Best Credit Card Processing Companies for 2018

Get customer ratings, pricing info, and answers to common questions about credit card processors.

Credit Card Processing

Read average customer ratings for the top credit card processing companies for small business, includes pricing information, and answers to common questions.

Last updated August 10th, 2018

Credit card processing companies allow small business to accept credit and debit cards securely. Credit card processing is an added expense for small businesses, but a necessary one for most companies at a time when fewer people carry cash.

Best Credit Card Processing Companies for Small Business:

Processing Company

Average Customer Rating

Authorize.Net

4.5

Best Merchant Rates

4.0

BluePay Processing

4.5

Braintree

5.0

Cayan

4.5

EBizCharge

4.5

Charge.com

4.5

Chase Paymentech

4.0

Costco Credit Card processing

4.0

Cornerstone Merchant Services, Inc.

3.5

Credit Card Processing Specialists

4.5

CreditCardProcessing.com

3.5

Dharma Merchant Services

4.0

E-Commerce Exchange

3.5

eData Financial Group

3.5

Elavon

3.5

Electronic Cash Systems

3.5

Electronic Payment Systems

3.5

Electronic Transfer, Inc.

4.0

eMerchant

4.0

Electronic Payment Exchange

4.0

Fattmerchant

5.0

Federated Payments

3.5

Flagship Merchant Services

3.5

Flint

4.5

GlobalPayments

4.0

Gotmerchant

5.0

Gravity Payments

4.5

Heartland Payment Systems, Inc.

4.5

Helcim

4.0

Intrix Technology, Inc.

3.5

iPayment

4.0

iTransact

4.0

Leap Payments

4.0

Maverick BankCard, Inc.

4.5

Merchant Anywhere

4.0

Merchant Solutions

4.0

National Bankcard

4.0

National Processing

4.5

National Transaction Corporation

3.5

Nationwide Merchant Solutions

4.5

Newtek Merchant Solutions

4.0

NextPay

4.5

North American Bancard

3.5

Payeezy by First Data

3.5

PayLeap

3.5

Payline Data

4.5

Payment Depot

4.5

PayPal

4.5

Perka by Merchant One

3.5

Quickbooks Payments

4.5

Sage Payment Solutions

4.5

Sam's Club Merchant Services

3.5

Spark Pay

4.0

Square

4.5

Sterling Payment Technologies

3.5

Soar Pay

4.5

Stripe

4.5

Transparent Merchant Services

4.5

TSYS

3.5

Upserve Payments

4.0

US Merchant Systems (USMS)

4.0

WorldPay

4.5

What Are Typical Credit Card Processing Fees
What are typical credit card processing fees?

Processing fees are typically a percentage per transaction, plus a flat fee, such as 2.2% + 25¢. There are also fees that can be added on such as compliance and chargeback fees. Fees vary by whether cards are accepted online or in person, based on average sale amount and several other factors.

Credit Card Processing FAQs:

Which companies are best for mobile credit card processing?

  • Square.
  • Paypal Here.
  • Shopify.
  • Quickbooks GoPayment.
  • Cayan.
  • Flint.
  • Merchant Anywhere.
  • Braintree.
  • Intuit credit card processing.

What will credit card payment processing cost my business?

Unfortunately, it's really hard to say. There are a lot of variables, from whether you take payment online or in-person, whether you swipe or enter manually, the size of your average sale, and what type of business you are. Finding the cheapest credit card processing for your business will require talking to processors directly, and nailing them down on fees.

What are merchant services?

Merchant services include a host of business financial services, such as POS systems, gift cards, check drafting, credit card processing merchant services, and more. The merchant services small business most often focus on are credit card payment processing.

Best Online Credit Card Processing Companies
Best Online Credit Card Processing Companies:
  • Stripe.
  • Paypal.
  • Square.
  • Braintree.
  • Flint.
  • Charge.com.
  • Gravity Payments.
  • Sage Payment Solutions.

How can I decide on a credit card merchant?

Look at their ratings from customers, BBB ratings, and read payment processor reviews. There are some companies that have gotten reputations for hidden fees and bad customer service that you'll want to avoid.

Beyond that, see that they fit your business. Some companies are better for smaller ticket sales, others for mobile or online payments. Some are better for high-risk transactions or high ticket sales. It's difficult to name just one best credit card processing for small business with so many variables.

Where do I get a credit card machine for small business?

Most companies offer credit card machines, or devices that work with smartphones or tablets. Some of these devices are free, some you'll need to pay for, depending on your business needs. Square credit card processing, for example, offers a magstripe reader for free, and a cash register for $999.00.

Best Ecommerce Credit Card Processing
Best eCommerce Credit Card Processing:
  • Fattmerchant.
  • Gravity Payments.
  • PayPal.
  • Payline Data.
  • Authorize.Net.
  • Shopify.
  • Stripe.
  • Braintree.

What is high risk credit card processing?

Business that have a high chargeback rate, are known for fraud, operate on the fringes of the law, have high average ticket sales, are based off-shore may all be considered high risk, and may have to pay high fees, have trouble getting processing services at all, or have difficulty finding a credit card processing provider who will work with them.

Where can I find cheap credit card processing?

This depends on your business. There are so many factors that go into determining how much you pay that the cheapest credit card processing provider for one company could well be the most expensive for another.

Who has credit card processing for small business no monthly fee included?

Shift, Square, Spark Pay, PayPal, EMS and others don't require monthly fees, or at least offer plans without them. Depending on your business though, this may not be the best option for you. Some credit card processing services give discounted transaction fees in exchange for monthly payments.