Using a credit card processor (CCP) is important for all business, no matter the size. It enables them to work with a range of payment methods that their customers might use. However, small businesses often find it difficult to select the right credit card processor as it involves many variables. To make this job easier, we have created a list of top five CCP companies in this blog post.
Go through every credit card processing company we have mentioned and make an informed choice about what’s good for your business.
Stax
Stax ranks No. 1 when it comes to the best CCP companies for small businesses. It is suitable for those who prefer using a subscription-based model with a low transaction fee. Businesses that seek wide range productivity integrations and free hardware may also use it.
Block is the best for businesses that are looking for a free credit card processing plan. It offers a wide range of point-of-sale (POS) features. However, if you’re a high-risk merchant or you don’t want to rely on a chatbot for customer service, you must not use it.>
National Processing
The online fees of this credit card processing company usually vary. However, businesses that are looking for eCheck/ACH processing or low-cost credit card may use it. Another best thing about this company is that it doesn’t have any long-term contracts
Helcim
The top three features of this credit card processing are transparency, versatility and value. Here, you’ll find all the fees and rates clearly explained on the website. It has numerous tools that will let you manage inventory, eCommerce transactions and customers. Apart from that, it has free merchant software that can serve as a POS system.
PayPal
PayPal is a great choice for small businesses that mostly deal with cryptocurrency or international transactions. Due to its lower transaction fees, even small eCommerce business can benefit from it. It is primarily recommended for businesses that are looking for easy set-up and transparent pricing.