Equipment

Compare Equipment

Square

Equipment: Card reader: $0 to $59; Stand, Terminal, and Register available for purchase

Pros:

No monthly or annual fee
Free swipe card reader
Low, predictable fixed rates

Cons:

Flat-rate pricing can be expensive for larger businesses
Costly add-on services

Our Review: (3.9) Explore a thorough review of Square's cost, security, and benefits for businesses. Find out if it's the right choice for you... Read full review

Payment Depot

Equipment: POS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing

Pros:

Affordable membership pricing
Cancel anytime

Cons:

Not ideal for small businesses
Equipment return fee

Our Review: (4.0) Is Payment Depot the best merchant service provider for your business? See how it compares to credit card processors... Read full review

Stax by fattmerchant

Equipment: POS (EMV, Magstripe, Contactless, NFC), Mobile Payment Processing, Online Processing

Pros:

Flat monthly subscription fee, starting at $99
0% markup on Interchange
No long-term contract

Cons:

Extra add-on fees
Not for low-volume businesses

Our Review: (4.3) Stax Payments can save you up to 40% on credit card processing fees. But what's the catch? Read this review to find out... Read full review

Helcim

Equipment: $99 for Helcim Card Reader; $329 for Helcim Smart Terminal

Pros:

Volume discounts
No monthly fees
Excellent merchant tools
Good customer service

Cons:

Only 2 equipment options
Not for high-risk businesses

Our Review: (3.8) Helcim is a top-rated merchant account provider for customer service. It offers interchange-plus pricing with volume discounts. Is it right for you?... Read full review

PaymentCloud

Equipment: Available through third-party providers (Clover, Dejavoo, etc.)

Pros:

Supports up to 3% chargeback ratio
Customized payment solutions
Dedicated account manager

Cons:

Underwriting process
No disclosed fees
Potential long-term contract

Our Review: (4.0) Find out the true value of PaymentCloud for merchants (including high risk businesses). Read the pros and cons before you commit... Read full review

Authorize.net

Equipment: Supported Card Reader Required; Virtual Terminal Available

CDG Commerce

Equipment: POS (EMV, Magstripe, Contactless, NFC), Mobile Payment Processing, Online Processing

Clover

Equipment: Card reader: $199; Terminal and POS available for purchase

Dharma

Equipment: POS (EMV Chip & PIN, Chip & Signature, Contactless, NFC, Magstripe), Mobile Payment Processing, Virtual Terminal

National Processing

Equipment: Card readers, terminals, and POS systems from Clover, SwipeSimple, Dejavoo, and Verifone; Mobile processing; Online gateway; ACH payments

Pros:

No long-term contracts
Free equipment available
No monthly minimums

Cons:

Conditions to waive termination fee
Pricey with larger sales

Our Review: (3.7) National Processing offers lower processing rates than other flat-rate processors like Square. But what's the catch? Read on... Read full review

Payanywhere

Equipment: 3-in-1 card reader: $59.95; Terminal and POS available for purchase

PayJunction

Equipment: POS (EMV, Magstripe, Contactless, NFC), Mobile Payment Processing, ACH Payments, Recurring Billing, Online Processing

Payline

Equipment: POS (EMV Chip & PIN, Magstripe, NFC/contactless), Mobile Payment Processing, Subscription Billing, ACH Payments, Online Processing

Pros:

User-friendly interface
Transparent interchange-plus pricing model

Cons:

Monthly fee
$25 monthly minimum processing requirement

Our Review: (4.0) Payline Data offers merchant services but can it help your business? Find out how the fees compare to processors like Square... Read full review

PayPal

Equipment: Card reader: $29 ($79 each for additional readers); Terminal: starts at $199; Printers and Accessories available for purchase

QuickBooks

Equipment: $49 card reader

Pros:

Easy to use
Works well with 3rd party apps
Invoicing

Cons:

No project management
Requires internet

Our Review: (3.7) QuickBooks Online offers small business owners a cloud-based accounting program that provides many features, including business payments, income, and reporting... Read full review