Kelabi Business

Which are the Most Affordable Credit Card Processing Services?

When you run a business, it is important to get the most out of every opportunity. This sometimes means trying to make your business more efficient. One way to save time and money is to find the best credit card processing company for your needs.

What is a Credit Card Processing Service?

A credit card processing service is a company that processes payments on behalf of businesses. These days, almost every business needs to accept some form of electronic payment, so it’s become increasingly difficult for small business to process their own credit cards. 

The good news is that there are lots of options out there for small businesses – from companies like Square and PayPal, which allow you to take payments with your smartphone or tablet, to traditional merchant account providers like First Data.

Should You Collect Card Payments?

Trying to decide between accepting credit cards online and in-person? Here are a few things to consider:

Accepting credit cards online has its advantages. You’re not limited by your location; you can sell products in any country as long as you have a connection to the internet. That means you can reach customers around the world! All you need is a computer, an internet connection, and you’re good to go! 

Accepting payments online also provides convenience for your customers – they don’t have to travel anywhere or wait in line. And while it’s true that accepting cash in person is better for sales conversions, it still doesn’t provide the same level of convenience (or security) as paying by card.

15 Affordable Credit Card Processors

  • Paypal
  • Stripe
  • Square
  • Stax by Fattmerchant
  • Payment Depot
  • Dharma Merchant Services
  • National Processing
  • First Data
  • Payline Data
  • PayJunction
  • Payment Cloud
  • Amazon Pay
  • PayStand
  • Braintree
  • PaySimple

This is just the tip of a larger iceberg. There are plenty of other processors to consider.

Last Words

Trying to set up an online payment system yourself is not only extremely difficult, but it can also be expensive and time-consuming. If you don’t know what you’re doing (and even if you do), your customers will likely have trouble making purchases from your site, thereby stifling sales.

Using a professional credit card processing service ensures that all transactions go smoothly so that customers can buy from you without difficulty.

Author BioPayment industry guru Taylor Cole is a passionate payments expert who understands the cheapest merchant services for small business. He also writes non-fiction on subjects ranging from personal finance to stocks to cryptopay. He enjoys eating pie with ice cream on his backyard porch, as should all right-thinking people.