Cheapest Merchant Account Providers

Picking a Low-Cost Merchant Account Provider

Many business owners on a budget shop for a merchant account with a simple mission: How can I accept credit cards for the lowest cost possible? Which company has the lowest rates? How can I keep the largest possible percentage of my sales? For these businesses, specialized features and software are secondary concerns. What matters most is being able to take cards for the smallest possible amount.

Saving Without Sacrificing Service Quality

If you're concerned with cost above all else, then the following ranking of the top-rated cheapest merchant account providers is for you. These processors offer the lowest per-transaction rates, setup fees, and recurring monthly costs for accepting credit cards. This list includes traditional merchant account providers as well as unconventional providers and mobile payment options. Each payment processor has a positive reputation among merchants and third-party reviewers as well as transparent pricing and live customer support. Businesses on a budget can't go wrong with any of these providers.

Ensure Low Fees By Getting Multiple Quotes

It's important to understand that there is no single cheapest option for all businesses; rather, each provider has advantages and drawbacks for certain merchant sizes. For example, high-volume merchant with multiple locations will be better served by large, traditional processors, while single-register locations might be better off with a free mobile phone or tablet app. The picks below are in no particular order and we recommend  contacting multiple providers in this list to compare their service offerings and rates to get the best solution for your business.

Our Recommendations

Why CDG Commerce?

This merchant account provider has consistently ranked as a top recommendation across numerous top-pick lists on CPO for nearly a decade. As a smaller provider CDG Commerce offers tailored solutions and dedicated specialists for your specific account, which is something that can't be found with large corporate providers. Along with offering some of the lowest pricing in the credit card processing industry, has a wide array of hardware and software solutions to handle just about any point of sale requirement. In fact, CDG Commerce boasts over 300 integrations with third-party apps, payment gateways, and business manager systems. Business owners who choose CDG Commerce can feel confident that they are getting the best services at the lowest rates and fees. 

 

Find Out Who Else Makes Our Top Picks

See out recommedation master list, “Best Merchant Accounts,” for a complete rundown of our recommendations. We only choose providers that offer low fees, modern technology, and excellent customer service.

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