Top 5 Business Payment Systems Every First-Time Entrepreneur Should Consider

They say time is money. And if you’re one of the 30.2 million small businesses in the United States, you know that very well. 

That’s why finding ways to simplify how you do business can help you maximize time and run and grow a successful shop.

Discover how business payment systems can help ensure you get paid and focus on what you do best.

Business Payment Systems: What Are They?

Business payment solutions offer an easy way for you to receive payment and for customers to pay you. These systems can take care of all the various steps involved when you process customer payments. That includes swiping credit cards and safely storing credit card information.

Whether you have a brick-and-mortar store or an exclusively web-based business, online payment processing can streamline how you process and receive payments.

Online Payment Systems for Small Businesses

Your small business payment processing needs may depend on several factors—including the size of your business, your average customer, and whether you want an all-in-one POS (point of service) and payment processing system.

Here are five online payment systems to consider for your small business.

Authorize.net

If you’d like your customers to be able to make payments directly on your website, Authorize.net will help you accomplish that. Instead of redirecting visitors to your website to a third-party payment platform, shoppers can pay directly on your site.

Using this payment gateway service allows you to accept all major credit cards as well as digital payments through platforms like Apple Pay and PayPal.

PayPal

PayPal is another popular platform for accepting business payments. In addition to receiving online payments, you can accept in-person credit card payments through a mobile app and card reader. You can also create and keep track of invoices directly in your online account.

Square

Square not only offers payment processing, but it also provides POS systems as well. With Square you can process credit card payments without incurring fees through the use of a free card reader.

Other bonuses include fraud protection and payments transferred to your bank account in as little as one day. Plus there are no monthly or set-up charges.

QuickBooks Payments

If you want a system that integrates with QuickBooks accounting software, this tool will let you do that. You can choose either a web or computer-based program as well as a pay-as-you-go or monthly payment structure.

Striker Payments

Striker Payments is a merchant account payment processing company that offers an innovative POS system that is easily accessible through an iPad interface. They also offer easy online payment processing for a range of business types and sizes.

Whether you own a small retail shop or an eCommerce or mobile business, Striker Payments has a solution and platform for streamlined payments processing.

Get More Small Business Tips

Have you found this information on business payment systems helpful? Do you want more advice about simplifying your small and growing business? Keep browsing our blog for tips on everything from eCommerce solutions to ideas for growing your brand.