Accepting credit cards is a must for any business, but especially for small businesses. If you only take the cash, you are cutting off a big chunk of potential sales and profits. In fact, a huge majority of purchases that people make in 2015 are done with a small piece of plastic. You don’t even have to hang around anymore with the invention of contactless. So, to make sure your business keeps up with the trend, here are the best credit card processors on the market.
Best Low Volume Credit Card Processor
You might have a card processor without realising it. PayPal doubles up as a credit card processor, so your business can use their processing solution for a reasonable fee. It only offers the service for businesses with low-volume sales, but if your company fits that description, it is one of the easiest and flexible around. Customers can make sales in person, online or on the go, and you can even extend them credit with additional add-ons.
Best Medium Volume Credit Card Processor
If you are a business whose sales are much higher, Payline Data is a good way to go. As a company, they deal with $315.5 billion in debit and credit card sales volume annually. As a partner, they offer a service that you can trust. Even as a growing business, they offer high-risk merchant accounts that many other companies don’t.
Best Mobile Credit Card Processor
Square is the way to go for a mobile processor as it is a fast and easy way to accept credit cards anytime, anywhere. It is incredibly flexible as it offers dedicated solutions for a variety of companies from retailers to entertainment businesses, and you can use it from remotely from your device. All you have to do is download the app and plug the credit card reader into your Android or iOS device, and you are ready.
Best Online Credit Card Processor
Stripe does all the hard work for you, so you don’t have to. Well, it does if it is to do with credit cards transactions online. You can paste the basic checkout system into your online store, or you can program it into your shopping cart instead. But, the best feature is the fact you don’t need a merchant account, so you can start processing your company’s credit card sales straight away.
Most Flexible Credit Card Processor
Not every card processor is suitable because they are not all completely flexible. Some have features that are conducive to your business, and others don’t. Braintree, however, is different because it is extremely flexible when it comes to accepting online payments. In fact, Braintree allows you to accept PayPal, Apple Pay and even Bitcoin and these are just a few examples.
Don’t fall behind with credit card processors because they are the best way to boost your sales and they are a must in the modern era. Think carefully about which one you choose, but choose one if you want your business grow and expand.