Merchant services make it easier for businesses to accept debit and credit card payments. Your merchant service provider will help you set up a merchant account and provide access to payment processing tools including point-of-sale (POS) systems, virtual terminals, card readers, and payment gateways. Pricing models include interchange-plus pricing, subscription or membership, and additional merchant tools.
The best merchant service providers deliver an array of flexible payment solutions for online and in-person transactions. You can expect highly competitive rates, monthly contracts with no cancellation fees.
2022 Best Retail Merchant Account Providers
Dharma Merchant Services
Dharma Merchant Services offers competitive pricing and flexibility to their merchant customers. Here you won’t pay for little things like PCI Compliance or even batch fees. Interchange-Plus pricing, subscription pricing, a surcharging model, and excellent customer service have made Dharma one of the best-of-the-best in the payment industry and put them ahead of many competitors. Dharma also has some of the lowest costs on terminals and POS Systems in the entire industry and is always 100% transparent. If you process more than $10,000 per month Dharma could be the keeper you’ve been looking for.
Payment Cloud is an excellent choice for both retail, E-commerce, and high-risk merchant accounts. They also have a nice selection of EMV terminals and POS systems or if you have a POS register that you’re attached to they can always reprogram it for you. Although Payment Cloud doesn’t show pricing on their website, they do offer no setup, no cancellation fee, wholesale pricing, and next-day funding. With great customer care included, Payment Cloud may very well be the right processor for your business.