Small Business Card Payments: Your Best Options (2024)

Finding the right provider to accept card payments can be overwhelming, as the industry is full of providers offering their services to small businesses.

In this article, we’ll explore some of the best card payment for small business providers and help you decide which option suits your business.

We'll also talk about how the Wise Business account could help you save on while sending and receiving overseas transactions.

Get a Wise Business account >>

Table of contents
1. Square 2. Adyen 3. Apple Pay 4. Authorize.Net 5. PayPal Pricing for service 6. Braintree 7. 2Checkout/Verifone 8. Helcim 9. Amazon Pay 10. WePay 11. Checkout.com 12. Dwolla 13. CyberSource 14. Payoneer 15. Zettle 16. PayU 17. GoCardless 18. Klarna 19. BitPay 20. Worldpay

Best Small Business Card Payments Options

Without further ado, here are our picks for the top twenty credit card payment options for small businesses. For each option, we’ll go through key features and pricing.

Wise Business: An International Payment Option

Wise Business is here to provide a quality account that not only lowers your fees but also helps you run your business more efficiently. Let's take a look at some of the key parts of the Wise Business account.

The Wise International Business Advantage:
Low-cost international transfers with the mid-market exchange rate No monthly fees or minimum balance requirements Hold 40+ currencies and send to 70+ Batch payments, scheduled, and automatic payments (free with account) A one-time fee for local account details to receive payments at no extra cost in major global currencies Accounting Software Integration: QuickBooks, Xero, Wave, and Sage

Send payments

Wise helps you send payments instantly, transparently, and safely. With Wise, you can send and receive international payments in 40+ currencies, all at the touch of a button. This is especially useful for businesses and freelancers with an international reach.

The process is so easy that you only need a few details to send money to your recipient's account—no mysterious codes or complex steps. The money also gets there quickly, often more quickly than via most other providers.

Receive payments

Wise Business also lets you receive payments in multiple currencies. With a Wise Business account, you'll get unique account details for global currencies, including USD, GBP, EUR, CAD, AUD, JPY, and more. This way, your clients can pay you just like they pay a local business, and there's no need for costly fees on your end to receive your hard-earned funds.

Pricing for service

Wise keeps their pricing transparent. Find a list of fees here.

There's no subscription cost for opening or maintaining a Wise Business account. For each transaction, you'll pay a small, flat fee and a percentage of the amount converted. The exact cost can vary depending on the currency route, but you'll still be saving when sending money abroad.

Get a Wise Business account >>

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1. Square

Square is a financial service that provides card payment solutions for small business and tools to manage their finances.¹

Key Features

• Accept cards and eGift cards
• Manage inventory and customer information
• Send digital receipts
• Receive funds instantly (at an extra cost) or the next business day
• Access to sales reporting and analytics
• Square support via phone or email
• Take contactless payments via your smartphone

Pricing

Feature	Cost
POS App	Free
Monthly Fees	$0
Tap, Dip, or Swipe Fee	2.6% + $0.10
Square Reader (for tap or dip transactions)	$59
Square Stand (for tap, dip, or swipe transactions)	$169

2. Adyen

Adyen is a global payment technology company that offers businesses a seamless and secure way to accept payments from customers worldwide.

Key Features²

Adyen allows customers to make payments via pre-built solutions for

• Your website
• Your iOS app
• Your Android app
• Your cross-platform app
• Point of Sale

They also allow you to make customizable options, like

• API only/build your own UI
• Pay by Link

Pricing³

Adyen’s standard processing fee is $0.11 per transaction plus an additional fee determined by the card company.

3. Apple Pay

Apple Pay is a financial service that allows users to make payments using their Apple devices such as iPhone, iPad, or Apple Watch.⁴

Key Features

• Easy integration through e-commerce platforms or payment service providers
• Available for apps, on the web, or even through iMessage
• Order tracking in Apple Wallet
• Sandbox testing pre-implementation
• Tools to help you optimize your checkout process

Pricing

Apple Pay is free to use, but it does encourage users to use an e-commerce platform or payment service provider, which can result in additional fees. You will also be expected to pay the fees associated with each card company. You can learn more about Apple Pay pricing and general information here.

4. Authorize.Net

Authorize.net is a leading payment gateway service that enables businesses to securely accept credit and debit card payments online.

Key Features⁵

Authorize.net allows customers to make payments via

• eCommerce
• eCheck
• Point of sale
• Mobile payments
• Phone payments

They also have tools to help you manage your billing needs.

Pricing⁶

Authorize.net offers two pricing options:

All-In-One Option: Monthly Gateway	$25
Transaction Fee	2.9% + $0.30/transaction

Payment Gateway Only: Monthly Gateway	$25
Transaction Fee	$0.10/transaction + $0.10 daily batch fee

5. PayPal

PayPal is an online payment platform that allows users to send and receive money securely through the Internet.

Key Features⁷

• Online checkout
• Installment payments
• Invoicing
• POS system
• Payments via card or services
• Integrated solutions for accounting, marketing, and more
• AI-powered fraud prevention

Pricing⁸

Feature	Cost
Online Credit/Debit Card Transaction Fee	2.59% + $0.49/transaction
PayPal Zettle POS Credit/Debit Card Transaction Fee	2.29% + $0.09/transaction
PayPal Digital Payments Transaction Fee	3.49% + $0.49/transaction
PayPal QR Code Fee	2.29% + $0.09/transaction

6. Braintree

Braintree is a financial service that provides companies with the tools to accept payments online and in-app.⁹

Key Features

• Merchant account and payment gateway
• Basic fraud tools
• Data encryption through the Braintree Vault
• Support via phone and email
• Data migration assistance
• Reporting
• Recurring billing
• Third-party integrations
• Advanced fraud tools
• Integration support
• Interchange plus pricing options

Pricing

Feature	Cost
Card and Digital Wallet Transaction Fee	2.59% + $0.49/transaction
PayPal and PayPal Credit Transactions	Subject to PayPal pricing
Venmo Transaction Fee	3.49% + $0.49/transaction
ACH Direct Debit Transaction Fee	0.75%/transaction

7. 2Checkout/Verifone

2Checkout/Verifone is a financial service that provides secure and convenient payment processing solutions for businesses of all sizes.¹⁰

Key Features

• Sell in 200 countries/territories
• Integrate with any of over 120 carts
• Ability to scale up for international growth
• Freedom of product selling
• Access to recurring billing

Pricing

2Checkout/Verifone offers three pricing plans:

Plan	Cost
2Sell	3.5% +$0.35/sale
2Subscribe	4.5% + $0.45/sale
2Monetize	6.0% + $0.60/sale

Each includes the services listed above, while 2Subscribe and 2Monetize offer additional features. You can learn about those here.

8. Helcim

Helcim is a modern financial service that offers businesses and individuals a streamlined way to manage their money.¹¹

Key Features

Helcim allows customers to pay via

• Keyed and over the phone
• Contactless payment
• Online payment

They also offer

• Virtual terminal
• Invoicing
• Subscription manager
• Custom rates

Pricing

Helcim provides custom rates for their customers, but here is the average cost you can expect for transactions:

Feature	Cost
In-Person Transaction Fee	1.93% + $0.08
PIN-Debit Rate	0.91% + $0.08
Keyed & Online Transaction Fee	2.49% + $0.25

9. Amazon Pay

Amazon Pay is a digital payment service provided by Amazon that allows customers to make purchases and complete transactions securely using their existing Amazon accounts.¹²

Key Features

• Amazon customers can pay you without creating a new account or entering info
• Increases conversions
• Lowers cart abandonment
• Tools to help you grow and optimize

Pricing

In Amazon’s own words: “Amazon Pay fees are transaction-based and have a processing and authorization component. The transaction fee is composed of a domestic processing fee and an authorization fee, plus tax where applicable. These fees are only charged once the purchase is successfully authorized and processed.”

10. WePay

WePay is a digital payment platform that allows users to send and receive money securely online.¹³

Key Features

• Tailored solutions
• Scalable relationships
• End-to-end financial services
• Complete suite of payment solutions
• Best-in-class integrated payment solutions
• Easy-to-integrated APIs
• Maximized and expanded revenue

Pricing

WePay has not made their pricing structure available to the general public.

11. Checkout.com

Checkout.com is a leading digital payment platform that provides secure and seamless financial transactions for businesses and consumers worldwide.

Key Features¹⁴

Checkout.com allows customers to pay via

• Debit and credit card online
• Subscription payment
• Mobile payment with major credit and debit cards

Pricing¹⁵

Checkout.com offers pricing structures to their customers that are:

• Fully Flat-Rate
• Free for Charities
• Simple Interchange++ Fees

These pricing structures are tailored to company inquiries, however, so we cannot give you a baseline.

12. Dwolla

Dwolla is a financial service that allows users to send, receive, and manage money securely online.

Key Features¹⁶

• Developer-friendly API
• Use multiple funds flows and payment methods
• Highly scalable platform without payment interruption
• Both API technology and human support
• Over 10 years of experience as a trusted A2A payment provider

Pricing¹⁷

Dwolla offers two pricing plans for their services:

• Connect
• Premium Support

However, the pricing for these plans is not readily available to the public.

13. CyberSource

CyberSource is a financial service that provides secure and reliable electronic payment solutions for businesses of all sizes.¹⁸

Key Features

Cybersources allows customers to pay via

• Online options, like
• Debit and credit cards
• Apple Pay
• PayPal
• Visa Click to Pay
• Point of Sale (in-person credit and debit card)
• Billing subscription
• Phone orders
• E-check

They also offer

• Advanced fraud protection
• Customer data security
• Automatic monthly updates to card information
• Invoicing

Pricing

Cybersource has not made its pricing structure available to the general public.

See the Best Banks for Small Businesses >>

14. Payoneer

Payoneer is a global financial service company that enables businesses and individuals to send and receive payments in over 200 countries and regions.

Key Features¹⁹

• Request payments overseas
• Create local receiving accounts
• Seamless marketplace integrations with 2,000 marketplaces, networks, and platforms
• Accept credit card payments on your personal website
• 0% currency conversion fees on USD and EUR transactions

Pricing²⁰

Feature	Cost
Get Paid by Another Payoneer Customer	Free (in most currencies)
Get Paid via Credit Card	3%
Get Paid via ACH Bank Debits	1%
Get Paid by Marketplaces or Networks	Set by marketplaces and networks
Get Paid via Receiving Accounts	Free (in most currencies) May be subject to a minimum fee

15. Zettle

Zettle is PayPal’s point-of-sale solution that enables businesses of all sizes to accept in-person payments securely and efficiently.

Key Features²¹

Zettle allows customers to make payments through POS systems like

• Contactless phone payments
• Flexible card readers
• All-in-one terminals

Pricing²²

Feature	Cost
Card Reader	$29 for first $79/reader after
Terminal	$199-$239
Card-present Transactions	2.29% + $0.09/transaction
Manual Card Entry Transactions	3.49% + $0.09/transaction
QR Code Transactions	2.29% + $0.09/transaction
Invoicing (PayPal Payments)	3.49% + $0.49/transaction
Invoicing (Cards and Alternative Payment Methods)	2.99% + $0.49/transaction

16. PayU

PayU is a digital financial service that provides secure and convenient online payments for businesses and consumers.

Key Features²³

PayU is an exciting new platform that is currently based predominantly in India. While they have not branched out to the U.S. yet, we’ll give you an overview of their features and pricing should you find use for their services:

• Over 150 payment modes, including
• Credit card
• Debit card
• Net banking
• EMLs
• BNPL
• UPI
• Accepts international payments
• Affordable options to fuel business growth
• High industry success rates
• One-click payments
• Send refunds within five minutes of a request being made
• Automated payment collection
• Customized subscription plans for customers

Pricing²⁴

Feature	Cost
Visa, Mastercard, Net Banking, BNPL, and Wallets Transactions	2%
Diners, American Express, EMI, and International Transactions	3%
Business Plus Plan	₹1,121
Business Premium Plan	₹1,770

17. GoCardless

GoCardless is a secure and reliable online payment platform that allows businesses to easily collect recurring payments from customers.

Key Features²⁵

• Two-minute online setup process for payments

• Transparent pricing for customers

• Email notifications on pricing changes or charges

• Automated to prevent forgetfulness or hassle

• Fully protected payments for customers

• Offering no transaction fees for the first 90 days

Pricing²⁶

GoCardless offers three pricing plans:

Plan	Cost
Standard	0.5% +$0.05/transaction, capped at $5 \
$5 1.5% + $0.05/international transaction
Advanced	0.75% + $0.05/transaction, capped at $6.25 \
25 1.75% + $0.05/international transaction
Pro	0.9% + $0.05/transaction, capped at $7 \
$7 1.9% + $0.05/international transaction

You can also opt-in for customization options that are not included, which will cost you an additional $25-$75.

18. Klarna

Klarna for business is a financial service that offers flexible payment options and streamlined checkout processes for businesses.²⁷

Key Features

• Buy now pay later products

• Pay in 4

• Pay in 30 days

• Financing

• Partnership marketing

• Suitable and adaptable to businesses of all sizes

• Increases average order value and conversions

• Attracts new customers

Pricing

Klarna has not made their pricing structure available to the general public. However, they make sure users know that their solutions are tailored to businesses either above or below $3 million in sales.

19. BitPay

BitPay is a global payment platform that enables businesses and individuals to send, receive, and store digital currencies.

Key Features²⁸

• Cash settlements
• Irreversible crypto payments to eliminate fraud chargebacks
• Accept over 100 crypto wallets
• Over 16 coins (including Lightning Network payments)
• Flexibility in channels
• Minimal fees
• Network of 229 countries and territories

Pricing²⁹

Feature	Cost
Minimum Transaction Fee	1% + $0.25
Monthly Transaction Fee (for amount <$500,000)	2% + $0.25
Monthly Transaction Fee (for amount $500,000-$999,999)	1.5% + $0.25
Monthly Transaction Fee (for amount greater or equal $1,000,000)	1% + $0.25

20. Worldpay

Worldpay is a global financial service that provides payment processing solutions for businesses of all sizes.³⁰

Key Features

• Constant support
• Make payments easy and improve your customer experience
• Customer payment protection
• Easy-to-use systems and tools

Pricing

Worldpay has not made its pricing structure available to the general public.

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Sources used :

1. Square
2. Cards | Adyen Docs
3. Pricing - Full list of prices for supported payment methods - Adyen
4. Implementing Apple Pay - Apple Developer
5. Payment processing: Accept payments anywhere | Authorize.net
6. Merchant account fees and payment gateway pricing | Authorize.net
7. Accept Payments Online and In-Store | PayPal US
8. Pricing and Fees | Business Account | PayPal US
9. Pricing | Braintree Payments
10. Pricing | 2Checkout
11. Helcim: Affordable Payments For Your Business
12. Payment Processing for Small to Medium Businesses | Amazon Pay - …
13. Payment Gateway for Platforms | WePay, a Chase Company
14. Accept Payments Online with Checkout.com - Global Payment …
15. Checkout.com - Refreshingly, transparent pricing
16. Dwolla | Powering Innovations With Modern A2A Payment Solutions
17. Account to Account Payment Solution Pricing | Dwolla Pricing
18. Small business payment solutions | Cybersource
19. Cross-border Business Payment Account - Payoneer
20. Low fees and no hidden costs - Payoneer Fees
21. Point of Sale System | POS System | PayPal Zettle US | PayPal US
22. POS Pricing and Fees | PayPal Zettle US | PayPal US
23. Payment Gateway - PayU
24. Pricing - PayU
25. Recurring payments made easy | GoCardless
26. Pricing | GoCardless
27. Klarna for business | Klarna US
28. Accept Bitcoin Payments with the #1 Crypto Payments Processor | BitPay
29. BitPay Pricing - Simple pricing for all businesses
30. Small Business Payment Processing Solutions | Worldpay from FIS

Sources last checked on 9-January 2024.