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The Top 6 Merchant Services: Square Flagship Merchant Services HelcimPayment Depot Fattmerchant Stripe. You want to look at what the payment processor offers in addition to credit card processing. Do they offer free POS systems, hardware, mobilepayments, integrations, etc?
Many POS systems are also equipped with software that helps with other business processes like inventory and staff management, in addition to payment processing. Mobile processing solutions Mobile processing solutions don’t require additional equipment to initiate a card payment.
Payments made via e-commerce platforms and through mobile devices can also have different rates. Helcim and Stripe are the more popular payment processors offering interchange plus pricing models. Card present transactions tend to be the cheapest option as they are the lowest risk. These can add up.
Identify Your Business Needs The first step in selecting a payment processor is to understand the specific needs of your business. A general checklist of factors, features, and more to consider: Determine the type of payments you plan to accept. Standard payment solutions nowadays must include mobile and touch-free options.
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