Best credit card processing for small business
It is in the interest of every business to succeed. Regardless of whether you are a newcomer or a freelancer in the online business, you need an app that can accept credit card payments.
If you can make payments, you can make money hence it is important to find a credit card processing solution that works best for you. Look for processors that meets the needs for your small business.
This article highlights on the different credit card processing that can make your small business thrive.
Traits to consider when choosing credit card processing for your business
Some of the outstanding features that you should take into consideration when looking for a credit card processing include;
- Multiple functionalities
You should settle for a credit card processing that can handle multiple duties. It should be able to handle over-the-phone, in-store and mobile payments.
- Pricing
Look for a credit card processing that matches your budget. Get to find out whether there are monthly subscription fees.
- Customer support
Look for a credit card processing application that you can easily contact in case of a query. The customer care representative should be knowledgeable when resolving issues.
- Compatibility
A good credit card processor should be compatible with your existing tools. Also consider a processor that is seamless for both you and your clients.
Accepted payment methods
Your credit card processor should be able to accept gift and prepaid cards, debit and credit cards and digital wallet payments.
Five credit card processors for your small business
With the above features in mind it is now prudent to consider the credit card processors perfect for your business.
- Stax by Fattmerchant
Stax by Fattmerchant is a solution that is able to manage sales data, financials, invoicing, inventory and any other duties given in a business. It is one of the best credit card processing for small business. It offers a one flat subscription fee that starts at $99. It also accepts different types of payments.
- Shopify
This is an all-in-one credit card processor solution. Its main advantage is that it accepts in-person payments from customers.
For new business you can start shopping for as low as $30 per month. These pricing plan includes secure hosting, website templates and a domain name.
- Payment depot
Payment depot is the cheapest when compared to other credit card processors. If you are a newbie in business, you might as well consider Payment depot. This is because its focus is on businesses that handle single transactions.
Their pricing is based on the transaction limit which is between $29 to $99 per month. This saves you hundreds annually on credit card processing fees.
- Dharma Merchant Services
It works best for small businesses that are not in need of a contract. If you want to work with a single supplier to handle debit and credit card processing, this is the solution to consider. It also works best for non-profit making organizations.
- Helcim
This is one of the best credit card processor. It allows small businesses to make payments through a smartphone, tablet or computer. Users are also allowed to create an online store.
Additionally, services are rendered to small businesses for free for the first three months. Their pricing is upfront on their website.
The list of credit card processors cannot be exhausted in a single article. Find a company that fits your credit card payment needs and go for it.