The Best Merchant Account Service Providers of 2023

No matter what kind of business you work for, it’s important that you have access to the right merchant account services. If you’re looking for a better way to accept payments online, this list will help you find the perfect service for your business.

Stripe

Stripe merchant account, the online payment processing solution for businesses, has been around since 2010. It offers a variety of products and services, including Stripe Payments and Checkout. The company also offers an open-source library called Elements that integrates with many other third-party apps.

Stripe is trusted by more than 250,000 businesses around the world to power their online sales channels on marketplaces like Amazon and eBay as well as in person with Square Reader or Shopify POS.

Square

Square is a mobile payment processing company that provides free card readers and charges 2.75% + $0.15 per swipe. They also sell full point-of-sale systems to small businesses, which can be expensive but provide more features than Square’s standard offering. The monthly fee for their POS system is $99/per month for basic services or $249/per month for the premium version (which includes things like fraud protection).

PayPal

PayPal is a digital payment service that allows you to accept and make payments in online stores. It’s an international, global e-commerce business allowing payments and money transfers to be made through the Internet.

The company was founded by Max Levchin, Peter Thiel, Luke Nosek, and Ken Howery at Confinity in December 1998. PayPal was acquired by eBay for $1.5 billion in 2002.[4]

In 2014, PayPal moved $228 billion in 26 currencies across more than 190 nations,[5] generating a total revenue of $6.7 billion.[6] PayPal operates in 20 countries[7][8] around the world[9][10], with more than 200 million active users (in October 2016). The company has offices in North America, Europe, Australia, and South America as well as other global regions.

Shopify Payments

Shopify Payments is a service that helps you accept payments online. If you want to set up an online store, Shopify Payments is a great option for you.

Shopify Payments is free to use if you have a Shopify account. You can use Shopify Payments in over 150 countries and it’s available in 15 currencies.

QuickBooks GoPayment

If you’re a small business owner, QuickBooks GoPayment is an excellent option. The service has a good reputation and is easy to use. It’s compatible with the QuickBooks accounting software and offers a free trial period. You can also set up GoPayment in less than 10 minutes.

Authorize.Net

Authorize.Net is a payment gateway and merchant account provider that has been around since 1996. They are a PCI Level 1 certified service provider, which means they have the highest level of security and data protection in the industry.

Authorize.Net provides many features, including recurring billing, fraud protection, credit card storage fees, and more.

Amazon Pay

Amazon Pay is a payment processing service that lets you accept payments on your website or in-app. You can also use it to purchase products from third-party sellers on Amazon. If you have an Amazon Seller Central account, you can use this service to sell your products through Amazon.com and other marketplaces by using the Buy Now button on your product detail pages.

Amazon Pay supports two different kinds of transactions:

• Ecommerce transactions—when someone buys something from a third-party seller’s store after clicking your Buy Now button or link on their site; and
• Mobile payments—when someone makes an immediate purchase with their smartphone when they’re viewing your product or service page (the app must be installed).

BitPay

BitPay is a US-based crypto payment processor that was founded in 2011. The company has offices in North America, Europe, and Asia, as well as an app for both Android and iOS users.

BitPay is one of the most popular crypto payment processors in the world, with over 100,000+ merchants taking advantage of its services. As such it’s no surprise that BitPay also offers a wallet for bitcoin storage – which is available on both iOS and Android devices via its mobile app (and also the desktop).

Dwolla

Dwolla is a person-to-person payment network that lets you send and receive money from your family, friends or co-workers. The network is designed to make it easy for users to send and receive funds while also providing financial institutions with software tools and services that enable them to offer their own person-to-person payment solutions.

Dwolla works with regulated money transmitters in the U.S., so its customers can seamlessly send and receive payments through their bank accounts. Its API was built for developers who want to quickly integrate Dwolla into their applications; in fact, it’s one of the most popular APIs on GitHub! If you have questions about Dwolla or would like more information about how we can help your business grow, please don’t hesitate to contact us today!

Dharma Merchant Services

Dharma Merchant Services is a payment processing service that allows you to accept credit cards, debit cards and ACH payments online or in person. Dharma Merchant Services is a great option for businesses that want to accept payments online or in person.

Find the right merchant account for your business.

• Find a provider that will work with your business.
• Make sure they are a good fit for your business.
• Make sure they are reputable, affordable and have a good reputation.