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Online Credit Card Processing

Our Top Picks for The Best Online Credit Card Processing

  1. Easy Pay Direct
  2. eMerchantBroker
  3. PaymentCloud
  4. Helcim
  5. Mynt POS

1. Easy Pay Direct

You can use Easy Pay Direct if you run an online business or a risky business. EPD makes choosing a merchant processor easy. They will take the time to get to know you and your business's individual needs. EPD is clean cut, intuitive, and powerful. By choosing EPD you can rest assured that your business is in good hands. Join 60,000 merchants today and choose Easy Pay Direct.

2. eMerchantBroker

EMB is a full-service firm that specializes in high risk businesses such as banks. They consider themselves to be high risk merchant account specialists. EMB does everything it can to stay ahead of its competitor's prices. They can even get you approved for a merchant account in as little as 24-48 hours. If your business has unique needs, EMB is the unique solution.

3. PaymentCloud

With PaymentCloud getting started to accept payments online is a breeze with their simple online applications. PaymentCloud can allow you to accept payments online no matter the location of your consumers. By accepting payments online you can have access to your money much faster than other modes of processing. The application process for an online account with PaymentCloud is only a 5 minute long process.

4. Helcim

Helcim is there for you to feel good about your payments. They offer 100% transparent pricing in order to save you money. With just one Helcim account you get access to all of the tools you need to process payments. When your business wins, Helcim believes they win. When working with Helcim there are absolutely no hidden monthly fees and there are no penalties for canceling your account at any time.

5. Mynt POS

Mynt has everything you need for your point of sale. No matter your business Mynt will provide you with the tools you need for success. Their software allows for smooth transaction processing, inventory tracking, report generation, and so much more. Every Mynt subscription comes with a life time warranty along with free support whenever you need it. With Mynt you will be able to accept all payment types.

Having the ability to process credit cards online broadens the possibilities for your company. You will no longer be required to be physically present or to accept payment in person. There is no reason for anyone to come into your store to make a purchase or make a payment. While online credit card processing can be beneficial to your business, there are some risks associated with its use.

The risk of fraud rises with each card-not-present transaction. Individuals who do not present a credit card at a store are a significant reason why businesses are classified as "high risk." To process credit cards and accept online payments, you must first open a merchant account. Because not all merchant account providers are willing to work with high-risk businesses, you must proceed with caution.

A merchant account is required to process and accept payments made with credit, debit, check, online, or mobile money. This account functions similarly to a bank account in terms of cashless payments. You must select the appropriate merchant account for your online credit card processing.

Choose one who is familiar with high-risk businesses and, if possible, is already familiar with your business model.

What is Online Credit Card Processing?

Credit card transactions can be processed online using a payment gateway. This is referred to as "online credit card processing." They are also referred to as "card-not-present payments," but that is not the only term for them.

A merchant account provider sets up a payment gateway for online businesses, allowing them to process credit card transactions over the internet. This enables them to do so.

Despite the fact that most people use payment gateways on a daily basis, they are unaware of it. A payment gateway is used every time you enter your credit card information into an ecommerce store.

Why Would I Want Online Credit Card Processing?

Any company that wants to overcome the limitations of only operating from a physical location must provide online credit card processing. This means you can sell your products and services both online and in person at a physical location.

Accepting credit cards online is a convenient way to earn money whether you sell physical goods, services, or digital goods. There are numerous advantages to selling items online.

Increased Sales

Even if you don't sell anything on your website, you can still allow customers to book tickets, make reservations, and pay for items through a payment gateway. A payment gateway should accept all major credit and debit cards, including Visa, MasterCard, Discover, and American Express, as well as cash transactions.

Additionally, your payment gateway can be set up to accept gift cards and shopping apps like Apple Wallet or Google Pay. To ensure that you are paid on time, make it as simple as possible for your customers to pay you. This will also help you gain more business.

This is why an online payment gateway is required. It can save a customer's credit card information, which simplifies the process of repeat sales or recurring payments and increases your revenue.

Digital Recording

Individuals are not required to keep track of payments, refunds, or other financial information. This simplifies the process of tracking money and recording income when it comes time to pay taxes.

By going digital, you eliminate the need to print paper receipts and send payment reminders. This saves the business owner both time and money.

Analytics and Reporting

One of the best aspects of online transactions is how much information can be gathered with a single click. This is what makes them so great. Individuals who work for a variety of merchant account providers have access to tools that allow them to analyze data. Many people buy items because they understand their customers and their needs. This information can help you determine that even further.

Potential Risks

There are numerous benefits to online credit card processing, but there are also some drawbacks. Accepting online payments puts you at a higher risk of fraud, disputed charges, and chargebacks. Doing business online also puts your company at "high risk." For the vast majority of businesses, the advantages of going online far outweigh the risks.

Types of Online Credit Card Processing

For businesses to accept cashless payments, such as online credit cards, a merchant account provider is required. All cashless transactions are handled through a merchant account. Checks, credit cards, debit cards, as well as online and mobile debit cards, are all examples of this. They also allow you to accept gift cards and gift certificates as gifts.

A merchant account gives businesses access to a payment gateway, allowing them to accept online payments. You can access the payment gateway through your company's website.

Furthermore, merchant accounts can provide physical equipment such as point-of-sale systems, credit card terminals, and virtual terminals that you can configure on your tablet or mobile device. There are two ways to set up your online credit card processing, and both work.

Merchant Account Provider

Create a merchant account for your company in collaboration with a merchant account provider. Many merchant accounts adhere to PCI compliance and use the Triple Data Encryption Standard (3DES). Increasing security reduces the likelihood of fraud and chargebacks. This level of security is critical for businesses that must protect customer information when it is entered online.

A merchant account can also help reduce the likelihood of chargebacks. This can be accomplished by contacting the company when a customer claims they did not pay. After that, the company can contact you and offer you a refund or replacement.

Payment Aggregator

This is also known as a third-party payment processor. It can also process cashless payments made by a business, such as credit cards. Square, Stripe, and Paypal are all payment aggregators. They charge a flat fee per transaction and can quickly get businesses up and running with these well-known services. A payment aggregator, on the other hand, is not a merchant account dedicated to that business and thus does not operate in isolation.

Rather, other businesses share the merchant account with the business's owner. They are simple to set up and use for new businesses, but have a high chargeback, refund, and disputed charge threshold.

As a result, they are less appealing to new businesses. A high-risk business's account may be frozen or shut down, which will have a negative impact on their business.

What’s the Difference Between Merchant Accounts and Payment Aggregators?

Both a merchant account provider and a payment aggregator will allow you to get started accepting To start accepting credit cards and online payments, you'll need a merchant account service provider and a payment service provider. However, there are some important distinctions between the two that you should be aware of before deciding on one.


Payment aggregators are simple to set up and can obtain funds almost immediately. In general, it takes two to five days to set up a merchant account, but it is possible to do so quickly.

Transaction Rates

A payment aggregator charges a flat fee. This can result in higher transaction fees. The fees associated with a merchant account will vary depending on the type of transaction. This could result in lower rates for certain types of transactions, allowing individuals to save money.

What Businesses Should Work with Payment Aggregators?

For new businesses or businesses that do not do a lot of business, it may be best to use a payment aggregator. A merchant account is typically preferred for businesses that conduct a high volume of business or face a high level of risk. A dedicated merchant account is more attentive to your needs and can help you avoid chargebacks and fraud.

Things to Consider Before Selecting an Online Credit Card Processing Service


When customers enter financial information online, it is critical that their information is secure. These security features should be included in merchant account providers' online transactions.

  • Triple Data Encryption Standard (3DES) - It has three keys rather than one.
  • Point-to-Point Encryption (P2PE) - It ensures that data is never stolen or leaked from the point of transaction to the point where funds are transferred to the merchant account.
  • Tokenization - It encrypts credit card data so that it cannot be used even if it is stolen.


Every time you make a purchase, you will almost always be charged a fee. Typically, a payment aggregator charges the same fee for all transactions. This is referred to as a flat rate. If you use a merchant account, the transaction fee will be different each time. Fees that you may be required to pay:

  • Early termination fees
  • Annual fees
  • Set up fee
  • PCI compliance fee
  • Statement fees

Payment aggregators may be less expensive in some cases if you do not intend to earn a lot of money. Merchant account providers can help you get lower rates than payment aggregators. Before you sign up, make sure you are aware of all possible fees. Fees vary depending on the type of account.

Ease of Use

If you want to start selling online, you don't want to be held back by issues with your merchant account. Look for a merchant account provider that provides a quick setup process as well as live customer support 24 hours a day, seven days a week.

Online shopping can take place at any time of day or night, and you never know when something will go wrong. Ascertain that the account provider you're working with is responsive and as invested in your business as you are. This is a more appropriate phrase.

Physical Equipment

Is your company entirely online, or will physical tools be required? Determine the type of equipment you'll need to buy or rent through your merchant account if you need a point-of-sale system.

Experience with High Risk Businesses

It makes no difference if you believe your business is risky. Banks and credit card companies are both of the same mind. When choosing an online credit card processor for your business, make sure the processor has experience with or a specialization in high-risk businesses.

Individuals who are familiar with your business model will be able to work around your specific requirements. They may be able to help you reduce the likelihood of fraud and chargebacks in your system, allowing you to earn money online and earn money.

How to Choose the Best Online Credit Card Processor For Your Needs

Customers' online credit card payments are critical for any type of business. It doesn't matter if you're a brick-and-mortar company looking to expand online or an entirely online company. To begin, consider your company's needs.

The Needs of a High Risk Business

Any online merchant that accepts credit cards is considered high-risk. Certain merchant accounts are not suitable for high-risk businesses. They will charge an additional fee for the service if they do. Depending on your product and expected transaction volume, you may want to select a merchant account that specializes in high-risk industries.

Avoiding fraud and chargebacks can be made easier with the help of a merchant account provider who understands your business. None of them will prevent you from running a large number of sales or special offers. Check for hidden fees, such as early termination fees, and make sure that the transaction rates are reasonable for the service you're getting.

To run a successful online business, you should always expect to receive assistance from live people. If you need to get started quickly and do not expect to make a lot of money, you could also use payment aggregators.

Many businesses will benefit from working with a merchant account provider who can set up a separate account for them. If you run a large business, this is a more secure option that may be less expensive.

Additional Tips & Considerations

Be Prepared for the Application Process

Individuals who want to get approval as soon as possible should gather all necessary information before applying. At the very least, this will include the following:

  • Type of business
  • Financial and/or bank statements
  • Estimated Annual Sales
  • Business URL
  • Highest Transaction Amount

Update Your Business Website

You must have a business website in order to accept online payments. Because your website will host your payment gateway, customers will be able to enter their credit card information on it. To begin, you must have your own website in order to add a payment gateway. This will make things easier for you once you've received approval.

Final Thoughts

If you want to grow your company, you must first go online. It is critical to take your time and make the best decision you can. Individuals who do not do a lot of business may benefit from using a payment aggregator. Individuals who do a lot of business might benefit from a dedicated merchant account. When you're ready, set up a merchant account.

These are the ones we like the best:

  1. Easy Pay Direct
  2. eMerchantBroker
  3. PaymentCloud
  4. Helcim
  5. Mynt POS

Merchant Accounts

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