How To Add Chase Bank Merchant Services To Ecommerce

Opinions expressed here are the author's alone, not those of any banking concern, and have not been reviewed, approved, or otherwise endorsed by any of these entities.

Desire to jump straight to the answer? The all-time merchant service provider for well-nigh people is Stax or Helcim.

Merchant service providers give businesses the power to process credit card payments.

Whether you lot're a startup that'south accepting credit cards for the first fourth dimension, or an established business looking for a better merchant service, this guide will steer you in the right direction.

The Summit x Best Merchant Services

• Stax – Best for transparent, predictable pricing
• Payment Depot – Best for loftier-volume processing
• Helcim – Best merchant services for small businesses
• Square – Best for flat-rate payment processing
• PaymentCloud – Best for high-risk merchants
• Flagship Merchant Services – All-time for exceptional support
• Fiserv – Best merchant services for retailers
• Dharma Merchant Services – All-time B2B merchant services
• Stripe – All-time for online credit carte processing
• Hunt Payment Solutions – Best for all-in-one directly processing

Later on researching dozens of merchant services on the market place, I've narrowed the list down to the top 10 options for diverse use cases.

The reviews below contain the features, benefits, pricing, and potential drawbacks of each provider on our list. Post-obit that is a brief guide discussing how you tin can use like criteria to pick a merchant service that all-time fits your needs.

Stax — Best for Transparent, Predictable Pricing

• Transparent flat-fee pricing
• 0% markup on Interchange
• No contract
• 24/7 customer back up

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Stax has been in service since 2014 and has an ingenious subscription-based pricing structure that can potentially salvage loftier-volume businesses a lot in transaction costs. On top of that, Stax sets itself autonomously with a 0% markup on Interchange fees.

Due to its starting price of $99 per month, depression-volume or new businesses won't be best suited for Stax's pricing model. Withal, for mid-size and growing businesses, professional services, membership businesses,  and ecommerce shops, Stax is an fantabulous pick.

Stax prides itself on transparency in pricing. You can run across this in the 0% markup on Interchange fees, month-to-month billing with no contracts, flat-fee pricing, and no early on termination fees. And a 95% customer satisfaction score is nothing to sneeze at! Stax claims their customers save an average of 40% on transaction processing costs.

The subscription pricing starts at $99 per month, including a free concluding or mobile reader, ACH processing, analytics, and more. And the Interchange markup is 0% so it is but what is issued by the banking concern, there is no boosted fee from Stax.

Transaction fees are 8 cents + Interchange on card-nowadays transactions and 15 cents + Interchange on keyed-in and online transactions for businesses processing up to $500,000 per year. If your business does over $500,000 per year, you'll demand to reach out to Stax to hash out custom pricing.

Stax also provides a robust cognition base and 24/seven customer support. Learn more virtually Stax.

Payment Depot — Best For High-Volume Processing

• Transparent pricing
• No contracts
• No cancellation fees
• Free equipment

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Payment Depot is 1 of the most reputable and reliable merchant service providers on the market today. They've been chosen the "Costco of credit card processing."

By paying a monthly membership, Payment Depot offers low processing rates. This is especially true for loftier-volume merchants.

Merchants switching to Payment Depot typically save up to 40% on credit bill of fare processing.

Payment Depot offers transparent pricing with no hidden fees. You lot'll benefit from free equipment, no contracts, and no counterfoil fees.

Here's a quick overview of Payment Depot'south plans, pricing, and processing rates:

Bones — $49 per month

• $0.15 + interchange per transaction
• Process upward to $25,000 per calendar month

Most Pop — $79 per month

• $0.10 + interchange per transaction
• Procedure up to $75,000 per month
• Free terminal

Premier — $99 per calendar month

• $0.07 + interchange per transaction
• Process up to $150,000 per month
• Free smart final or premium gateway

Unlimited — $199 per calendar month

• $0.05 + interchange
• Unlimited processing
• Free Clover Mini and premium gateway

The processing rates for Payment Depot's Unlimited plan are the lowest we've seen while conducting our research. But it only makes sense for high-volume merchants. Go started now with Payment Depot.

Helcim — All-time Merchant Services For Small Businesses

Helcim's merchant services are designed for small businesses. They arrive easy for you to take credit and debit cards in-person, online, and more.

Apply Helcim'south services to set up recurring payments, send invoices, or collect payments over the phone with a Helcim virtual terminal.

Helcim'due south bill of fare readers accommodate swipe, dip, tap, and fleck payments. Have Visa, Mastercard, Discover, Amex, Google Pay, Apple Pay, JCB, and more.

Other benefits of Helcim include deposits inside 2 business days and the ability to securely shop credit card information. You lot can use Helcim's services for payment processing on your calculator, smartphone, or tablet.

Sync Helcim directly with QuickBooks online to simplify your bookkeeping.

Helcim's price construction is simple and straightforward. Sign upward to admission depression interchange-plus pricing based on industry, pay method, and monthly volume. Helcim offers volume discounts, no PCI fees, and no long-term contracts. Learn more and sign up at Helcim.

Square — All-time For Flat-Charge per unit Payment Processing

• Complimentary magstripe card reader
• No setup fees
• No long-term contracts
• No chargeback fees

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Square is one of the nigh popular merchant service providers on the marketplace today. Millions of businesses trust Foursquare for credit bill of fare processing and POS solutions.

In addition to point-of-sale, Foursquare has services for online sales, commitment services, contactless payments, remote payments, and even marketing campaigns. Use Foursquare'due south platform to facilitate curbside pickup, digital invoices, appointments, and customer loyalty programs.

With Square for payment processing, getting started is piece of cake. You'll benefit from features like:

• No long-term contracts
• No early termination fees
• PCI compliance
• No setup fees
• No chargeback fees
• Real-time analytics
• Free menu reader for magstripe cards
• Gratuitous dispute management
• Fraud prevention tools

As a flat-rate processor, you won't pay any boosted fees to accept American Express. All of your transactions will be processed at the same charge per unit. The only factor impacting the cost is how the carte du jour is accustomed (in-person vs. card non present).

In-person sales cost 2.half-dozen% + $0.10 per transaction. Ecommerce transactions and Square invoice sales cost ii.9% + $0.30 per transaction. Virtual terminal transactions, bill of fare on file transactions, and other card-not-nowadays orders cost three.5% + $0.15 per transaction.

While Square is a keen option for those of you who desire a apartment-rate processor, these rates likely won't be the cheapest solution for your business concern.

PaymentCloud — Best For Loftier-Risk Merchants

• No awarding fees
• No setup fees
• Ecommerce integrations
• Hardware options

>> Compare Quotes

Some businesses struggle to find a merchant service provider due to their manufacture. Sure payment processors and merchant services won't consider merchants that fall into high-take chances categories.

If your application has been denied past other merchant service providers, PaymentCloud will be a acme option for you to consider. Whether you process payments online, in-person, or on-the-get, PaymentCloud has solutions to accommodate your needs.

PaymentCloud seamlessly integrates Shopify, Magento, BigCommerce, 3DCart, PrestaShop, OpenCart, Volusion, WooCommerce, and more. There are no application fees and no setup fees.

Some examples of high-risk industries that work with PaymentCloud include:

• Firearms
• Software
• Adult businesses
• Tobacco
• Electronic cigarettes and vaping
• Diet programs
• Bail bonds
• Debt consolidation
• SaaS
• Dating services

Just fill up out a form online, choose your terminal or payment gateway, and get fix to start processing credit cards.

Information technology's worth noting that PaymentCloud does work with all businesses—including ones that exercise not autumn into a high-risk category. Just with that said, I'd really simply consider them for loftier-hazard credit carte du jour processing. Other businesses can get meliorate rates elsewhere.

Flagship Merchant Services — Best for Exceptional Support

• Have all major payment methods
• Free processing equipment
• Guarantee to beat other rates
• Merchant greenbacks advances

>> Compare Quotes

Flagship Merchant Services is trusted past 25,000+ businesses. They have a wide range of payment processing solutions to accept payments online, in-store, via mobile, and MOTO (post gild and phone order).

With Flagship Merchant Services, your business will be able to accept all major credit card networks and alternative payment types similar Apple Pay, Google Pay, and more.

Since 2001, Flagship Merchant Services has been providing infrequent back up to businesses across a broad range of industries.

Businesses opening an account with Flagship Merchant Services are eligible for free equipment, similar a Clover Mini POS or EMV certified terminal.

This merchant service provider has solutions for retailers, restaurants, and ecommerce websites. They promise to beat the total processing costs of whatsoever other provider on the market. If they can't deliver on that hope, yous'll get a $200 AMEX gift card.

In improver to payment processing, Flagship Merchant Services offers merchant cash advances, digital client loyalty programs, gift cards, and a business management portal.

Get started and request a costless quote based on your monthly processing book.

Fiserv— Best Merchant Services For Retailers

• POS solutions
• Client rewards
• Customer insights
• Contactless payment acceptance

>> Compare Quotes

Fiserv provides fiscal services technology to financial institutions, corporations, consumers, and of class, merchants. Formally First Data, Fiserv is the world's largest merchant acquirer.

The company has a wide range of services to accommodate small businesses to large merchants and global operations.

Fiserv has solutions for retailers, service-related businesses, ecommerce websites, and foodservice businesses.

They have plenty of POS systems for retail merchants based on your unique needs. From full countertop stations to flexible card readers that work anywhere in the store, Fiserv has it all. You'll take the ability to customize your POS system with customer rewards, gift cards, and insights.

To become started, connect with a Fiserv consultant to hash out your needs.

Dharma Merchant Services — Best B2B Merchant Services

• Level 2 & 3 processing
• High volume discounts
• Interchange plus pricing
• Next twenty-four hour period funding

>> Compare Quotes

Dharma Merchant Services is one of the few providers on the market with solutions built specifically for B2B merchants.

With Dharma, your B2B can have Level 2 and Level three menu data from concern credit cards. Past processing these types of transactions, you'll benefit from lower processing fees. Merchants that process more than than $100,000 per month be eligible for even lower rates with Dharma's high-volume discounts.

All Dharma merchant accounts include:

• Online reporting
• Adjacent-day funding (for carte du jour-present transactions)
• Client databases
• Credit card storage
• Mobile processing (Apple tree and Android)
• Virtual terminal
• Online payment links

Dharma Merchant Services uses interchange-plus pricing for credit card processing. In that location are no long-term contracts, no hidden fees, and you'll receive splendid support from Dharma's tech team.

Stripe — All-time For Online Credit Card Processing

• Ecommerce payment processing
• Fraud prevention
• Virtual cards
• Developer-friendly API

Become Started

For businesses selling exclusively online, Stripe will be the best merchant service provider to consider. The solution is made specifically for ecommerce websites and internet businesses.

It'due south trusted past millions of organizations, from startups to Fortune 500s and everything in between.

Stripe is a fully integrated payments API to accommodate whatever products or services you're selling online. It'south highly flexible for traditional B2C ecommerce, subscription businesses, and even ecommerce marketplaces.

In addition to payment processing, Stripe has merchant services for fraud prevention, invoicing, and issuing virtual cards. Stripe can help you get financing and manage your business concern spending also.

Stripe'south API is developer-friendly and built to scale. Your payment infrastructure is virtually limitless with Stripe.

Information technology's worth noting that this merchant service provider does offer terminals and solutions for in-person processing. Only I'd only recommend that to merchants who are besides selling online, with the online store as the main focus of the business.

Chase Payment Solutions – Best for all-in-one direct processing

Chase Payment Solutions is a subsidiary of another well-known name in financial services, JPMorgan Chase. Formerly known as Chase Paymentech and Chase Merchant Services, they have provided payment processing services since 1985 and procedure over $ane trillion annually.

Only the nigh significant benefit to businesses looking for merchant services is that Hunt Payment Solutions is a direct processor — pregnant they are both the payment processor and acquiring bank. With no middleman, your processing is more secure and takes less time than standalone services. Plus you get aforementioned-mean solar day deposits at no additional cost.

Chase provides integrated payment systems for businesses in almost every industry, including retailers, healthcare, and restaurants. And all Chase Payment Solutions customers have access to support 24/7 year-circular.

Yous can take credit cards anytime, anywhere, including in-person, online, and even over the telephone. For in-person transactions, Hunt has various payment terminals, contactless mobile readers, QuickAccept, and a mobile app. For ecommerce stores, Hunt integrates seamlessly with BigCommerce, Shopify, Spreedly, Volusion, and WooCommerce, plus virtual terminals.

Hunt keeps pricing transparent with no monthly fees:

• Tap, dip and swipe transaction fees: 2.6% + $0.10
• Keyed transaction fees: 3.5% + $0.x per keyed transaction
• Ecommerce transaction fees: 2.9% + $0.25
• Chase typically does non charge early termination fees

For an all-in-ane service with a very recognizable name and secure transactions, Chase Payment Solutions is a top choice for over iv million businesses. Get started today by talking to a specialist.

How to Find the Best Merchant Services For You

There are certain factors that must exist taken into consideration every bit y'all're evaluating prospective merchant services. The best merchant service provider for me might non be the best option for you.

This is the methodology that I used to option the winners above. Only overall, it depends on your specific needs.

Services

Merchant service providers provide a broad range of resources to businesses. But non all of them offer the same solutions.

Every provider on our listing offers credit carte du jour processing in one course or another. Other services to expect for include POS solutions, hardware, virtual terminals, mobile payments, and ecommerce services. Some merchant services offer business financing, consulting, fraud prevention, customer loyalty solutions, souvenir cards, invoicing tools, chargeback management, and more than.

Identify your tiptop needs and make sure that the providers you're evaluating can provide those services.

Processing Rates

Credit card processing can add upwardly quickly. That's why it's so of import to detect a cost-effective solution when y'all're shopping around for a merchant services provider.

Apartment-rate processing is a feasible option for smaller businesses that want a simple and straightforward solution. But generally speaking, interchange plus pricing will requite you access to the lowest processing rates.

In some cases, you'll accept to pay a monthly membership fee to access the lowest rates.

If you have a B2B merchant category lawmaking (MCC), look for a provider that tin accommodate Level ii and Level 3 card data. This is another way to go along your rates depression.

Processing Volume

Rates are ordinarily impacted by how much money you procedure per calendar month or per yr.

High-volume merchants volition usually have admission to the everyman rates. Depending on the merchant service provider, y'all might need to process anywhere from $500,000 per twelvemonth to $150,000 per month to access those stone-lesser rates.

Funding and Back up

How soon will y'all have access to your funds after you lot've settled the transactions? Look for merchant service providers that offer same-mean solar day or next-mean solar day funding.

You should likewise consider the level of support and service you're getting. If you have a problem, how shortly can you arrive contact with an agent? How fast volition your trouble exist resolved?

Make sure you sympathize the agreement with your merchant service provider. The best ones will offering free PCI compliance and won't charge you lot for setups and cancellations.

The Top Merchant Services in Summary

Merchant services come in all dissimilar shapes and sizes. They tin can be independent service providers (ISOs), banks, or fully integrated systems for all of your hardware, software, and processing needs.

Stax, Helcim, Payment Depot, and Square are our top recommendations. But in that location are plenty of other great alternatives to consider, depending on your unique circumstances.

How To Add Chase Bank Merchant Services To Ecommerce,

Source: https://www.quicksprout.com/best-merchant-services/

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