Credit and Debit Card Processing For High Volume Companies
High sales volume is a good thing for any business—unless, of course, we're talking about credit card processing. Unfortunately, companies that experience regular sales surges, high average ticket amounts, or greater than $100,000 in monthly sales can find themselves dealing with fund holds, account freezes, irregular payment schedules, and data security liabilities if they sign up with the wrong merchant account provider. And since payment processors typically collect a percentage of each transaction, it doesn't take long for costs to add up under an unfavorable contract. In fact, it's not uncommon for large businesses to activate and implement a new company-wide payment processing solution only to discover after a few months that they're stuck with outrageous monthly costs, poor service, and a long-term deal that is prohibitively expensive to cancel.
To help you avoid this problem, we've put together the following list of the top merchant account providers for high volume merchants. These processors are large and experienced enough to serve enterprise-level payment environments, and they've also earned reputations for fair, transparent pricing and quality customer service. Some of them offer a wide array of integrated business management solutions, while others are primarily focused on processing payments securely and cheaply. When discussing your business with these providers, you'll want to be absolutely clear about your sales volume and payment patterns so that they can assign the correct parameters to your account. It's also best to get in touch with more than one provider in order to compare pricing and services.
How to Select the Best High Volume Credit Card Processor
When selecting the best credit card processor for a High Volume business in the USA, there are several factors to consider, including:
Credit Card Processing Fees
High volume businesses can benefit from negotiating lower processing fees with credit card processors. Look for a processor that offers competitive rates, and negotiate for lower fees if possible.
High volume businesses need a credit card processor that can handle a high volume of transactions without imposing transaction limits. Make sure the processor you choose can accommodate your business's volume requirements.
High volume businesses need to protect their customers' payment information, so look for a credit card processor that offers advanced security features like encryption and fraud detection.
Consider whether the credit card processor integrates with your existing point-of-sale (POS) system or e-commerce platform. If not, you may need to invest in new hardware or software to make the integration work.
Top-Rated Customer Support
High volume businesses can't afford downtime or processing issues, so choose a credit card processor that offers excellent customer support. Look for a processor with 24/7 customer support, preferably with a dedicated account manager to help you troubleshoot any issues.
High volume businesses are more likely to face chargebacks, so make sure the credit card processor you choose offers effective chargeback handling and dispute resolution services.
Choose a credit card processor with a good reputation in the industry. Check online reviews, ask for referrals from other business owners, and research the processor's history and track record. You can consider our review on this website, by simply searching for the processor in the search bar at the top of this page.
High volume businesses may have unique processing needs, so look for a credit card processor that can accommodate custom requirements and offers flexible processing solutions.
Overall, when selecting a credit card processor for a high volume business, it's important to find a partner that understands your business's unique needs and can provide the support and services you need to keep your transactions flowing smoothly.
Top Picks for High Volume Sales Merchant Services
Top Pick for High Volume Credit Card Processing
Helcim is a merchant account provider headquartered in Alberta, Canada, and Seattle, Washington. The company provides merchant services and credit card processing to both U.S. and Canadian businesses. Helcim offers traditional payment processing equipment as well as a feature suite called “Helcim Commerce,” which is intended to serve as an all-in-one business management solution for merchants across all of their sales channels.
Why Helcim is a Great Option for Small Business Owners
As a small business owner selling high volume products, it's essential to have a reliable payment processing system that can handle the volume of transactions. This is where Helcim comes in. Helcim is a payment processing service that specializes in providing payment solutions to small businesses. Their payment processing technology is designed to handle high volume transactions, making them an excellent option for small business owners who need to accept credit card payments from customers buying high volume products.
Variety of Payment Processing Solutions
Helcim offers a variety of payment processing solutions that cater to different business needs. Their payment gateway allows businesses to securely accept payments online, and their point-of-sale (POS) system is perfect for brick-and-mortar stores. Helcim's POS system can handle high volume transactions quickly, providing businesses with fast and reliable payment processing capabilities.
Transparent Pricing Structure
One of the reasons why Helcim is an excellent option for small business owners selling high volume products is their transparent pricing structure. They charge a flat rate of 2.6% + $0.10 per transaction for all payment processing, regardless of the volume of transactions. This means that businesses can easily calculate their payment processing costs and budget accordingly. Helcim's transparent pricing is a refreshing change from the complex and often hidden fees charged by other payment processors.
Helcim is a great option for small business owners who need to accept credit card payments from customers buying high volume products. Their payment processing technology is designed to handle high volume transactions, and their transparent pricing structure makes it easy for businesses to budget their payment processing costs. With Helcim, small business owners can focus on what they do best, selling high volume products, and leave the payment processing to the experts.
Host Merchant Services
Top Pick for High Volume Credit Card Processing
Host Merchant Services is a Newark, Delaware-based merchant account provider that can serve general high-volume business types as well as some high-risk merchants. The company's products and services include point-of-sale solutions (with specific packages for the restaurant, salon, professional service, and contractor sectors), online marketing tools, an online payment gateway and virtual terminal, mobile credit card processing, gift and loyalty programs, and offshore merchant accounts. Host Merchant Services specializes in e-commerce solutions and can provide a free website and email system to interested merchants.
Host Merchant Services has received only positive feedback on public forums, with most reviewers singling out the company's customer service for praise. Host offers interchange-plus pricing with no early termination fees to all of its merchants, meaning that users will enjoy the most transparent pricing model and can cancel service without penalty. The BBB gives Host an “A+” rating, and CPO also gives the company an “A+.”
Why Host Merchant Services is a Great Choice for High Volume Merchant Payment Processing
When it comes to processing credit card payments for high volume merchant products, Host Merchant Services is an excellent choice for small business owners. Their payment processing solutions are specifically designed to handle high volume sales, providing businesses with the reliability and security they need to keep their operations running smoothly.
Fast and Effective Transaction Processing
One of the key benefits of using Host Merchant Services for high volume merchant payment processing is their fast and efficient transaction processing. With the ability to process payments in as little as two seconds, business owners can keep their checkout lines moving quickly, ensuring a positive experience for their customers.
Robust Security Features
Another advantage of Host Merchant Services is their robust security features. They employ industry-leading encryption technology and follow strict security protocols to protect businesses and their customers from potential fraud and data breaches. This level of security is especially important for businesses that handle high volume sales, as they are more vulnerable to fraudulent activity.
Competitive Pricing and Transparent Billing
Host Merchant Services also offers competitive pricing and transparent billing practices, making it easy for businesses to understand their costs and manage their expenses. They have no hidden fees or long-term contracts, allowing business owners to scale their operations as needed without worrying about unexpected costs.
Host Merchant Services is an excellent option for small business owners who sell high volume merchant products and need to accept credit card payments from customers. Their fast and efficient transaction processing, robust security features, competitive pricing, and transparent billing practices make them a reliable and trustworthy choice for businesses of all sizes.
Top Rated Credit Card Processor for High Volume Merchants
Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving standard to high-risk business types. The company's products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible terminals, and merchant cash advances. PaymentCloud advertises wholesale rates that are beneficial for merchants who process a high volume of transactions.
PaymentCloud provides a dedicated account rep to all new merchants for the life of the account. The company has not received any negative complaints on consumer forums, and it customizes its pricing according to each merchant's business type and processing history. The BBB does not maintain a profile for PaymentCloud at this time, but CPO gives the company an “A.”
PaymentCloud: The Ideal High Volume Merchant Payment Processing Solution
If you're a business owner selling High Volume Merchant products, you need a reliable and secure payment processing solution that can handle the large volume of transactions you process daily. PaymentCloud is the perfect solution for you. This payment processing service is designed specifically for businesses that handle large transaction volumes and need to accept credit card payments from customers buying High Merchant products.
Diverse and Reliable Services Offered
With PaymentCloud, you can streamline your payment processing operations and accept credit card payments from customers easily and securely. Their advanced fraud prevention tools ensure that every transaction is processed securely, while their fast and reliable processing speed ensures that you don't lose out on any sales. Plus, PaymentCloud offers competitive rates and fees, so you can keep more of your hard-earned profits.
Live Reporting Available to Manage Your Transactions
PaymentCloud's High Volume Merchant payment processing solution comes with a wide range of features to help you manage your transactions efficiently. You can access real-time reporting and analytics, which allows you to track your sales, monitor your cash flow, and optimize your business processes. Additionally, PaymentCloud's support team is available 24/7 to help you with any issues you may encounter, ensuring that you never miss a sale.
PaymentCloud is an excellent choice for businesses that need to process a large volume of transactions and accept credit card payments from customers buying High Merchant products. Their advanced fraud prevention tools, fast and reliable processing speed, competitive rates and fees, and extensive features make PaymentCloud the ideal solution for your payment processing needs. So, if you're looking for a payment processing service that can help you grow your business, look no further than PaymentCloud.
Top Pick for High Volume Credit Card Processing
CDG Commerce is yet another positively reviewed processor on this list that offers month-to-month contracts, no early termination fee, few complaints, and excellent customer support. Privately owned and operated since 1998, CDG Commerce can provide processing solutions for organizations of all sizes.
CDG Commerce offers mobile and in-person card acceptance for the same fixed, low per-transaction rates, and its online processing costs only slightly more. The company provides a payment gateway that enables reporting, recurring billing, and built-in QuickBooks integration, which is essential for high-volume businesses that need to stay on top of their accounting.
CDG Commerce provides phone support, live chat support, and email support to all of its organizations. The company currently has an “A+” rating with the BBB and an “A+” rating on CardPaymentOptions.com.
Why CDG is a Top Choice for High Volume Payment Processing
GDC Commerce is an excellent choice for small business owners who deal with high volume merchant products and require efficient credit card processing services. With years of experience in the industry, GDC Commerce has established itself as a reliable and trustworthy payment processing provider, catering to the needs of high volume merchants.
Seamless Transactions in the High Volume Space
One of the significant advantages of using GDC Commerce for high volume merchant payment processing is their ability to handle large volumes of transactions without any disruptions. The platform is equipped with advanced technology that can process a high volume of transactions simultaneously, ensuring that your business operations run smoothly. Additionally, GDC Commerce provides real-time reporting, enabling you to monitor your transactions and manage your business more effectively.
Dedicated Secure Transactions
Another significant benefit of using GDC Commerce for high volume merchant payment processing is the company's dedication to security. GDC Commerce utilizes industry-standard encryption protocols and advanced fraud detection and prevention tools to ensure that your transactions are secure. With GDC Commerce, you can have peace of mind knowing that your customers' data is safe and that your business is protected from fraudulent activities.
GDC Commerce is an excellent option for small business owners who sell high volume merchant products and need to accept credit card payments from customers. With efficient payment processing, real-time reporting, and robust security measures, GDC Commerce can help streamline your business operations, increase customer satisfaction, and protect your business from fraudulent activities.
eMerchantBroker is a Los Angeles, California-based company that offers high-risk e-commerce processing solutions including for high-volume accounts. The company’s products include credit card processing, ACH processing, an online payment gateway, merchant cash advance, and a chargeback management system to help merchants dispute and resolve chargeback claims.
eMerchantBroker offers custom pricing for each merchant and maintains a low complaint rate relative to its size and merchant portfolio. Our review of eMerchantBroker gives the company an “A” rating overall and the BBB assigns the company a rating of “A+.”
Why eMerchantBroker is the Best Option for High Volume Merchant Payment Processing
When it comes to processing high volume merchant payments, eMerchantBroker is a top choice for small businesses. They specialize in providing credit card processing services for high volume merchants who sell products with high transaction values. One of the main advantages of eMerchantBroker is their ability to handle high transaction volumes efficiently and reliably, ensuring that merchants can accept credit card payments from their customers without any interruptions.
Solutions Tailored to the Needs of High Volume Merchants
eMerchantBroker offers a wide range of payment processing solutions that are tailored to the needs of high volume merchants. They provide custom pricing plans that are based on the individual merchant's business needs, ensuring that each merchant is getting the best possible value for their payment processing services. With eMerchantBroker, merchants can accept all major credit cards, including Visa, Mastercard, and American Express.
Advanced Fraud Prevention Measures
Another advantage of using eMerchantBroker for high volume merchant payment processing is their advanced fraud prevention measures. They use state-of-the-art technology to detect and prevent fraudulent transactions, ensuring that merchants are protected against chargebacks and other types of fraud. Additionally, they offer chargeback protection programs to help merchants mitigate the risk of chargebacks and keep their businesses running smoothly.
eMerchantBroker is an excellent option for small businesses that need to accept credit card payments for high volume merchant products. With their reliable payment processing solutions, custom pricing plans, and advanced fraud prevention measures, eMerchantBroker is the ideal partner for businesses that want to streamline their payment processing operations and focus on growing their businesses.
National Processing offers several processing options and can assist high-volume merchants with identifying the right POS system or virtual terminal for their needs. The company offers two pricing options: one an interchange-plus program or a “zero-fee” program, both of which offer competitively priced rates.
National Processing has a clean reputation with just one complaint filed in the last three years, which is not concerning in nature. Our independent review finds National Processing to be a solid option for most high-volume merchants.
High Volume Merchant Payment Processing with National Processing
For business owners who sell high volume merchant products and need to accept credit card payments, National Processing is a great option. National Processing specializes in high volume merchant payment processing, which means they have the tools and expertise to handle large transaction volumes quickly and securely. They offer a range of payment processing solutions designed to meet the needs of businesses that handle high volume merchant products, including retail, e-commerce, and B2B companies.
Fast, Reliable, and Secure Processing Solutions
National Processing's payment processing solutions are designed to be fast, reliable, and secure, ensuring that businesses can process large volumes of transactions without any issues. They offer a range of payment processing options, including traditional credit card processing, mobile payments, and online payments, all of which are designed to be easy to use and customizable to meet the needs of each business.
Competitive Transparent Pricing
Another advantage of National Processing is their transparent pricing model. They offer competitive pricing and don't charge any hidden fees, so businesses know exactly what they're paying for and can budget accordingly. They also offer a range of payment processing tools and features, including fraud detection and prevention tools, chargeback management, and customizable payment reporting, which can help businesses manage their payment processing more effectively.
National Processing is a great option for business owners who sell high volume merchant products and need to accept credit card payments. With their expertise in high volume payment processing, range of customizable payment processing solutions, transparent pricing, and payment processing tools and features, National Processing is a reliable and effective partner for any business that needs to process large volumes of transactions quickly and securely.
Frequently Asked Questions: High Volume Merchant Account Credit Card Processing
High Volume Merchant Account is a type of business bank account that allows businesses to process high volumes of credit and debit card transactions. This is often necessary for large businesses, ecommerce platforms, or businesses with high transaction volumes.
If your business processes a high number of transactions, a regular merchant account might not be able to handle your needs. High Volume Merchant Accounts are designed to support businesses with high transaction volumes, providing better stability and processing capacity.
There are several factors to consider when choosing a High Volume Merchant Account Provider:
– Transaction fees:
Compare the transaction fees charged by different providers. This can significantly impact your bottom line if you're processing a large number of transactions.
Look for providers that have a track record of reliability. Downtime can be costly if you're processing a lot of transactions.
– Customer support:
Good customer service is crucial. Look for providers that offer 24/7 support.
Ensure that the provider follows the best security practices and complies with PCI DSS standards.
Check if the provider's payment gateway can be easily integrated with your existing systems.
Yes, websites such as Merchant Maverick, CardPaymentOptions, and Digital.com provide comparisons and reviews of various merchant account providers, including those that offer high volume services.
They can be, due to the increased risk associated with processing high volumes of transactions. However, some providers may offer volume discounts. It's essential to carefully read the terms and conditions of any potential account.
Yes, you can negotiate terms such as transaction fees and contract length. This typically depends on your business's bargaining power, which is determined by your transaction volume and history.
You can apply for a High Volume Merchant Account through the provider's website or by contacting them directly. The application process typically involves filling out an application form and providing documentation to verify your business.
The approval time can vary based on the provider and your business's specifics. Some providers offer instant approval, while others may take a few days to a week.
Yes, if your transaction volume decreases, you can typically switch back to a regular merchant account. However, the terms of your contract may stipulate a minimum term, so it's crucial to read the fine print before making any decisions.
Yes, you can have multiple High Volume Merchant Accounts, often from different providers. This is sometimes done to mitigate the risk of having one account frozen or shut down. However, managing multiple accounts can be complex and time-consuming.