You can follow this article to compare the Payment Gateway provider in the market. For more information, you can contact Merchant Stronghold for the assistance. Also, we can help you choose and compare Payment Gateway Provider.
Factor 1 – Fees and Additional Fees for the Services
The transaction processing fees and other fees for the services can affect your profit. As a merchant, you should compare the payment processing fees of the services and then get the one that is required. Here are the different fees or charges that a payment gateway service provider can ask.
Monthly fees
Termination Fees
Setup fees
IRS (Internal Revenue Service) fees
Batch fees
Contract Fees
Annual fees
Customer service fees
PCI (Payment Card Industry) compliance fees
Statement fees
These are the list of fees that a payment gateway provider can ask. There could be more than what are available in the list above.
Factor 2 – Allowed Card and Payment Types
Types of cards and payment types should be allowed while accepting the payment to help the merchants to compare Payment Gateway provider. Here is the list of popular Card Service Providers:
VISA
MasterCard
American Express
Discover
JCB
Diner
You must choose the card acceptance according to your customers. Also, compare Payment Gateway provider depending on the majority of card payments you get.
Questions that you can Ask while comparing Payment Service Providers – Merchant Stronghold
Which is the best payment gateway for your business?
How to add your website with payment gateway
What is payment processor fees in the current market?
Which is the best payment gateway for micropayments?
What is payment gateway charges in the USA?
Which is the best payment gateway API?
What is the best payment gateway for Bigcommerce?
Payment gateway providers list
Which is the best payment gateway for small business?
The best online payment processor for your business?
What are available online payment gateways?
Which is the best payment gateway for international transactions?
Credit card processing comparison chart
You can use this guide to compare payment gateway provider. If you are looking for more details then feel free to contact Merchant Stronghold for the assistance.
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