Jun 26, 2022
According to a survey carried out by the company Weave, which specializes in business technology, close to thirty percent of clients of small companies have been prevented from purchasing at a physical shop because "their method of payment wasn't accepted.
Because monthly services may add up to a significant expense, it is essential to investigate all of your alternatives before deciding which merchant services provider to work with. However, there are more than a thousand different credit processors. To reduce our options, we searched for businesses that provide additional services, many integrations, and high levels of dependability. According to the comprehensive research, the following are the most reputable firms that handle credit cards.
Helcim assists you in expanding your company by providing you with volume-based discounts and transparent pricing.
Since 2006, Helcim has been operating as a payment processor. Since then, the firm has evolved into a financial technology company that provides various solutions for businesses. Helcim is a terrific alternative with many possibilities for small company owners since it does not charge monthly fees and has a price structure that pays you for bigger volumes. As a result of these features, Helcim is our top overall winner. The organization adheres to the most stringent security standards possible, as Level 1 PCI-DSS certified service providers require. It follows the kinds of security procedures common among financial technology businesses.
Quick, using what you already know, and simple to operate for companies with lower monthly sales statistics.
PayPal is a well-known and respected company operating online since 1998. You may now provide PayPal as a payment option in your business, just as most online retail establishments already do. PayPal stands out above other payment processing options because it provides the finest merchant services for companies with a modest number of transactions.
PayPal is compliant with many PCI standards and has certifications in various related areas, including the Mastercard Site Data Protection Program and the Visa Cardholder Information Security Program. PayPal is an excellent method for swiftly accepting payments since there are neither monthly fees nor setup charges associated with using the service. There are additional expenses associated with using PayPal; however, if your company has a modest number of transactions, you won't often run into too many of them, except for the chargeback fee, which is $20.
Due to the lack of frills associated with this service, it is kind to one's wallet and delivers processing at competitively cheap pricing.
It will just take a few minutes for you to be able to accept credit card payments both in-store and online.
Square is the leader in the market when it comes to technology and security standards, including end-to-end encryption, and conforms to all of the PCI requirements that are in place. You will be provided with a free point-of-sale system compatible with smartphones made by Apple and Android. In addition, Square can expand with your business by providing a variety of options such as: