Homeecommerce platforms20 Best Ecommerce Credit Card processors in 2023

20 Best Ecommerce Credit Card processors in 2023

One thing we know about e-commerce is that we know that it is about selling products but it also about payments as well. It is a fact that selling is the main aim for any e-commerce business but it is also important that the customers do not face any problems while processing their orders.

You might also know that customers now love to use their credit cards and it is also important that you have the ability to accept contactless payments via credit cards because those convert very well. For that reason, Credit Card processing companies exist because we know that card payment needs to have a payment gateway.

Talking about credit card and credit card processing companies, we know there are a few things you need to keep in mind before selecting any processing company for credit card payments. It must be noted that not every credit card processing company is the same and every company differs in their transaction fees and other things. There are also companies like Jelvix – financial software development services that offer top notch customized fintech services.

This is the reason why we are here to tell you about the 20 Best Credit Card processing companies that you can definitely use for your e-commerce store. Before that, you might need to know some persistent questions regarding payment processing companies that we have discussed below:

Do you need to signup for credit card processing companies before completing the transaction?

No, it is generally seen that almost every credit card processing company does not require sign-up and you can complete the transaction with ease.

Will credit card processing companies store your card details for the future?

No, this is definitely not the case and credit card companies are not allowed to store your card details by default. However, they do offer you the option to save details for the future and it is up to you if you want to allow them to store your data.

Do you have to pay extra for completing your transactions through credit card processing companies?

As far as a consumer is concerned, you do not have to pay any transaction fee and what you will have to pay is the total price of the product only.

However, if you are a merchant then credit card processing companies do have transaction fees based on each transaction processed and it depends on the companies.

Now that we have answered some important questions, we will get on with the list of 20 Best e-commerce credit card processing companies in 2022 and you can make a decision as to which company you would like to integrate on your e-commerce store.

20 Best Ecommerce Credit Card processors in 2022

1. Square

Square payments
Square payments

Square is one of the best, if not the best, e-commerce credit card processors in 2022 and it is also owned by Twitter which means it comes with a big reputation as well.

Square accepts all kinds of payments from different credit card types such as Visa, Mastercard, American Express, Discover, JCB, and UnionPay among others.

The best part about Square is that it does not have hidden fees or long-term commitments so that you can add or remove the processor whenever you want.

Square has a flat-rate pricing model which is 2.90% of the total transaction along with $0.30 per transaction for online stores.

2. FattMerchant


FattMerchant is a great credit card processing company and the best part is that it is suitable for most sizes of e-commerce businesses right down to higher-volume businesses too that need a la carte services.

One thing that you will notice is different from Square with FattMerchant is that this service does have a signup cost which is not there for Square.

With FattMerchant, you do have to pay $99 or more depending on the size of your business and transactions that you plan to carry out.

Also, FattMerchant does also have fees based on the transaction but they vary based on your business size and there is no flat rate for every business.

3. Stripe

Stripe payments
Stripe payments

Even though we have Square as well as FattMerchant, Stripe is said to be the best credit card payment processor for e-commerce and there is a good reason for that as well.

Stripe has been used by large organizations such as Microsoft, Salesforce, Zillow, Slack, Expedia, and Spotify for their online and offline stores.

This means that you are guaranteed to get the best support both in terms of sales as well as reliability because you would assume that these companies would have already left if their services were not good.

Same as Square, Stripe also has processing charges fixed at 2.9% + $0.30 per transaction. However, you do get the Stripe API for integrating the services inside your custom store with the help of a developer.

4. Dharma Merchant Services

Dharma merchant services
Dharma merchant services

We are sure that not many of you would have heard of the name Dharma Merchant Services before but if you are reading this, it is worth noting that they are a great authority in the field of e-commerce credit card payment processing.

The main reason why Dharma has been so great is that they don’t offer too many services but rather niche down to services that are needed the most for B2B customers.

Dharma Merchant Services also give you a special incentive which is that you will be able to save more money if your transaction size exceeds $100k per month which is a standard for high-volume e-commerce stores.

Dharma also does not have long term contracts and you will also get a 24-hour tech support service as well as loads of features such as online reporting and customer payment links as well as many others.

5. Helcim


Helcim is one of the best e-commerce credit card processing companies if you are running a small e-commerce business that does not have huge transaction sizes.

It is possible that your store might not qualify for the credit card processing companies mentioned above. But you still need to integrate credit card processors so that customers can pay on your store with ease.

In that case, Helcim is your best bet because not only does it give options for small businesses but it helps you in selling online or over the phone or sending invoices to your customers as well.

As far as Helcim’s features are concerned, it offers volume discounts, deposits in 1-2 business days, and no extra fees for PCI. On top of that, if there is a chargeback from any customer than the fees are just $15 for that transaction which costs a lot with other services.

In addition, Helcim does not charge based on the number of transactions but it has a flat rate of $20 per month to use their services.

6. Payment Depot

Payment Depot
Payment Depot

Next up is Payment Depot and as we have mentioned earlier, each one of these services offers a new feature or has lowered their pricing so that end customers benefit from the same.

We know that the problem for high-volume merchants is that the charges per transaction from services such as Stripe or Square are just too much so we have Payment Depot.

This service offers you the ability to integrate credit card processors for as low as $0.05 per transaction while the basic membership for this platform starts at just $49 per month.

7. Amazon Pay

Amazon Pay
Amazon Pay

Amazon is one of the best e-commerce platforms out there and it is a great way to start your online shop as well. However, we do know that people who want to start their own business would not prefer Amazon because of its cuts.

On the other hand, we have Amazon Pay which is a payment service from Amazon which is available to everyone out there even if they use Amazon or not. This is similar to other credit card processing companies but with a huge brand name such as Amazon.

As far as Amazon Pay’s services are concerned, they are excellent as you would expect as well. It is said to be one of the best credit card processors and without any monthly or annual fees, it is a great option for anyone.

One problem with Amazon Pay is that it takes almost 5 days for the funds to get processed into your account which is a long time.

The charges for using Amazon Pay services are 2.9% per transaction which is standard across the industry and we feel that it is well worth spending that much to get higher conversions.

8. Shopify


We know that not many would consider Shopify to be just a credit card processing company and we agree, it is not just that. However, that does not mean it is not a credit card processing company as well because it is.

Shopify, as we all know, is a one-stop solution for all your business needs as it lets you host your online store as well as build it to your liking and take payments as well.

However, it also lets you use Shopify’s payment services to your own store as well. The company offers a credit card payment processing system along with a free 14-day trial period as well.

If you want to use Shopify’s payment service, you will have to select plans that start at $9 per month and a per-transaction fee of 2.9% plus 30 cents. Now, we know that 30 cents per transaction are additional compared to the likes of Amazon Pay, Stripe, and Square among others.

But it is worth noting that Shopify has the fastest processing speed for payments in the market so it might be worth paying those extra cents so that your payments are on-time and accurate.

9. Apple Pay

Apple Pay
Apple Pay

One thing to note is that Apple is a global brand and almost everyone in the US is using or has used an iPhone once in their lifetime.

Now, you would know that Apple Pay comes standard on Apple products which means that almost everyone having an iPhone would use the services.

And since we are talking about e-commerce, people using an iPhone are also more than likely to prefer Apple Pay payments for the stores which are very convenient for them rather than using a service that they don’t know about.

The best part of Apple Pay, which makes it one of the best if not the best, credit card payment processing service is that Apple does not charge anything to merchants who have integrated their payments service on stores.

10. Payline


Payline is also one of the leading e-commerce credit card processing services in 2022 and it is an independent sales organization meaning that no big tech company controls data of the platform.

The other advantages of Payline are that it has an easy to understand interface for merchants and the pricing plans are affordable as well.

Apart from that, Priceline provides support for low volume sellers by giving them unique plans which means they actually want people selling fewer products to integrate their services.

As far as pricing is concerned, Priceline provides two plans named as Start and Connect. For the Start plan, you will have access to their services at 0.2% per transaction plus 10 cents more along with a $10 monthly fee.

Along with the Start, the plan is the Connect plan which gives access to the services along with premium security features and integrations.

Payline also provides features such as PCI compliance as well as managing invoices which is great for high-risk merchants.

11. PayPal


At present, PayPal is one of the biggest payment processors in the globe. Since 1988, it has expanded drastically and has evolved to be one of the primary choices for eCommerce business owners across the world. In addition, it is affordable and is currently available in over 200 nations, thus becoming a popular eCommerce card processor in the world.

12. Merchant One

Merchant One

Your financial standing must not harm your chances of receiving a business loan and accepting payments through credit cards. Merchant One does not throw any kind of roadblocks in the way as it offers seamless credit card processing solutions and offers various POS and processing features. It does not matter if you accept payments in-store or online; Merchant One can be a powerful support for your business.

13. Payline Data

Payline Data

Payline Data is a very popular choice among the owners of eCommerce stores because of the presence of a seamless and hassle-free dashboard. It is easy to use and facilitates powerful functionalities. Also, it offers an online application that allows businesses to receive payments in the store. The best thing is that it facilitates the integration of 3rd party platforms such as QuickBooks, important accounting software for businesses.

14. Clover


The small business owners that receive and process online and in-store payments will require a credit card processor that possesses everything- powerful POS solutions and excellent processing rates. Clover checks both of the boxes and proves to be one of the best solutions for your business.

15. Due


Due is a complete package that offers you every service that you need and facilitates the eCommerce businesses in every aspect. Right from the whole billing up to the payment processes, it takes care of everything. It is excellent for companies, private businesses, and as well as for freelancers. It offers online invoicing and project management options. Digital agencies and private companies mostly make use of it.

16. Stax


Simple and fair pricing is offered by Stax and possesses a flat-rate pricing model. Its ability in sales analysis offers multiple features. Being an easy-to-use platform, it provides you with several features, therefore proving it to be the best credit card processor for small businesses.

17. Flagship Merchant Services

Flagship Merchant Services

If you own an eCommerce platform and it needs to process a massive number of transactions that are based on credit, making use of a credit card processor like Flagship Merchant Services is the best thing you can do. It facilitates flexibility. The best thing about this is that you do not need to get your business tied in with a long contract, and you can always continue monthly basis.

18. ProMerchant


ProMerchant works with businesses in industries that may possess high risk. It offers you 2 pricing models- interchange plus and fixed rates and gives the owners of the small businesses affordable rates based on the monthly sales. You may get in touch with the company to receive a quote.

19. Adyen


Since 2006, Adyen has had a powerful impact and provides over 250 payment options all through Europe, Asia, and North America. When it comes to eCommerce payment management, this is one of the best options that you can avail yourself of. While making it, every factor associated with the businesses has been kept in mind and is therefore very safe.

20. BitPay


In case you want to accept payment through Cryptocurrencies such as Bitcoin and Ripple, you can make use of Bitpay. It has been there since 2011 and has gained popularity amongst the merchants because of its easy-to-use nature and dynamic support for cryptocurrencies.

So these are all the best credit card processors in 2022 for your e-commerce store and we are sure that the pricing and processing fee for each platform will be taken into account when choosing their services.

However, we would like to tell you that cheaper is not better while a more premium-priced service also does not guarantee you success.

So it is best to try and see which service works best for you as we have seen that even the best service might not be suitable for your needs while the service which is not so popular might actually be great.

In other words, trial and error in choosing your e-commerce credit card processor is the best way.

Alf Alferez
Alf Alferez
Dedicated writer with a strong track record of developing customer loyalty and managing general office operations. Enjoy being a part of a company where my skills and creative ideas will benefit the overall productivity of the organization. I have a strong desire to work in helping make the world a better place. Please reach out to me on alf@ecommercenext.org

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