1

TOP 3 Best Merchant Services BRANDS

Arrow
EDITOR'S CHOICE
GET $200 BACK IF YOU DON'T SAVE ON PROCESSING FEES
Coupon icon Coupon icon

GET $200 BACK IF YOU DON'T SAVE ON PROCESSING FEES

9.9
Visit Site
GET $450 STATEMENT CREDIT
Coupon icon Coupon icon

GET $450 STATEMENT CREDIT

9.8
Visit Site
OFFICIAL CLOVER RESELLER
Coupon icon Coupon icon

OFFICIAL CLOVER RESELLER

9.7
Visit Site
1
EDITOR'S CHOICE
Coupon icon

GET $200 BACK IF YOU DON'T SAVE ON PROCESSING FEES

  • Check
    Most businesses approved within 24 hours
  • Check
    Rates customized to meet the unique needs of your business
  • Check
    Security measures to protect customers from frauds
  • Check
    Accepts merchants with high-risk profiles
  • Check
    One-stop-shop for all your payment processing needs

Arrow See extra details & advantages

Icon

24/7/365 Technical Support

Icon

Free EMV Terminal

Icon

Customized Account Setup

Pros & Cons

Arrow

  • Check

    Accepts merchants with high-risk profiles

  • Check

    Industry low rates

  • Check

    24/7/365 customer & technical support

  • Check

    Customizable account solutions

  • Cancel

    Fees for early termination

  • Cancel

    3 Years contract

Why We Picked It:

Arrow

Leaders Merchant Services offers extensive processing services, a simple online application process, and some of the lowest rates in the industry regardless how small or high risk your business is. There is great 24/7 customer and IT support and you will usually be approved for your account the same day or within 24 hours
1
MOST POPULAR
Coupon icon

GET $450 STATEMENT CREDIT

  • Check
    Transparent pricing
  • Check
    Prepriority Clover software
  • Check
    Complete line of Clover hardware
  • Check
    Developers can build apps on their platform
  • Check
    Loyalty programs collect emails for marketing to

Arrow See extra details & advantages

Icon

24/7 Support

Icon

No Hidden Fees

Icon

Easy-To-Use

Pros & Cons

Arrow

  • Check

    24/7 Live help

  • Check

    30-Day free trial

  • Check

    Quick deposits to your bank

  • Check

    Multiple mobile app add-ons

  • Cancel

    Expensive for low volume businesses

  • Cancel

    36-48 Month contracts- early termination fees

Why We Picked It:

Arrow

Clover Credit Card Processing is a payment processing solution designed to help businesses accept and manage credit card payments. The system is designed to be user-friendly, with a simple interface that makes it easy to accept payments and manage transactions. Clover also offers a secure payment gateway, which protects sensitive customer data and prevent fraud. Additionally, the system is PCI compliant, meaning it meets the Payment Card Industry security standards.
1
Coupon icon

OFFICIAL CLOVER RESELLER

  • Check
    Full Clover™ suite POS equipment to merchants
  • Check
    Zero Cost Processing
  • Check
    Cloud based software
  • Check
    Accepts all payment types
  • Check
    Super-competitive processing rates

Arrow See extra details & advantages

Icon

24/7 Support

Icon

Mobile Payments

Icon

Clover POS reseller

Pros & Cons

Arrow

  • Check

    $0 Cost Processing option with Cash discount pricing

  • Check

    Focus on security and fraud prevention - PCI Protections

  • Check

    Super competitive processing rates

  • Check

    Wide range of payment solutions

  • Cancel

    Pricing structures may vary and may require customization for some businesses

  • Cancel

    Early contract termination is a charge by Paysafe, as are most businesses in this niche

Why We Picked It:

Arrow

There are many reasons why Paysafe has a commendable rating among other merchant account service providers. For one, they offer extensive services and provide the necessary support for merchants. Paysafe is at the forefront of its industry if it comes to web and logo design, loans and cash advances, payment gateways, and so on. In addition to that, Paysafe offers a generous sign-up bonus. In general, Paysafe is a good choice for all merchants.
1
Coupon icon

FREE EQUIPMENT AND SOFTWARE

  • Check
    Fixed percentage
  • Check
    Fixed transaction fees
  • Check
    Interchange plus fixed rate pricing
  • Check
    Website integration
  • Check
    Same day funding

Arrow See extra details & advantages

Icon

Same Day Acceptance

Icon

Free EMV Terminal

Icon

Same Day Funding

Pros & Cons

Arrow

  • Check

    Month-to-month agreements

  • Check

    No setup fees

  • Check

    No hidden fees

  • Check

    Free equipment

  • Cancel

    No ACH Processing

  • Cancel

    You need to talk to them for a quote

Why We Picked It:

Arrow

No long-term commitment, month-to-month agreement, clear pricing, and the support of a team of experts rather than just one account manager. Their systems, reporting and analytics are easy to understand, making everything easy to use.
1
Coupon icon

FREE EMV TERMINAL

  • Check
    Robust reporting features
  • Check
    No setup fees
  • Check
    Multi-layered security
  • Check
    Easy mobile payments solution
  • Check
    Using the best technology on the market

Arrow See extra details & advantages

Icon

24/7 Unlimited Support

Icon

Low Rates & Fees

Icon

Free EMV Terminal

Pros & Cons

Arrow

  • Check

    Offering a comprehensive payment processing solution

  • Check

    Transactions are processed quickly and securely using the latest technology

  • Check

    User-friendly interface

  • Check

    Offers excellent help & support with a dedicated team

  • Cancel

    Services may be more expensive than some others

  • Cancel

    Merchant One may not be the right choice for businesses looking to expand internationally

Why We Picked It:

Arrow

Merchant One offers the complete package of services that meet our credit card processing requirements. The platform's user-friendly design, diverse payment options, and streamlined application and approval process are all highly appreciated. Additionally, Merchant One takes a personalized approach to pricing, rather than a one-size-fits-all mentality. By working with each client to design custom pricing and packages, the company ensures that nearly any small business can have the ability to accept credit cards. This level of customization is what sets Merchant One apart in the industry.
1
NEW ON SITE
Coupon icon

FLEXIBLE PAYMENT OPTIONS

  • Check
    Accept credit cards, anytime, anywhere
  • Check
    Get deposits as soon as the same day
  • Check
    No Hidden Fees
  • Check
    Accept payments multiple ways – in person, online over the phone, or even by sending customers a payment link
  • Check
    Integrates with 100+ e-commerce platforms

Arrow See extra details & advantages

Icon

Support Available 24/7/365

Icon

A Complete Suite Of Payment Solutions

Icon

Trusted Security

Pros & Cons

Arrow

  • Check

    Outstanding Customer Service, Live Customer Service 24:7

  • Check

    Over 5 million businesses of all types and sizes trust financial solutions from Chase

  • Check

    Never miss a sale with powerful new ways to accept credit cards, anytime, anywhere

  • Check

    Pre-built payment integrations with leading eCommerce platforms, a virtual terminal, and a payment gateway

  • Cancel

    Limited Digital Onboarding

  • Cancel

    Custom pricing only available for high-volume transactors

Why We Picked It:

Arrow

Choose Chase Payment Solutions for reliable payment processing, comprehensive solutions, fraud prevention tools, advanced reporting, and dedicated customer support. Whether you're a small business, a retailer, or an online enterprise, they provide the tools and services to help you succeed in accepting credit card payments.

Our Rating System

Icon
We rely on reviews from verified users–just like you!

The star ratings are based on the overall rating of each brand.
We encourage you to write a review of your experiences with these brands and share your experiences with others

Our Best Overall Provider

1
EDITOR'S CHOICE
Coupon icon

GET $200 BACK IF YOU DON'T SAVE ON PROCESSING FEES

  • Check
    Most businesses approved within 24 hours
  • Check
    Rates customized to meet the unique needs of your business
  • Check
    Security measures to protect customers from frauds
  • Check
    Accepts merchants with high-risk profiles
  • Check
    One-stop-shop for all your payment processing needs

Arrow See extra details & advantages

Icon

24/7/365 Technical Support

Icon

Free EMV Terminal

Icon

Customized Account Setup

Pros & Cons

Arrow

  • Check

    Accepts merchants with high-risk profiles

  • Check

    Industry low rates

  • Check

    24/7/365 customer & technical support

  • Check

    Customizable account solutions

  • Cancel

    Fees for early termination

  • Cancel

    3 Years contract

Why We Picked It:

Arrow

Leaders Merchant Services offers extensive processing services, a simple online application process, and some of the lowest rates in the industry regardless how small or high risk your business is. There is great 24/7 customer and IT support and you will usually be approved for your account the same day or within 24 hours

What Are Merchant Services?

Merchant services companies are a service provided to businesses that let the business process credit cards, receive direct deposits, and accept online payments. There are thousands of merchant service providers. Each organization offers its own tools, services, and prices, ranging from third-party merchant services providers to large bank-operated merchant services. In today’s world, most small and medium-sized businesses use a third-party merchant services provider. They will take credit card information, process the payment, and deliver the funds electronically, right into your bank account. Merchant services providers will also accept online payments from customers.

How to pick the Best Merchant Services provider?

It makes sense to look for a provider that can deal with all or the majority of your company's needs, from the equipment you use to the accounting program you have, and everything you can automate in between. Some companies have processing fees while other merchant service companies have one monthly fee and no other hidden costs. Know what each company offers and weigh the costs for both. Are you in an industry like CBD or other niches that are difficult to get payment gateways for? There are providers for these types of industries, you just need to look for them.

What are the Components of Merchant Services?

Merchant Services encompass various essential components that businesses need to facilitate smooth payment processing and accept credit card payments. These components include merchant accounts, payment gateways, point-of-sale (POS) systems, card readers, credit card terminals, and online payment platforms.

A Merchant Account serves as a dedicated bank account that enables businesses to accept credit card payments from customers. Payment gateways act as the secure bridge between the merchant's website or POS system and the financial institution, encrypting and authorizing payment information. POS systems provide a centralized platform for managing transactions, inventory, and customer data.

Card readers, credit card terminals, and online payment platforms enable businesses to capture payment details and initiate the transaction process. By leveraging these comprehensive components of merchant services, businesses can optimize their payment infrastructure and provide convenient, secure, and seamless payment experiences for their customers.

Our Top 3 BEST MERCHANT SERVICES

1
  • Check

    Accepts merchants with high-risk profiles

  • Check

    Industry low rates

  • Check

    24/7/365 customer & technical support

  • Check

    Customizable account solutions

  • Cancel

    Fees for early termination

  • Cancel

    3 Years contract

Leaders Merchant Services offers extensive processing services, a simple online application process, and some of the lowest rates in the industry regardless how small or high risk your business is. There is great 24/7 customer and IT support and you will usually be approved for your account the same day or within 24 hours

2
  • Check

    24/7 Live help

  • Check

    30-Day free trial

  • Check

    Quick deposits to your bank

  • Check

    Multiple mobile app add-ons

  • Cancel

    Expensive for low volume businesses

  • Cancel

    36-48 Month contracts- early termination fees

Clover Credit Card Processing is a payment processing solution designed to help businesses accept and manage credit card payments. The system is designed to be user-friendly, with a simple interface that makes it easy to accept payments and manage transactions. Clover also offers a secure payment gateway, which protects sensitive customer data and prevent fraud. Additionally, the system is PCI compliant, meaning it meets the Payment Card Industry security standards.

3
  • Check

    $0 Cost Processing option with Cash discount pricing

  • Check

    Focus on security and fraud prevention - PCI Protections

  • Check

    Super competitive processing rates

  • Check

    Wide range of payment solutions

  • Cancel

    Pricing structures may vary and may require customization for some businesses

  • Cancel

    Early contract termination is a charge by Paysafe, as are most businesses in this niche

There are many reasons why Paysafe has a commendable rating among other merchant account service providers. For one, they offer extensive services and provide the necessary support for merchants. Paysafe is at the forefront of its industry if it comes to web and logo design, loans and cash advances, payment gateways, and so on. In addition to that, Paysafe offers a generous sign-up bonus. In general, Paysafe is a good choice for all merchants.

Our Rating System

We rely on reviews from verified users–just like you!

The star ratings are based on the overall rating of each brand.
We encourage you to write a review of your experiences with these brands and share your experiences with others

Kelly
Creative writer and editor

Kelly Weissman

Kelly Weissman is an expert analyst and reviewer who has a wealth of experience.
She is highly respected for her opinions and insights, and her reviews are sought after by both consumers and businesses alike. Kelly is a trusted source of information and her reviews are always fair and objective.

What Are Merchant Services?

Merchant services companies are a service provided to businesses that let the business process credit cards, receive direct deposits, and accept online payments. There are thousands of merchant service providers. Each organization offers its own tools, services, and prices, ranging from third-party merchant services providers to large bank-operated merchant services. In today’s world, most small and medium-sized businesses use a third-party merchant services provider. They will take credit card information, process the payment, and deliver the funds electronically, right into your bank account. Merchant services providers will also accept online payments from customers.

How to pick the Best Merchant Services provider?

It makes sense to look for a provider that can deal with all or the majority of your company's needs, from the equipment you use to the accounting program you have, and everything you can automate in between. Some companies have processing fees while other merchant service companies have one monthly fee and no other hidden costs. Know what each company offers and weigh the costs for both. Are you in an industry like CBD or other niches that are difficult to get payment gateways for? There are providers for these types of industries, you just need to look for them.

What are the Components of Merchant Services?

Merchant Services encompass various essential components that businesses need to facilitate smooth payment processing and accept credit card payments. These components include merchant accounts, payment gateways, point-of-sale (POS) systems, card readers, credit card terminals, and online payment platforms.

A Merchant Account serves as a dedicated bank account that enables businesses to accept credit card payments from customers. Payment gateways act as the secure bridge between the merchant's website or POS system and the financial institution, encrypting and authorizing payment information. POS systems provide a centralized platform for managing transactions, inventory, and customer data.

Card readers, credit card terminals, and online payment platforms enable businesses to capture payment details and initiate the transaction process. By leveraging these comprehensive components of merchant services, businesses can optimize their payment infrastructure and provide convenient, secure, and seamless payment experiences for their customers.

FAQ

How Do I Know Which Type of Merchant Services Is Right for My Business?
Arrow

To determine the right type of Merchant Services for your business, consider factors such as transaction volume, payment types, and security needs. Research providers that align with your requirements and compare their offerings, fees, and customer reviews. Seek solutions that optimize your business operations and enhance customer experience while minimizing costs. Analyzing these factors will guide you in making an informed decision for your business.

How Long Does It Take to Get Approved and Set Up a Merchant Service?
Arrow

The time it takes to get approved and set up a merchant account varies depending on the provider and your business’s specific requirements. On average, the process can take anywhere from a few days to a couple of weeks. Factors that influence the timeline include the completeness of your application, the provider’s internal review process, and any additional documentation or verification required. It’s advisable to inquire about estimated timelines from different providers to make an informed decision.

What Are Merchant Services for Small Business?
Arrow

Merchant Services for small businesses are a type of payment processing service that allows companies to accept payments from customers through credit or debit cards. Banks typically offer this type of service, but there are also many independent providers who offer these services.

When you sign up for Merchant Services, you will be given a merchant account. This account will be used to hold the funds from your transactions. Once the money has been transferred to the bank account, you can then use it however you wish– whether that’s reinvesting back into your business, covering operational costs, or paying employees.

How Much Should I Pay for Merchant Services?
Arrow

The cost of merchant services will vary depending on the provider you use and the type of account you have. Basically, businesses will pay a monthly fee, a per-transaction fee, and sometimes an additional charge each time a customer uses their card.

Depending on what your business needs, you can expect to pay anywhere from $20 to $100 per month for merchant services. The per-transaction fee is typically around 0.25% – 0.50%, but this will vary depending on the provider you use.

Can I Manually Process Transactions with a Merchant Account?
Arrow

Yes, many Merchant Services providers offer the option to manually process transactions. This allows businesses to accept payments using various methods such as keying in credit card details or inputting transaction information through a virtual terminal. However, it’s important to note that manual processing may incur higher transaction fees compared to card-present transactions. When comparing providers, consider their manual processing capabilities and associated fees to make an informed decision for your business’s needs.

How Do I Withdraw Money from My Merchant Account?
Arrow

Withdrawing money from your merchant account is typically done through a process called ACH (Automated Clearing House) transfers. This electronic network handles the transfer of funds between financial institutions.

To withdraw money from your merchant account, you will need to share your bank account information with the provider. Once the funds have been transferred, they will be available in your bank account within a few days.

EDITOR'S CHOICE
Image
GET $200 BACK IF YOU DON'T SAVE ON PROCESSING FEES
9.9
Visit Site
MOST POPULAR
Image
GET $450 STATEMENT CREDIT
9.8
Visit Site
Image
OFFICIAL CLOVER RESELLER
9.7
Visit Site
Kelly
Creative writer and editor

Kelly Weissman

Creative writer and editor

Kelly Weissman is an expert analyst and reviewer who has a wealth of experience.
She is highly respected for her opinions and insights, and her reviews are sought after by both consumers and businesses alike. Kelly is a trusted source of information and her reviews are always fair and objective.