Top 10 Best Credit Card Processing Companies

Leaders is one of the best credit card processing services in the industry. It’s been around for 20 years, and its parent company is the reputable Paysafe Group Subsidiary. Leaders gives businesses a lot of reasons to love it, including some of the best credit card processing rates in the industry. We’re talking about rates that start at just 0.15%. Plus, Leaders has a 98% approval rating. So, businesses having a hard time getting the green flag will find Leaders’ process refreshing. What's more, Leaders offers a solid $500 Assurance guarantee. This states that if the company can't save you money within the first 6 months of your contract, you'll be awarded $500 in compensation. Leaders works with the reliable Clover point of sale system, and it also integrates with QuickBooks. New SMBs will appreciate the helpful glossary of terms and 24/7/365 customer service for troubleshooting any issues. Additionally, Leaders offers value-added services such as business cash advances, loyalty programs, gift cards, check guarantee services, and point of sale systems.

Paysafe is a comprehensive payment solution that is transforming how businesses handle transactions. It accepts global payments in 17 currencies, including credit cards, debit cards, digital wallets, POS systems, cash cards, and installment payments. The scale-based pricing starts at 15% for low volume, 3.9% per volume, and 9.5% for higher volume. There's also a fixed fee of 1.5 euros per transaction. Paysafe offers various services, including online, digital wallet, and in-person payments, and additional benefits like POS systems, receipt management, and currency conversion. This makes it a versatile choice for businesses of all sizes and types. Paysafe offers several tools to assist businesses with their in-store payment processing. One of the notable equipment offerings is Paysafe's Android tablet POS (Point of Sale) system, which facilitates on-the-spot payment acceptance. This POS system, combined with Paysafe's sophisticated in-store payment structure, allows businesses to provide their customers with various payment options, including installment payments and mobile purchasing. For detailed pricing, contact Paysafe directly for a tailored quote.

Many top credit card processing companies sell Clover’s point-of-sale systems. But did you know that Clover itself offers credit card processing through parent company Fiserv? That’s right. While Clover is primarily known for its POS hardware, it also offers a range of other services including payment processing, gift cards, invoicing and payroll solution, and working capital financing. That said, if you’re looking for a payment processor that offers Clover devices, you should compare Clover to the many other payment processing companies that are authorized to resell Clover products. Clover’s flat-rate processing may seem convenient, but it looks less attractive when you consider the hundreds of poor reviews it has received from small business owners that have used its service.

Worldpay is one of the largest and most established credit card processing companies in the world. Backed by FIS, Worldpay delivers robust payment solutions for businesses of all sizes, whether online, in-person, or across borders. From contactless and mobile payments to powerful analytics, invoicing tools, and recurring billing features, Worldpay helps merchants streamline operations and boost revenue. While its wide range of features is impressive, potential users should be aware of its sometimes complicated fee structure and contract terms. Still, for businesses needing international processing capabilities and enterprise-grade tools, Worldpay stands out as a strong contender in the payment processing space.

GoDaddy Payments is a built-in payment processing solution offered by GoDaddy, tailored for small businesses and online sellers using its platform. Known primarily for its domain and hosting services, GoDaddy now enables merchants to accept in-person and online payments with competitive flat rates and quick payout times. With GoDaddy Payments, users can seamlessly manage their online store, POS, and appointments all within a single dashboard. While its integration is ideal for existing GoDaddy users, those needing broader eCommerce or third-party tools might find the platform somewhat limiting. Nonetheless, for small business owners looking for a reliable and unified experience, GoDaddy Payments offers an attractive, low-friction option.

Payment Depot’s mission is to bring integrity and transparency to the credit card processing industry. Spearheaded by a group of entrepreneurs, Payment Depot aims to make credit card processing manageable and understandable for small businesses. The company is well regarded in the industry, holds a 4.9 rating from Trustpilot, and scored an A+ with the BBB. Payment Depot is backed by the Wells Fargo Bank and uses Clover hardware for credit card processing.

Merchant One is a credit card payment processing company that also resells Clover point-of-sale (POS) products to help merchants trade and collect payments. While its custom solutions and pricing address customers’ needs, there have been complaints about unclear billing. Moreover, I think its customer service could be better. Nevertheless, if you’re looking for custom payment processing and merchant services, I think Merchant One is worth considering.

Through the pioneering of its intuitive Square Reader, it's clear that this company is targeting the more tech-savvy retailers. Whether this means businesses that trade primarily online or on-the-go, or traditional brick and mortar businesses which just want to offer their customers more ways to pay—Square provides a stylish solution. Businesses must have either an Apple or Android device and the rates are friendliest to those with a maximum $400 per transaction and $21,000 per month. That's not to say that large corporations cannot use Square, just that the swipe rates will increase.

Payment Nerds delivers a comprehensive suite of payment processing tools designed to accommodate businesses of all sizes. From credit card transactions to digital wallets, the platform ensures secure and efficient operations, backed by advanced fraud prevention tools and PCI compliance. The transparent pricing structure and 24/7 customer support stand out in a crowded market.