WebFeb 2, 2024 · Most merchant services providing a mobile card reader offer rates similar to online payment processing systems. Many charge no … The general features that we considered essential for a merchant account service provider to have include a reporting dashboard, invoicing, data exports, contactless payments and integrations with third-party software. General features accounted for 20% of our weighted scoring. See more For pricing, the most important aspect we looked for was a transparent fee structure, such as for keyed transactions; swipe, chip or tap transactions; and online transactions. We also looked at other fees, such as subscription … See more Some advanced features we looked for include offering fast deposits, Payment Card Industry (PCI) compliance, a variety of customer support options, such as live chat, blog, phone … See more Finally, our experts took everything discussed above into consideration, looking specifically at a provider’s popularity and any stand-out functionality it offered, to come up … See more How others viewed each merchant account service provider also played a part in our rankings. We turned to third-party review sites, including the Better Business Bureau (BBB), Trustpilot and Capterra, and looked … See more
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