Card processing validating credit cards

28-Dec-2019 21:41

” And our answer is always the same: “It depends.”There is no simple answer to this question.

But over the years we’ve found that there are some good guidelines to follow, and by using these guidelines we’ve created this short list of the best small business credit card processing companies, whittling down the field of providers to a manageable number.

Some credit card processing companies only give you barebones service, but they do so at rock-bottom prices. The cheapest credit card processor isn’t always the best. It’s important to determine the value of a merchant account to your particular business needs.

Others charge a bit more, but provide valuable software as part of the service. The topic of credit card processing fees is way too broad for us to cover completely in this post, but if you’re interested we have an in-depth resource that explains everything you could ever want to know about card payment processing rates and fees.

We tolerate high-pressure sales tactics or long-term commitments.

Some salespeople will say anything to get you to sign the dotted line — and then will force you to pay hundreds or thousands of dollars when the company doesn’t live up to its promises.

That’s why we insist that our featured merchant account providers use a pricing system that separates wholesale from markup cost (interchange-plus, aka “pass-through” pricing).

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It’s hard to make superlative claims in an industry this large, but we truly believe these merchant services providers are the best around, especially when it comes to setting up accounts online and over the phone.

We carefully consider every complaint we find to figure out what went wrong.