Comparing The Most Recommended Credit Card Processing Companies in 2024

Make sure you choose a company that has all the processing features you need when looking for the Best Credit Card Processing solution for your business. The top picks provide you with the best options, whether you're looking for a simple or customized payment solution. Here are the Best for 2024 Read More...
Updated for December 2024
CREDIT CARD PROCESSING
1
EDITOR’S CHOICE
5.0
  • Accepts merchants with high-risk profiles
  • One-stop-shop for all your payment processing needs
  • Free Credit Card Reader
SPECIAL OFFER
SAME DAY APPROVAL WITH HIGH APPROVAL RATES
Icon 866-343-4996
SPECIAL OFFER
SAME DAY APPROVAL WITH HIGH APPROVAL RATES
ADVANTAGES
  • Accepts merchants with high-risk profiles
  • One-stop-shop for all your payment processing needs
  • Free Credit Card Reader
img/3.svg
Same Day Approval
img/safe-1.svg
Security Measures From Fraud
img/multi-location-capabilities-1.svg
Customized Account Setup
img/Frame-1.svg
24/7 Technical Support
2
ALL-IN-ONE SOLUTION
4.9
  • Transparent Rates, No Surprises
  • Accept payments anywhere
  • Fast and Simple Setup
SPECIAL OFFER
GET $450 STATEMENT CREDIT WHEN YOU BUY STATION, MINI OR FLEX
Icon 855-648-6323
SPECIAL OFFER
GET $450 STATEMENT CREDIT WHEN YOU BUY STATION, MINI OR FLEX
ADVANTAGES
  • Transparent Rates, No Surprises
  • Accept payments anywhere
  • Fast and Simple Setup
img/quick.svg
Simple set-up
img/Group.svg
Process online orders
img/safe-1.svg
Multi-layered security
img/Frame-2.svg
Accept Payments Easily
3
ACCEPT PAYMENTS ANYWHERE
4.8
  • Full Clover™ suite POS equipment to merchants
  • Zero Cost Processing
  • Accepts most payment types
SPECIAL OFFER
CLOVER™ SUIT POS EQUIPMENT
Icon 805-716-6906
SPECIAL OFFER
CLOVER™ SUIT POS EQUIPMENT
ADVANTAGES
  • Full Clover™ suite POS equipment to merchants
  • Zero Cost Processing
  • Accepts most payment types
img/Frame-1.svg
24/7 Support
img/Group.svg
Mobile Payments
img/Free-equipment.svg
Clover POS reseller
img/shield-1.svg
PCI Protection
4
4.6
  • Flat-Rate pricing
  • 98% Approval rate
  • No setup fees
SPECIAL OFFER
FREE EMV TERMINAL
SPECIAL OFFER
FREE EMV TERMINAL
ADVANTAGES
  • Flat-Rate pricing
  • 98% Approval rate
  • No setup fees
img/Frame-1.svg
24/7 Unlimited Support
img/payment-terminal-01-1.svg
Free EMV terminal
img/Free-equipment.svg
Industry low rates
img/Group-1.svg
Dedicated Account Manager

Free Credit Card Reader

Same Day Approval

Visit Site

OUR BEST CHOICE

1
OUR #1 CHOICE
5.0
  • Accepts merchants with high-risk profiles
  • One-stop-shop for all your payment processing needs
  • Free Credit Card Reader
SPECIAL OFFER
SAME DAY APPROVAL WITH HIGH APPROVAL RATES
Call 866-343-4996
SPECIAL OFFER
SAME DAY APPROVAL WITH HIGH APPROVAL RATES
ADVANTAGES
  • Accepts merchants with high-risk profiles
  • One-stop-shop for all your payment processing needs
  • Free Credit Card Reader
  • img/3.svg
    Same Day Approval
  • img/safe-1.svg
    Security Measures From Fraud
  • img/multi-location-capabilities-1.svg
    Customized Account Setup
  • img/Frame-1.svg
    24/7 Technical Support

Why We Picked It:

Leaders Merchant Services stands out as our top pick for businesses of all sizes. With a comprehensive suite of payment solutions, including point-of-sale systems, online gateways, mobile payments, and virtual terminals, they meet diverse needs. Competitive rates and transparent pricing help manage costs effectively. Exceptional customer support, data security, and advanced fraud prevention ensure confidence. Scalable solutions and a commitment to customer satisfaction make Leaders Merchant Services our top choice for payment processing providers.

YOU MIGHT BE INTERESTED IN POINT-OF-SALE SYSTEMS

img/POSpros-3-1-1-300x49.png
4.3
SPECIAL OFFER
FREE CLOVER POS WHEN OPEN A MERCHANT ACCOUNT
Icon Get Started VISIT SITE
img/Paysafe-Lockup-Blue-RGB.png
4.9
SPECIAL OFFER
OFFICIAL CLOVER RESELLER
VISIT SITE
img/clover_nomark_rgb_1024_1024px-5-300x73.png
4.9
SPECIAL OFFER
GET $450 STATEMENT CREDIT WHEN YOU BUY STATION, MINI OR FLEX
VISIT SITE

What are Credit Card Processing services providers?

Credit card processing services providers are businesses that offer credit card processing services to merchants.

These services may include credit card processing, debit card processing, electronic check processing, and gift card processing.

Credit card processing services providers typically charge a fee for their services, which may be a percentage of the total transaction amount, a flat fee, or a combination of both.

How to choose the best Credit Card Processing company for my business?

There are a few things you should take into consideration when choosing a credit card processing company for your business.

First, you need to make sure that the company is reputable, and has a good reputation with its customers.

Second, you need to make sure that the company offers competitive rates and fees.

Finally, you need to make sure that the company has a good customer service team that can help you with any questions or concerns you may have.

Benefits of Credit Card Processing services

The more payment methods you can accept, the more sales you’ll make because you remove any friction to the sale.

You’ll also make more revenue as it is easier to boost your average order value.

Many studies have shown that people spend more when they pay with credit cards versus using cash.

Things to consider when choosing a payment processor company

One of the most important decisions a company owner will make is choosing the right credit card processing company.

A good payment processor will have a good reputation for processing payments quickly and efficiently, and will be able to offer you a variety of payment options to choose from.

There are many factors to consider when choosing a credit card processing company. You need to find a company that offers the features and services that are most important to your business. We’ve done the research so you can make an informed decision. The right choice will ensure your transactions are handled quickly and efficiently.

Some of the factors you should consider when choosing a credit card processing company include:

  1. The fees they charge. Is it in your budget?
  2. Are they easy to do business with? You want a company that is accessible during the hours you take sales.
  3. Are their fees within your budget? Check for any hidden fees- you don’t want any surprises on your first bill
  4. Do you need mobile payment options? Think about how you will use the POS machine. Will it always be fixed in one place?
  5. Will that always be convenient?
  6. Do they integrate with the software your company uses? Most card readers integrate with QuickBooks so check if it integrates with your software.
  7. Do they offer the analytics you need to grow your business? Even if you are a small business you can benefit from knowing everything about your business that you can learn through detailed reports- besides your accountant will love them!
  8. How quickly do you get your funds or do they have holdback? Can your business survive 1-5 days without an influx of cash?
  9. Do you need recurring or subscription payments? What other things might your unique business need in integrated software?
1
Star icon
5 / 5
  • Check icon
    Accepts merchants with high-risk profiles
  • Check icon
    One-stop-shop for all your payment processing needs
  • Check icon
    Free Credit Card Reader
Visit site
2
Star icon
4.9 / 5
  • Check icon
    Transparent Rates, No Surprises
  • Check icon
    Accept payments anywhere
  • Check icon
    Fast and Simple Setup
Visit site
3
Star icon
4.8 / 5
  • Check icon
    Full Clover™ suite POS equipment to merchants
  • Check icon
    Zero Cost Processing
  • Check icon
    Accepts most payment types
Visit site

FAQ

What is Credit Card Processing?

Icon

Credit card processors are responsible for authorizing and settling credit card transactions. They act as a middleman between the business and the customer’s bank, and they also interact with other financial institutions, such as credit card associations. Processors typically charge a percentage of the transaction total as a service fee. The rate varies depending on the type of business and its size.

How Credit Card Processors Can Help to Increase Revenue?

Icon

Credit card processors provide customers with convenient payment options, such as mobile payment, online payment, and credit card payment. The mission of these institutions is to lead businesses globally—a foreign buyer can purchase goods or services through a virtual terminal via the internet, and a transaction will smoothly execute.It is important to remember that consumers are clients of various banking structures, and it is evident that different payment methods are comfortable for them.

How to Choose a Payment Processor?

Icon

There are a couple of things to consider when choosing a credit card payment processor.

  • The first is whether the processor can support the type of credit cards you accept. Some processors only work with certain types of cards, so it’s important to make sure your processor can handle the type of card you accept.
  • Another thing to consider is the fees associated with the processor. Some processors charge monthly fees, while others charge per-transaction fees. Make sure you understand the fees associated with the processor.

What Is the Difference Between Payment Processor and Gateway?

Icon

A payment processor is a company that handles the electronic transfer of funds between a merchant and a customer. A payment gateway is a software application that allows a merchant to accept credit card and electronic checks as payment for goods and services.

What Is the PCI DSS (Payment Card Industry Data Security Standards)?

Icon

The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to protect cardholder data. PCI DSS is managed by the PCI Security Standards Council, a consortium of major credit card companies. PCI DSS compliance is required for any organization that processes, stores, or transmits credit card data.

 

PCI DSS compliance must maintain a secure network, protect cardholder data, implement strong access control measures, regularly monitor and test networks, and maintain an information security policy.PCI DSS compliance requires organizations to take a number of steps to ensure the security of their networks and the data they process.

 

These steps include implementing security policies and procedures, designing secure network architectures, developing secure software, and regularly monitoring and testing networks. In addition, organizations must maintain an information security policy that outlines.