription to our online application for $20/month. Since we are an online application we only care about being able to charge credit cards (no need for any other option like POS etc’).
                            Which credit card processor do you recommend for us given the fact that we do not know how many subscribers per month in an average we will have.

                              This comment refers to an earlier version of this post and may be outdated.

                              Jessica Dinsmore

                              Hi EH,

                              I think Stripe might be a good option for you; it’s entirely pay-as-you-go, has really powerful tools, and advanced subscription options. Check it out and see what you think!

                                This comment refers to an earlier version of this post and may be outdated.

                              More Comments

                              Leave a Reply

                              Your email address will not be published. Required fields are marked *

                              Comment moderation is enabled. Your comment may take some time to appear.
                              Please read the "User Review and Comment Policy" before posting.

                              We Recommend Stax by Fattmerchant 🏆

                              We love Fattmerchant as a credit card processor for its predictable pricing, excellent service, and integrated billing features. Get started today and get your first month for $5 with an exclusive Merchant Maverick promo.

                              Get Started

                              Get started with no commitment today.

                              Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

                              The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.

                              Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

                              Sign up for the Maverick Newsletter

                              • Please select topics of interest

                              • We occasionally send out emails with special offers.
                              • This field is for validation purposes and should be left unchanged.