As a small business owner, I understand how crucial it is to have reliable payment processors for small business owners that can handle transactions efficiently. Choosing the right payment processor can significantly impact cash flow, customer satisfaction, and overall business operations.
In this article, I’ll share my top 23 payment processors that cater specifically to small businesses. Each of these options offers unique features and benefits designed to meet various needs, from ease of use to competitive fees. Whether you’re just starting out or looking to upgrade your payment systems, this guide will help you make an informed decision. Let’s explore the best options available!
1. Square

Square is a financial service and digital payment company that was launched back in 2010. Originally based in San Francisco, this is a payment processing platform that was established to provide small businesses with an easy-to-use payment acceptance process.
This highly innovative company allows businesses to facilitate credit card payment with ease, while also synching their business accounts, payments and cash flow. Moreover, Square ensures both in-person and online payments are being accepted in the most secure manner. It is one of the best payment processors for small business owners.
2. Authorize.net
Authorize.net is a massive payment processing company that comes with an array of features that makes payment acceptance quite easy for small businesses.
Firstly, using Authorize.net, you can offer your customer multiple payment options, from which they can choose whichever one is convenient for them. Additionally, it offers you tools to manage your billing and allows you to accept electronic checks as well.
3. Stripe

Stripe is one of the best online payment processors out there for internet-based small businesses. From Fortune 500 companies to startups, Stripe is an outstanding option for accepting online payments for any business.
Alongside using Stripe’s software to accept payments, you can also send payouts and manage your business online with Stripe.
Check out this article about the difference between Payment Gateway and Payment Processor.
4. Adyen
Adyen is an e-commerce company that works as a payment processor for some of the biggest companies in the world. Using Adeyn, you can get end-to-end payments, data and financial management, all in one solution.
Adyen’s payment processing tools will help you to accept payments with ease and expand you business rapidly. Furthermore, you can protect your revenue and control your finances with Adyen.
5. Verifone
Verifone, a huge multinational company that is headquartered in the state of Florida, is one of America’s most well-known payment processors in the country. Whether you are looking to accept payments in-store, online or on-app, Verifone has you covered.
Its end-to-end payment solutions make payment acceptance simple and its advanced payment methods help you to accept payments through unique payment options like PayPal or any cryptocurrency, giving customers an array of payment options.
6. WePay
WePay is a renowned online payments service provider that provides tools for small businesses to maintain their payments and financial data quite straightforward.
Its powerful API used for payment acceptance is powered by JPMorgan Chase and offers risk-free, completely secure payment processing options. Additionally, WePay has integrated payments for any business model.
7. Trust Payments
Trust Payments offers its clients payment processing services with trust and simplicity. Trust Payments provides converged commerce, one single platform to accept payments online, in-store or in-app.
Furthermore, its single API allows frictionless onboarding, top-notch security and flexibility. On top of all that, Trust Payments provides 24/7 world-class customer service.
8. Payoneer

For small businesses looking to expand fast and offer services globally, Payoneer is one of the best options on this list. Payoneer’s cross-border payment platform facilitates payment transactions on a global scale.
Additionally, its global payment acceptance facilities can help upgrade their digital marketing to another level. Merchants using Payoneer can easily accept payments from clients and marketplaces outside the country they are operating in.
9. Braintree
Braintree is a financial service provider company that specializes in web-based payment systems, as well as, mobile payment platforms. Using a global payment processor like Braintree, businesses can easily expand and boost their revenues at a rapid speed.
Alongside accepting credit and debit card payments, Braintree will also allow your customers to pay using PayPal, Venmo(in the US). Moreover, Braintree can also accept payments from renowned digital wallets, Apple Pay and Google Pay.
10. BlueSnap
BlueSnap understands how the payment acceptance process of a business can impact the overall growth of the business itself. That is why, BlueSnap offers a single connection to global banks and intelligent payment routes, helping increase authorization rates.
Furthermore, using BlueSnap, you can provide your customers with 100+ payment types and eWallets. Most importantly, Bluesnap plans to reduce your costs and increase your sales with its all-in-one payment platform.
11. Boku
Boku is the largest mobile payments network in the world. Currently, it is involved in facilitating mobile payments from massive global brands like Google, Facebook, Spotify and more.
However, its fast and secure payment processing methods make Boku an excellent choice for small businesses as well. Especially those small businesses which prefer mobile-first payments. Boku allows you to accept payments from millions of customers through a single connection that stretches globally.
12. PayPal
PayPal is one of the most widely-used and well-known payment service providers in the world. PayPal, a financial technology company, offers one of the most flexible options in the payment industry.
Business can accept payments using credit cards, debit cards, Venmo, PayPal and various other options. It is not only great for accepting online payments but also suitable for accepting in-store and on-the-go payments as well. Importantly, when you are using PayPal, it manages the risks related to payments for you.
13. CardConnect
If you are starting a small business and to accept payments safely and securely, then CardConnect is the payment processor for you. Its award-winning payment integration system offers payment options for software, SMBs, businesses and many other types of merchants.
Moreover, being a leading credit card processor, CardConnect can ensure businesses meet the unique payment needs of their customers.
14. Flagship Merchant Services
Flagship is a payment processor platform that offers online, in-store and mobile payment acceptance services. If you want to set up digital payment services in your stores for customers to pay with ease, or offer payment solutions on the go, Flagship will allow you to do both of these.
Additionally, it will connect your business to e-commerce and Virtual Terminals solutions, so you can accept payment on your website as well.
15. Gravity Payments
Gravity Payments is one of the most reliable names in the payment platforms industry that ensures you can accept payments anywhere, anytime. Firstly, Gravity Payments provides top-class payment processing methods, that include receiving payments from mobile, credit & debit cards and online.
Moreover, its POS integrations make credit card processing simple and efficient. Additionally, Gravity’s merchant services include a range of programs and services designed to help small businesses grow.
16. FuturePay
FuturePay is a digital payment method that offers its customers an easy and reliable way to shop more often. FuturePay’s MyTap allows businesses efficiently increase customer lifetime value, because this feature allows them to make multiple purchases through a single application.
What is even more intriguing is that, FuturePay’s MyTap can help small businesses attract even more customers due to its simplicity.
17. Affirm
Affirm is a financial company that provides flexible payment services for businesses. Affirm’s unique programs can reduce cost by removing price barriers and eventually lead to increase in average order value.
Firstly, it offers merchants tailored programs, using which they boost revenue and capture more customers. Moreover, its premium networks can help businesses open-up more high-intent shoppers through its apps, social channels, emails and websites.
18. Partial.ly
Partial.ly offers flexible payment plans with multiple payment options. Basically, Partial.ly is a payment platform that is full of amazing features which allow a business to manage numerous active payment plans with ease.
If you allow your customers to pay in their preferred way, then they will be happy customers, and we know, a happy customer is a returning customer. This can be made possible using Partial.ly.
19. PaymentCloud
PaymentCloud claims to be the best payment processor for small business. Based on their services and features, that seems like a valid claim. From offering advanced payment gateways of hundreds to integrations, PaymentCloud makes payments very flexible and straightforward for your customers.
Additionally, it provides modern fraud prevention tools to ensure merchants, their payments are being accepted securely. Plus, PaymentCloud’s side-by-side cost saving analysis, helps businesses choose the right terminals and POS systems for them.
20. Paynova
Paynova is an innovative IT service company that also operates as a payment processor. Paynova is a one-in-all payment solution for businesses that emphasizes making payments secure.
Its motto is “Feel Safe”, which allows businesses using Paynova to enhance their reliability massively. Furthermore, it also offers the pay later feature, which means customers making payments through Paynova can pay after delivery.
21. Payrexx
Payrexx is an e-commerce based company that claims to be the most straightforward payment processor in the world. Simplicity and efficiency are the primary focal point of this payment processor, as they try to make payment acceptance as easy as possible for merchants.
Not only does it allow businesses to expand globally, but Payrexx also helps businesses manage worldwide customer payments with ease. Moreover, Payrexx offers over 200+ payment methods that include PayPal, Apple Pay and many more.
22. PaySimple
PaySimple is a payment processor and online billing solution that provides online, in-person and mobile payment solutions. Just as its name suggests, PaySimple tries to make payment acceptance simple for merchants.
Additionally, it offers automated billing and customer marketing solutions, which will allow you to expand your business at a much faster rate.
23. Payline Data
Payline Data is a payment processor that offers tailored payment solutions which are ideal for your businesses. Offering an array of payment methods both online and in-person, businesses can choose terminals that are suitable for them.
Moreover, its Dashboard provides users reports to view key transactions and to keep track of them. Furthermore, businesses can integrate Payline’s payment solutions directly into their online shopping cart, making it one of the best payment processors for business owners.
The Payment processors mentioned above not only provide payment acceptance services for businesses, but they also help businesses keep track and maintain thousands of transactions with ease.
Moreover, their advanced tools can help you analyze certain payment models and develop your businesses at a faster rate.