Operating and managing a business isn’t easy. It takes time, patience, and perseverance to be able to see your business grow. But more than that, it’s all about taking risks and making on-the-spot decisions—decisions that come with a price. Literally.
Every business—whether it’s a small company or a multinational—needs to be able to use credit cards in order to ensure daily operations are run smoothly.
But when it comes to choosing a credit card processing service, that’s where every business owner struggles. Luckily, we’ve rounded up a list of credit card processing services that are guaranteed to help your business grow in 2021!
So, without further ado, lets jump right straight into the list.
Best Online Credit Card Processing Services in 2021
What we love most about Square is that it’s perfect for individuals who don’t have time to manage their accounts and prefer to make mobile payments.
It offers businesses excellent payment solutions. There are plenty of options to choose from, like invoice payments, in-person payments, swipe or dip, online payments, and key-in payments.
In addition, there’s also a “tap” option, which allows customers to pay with just the tap of a button. It’s easy and seamless.
What makes Payline stand out is that it offers solutions to businesses of all sizes. Whether you’re an enterprise or a small shop, you would feel their personalized services tailored to your specifications.
It helps make transactions seamless by allowing customers to pay through different mobile devices. Whether it’s their smartphone or tablet, your customers will have no problem making physical or online digital payments.
Business owners don’t have to worry about payment issues because Payline offers same-day approvals. This means that you don’t have to wait for days or weeks for a payment to come through. It will only take a couple of minutes or hours, depending on the amount.
In addition, there aren’t any hidden charges or high-interest rates. This makes it convenient for both customers and businesses. In fact, for every transaction, businesses save up to 40 percent on charges.
Who isn’t familiar with PayPal? PayPal is known for its flexibility. It allows your customers to pay from anywhere around the world. Although it’s restricted in some countries, almost anyone can use it.
So, if you have international clients, PayPal is a great way to route your business transactions. There are various digital payment methods available. However, with PayPal, customers can pay immediately or later as per their prescribed schedule. They can even subscribe to your business or use local payment options.
By installing the PayPal app on their phones, customers can easily make payments. The payment might take a day or two, depending on where the customer is located.
The credit card processing service also offers PayPal Credit, which allows customers to pay later. It’s a proprietary method that is used by merchants that do business with conglomerates and brands like Wal-Mart, Home Depot, USPS, B&H Photo Video, Best Buy, Overstock.com, JetBlue Airways, Liquidation Channel, Jewelry Television, and Hotels.com.
At the start of 2020, it was reported that PayPal currently has 325 million active users, making it one of the most popular payment options.
Helcim offers both credit card and debit card services. All you have to do is download the app and sign up. Their payment methods are easy, and anyone can use the app.
In addition, Helcim is known for offering amazing discounts so you can always take advantage of that. They have different discounts for different types of businesses and payments. When a customer makes a payment, the transaction will go through within a couple of minutes. So, this means that you don’t have to wait, and in case of any issue, the problem could be rectified then and there.
Their remote payment processing makes it easier for clients and customers, who live in a different city, or are unable to visit the bank to make a deposit, make payments easily via their mobile phones and personal computers. Moreover, you can easily monitor your payment process and keep a record of the payment history.
Everyone knows that that credit card services aren’t exactly “transparent.” On top of interest rates, MasterCard and Visa cards have a fee that needs to be paid with every transaction.
These costs can quickly rack up, and affect your credit score and history. But with Payment Depot, small business owners don’t have to worry about being charged with mark-up rates.
Not only are there no mark-up rates, Payment Depot also doesn’t charge a high-interest rate. This means that they don’t make a profit off mark-up rates. This allows you to operate your business without any restrictions. So, if you’re looking for a credit card processing service that caters to small businesses, Payment Depot is your best bet.
Cayan is a credit card processing service that classifies itself as an Independent Sales Organization (ISO). The only downside is that it doesn’t list any prices on its website so business owners will have to negotiate their own fee.
Other than this, it offers 24/7 customer support services, so in case anything goes wrong, you can immediately contact them. One of the best features of Cayan is that you can cancel payments within 60 days without being charged a fee.
It also offers mobile payment options to make things easier for customers who aren’t available for in-person payments. You can keep track of your payments, and it will let you keep reports and history of transactions made. In addition, interchange fees are flat, so this means that all customers will pay the same. This allows you to analyze whether you’re getting a good price for your services or not.
National Bankcard is one of those credit card processing services that offer multiple payment options. It offers flexibility compared to other credit card processing services. It supports credit card payment processing across numerous channels, including:
One of the cons of the National Bankcard is that there aren’t any prices listed on their website. Just like Cayan, you will need to negotiate your own fee. On the other hand, it does provide interchange-plus pricing as an option.
All in all, it’s a good credit card processing service for small businesses that are starting out.
Choosing the right credit card processing service for your business is tricky, but it’s not difficult. You need to take into account the needs and requirements of your business.
Every business is different and therefore, the option you choose all depends on the industry you’re part of, whether you own a small business or an enterprise.
You don’t need to have knowledge of payment processing solutions to work with credit card payment gateways. The right service and app will make everything easier for you.
EmpireTechPay is one such service. As an online EBT payment processing services, we’ve got all the solutions you’re looking for. We don’t charge hidden fees and don’t have high-interest rates. In addition, we offer various payment options for a wide range of channels.
Let us take care of everything and provide you with one of the best e-commerce payment solutions available. Like what you read? Comment below and let us know!