13 Best Credit Card Processing Companies

Stax offers a full-stack online payment processing solution, and it is best for all size of businesses to accept payments via major credit and debit cards, ACH, and mobile. It was founded in 2014 in Florida, USA.

Stax differs from the rest by its subscription-oriented pricing models; therefore, it is perhaps more appealing to businesses looking for cost savings.

In addition to credit card processing, Stax offers a suite of tools for managing business insights, tracking sales trends, managing staff, offers, and promotions, and managing customer records to make smarter business decisions.

To ease the payment processing task, Stax easily creates and manages digital invoices straight from the Stax platform, which also helps schedule recurring payments and invoice tracking. Stax provides powerful dispute monitoring and response tools to help you effectively manage chargebacks.

Stax’s reporting and analytics provide stakeholders with easy-to-configure and ad-hoc business intelligence insights on a rich set of timely, reliable information at their fingertips for core finance, deposits, customer behaviour, retention, etc.

As a business expands, Stax seamlessly scales, allowing one to effortlessly incorporate additional features or users as required. Its equipment lending and surcharge processing allow merchants to pass on fees to customers. The salient features and benefits of Stax include a flexible pricing model, an intuitive user interface that allows for speedy and easy billing, month-on-month contracts, etc.

Stax also enables proficient invoices with payments linked to your business needs. Security is the top consideration for Stax, with PCI compliance, 3D secure authentication, and automated fraud measures for keeping your customers and business data safe and sound.

Integration with tools like QuickBooks, Shopify, and Zapier will simplify workflows and offer total centralized management.

Stax Payments has built an iOS and Android App that transforms your smartphone or tablet into a mobile Point of Sale (POS).

Stax Pricing

– Stax claims to save up to 40% with its flat pricing model and 0% credit card processing fees by passing on 100% of credit card fees to customers.

– Its month-to-month contract helps businesses stay flexible.

– Stax pricing starts at $99 per month for a $150,000 processing volume per year.

PayPal is a well-reputed payment processor that enables online businesses and retail shops to accept payments online, in-store, and on the go. PayPal adopts the easiest setup process to accept a diversity of payment methods, including credit and debit cards, PayPal, Venmo, digital wallets, and Buy Now Pay Later (BNPL) to serve various types of customers.

PayPal is one of the easiest platforms to set up quickly and accept payments for all business segments. There are no monthly fees for using PayPal, but there are fees associated with each transaction.

PayPal prioritizes security by complying with PCI standards while providing industry-standard encryption and fraud prevention measures. PayPal’s around-the-clock customer support team is available via phone, chat, or email.

Due to PayPal’s advanced functionalities of integration with third-party tools like accounting systems, e-commerce, marketing, inventory management, and other business operational tools, businesses can stay ahead of their competition.

On the other hand, PayPal’s payment processing methodologies can scale pretty well with large volumes of transactions, so businesses looking for a scalable model should not have any issues.

PayPal invoices assist in streamlining, accelerating, and customizing billing to fulfill merchant branding requirements.

PayPal integrates with many third-party e-commerce platforms, including Shopify, WooCommerce, accounting tools such as QuickBooks and Xero, and other business applications.

PayPal’s versatile POS system, PayPal Zettle, offers a solution for businesses, with options ranging from card readers and terminals to an app that enables contactless payments on your phone and creates invoices on the go.

PayPal was founded in 1998 in San Jose, California, as Confinity. Around 2002, the company Confinity became PayPal and went public. As of mid-2023, PayPal has over 430 million accounts worldwide.

PayPal Pricing

The rate for PayPal payment processing differs depending on which country the customers are in and the type of transaction they carry out.

The following payment structure is related to the US.

– Standard credit/debit card payments for online transactions: 1.20% + GBP 0.30 per transaction.

– In-person card present or QR code: 1.20% + GBP 0.30 per transaction.

Shopify Payments is one of the easiest ways to start accepting payments through credit cards, bank transfers, POS transactions and mobile wallets like PayPal, Meta Pay, Amazon Pay, Google Pay, Apple Pay, etc. on the Shopify store.

A Shopify POS is an all-in-one payment system that comprises inventory management, sales tracking, and end-to-end payment processing, which makes selling products in-store easy.

Utilizing Shopify APIs allows developers to access and manipulate app user data, integrate with various systems and platforms, and enhance Shopify functionality.

Shopify Payments assists large businesses and entrepreneurs alike in uniting all their cash flows under one integrated platform to simplify payouts and taxes. The Shopify platform integrates well with other international payment gateways like PayPal, Stripe, Braintree, and several others, so merchants from throughout the world can accept payments.

Shopify payments are PCI-compliant, adopt data encryption technology, and use 3D Secure-based checkout, so all customer payment information and merchant data are really safe.

Shopify’s payment analysis and reporting feature helps to get in-depth details about businesses in terms of sales performance, insights about visitors, store transactions, etc., which would help stakeholders drive data-driven business decisions.

One important feature in card payment processing is a chargeback, and Shopify Payments includes chargeback administration, which provides the right kind of dispute management. Shopify Payments also provides mobile solutions called POS Go to take payments safely and on the go.

Shopify Payments was first launched by Shopify in 2013 in Ottawa, Canada.

Shopify Pricing 

Shopify allows businesses to start a free trial on select plans and then choose a paid plan if needed. It offers three paid plans based on the number of teams and the features: Basic, Shopify (for small teams), and Advanced (for large businesses).

– The basic plan starts with a monthly fixed pay of £25.

– For online transactions, you need to pay 2% + 25p GBP per transaction, and for in-person, you need to pay 1.7% + 0p GBP per transaction.

Square merchant services provide payment solutions from hardware to software and related financial tools required for accepting major credit cards, ACH payments, and other NFC-enabled mobile wallets. It offers end-to-end payment solutions to accept payments online, in person, or on the go.

Square came into existence in 2009 in California, USA, and has a customer base of over 4 million.

One of the greatest advantages of adopting the Square processor is there are no fixed monthly fees that benefit every type and size of business to adopt it without the burden of extra cost.

The Square system has been built in a vigorously secured manner to secure payments and protect businesses from losses resulting from fraud and chargebacks. In line with sensitivity to data, Square is PCI compliant and also runs a further PCI audit and vulnerability scanning.

It provides specially designed software to manage your payments from the beginning to the end by keeping stock, issuing invoices, and managing your sales and staff in the most complex part of your business.

At Square, software, hardware, APIs, and development kits are designed to work in sync to ensure business operations never get disrupted. With Square Banking, managing your payments, banking transactions, and cash flow has never been easier.

In addition, Square Advanced analytics assists in quickly identifying fraud activities and alerting merchants about suspicious payments, helping them mitigate risks.

A committed Square staff is ready to support you whenever you have questions or issues with the system. The best part of implementing Square Solutions is that no long-term contracts need to be signed.

Square Pricing

Square offers one flat rate per payment method with no hidden fees – you only pay for what you process. Its plans start at $89 per month per location

– Offers a straightforward fee of 1.75% for in-person transactions made through tap, or card swipe.

– The rate for online payments via cards is 1.4% + 25p per transaction (for UK card only)

– For Manually keyed-in transactions, the rate is 2.5%

Stripe offers versatile and multiple payment options with built-in world-class security measures. It was launched in 2009 in California, USA, and processes hundreds of billions of dollars yearly.

Stripe payment coverage extends to more than 100 worldwide payment methods, including major and all premium credit and debit cards, digital wallets, Afterpay/Clearpay, and BECS direct debit. Stripe’s payment processor elevates businesses and helps them expand into new markets by addressing customer preferences for paying how they want.

Developers like Stripe because it gives them control over onboarding, allowing them to offer a full-stack payment solution, including an easy-to-use interface to crystal-clear APIs and organized documentation that lets merchants start quickly.

Stripe claims to increase sales by 25% on average at no additional cost by making more than the average payment method available. In addition, Stripe says that dynamically presenting relevant payment methods to customers increases conversion rates by 3% and—most importantly—raises transaction value by a hefty 7%.

Stripe is designed to provide resilient and scalable payment solutions for startups and the biggest companies in the world, accepting payments online, in person, or over mobile devices.

Stripe assists in global reach as payment options are available in more than 195 countries and supports over 135 currencies,

Stripe terminal simplifies the payment process with certified card readers, developer tools, and the facility to Tap to Pay on iPhone and Android devices.

Merchants can boost their payment performance by adopting Stripe’s fraud prevention and accurate authorization tools. These mechanisms help decrease fraudulent transactions by up to 8% and increase eligible transaction volumes by 1-2%, delivering maximum profits.

Protecting customer data requires utilizing a secure platform. Stripe offers AES-256-bit encryption and isolated infrastructure for storing, decrypting, and transmitting card numbers on separate hosting servers.

Stripe’s secure and unified platform resonated well with large global businesses looking to optimize payment economics. Stripe conducts over 500 million API requests daily with daily capacity tests, ensuring 99.99% uptime – making it the only major processor with such reliability credentials.

To further protect credit card transactions, Stripe has maintained a PCI-compliant platform and a perfect track record as a Level 1 Service Provider with a solid success rate.

Stripe Pricing

Stripe offers a pay-as-you-go pricing structure with no monthly setup or hidden fees. For businesses with large volumes, it also offers customized pricing options.

– Stripe’s standard pricing begins at 1.5% + 20p per successful transaction for domestic cards.

Clover is an all-in-one POS system that combines POS hardware, software solutions, real-time inventory tracking, and employee management to provide one of the best payment solutions in the industry. It was founded in 2011 and is based in Sunnyvale, California.

Clover stands out among all payment processors in providing a range of POS hardware devices, such as Station Solo, Station Duo, Flex, Mini, and a Kitchen display system.

Clover payment solutions support various methods, such as credit, debit, and gift cards, and contactless payments, such as Apple Pay and Google Pay, from anywhere and at any time for a faster and easier business transaction experience.

Whether a business is a service-oriented e-commerce portal, retail store, or restaurant, Clover provides a system that includes card readers and POS devices, an online ordering and sales system, payment processing, invoicing, and a virtual terminal.

With Clover’s help, merchants can build fully customized payment solutions using its various hardware and software solutions. Its virtual terminal operates without a POS device and software, allowing you to accept payments anytime with your computer, tablet, or smartphone on Clover Web Dashboard.

Clover Centralized dashboard helps manage day‑to‑day business operations such as payment processing, appointment scheduling, invoice sending, etc.

Clover platform is compatible with integrating various best software to excel in business operations such as QuickBooks, WooCommerce, Davo taxes, SimpleOrder, Appointments Pro, Time Clock, Gusto, Order Kiosk, etc.

Clover Pricing

Clover offers flat rates and a transparent pricing structure for POS hardware models and software solutions.

– Prices start at 2.3% + 10 cents per tap, dip, or swipe and 3.5% + 10 cents for online or keyed-in transactions.

– Monthly software fee starts at $14.95 and moves higher depending on the features.

– Clover POS hardware cost varies from $49 to $1,799

Gravity Payments believes in offering small businesses the best payment processing solution that covers various POS systems, mobile payments, and e-commerce.

Gravity Payments’ solutions are highly efficient and scalable enough to quickly accept payments in-store, online, and on the go. It originated in 2004 in Washington, USA.

Gravity Payments payment solutions are coupled with round-the-clock USA-based support with an average wait time of just 36 seconds. The in-store solution includes portable handheld and countertop POS. A complete e-commerce suite makes accepting payments online easy, while mobile hardware and software make it easy to accept payments on the go.

Gravity Payments accepts major credit and debit card payments and even ACH payments, which will help most businesses process the different kinds of payment needs of customers.

Gravity Payments also provides software to run a bridal shop, with unique tools to manage a shop.

Get the maximum from all the features of Gravity Payments merchant account offers, including payment pages built specifically to help diversified businesses, from non-profit organizations to property managers and businesses using recurring billing.

From a security point of view, Gravity Payments incorporates PCI compliance standards and fraud prevention tools to safeguard merchants as well as customers. In addition, tokenized transactions are also used to protect card information.

Gravity’s customer analytics platform provides you with several data reports, such as sales summaries, marketing trends, and customer trends.

Merchants can utilize Gravity Payment’s cloud-based API to easily integrate payment forms into their app or website with pre-built options for credit card, bank transfer, and digital wallet payments.

Gravity Payments Pricing 

– Gravity payments offer flat pricing and custom pricing.

– Flat pricing: In-person (taps, dips, or swipes a card in person): 2.5% + 10 cents per transaction

– Custom pricing is based on specific business requirements and hardware solutions.

Helcim is one of the leading credit card processors based in Alberta, Canada, offering fair prices for small businesses. It was launched in 2006.

Helcim offers affordable options to accept payments at your online checkout portal, in-store, or on the go through Smart Terminal, Card Reader, and Helcim POS App. Merchants can also offer their customers an ACH bank transfer payment option to save credit card fees.

With Helcim, E-commerce merchants can enjoy the convenience and cost-effectiveness of its transparent and affordable pricing, in addition to no monthly fees, hidden charges, and high interchange rates.

Helcim POS App provides a one-stop experience for all your payment needs, including invoices, subscriptions, and online payments. With the ease of use of the Helcim POS system, merchants can accept credit cards, debit payments, mobile wallets, and even a split option.

Real-time reporting and automated product tracking help to maintain product inventory and gauge the business performance.

Each swipe or manually keyed-in transaction through the Helcim platform is protected through the line of defense mechanisms like encryption of data, tokenization, or key management. Additionally, its credit card vault is used to store sensitive credit card data, and its advanced fraud defender protects against fraudulent transactions.

Helcim provides free invoicing software that simplifies billing and payment operations on one platform if you are looking for billing options.

Helcim offers developer-friendly tools and APIs, enhanced with custom integration, to drive the most value to tech-savvy merchants. Moreover, it can easily integrate with QuickBooks, WooCommerce, and Magento shopping carts to enhance and expand business operations.

Helcim’s Pricing

Helcim’s pricing structure is quite transparent, with zero setup fees, cancellation fees, PCI fees, and user fees.

– In-person: 1.83% + 8 cents

– Keyed and online: 2.27% + 25 cents

– ACH bank payments: 0.5% + 25 cents

Payanywhere allows Brick-and-Mortar store merchants to process credit and debit card payments through virtual terminals and point-of-sale (POS) systems.

Payanywhere Smart terminals and dual-screen countertop POS systems accept EMV chip cards, contactless payments, and magstripe cards and also help print, email, or SMS receipts without any additional device.

Additionally, Payanywhere provides free tools for inventory management, employee management, reporting, dispute management, and customer management.

Transactions made on Payanywhere feature the highest levels of security, including end-to-end encryption, tokenization, and in-house payment processing to ensure less exposure to fraud that protects merchant and cardholder data.

Payanywhere has made the provision to accept payment through tapping with an iPhone, which is simple and secure at your fingertips. Merchants can effortlessly accept contactless payments, debit/credit card swipes, or any other digital wallet transactions through iPhones without needing additional hardware or a reader.

Payanywhere employee management software allows merchants to assign personalized roles and permissions, such as administrators, managers, cashiers, or reporters, and customize their access levels for smooth operations.

Payanywhere inventory management tools allow you to easily track and sell your products and create categories with different prices and discounts for efficient restocking processes.

Its reporting feature provides valuable data insights that would help track top-selling items, volume trends over time, payment methods, employee performance, inventory levels, etc.

Payanywhere was founded in 2011 in the United States.

Payanywhere Pricing

Payanywhere offers a pay-as-you-go model for card-present and keyed payments.

– Card-present payments: 2.69% for every Swipe, Dip, or Tap

– Keyed-in payments: 3.49% + 19 cents per transaction

– Payanywhere also offers custom pricing for businesses based on processing volume and transaction value.

PaymentCloud provides trustworthy, established, and safe solutions to accept payments for low, medium, and high-risk businesses through a range of payment methods such as credit/debit cards, E-checks, QR codes, digital wallets, bank transfers, and MOTO (Mail Order/Telephone Order), to meet various business requirements.

PaymentCloud was founded in 2015 in Los Angeles, USA. It provides numerous tools for advanced fraud prevention and supports hundreds of integration platforms, such as E-commerce, CMS, Accounting, ERP, ticketing platforms, etc.

PaymentCloud supports high-risk businesses in accepting payments, offering chargebacks, fraud prevention, and PCI-compliant virtual terminals.

PaymentCloud assists low and mid-merchants with strong POS systems, countertop terminals, and equally robust online credit card processing solutions. It reduces payment processing fees while providing recurring billing functionality and lowering the number of declined transactions.

With a partnership with Paysley, PaymentCloud can assist its merchants in transforming their businesses with the most technologically advanced mobile payment solution.

It allows their customers to make payments at their convenience, anywhere there is connectivity, with approvals and deposits completed promptly. The system also offers ready-to-use professional templates to personalize the checkout process to look as professional as corporations by adding brand logos and colours.

PaymentCloud also offers advanced reporting and analytics capabilities such as transaction insights, chargeback analysis, financial reports, etc.

PaymentCloud Pricing

PaymentCloud doesn’t charge setup fees or hidden costs. For pricing details, contact the sales team.

National Processing offers award-winning solutions that enable businesses to increase their revenues through comprehensive payment processing systems and solutions with transparent pricing. It was founded in 2007 and has its headquarters in Utah, United States.

It allows merchants to accept card payments, POS systems, and ACH payment processing for businesses in the USA market. National Processing is one of the top 5000 fastest-growing companies in the United States, at position 1229.

Merchants looking for no long-term contracts with no minimum processing requirement can prefer National Processing, which makes it the best budgeting payment processing company.

National Processing offers payment solutions for small and midsize companies focusing on e-commerce sites, Retail, Food and Beverage, Healthcare, etc.

National Processing secures the payment process through tokenized transactions, advanced fraud safety tools, and real-time reporting. National processing has a user-friendly interface that provides specific real-time metrics for tracking sales and customers.

According to the site, the company claims to offer the lowest price guarantee, and if they can’t beat the rates, they’ll give you $500. It easily integrates with various POS systems, e-commerce platforms, accounting tools, and CRMs.

National Processing Pricing

National Processing offers multiple pricing plans, including Basic, Advanced, and Premium, to meet the growing needs of various industries.

– It offers month-to-month contracts and no cancellation fees.

– Its affordable pricing starts at the Basic plan: The In-Person plan charges $9.95 per month, and transaction pricing is 2.5% + $0.10.

Chase Payment Solutions simplifies payment processing for varied businesses, such as retail, restaurants, professional services, e-commerce, healthcare, etc. Chase offers businesses the ability to accept credit cards in person at their store with their choice of terminal, including app integration, point-of-sale integration, etc. Plus, it allows it to accept mobile wallets like Apple Pay and Google Pay.

All deposits are carried out on the same day without any additional cost and support credit card payments online, by phone, by payment link, or with pre-built payment integrations.

Chase’s business intelligence report provides customer insights into demographics and purchasing trends, which helps to understand customer shopping behaviour.

With Tap to Pay on your iPhone, you can accept all kinds of cards and NFC payments in person without needing any extra hardware, which is easy and safe.

Chase seamlessly integrates with various e-commerce and business solution platforms, including WooCommerce, Shopify, Eventzilla, Fiskl, Fusebill, mHelpDesk, etc.

Chase offers flexibility by providing several POS solutions, such as countertop terminals, mobile apps, or other payment methods.

In addition to PCI DSS Compliance, Chase offers Fraud protection services, Check Protection Services, and 24/7 Credit Card Fraud Monitoring.

Chase is part of JPMorgan Chase & Co., and over 5 million businesses of all types and sizes trust Chase’s financial solutions. In 1997, Chase and FDC established a joint venture, creating Chase Merchant Services. In 2005, Paymentech merged with Chase Merchant Services to form an integrated payment solution. By 2008, it became the JPMorgan Chase subsidiary for merchant services.

Chase Pricing

Chase offers transparent pricing with no hidden fees.

– Get competitive rates with tap, dip, or swipe transactions at 2.9% + 25 cents.

– Manual keyed-in payments and e-commerce transactions at 3.5% + 10 cents & 2.6% +10 cents, respectively.

Payline provides a suite of tailored payment solutions to meet the needs of businesses, from startups to Fortune 500 companies. Payline extends its cutting-edge payment solutions for online, in-person, virtual terminals, and mobile solutions. Payline Suite gives companies transparent pricing and next-day deposit, shaving off more than 40% of costs per transaction.

Payline, founded in 2009, is one of the Magazine’s 500 Fastest Growing Companies. It is headquartered in Chicago, Illinois, and has a customer base of nearly 10,000 merchants.

Payline accepts credit/debit cards, ACH bank transfers, health savings accounts (HSA), and flexible spending accounts (FSA). Its point-of-sale (POS) system provides instant transaction processing and includes inventory tracking, quick transactions, etc.

Payline central dashboard supports activities like report viewing, transaction recording, customer contact saving, and invoicing. With Payline’s API, customized integrations can be easily built using native or third-party software.

The company offers fair pricing, which is reasonable considering the services provided. Payment plans are more flexible, with no application fee, no cancellation fee, and no lengthy agreements. It is a price-effective way for businesses of any size.

Payline provides over 100 integration options, including Shopping Carts, POS systems, and QuickBooks. The support team is available 24/7 to assist you with real human help. A personal account manager is also dedicated to your needs and responsible for your training in using tools and services and for statement analysis.

Payline contains a surcharge feature that enables businesses to pass the costs as surcharges to customers. Its Hosted iFrame Tokenizer captures the needed payment information safely and securely tokenizes it, thus enhancing data protection even further.

Payline is a PCI-compliant platform that offers full reporting capabilities. For better convenience and control, you can filter by date, user, amount, or card brand.

Payline Pricing

– In-person: Payline charges a fixed monthly charge of $10 and transaction fees of 0.4% and 10 cents per transaction.

– Online: Payline charges a fixed monthly charge of $20 and transaction fees of 0.75% and 20 cents per transaction.