Best Payment Processing Software

How Many Payment Processing Software Products Does G2 Track?

Total Products under this Category: 1,085

Category Stats (Nov 2026)

  • Average Rating: 4.36/5 (↓0.01 vs Oct 2026) The average rating of products in this category, based on all submitted ratings
  • Top Trending Product: MoonClerk (+2.32%) - Among all products in this category, MoonClerk recorded the largest rating increase compared to last month

Last updated: November 01, 2026

How Does G2 Rank Payment Processing Software Products?

Why You Can Trust G2's Software Rankings:

  • 30 Analysts and Data Experts
  • 38,400+ Authentic Reviews
  • 1,085+ Products
  • Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

G2 Grid® for Payment Processing Software

G2 Grid® for Payment Processing Software plotting products by satisfaction and market presence

Highlighted products: PayPal Payments, Amazon Pay for Business, Venmo, BILL AP/AR, PayPal Checkout, Adyen Payments, Nickel, and Stripe Payments.

Underlying data: [Grid® JSON](https://www.g2.com/categories/payment-processing/grids.json?focus%5B%5D=paypal&focus%5B%5D=amazon-pay-for-business&focus%5B%5D=paypal-venmo&focus%5B%5D=bill-ap-ar&focus%5B%5D=paypal-checkout&focus%5B%5D=adyen-payments&focus%5B%5D=nickel&focus%5B%5D=stripe-stripe-payments)

PayPal Payments

PayPal Payments is a comprehensive payment processing solution designed to empower businesses of all sizes to accept payments seamlessly from customers worldwide. By integrating PayPal Payments, merchants can offer a variety of payment options, enhancing the checkout experience and potentially increasing conversion rates. Key Features and Functionality: - Global Payment Acceptance: Supports transactions in over 200 markets and 140 currencies, enabling businesses to cater to a diverse customer base. - Multiple Payment Methods: Allows customers to pay using credit and debit cards, PayPal balances, and other local payment methods, providing flexibility and convenience. - Seamless Integration: Compatible with major eCommerce platforms, facilitating easy integration into existing online stores. - Advanced Security Measures: Incorporates robust fraud protection tools and compliance features to safeguard both merchants and customers. - Financial Services: Offers access to business loans and working capital, assisting merchants in managing and expanding their operations. Primary Value and Solutions Provided: PayPal Payments addresses the critical need for businesses to offer secure, efficient, and versatile payment options to their customers. By leveraging PayPal's extensive network and trusted reputation, merchants can enhance customer trust, streamline payment processes, and expand their reach to international markets. The platform's comprehensive suite of tools not only facilitates payment acceptance but also supports business growth through financial services and operational insights.

Average Rating: 4.4/5.0

Total Reviews: 2,795

How Do G2 Users Rate PayPal Payments?

  • Has the product been a good partner in doing business?: 8.1/10 (Category avg: 8.8/10)
  • Self Service Portal: 9.1/10 (Category avg: 8.6/10)
  • Level 3: 8.4/10 (Category avg: 7.8/10)
  • Accounting integration: 8.6/10 (Category avg: 8.4/10)

Who Is the Company Behind PayPal Payments?

  • Seller: PayPal
  • Company Website:
  • Year Founded: 1998
  • HQ Location: San Jose, CA
  • LinkedIn® Page: www.linkedin.com
    38,773 employees on LinkedIn®
  • Ownership: PYPL

Who Uses This Product?

  • Who Uses This: Owner, Software Engineer
  • Top Industries: Information Technology and Services, Computer Software
  • Company Size: 62% Small, 23% Medium

What Do G2 Reviewers Say About PayPal Payments?

AI-generated summary from verified user reviews

Pros
  • Users appreciate the ease of use of PayPal Payments, benefiting from quick transactions and excellent customer service.
  • Users appreciate the easy payment process of PayPal Payments, ensuring fast transactions and convenient currency conversion.
  • Users value the convenience of PayPal Payments for its easy interface and seamless transactions across devices.
  • Users appreciate the secure payment system of PayPal Payments, enhancing trust in automated financial transactions.
  • Users appreciate the speed of transactions with PayPal Payments, experiencing quick deposits and minimal delays.
Cons
  • Users note the high fees associated with PayPal Payments, particularly for transactions and currency conversions.
  • Users find the high transaction and conversion fees of PayPal Payments to be a significant drawback for their transactions.
  • Users often face poor customer support, experiencing slow responses and difficulties in resolving account issues effectively.
  • Users are frustrated by the high transaction and conversion fees of PayPal Payments, impacting overall affordability.
  • Users are frustrated with the high transaction fees of PayPal Payments, which can accumulate significantly over time.

What Are Recent G2 Reviews of PayPal Payments?

What Are G2 Users Discussing About PayPal Payments?

Amazon Pay for Business

Amazon Pay makes it simple for hundreds of millions of customers around the globe to pay for products and services using the information already stored in their Amazon accounts. It’s a familiar buying experience from a brand customers know and trust. Increase your customer reach Amazon Pay can help you acquire and retain customers by leveraging the trust they place on Amazon and offering buyers a seamless shopping experience. Help reduce cart abandonments Amazon Pay’s fast & easy checkout process, built on years of Amazon’s innovation in checkout optimization can help increase conversions & lower cart abandonments for buyers using their existing Amazon accounts. Match the way your customers like to shop Amazon Pay delivers a seamless checkout experience across desktop, mobile, and voice – making it easy for customers to make purchases wherever they are.

Average Rating: 4.5/5.0

Total Reviews: 572

How Do G2 Users Rate Amazon Pay for Business?

  • Has the product been a good partner in doing business?: 8.5/10 (Category avg: 8.8/10)
  • Self Service Portal: 9.2/10 (Category avg: 8.6/10)
  • Level 3: 8.6/10 (Category avg: 7.8/10)
  • Accounting integration: 8.8/10 (Category avg: 8.4/10)

Who Is the Company Behind Amazon Pay for Business?

Who Uses This Product?

  • Who Uses This: Software Engineer, Student
  • Top Industries: Information Technology and Services, Computer Software
  • Company Size: 57% Small, 31% Medium

What Do G2 Reviewers Say About Amazon Pay for Business?

AI-generated summary from verified user reviews

Pros
  • Users appreciate the ease of use of Amazon Pay for Business, highlighted by its simple setup and fast transactions.
  • Users appreciate the easy payment process with Amazon Pay for Business, enjoying fast transactions and cashback rewards.
  • Users appreciate the fast and convenient payment process of Amazon Pay for Business, enhancing their transaction experience.
  • Users find the initial setup very easy, making it quick to start using Amazon Pay for Business.
  • Users appreciate the excellent customer support of Amazon Pay for Business, ensuring a seamless payment experience and quick resolution of issues.
Cons
  • Users consistently face poor customer support, making it difficult to resolve payment issues promptly.
  • Users are frustrated with the high transaction fees of Amazon Pay for Business compared to competitors.
  • Users experience slow performance with Amazon Pay for Business, facing glitches and a laggy, uncomfortable interface.
  • Users find the navigation difficult within Amazon Pay for Business, hindering effective use of its features.
  • Users face payment issues with slow customer support and technical glitches, complicating their overall experience with Amazon Pay.

What Are Recent G2 Reviews of Amazon Pay for Business?

What Are G2 Users Discussing About Amazon Pay for Business?

Venmo

Venmo for Business is a mobile payment solution designed to help small businesses and entrepreneurs accept payments seamlessly through the Venmo app. By creating a business profile linked to their personal Venmo account, merchants can offer customers a familiar and convenient payment method, enhancing the overall transaction experience. Key Features and Functionality: - Business Profiles: Merchants can set up a dedicated business profile under their existing Venmo login, allowing easy management of personal and business transactions within the same app. - Multiple Payment Options: Customers can pay using their Venmo balance, linked bank accounts, debit or credit cards, contactless cards, or digital wallets with Tap to Pay functionality. - QR Code Payments: Each business profile generates a unique QR code, enabling customers to scan and pay instantly, facilitating quick and contactless transactions. - Social Engagement: Venmo's social feed allows customers to share their purchases, providing businesses with organic visibility and potential new customer reach. - Security Measures: Transactions are secured with data encryption, fraud monitoring, and compliance with PCI DSS standards, ensuring both merchant and customer data protection. Primary Value and Solutions Provided: Venmo for Business addresses the need for small businesses to accept digital payments without the complexity of traditional point-of-sale systems. It offers a user-friendly platform that integrates seamlessly with customers' existing Venmo accounts, promoting faster checkouts and improved customer satisfaction. The social sharing aspect enhances brand visibility, while the straightforward setup and minimal hardware requirements make it an accessible solution for businesses of all sizes.

Average Rating: 4.6/5.0

Total Reviews: 267

How Do G2 Users Rate Venmo?

  • Has the product been a good partner in doing business?: 8.0/10 (Category avg: 8.8/10)
  • Self Service Portal: 8.9/10 (Category avg: 8.6/10)
  • Level 3: 7.9/10 (Category avg: 7.8/10)
  • Accounting integration: 8.3/10 (Category avg: 8.4/10)

Who Is the Company Behind Venmo?

  • Seller: PayPal
  • Year Founded: 1998
  • HQ Location: San Jose, CA
  • LinkedIn® Page: www.linkedin.com
    38,773 employees on LinkedIn®
  • Ownership: PYPL
  • Total Revenue (USD mm): $21,454

Who Uses This Product?

  • Who Uses This: Owner
  • Top Industries: Marketing and Advertising, Information Technology and Services
  • Company Size: 72% Small, 17% Medium

What Do G2 Reviewers Say About Venmo?

AI-generated summary from verified user reviews

Pros
  • Users appreciate the ease of use of Venmo, enjoying its simple interface and convenient payment features.
  • Users love how Venmo makes easy payments and splitting bills, transforming their experience with transactions.
  • Users appreciate the convenience and speed of Venmo for easy payments and keeping finances organized.
  • Users appreciate the intuitive dashboard usability of Venmo, facilitating quick and easy money transactions.
  • Users appreciate the seamless integrations of Venmo, enhancing convenience for payments and transactions with friends and retailers.
Cons
  • Users experience accuracy issues with Venmo that can hinder transactions and cause financial losses for sellers.
  • Users express concern about the high fees associated with credit card transactions and fast transfers on Venmo.
  • Users often face delays in bank transfers and charge disputes, leading to frustration and inconvenience.
  • Users find the excessive notifications bothersome, especially with repeated ads even after dismissal.
  • Users report poor customer support from Venmo, making it challenging to resolve issues and affecting their businesses.

What Are Recent G2 Reviews of Venmo?

What Are G2 Users Discussing About Venmo?

AI can help you find the answers. G2 helps you trust them.

Connect G2 to Claude or ChatGPT for answers grounded in G2's trusted reviews, comparisons, and pricing from real user insights.

How it works
Connect G2 to ChatGPTConnect G2 to Claude

BILL AP/AR

BILL is a financial operations platform that provides intelligent accounts payable and accounts receivable automation for businesses. This software solution is designed to help small and midsize businesses streamline and manage their financial workflows by digitizing and automating manual processes. By centralizing financial tasks, BILL AP/AR provides greater efficiency, visibility, and control over a company’s cash flow. The AP automation software helps users manage invoice processing, approvals, and payments, while also offering tools for expense management. BILL AP/AR belongs is accounts payable automation software that serves a broad audience, including business owners, finance managers, accounting firms, accounts payable specialists, and controllers. Typical use cases for BILL AP/AR involve digitization and automation of invoice capture, routing bills for approval, scheduling and executing payments, reconciling transactions, and managing expense reports and reimbursements. The platform also integrates with popular accounting systems to facilitate accurate bookkeeping and financial reporting. Key features and benefits of BILL AP/AR include: - Comprehensive AP automation software capabilities including electronic invoice receipt, automated data extraction, customizable approval workflows, and multi-method payment processing (ACH, wire transfers, checks) - Corporate cards integration through BILL Spend & Expense (formerly Divvy) that offers credit limits from $500-$5M and automated expense management software with real-time spending controls and budget management - Expense management automation featuring receipt capture, automatic categorization, policy compliance monitoring, and seamless integration with accounting systems for streamlined reconciliation - Accounts receivable optimization tools that automate invoice delivery, payment processing, collections management, and customer communication to accelerate cash flow - Advanced security and compliance measures with bank-level encryption, fraud protection, and audit trails that meet industry standards for financial data protection - Two-way sync with accounting software such as QuickBooks, Xero, NetSuite, and others to reduce manual data entry By bringing together accounts payable automation, corporate cards, and expense management in a single platform, BILL AP/AR helps finance teams reduce payment cycle time, minimize human error, and improve vendor relationships by ensuring timely and accurate transactions.

Average Rating: 4.4/5.0

Total Reviews: 1,792

G2 Deal: 20% Discount on BILL AP/AR Subscription

Enjoy our special G2 rate! A 20% discount on your BILL AP/AR subscription.

View this exclusive G2 deal

How Do G2 Users Rate BILL AP/AR?

  • Has the product been a good partner in doing business?: 8.6/10 (Category avg: 8.8/10)
  • Self Service Portal: 9.2/10 (Category avg: 8.6/10)
  • Accounting integration: 9.4/10 (Category avg: 8.4/10)

Who Is the Company Behind BILL AP/AR?

Who Uses This Product?

  • Who Uses This: Controller, Accountant
  • Top Industries: Accounting, Non-Profit Organization Management
  • Company Size: 62% Small, 28% Medium

What Do G2 Reviewers Say About BILL AP/AR?

AI-generated summary from verified user reviews

Pros
  • Users value the ease of use of BILL AP/AR, noting quick learning and efficient bill management features.
  • Users appreciate the easy payments with Bill.com, simplifying vendor payment processes and enhancing communication efficiency.
  • Users value the seamless integrations of BILL AP/AR, enhancing workflow and simplifying payment management with QuickBooks.
  • Users value the easy setup of BILL AP/AR, appreciating its straightforward implementation and seamless QuickBooks integration.
  • Users value the time-saving features of BILL AP/AR, streamlining invoice management and payment processes efficiently.
Cons
  • Users are frustrated with payment issues, including difficulties in voiding payments and distinguishing client windows.
  • Users find the missing features in BILL AP/AR limiting, particularly with AI functionality and lack of customization options.
  • Users are frustrated by sync errors in BILL AP/AR that lack clarity and require support for resolution.
  • Users face invoicing problems with BILL AP/AR due to a confusing client window and issues with payment voids.
  • Users indicate that vendor management can be complicated, leading to errors and difficulties when handling transactions across systems.

What Are Recent G2 Reviews of BILL AP/AR?

What Are G2 Users Discussing About BILL AP/AR?

FAQs About Payment Processing Software

Generated using AI

Last updated: June 3, 2026

Which Payment Processing platforms have the lowest processing fees for high-volume transactions

Based on G2 reviews, these products are most often mentioned when buyers compare payment costs and transaction workflows.

Payment Processing software with comprehensive fraud detection and PCI compliance security features

According to verified users, security stands out most in reviews that mention fraud monitoring, encrypted payment details, account protection, and reduced exposure of card data during checkout. Buyers also highlight tools that help lower manual oversight through automated suspicious-activity checks and dispute support. Across recent reviews, secure checkout experiences, buyer confidence, and protection against chargebacks or unauthorized activity are recurring themes. At the same time, some reviewers note that stricter controls can lead to holds, verification delays, or extra documentation. For teams evaluating options, the strongest signals in G2 reviews center on protection, trust, and operational visibility rather than just speed alone.

Payment Processing tools that support multiple payment methods including ACH and bank transfers

According to verified users, flexibility across ACH, cards, bank transfers, payment links, and wallet-based options is a major buying factor. Reviews frequently describe teams using these tools to collect customer payments, pay vendors, support recurring billing, and simplify cross-border transactions from one platform. Buyers value products that reduce manual work by centralizing multiple payment methods while also syncing payment activity with accounting or invoicing workflows. Recent reviews also show that businesses care about how quickly funds settle and how clearly payment statuses are tracked. In practice, the strongest products in this category help teams offer more customer choice without creating more back-office complexity.

What are the most important features in payment processing software

According to verified users, the most important features in payment processing software are easy setup, secure checkout, support for multiple payment methods, and reliable fund tracking. Reviews also frequently mention integrations with accounting systems, ecommerce platforms, websites, and invoicing workflows as critical for reducing manual work. Other high-value capabilities include recurring billing, payment links, reporting, refunds, approval controls, and tools that help manage fraud or suspicious activity. For many buyers, usability matters as much as feature depth: they want clear dashboards, simple reconciliation, and fast access to payment history. Across recent reviews, teams consistently prioritize speed, visibility, and fewer steps for both staff and customers.

How do teams use Payment Processing for invoicing

According to verified users, teams often use payment processing tools to send invoices, collect payments through links or embedded checkout options, and track invoice status without switching systems. Reviews describe businesses using invoicing workflows for recurring billing, customer payment reminders, automatic transfers, and faster reconciliation with accounting tools. Many teams also value being able to store payment details, offer ACH or card options, and see when invoices are viewed or paid. In service-based businesses especially, invoicing is tied closely to cash flow management because it reduces back-and-forth with clients and shortens the time between sending a bill and receiving funds. Buyers repeatedly mention convenience, organization, and time savings.

Adyen Payments

Adyen is the financial technology platform of choice for leading businesses. Our customers include global enterprises such as Uber, Spotify, Microsoft, H&M, and Netflix. Our technology allows customers to focus on their core business while we handle the increasingly complex payment landscape. By providing end-to-end payments capabilities, data insights, and financial products in a single global solution, we help businesses achieve their ambitions faster. With a single integration, Adyen manages the entire payments lifecycle: from gateway and risk management to processing, issuing, acquiring, and settlement. Our unified platform enables businesses to get paid, manage funds, issue cards, and streamline global payouts without relying on third parties.

Average Rating: 4.0/5.0

Total Reviews: 41

How Do G2 Users Rate Adyen Payments?

  • Has the product been a good partner in doing business?: 9.1/10 (Category avg: 8.8/10)
  • Self Service Portal: 9.7/10 (Category avg: 8.6/10)
  • Level 3: 10.0/10 (Category avg: 7.8/10)
  • Accounting integration: 10.0/10 (Category avg: 8.4/10)

Who Is the Company Behind Adyen Payments?

  • Seller: Adyen
  • Year Founded: 2006
  • HQ Location: Amsterdam
  • LinkedIn® Page: www.linkedin.com
    5,601 employees on LinkedIn®
  • Ownership: AMS: ADYEN

Who Uses This Product?

  • Top Industries: Retail
  • Company Size: 39% Medium, 34% Large

What Do G2 Reviewers Say About Adyen Payments?

AI-generated summary from verified user reviews

Pros
  • Users appreciate the ease of use of Adyen Payments, finding it highly user-friendly and convenient for transactions.
  • Users value the efficiency of Adyen Payments, appreciating its organized features and smart routing capabilities.
  • Users find Adyen Payments to be intuitive and user-friendly, making transaction management a quick and simple process.
  • Users appreciate the reliability of Adyen Payments, benefiting from efficient search functionalities and effective transaction management.
  • Users appreciate the organized features of Adyen Payments, which enhance efficiency in managing transactions and reports.
Cons
  • Users often face technical issues with Adyen, including a confusing dashboard and component loading failures.
  • Users are frustrated by excessive fees, including monthly charges and unclear pre-authorisation costs that complicate transactions.
  • Users encounter software bugs and a non-intuitive dashboard, complicating data interpretation and payment processing.
  • Users often find authentication issues confusing, complicating the chargeback process and delaying support responses.
  • Users report billing issues including monthly charges despite inactivity and poor mobile app performance in Singapore.

What Are Recent G2 Reviews of Adyen Payments?

What Are G2 Users Discussing About Adyen Payments?

PayPal Checkout

PayPal Checkout helps businesses sell more and grow faster. It brings the payment methods shoppers already know and trust into one secure checkout, so you can convert more shoppers into buyers, reach new markets, and keep them coming back. From your first online order to global expansion, PayPal connects businesses of every size to a network of more than 400 million active PayPal accounts worldwide. PayPal Checkout is an online checkout solution that lets businesses accept PayPal, debit and credit cards, and a range of alternative payment methods through a single, secure integration, featuring shoppers' favorite ways to pay. It is built for businesses of all sizes, from independent retailers and small business to global enterprise merchants, and can be set up in just a few clicks. Start with a fast standard integration, or scale up to a fully customizable Expanded Checkout that supports 130+ currencies and additional methods like Apple Pay and Google Pay. Key features of PayPal Checkout: • Flexible ways to pay: PayPal, Venmo, Pay Later, major debit and credit cards, digital wallets like Apple Pay and Google Pay, and local payment methods around the world. • Built to drive conversion: Show shoppers a checkout they already trust to help convert more of them, lift average order value, and encourage repeat purchases. • Faster guest checkout: Speed shoppers through checkout with Fastlane by PayPal, which recognizes returning guests and fills in their details. • Reach shoppers worldwide: Accept payments across 200+ markets and 130+ currencies, letting shoppers pay in their currency while you get paid in yours. • Built-in protection: End-to-end encryption and 24/7 fraud monitoring, with Seller Protection included on eligible transactions at no additional cost (terms apply). • Manage payments in one place: Track sales and handle multiple payment methods and channels through a single PayPal account and reporting view. • Easy to integrate: Connect in a few clicks with 30+ leading ecommerce platforms, use PayPal's APIs and SDK for a custom build, or create a no-code payment link, button, or QR code. • Simple, transparent pricing: No monthly or setup fees. You only pay when you get paid.

Average Rating: 4.4/5.0

Total Reviews: 66

How Do G2 Users Rate PayPal Checkout?

  • Has the product been a good partner in doing business?: 9.8/10 (Category avg: 8.8/10)
  • Self Service Portal: 9.4/10 (Category avg: 8.6/10)
  • Accounting integration: 8.3/10 (Category avg: 8.4/10)

Who Is the Company Behind PayPal Checkout?

  • Seller: PayPal
  • Company Website:
  • Year Founded: 1998
  • HQ Location: San Jose, CA
  • LinkedIn® Page: www.linkedin.com
    38,773 employees on LinkedIn®
  • Ownership: PYPL

Who Uses This Product?

  • Company Size: 78% Small, 13% Medium

What Are Recent G2 Reviews of PayPal Checkout?

Nickel

Cashflow is the lifeblood of every American business, yet the financial services you rely on to move, save, and borrow money quietly bleed it. Nickel is a different kind of company. We're an all-in-one accounts payable (AP) and accounts receivable (AR) platform that gives your business the financial products, software, and AI it needs to grow its cashflow. We only succeed when you succeed, which is why we do the one thing our peers won't: we publish exactly how we make money on every product. It's not a marketing stunt. It's the most transparent payment processor you'll find, and a new bar for the industry. More than 25,000 B2B businesses, and the accountants who serve them, run their cashflow on Nickel with free unlimited ACH and some of the lowest fees in the industry. Here's what you can do with Nickel: Get paid faster, Accounts Receivable. Create branded payment links and payment portals in seconds and share them by text, email, or your website. Customers pay by card, ACH, or check, and they never need a Nickel account. Save payment methods on file with Nickel Plus to enable one-click and recurring payments. Pay vendors without the busywork, Accounts Payable. Pay any business, 1099 contractor, or individual by ACH, card, wire, or mailed check using just their email address. Set custom approval workflows so large payments always get the right sign-off. Keep more of every dollar, transparent by design. Free unlimited ACH with no per-transaction percentage and no volume cap, on the Nickel Core plan with no monthly fee. No chargeback fees and no hidden costs, plus a published breakdown of how we make money on every product. Competitive 2.9% flat-rate card processing on all domestic cards, with the option to pass card fees to the payer. Built to handle high-value B2B transactions up to $1M without a hitch on Nickel Plus. Stay in sync and in control. Native QuickBooks sync (Online, Desktop, and Enterprise) means every payment matches your books one-to-one, with no batch deposits and no double entry. A Master Account and Subaccount structure lets you manage multiple businesses or clients under a single login. Earn 2% APY on idle cash in Nickel Balance, accrued daily. Developers can build on Nickel's REST API and webhooks for ACH, card, and wire with Nickel Pro. Backed by AI and real humans. CC Penny, Nickel's AI accountant, on any email to coordinate and handle a payment for you. And when money's on the line, a US-based support team is ready to assist you. We're setting an audacious new bar for transparency in financial services, and we want you to hold us to it. Don't ever settle for less. Join 25,000+ businesses moving their money on Nickel. Get started for free in five minutes, with no credit card required.

Average Rating: 4.9/5.0

Total Reviews: 282

How Do G2 Users Rate Nickel?

  • Has the product been a good partner in doing business?: 9.8/10 (Category avg: 8.8/10)
  • Self Service Portal: 9.3/10 (Category avg: 8.6/10)
  • Level 3: 7.9/10 (Category avg: 7.8/10)
  • Accounting integration: 9.4/10 (Category avg: 8.4/10)

Who Is the Company Behind Nickel?

  • Seller: Nickel
  • Company Website:
  • Year Founded: 2022
  • HQ Location: Brooklyn, US
  • LinkedIn® Page: www.linkedin.com
    17 employees on LinkedIn®

Who Uses This Product?

  • Who Uses This: Owner, CEO
  • Top Industries: Construction, Accounting
  • Company Size: 87% Small, 4% Medium

What Do G2 Reviewers Say About Nickel?

AI-generated summary from verified user reviews

Pros
  • Users appreciate Nickel for its ease of use, enjoying a smooth and straightforward setup process with reliable service.
  • Users love Nickel for its free ACH transfers, which streamline payments and enhance cost-effectiveness for financial transactions.
  • Users find the easy setup of Nickel contributes positively to their overall user experience and satisfaction.
  • Users appreciate Nickel for its free ACH transfers, enhancing cost-effectiveness and streamlining financial transactions.
  • Users highlight the excellent customer support of Nickel, appreciating their responsiveness and helpfulness with inquiries.
Cons
  • Users note the missing features like tip options and customizable follow-ups, impacting overall usability and customer satisfaction.
  • Users struggle with invoicing problems including ineffective follow-ups, transaction deletion issues, and lack of future payment scheduling.
  • Users find that payment delays can be frustrating, as transfers take longer to appear in bank accounts.
  • Users desire more flexible international payment options like PayPal or Zelle, but find the current system adequate.
  • Users experience invoicing issues with Nickel, lacking key features like scheduled payments and invoice downloads before payment.

What Are Recent G2 Reviews of Nickel?

Stripe Payments

Stripe’s Payments platform helps you accept credit cards, debit cards, and popular payment methods around the world. Our easy-to-use APIs, no-code payments options, and software solutions enable you to launch a company, experiment to find product-market fit, and grow and scale revenue quickly. Learn more at stripe.com/payments.

Average Rating: 4.2/5.0

Total Reviews: 462

How Do G2 Users Rate Stripe Payments?

  • Has the product been a good partner in doing business?: 8.4/10 (Category avg: 8.8/10)
  • Self Service Portal: 8.8/10 (Category avg: 8.6/10)
  • Level 3: 8.1/10 (Category avg: 7.8/10)
  • Accounting integration: 8.6/10 (Category avg: 8.4/10)

Who Is the Company Behind Stripe Payments?

  • Seller: Stripe
  • Company Website:
  • Year Founded: 2010
  • HQ Location: San Francisco, CA
  • LinkedIn® Page: www.linkedin.com
    17,021 employees on LinkedIn®

Who Uses This Product?

  • Who Uses This: CEO, Owner
  • Top Industries: Computer Software, Information Technology and Services
  • Company Size: 78% Small, 17% Medium

What Do G2 Reviewers Say About Stripe Payments?

AI-generated summary from verified user reviews

Pros
  • Users highlight the ease of use of Stripe Payments, appreciating the quick setup and intuitive interface.
  • Users highlight the easy payment integration with Stripe Payments, praising its simplicity and quick transaction processing.
  • Users praise the easy integrations with websites and platforms, making payment processing straightforward and seamless.
  • Users value the easy integrations of Stripe Payments, noting its simple setup and global trustworthiness.
  • Users praise the easy setup of Stripe Payments, noting its seamless integration and intuitive interface for quick onboarding.
Cons
  • Users express concern over high fees associated with Stripe Payments that impact their overall cost and experience.
  • Users highlight the poor customer support of Stripe Payments, facing challenges when resolving issues and delays in assistance.
  • Users find the fees to be expensive, particularly detrimental for small companies making regular payments.
  • Users express concerns over payment issues, including double refunds, high fees, and lengthy fund holds with Stripe Payments.
  • Users are frustrated by delays in payout processing, as funds can take several days to appear in accounts.

What Are Recent G2 Reviews of Stripe Payments?

What Are G2 Users Discussing About Stripe Payments?

Stripe Terminal

Stripe Terminal allows businesses to build custom in-person payments experiences through a set of developer tools, pre-certified readers, Tap to Pay, and cloud-based fleet management. Built with platforms and modern retailers in mind, Terminal helps you unify your online and offline channels. Learn more at stripe.com/terminal.

Average Rating: 4.4/5.0

Total Reviews: 70

How Do G2 Users Rate Stripe Terminal?

  • Has the product been a good partner in doing business?: 8.4/10 (Category avg: 8.8/10)

Who Is the Company Behind Stripe Terminal?

  • Seller: Stripe
  • Year Founded: 2010
  • HQ Location: San Francisco, CA
  • LinkedIn® Page: www.linkedin.com
    17,021 employees on LinkedIn®

Who Uses This Product?

  • Top Industries: Computer Software, Non-Profit Organization Management
  • Company Size: 63% Small, 15% Medium

What Do G2 Reviewers Say About Stripe Terminal?

AI-generated summary from verified user reviews

Pros
  • Users appreciate the ease of use of Stripe Terminal, making in-person payment processing quick and seamless.
  • Users find the payment processing with Stripe Terminal to be easy, reliable, and seamlessly integrated with other systems.
  • Users commend the ease of setup with Stripe Terminal, allowing quick and seamless payment processing for their businesses.
  • Users appreciate the speed and smoothness of Stripe Terminal, enhancing the payment experience for both teams and customers.
  • Users love the easy integrations with Stripe Terminal, appreciating its seamless connection to various platforms and services.
Cons
  • Users find the pricing structure expensive, especially for small businesses, impacting affordability when starting out.
  • Users find the setup difficulty of Stripe Terminal challenging, requiring extensive knowledge and complicating device management for new team members.
  • Users find poor customer support a hindrance, often experiencing slow responses and delays in assistance.
  • Users find limited customization options with Stripe Terminal, affecting setup flexibility and efficiency for specific needs.
  • Users are frustrated with the high fees associated with Stripe Terminal, particularly during frequent transactions and foreign currency exchanges.

What Are Recent G2 Reviews of Stripe Terminal?

What Are G2 Users Discussing About Stripe Terminal?

AtoB

AtoB offers financial services for fleets and logistics businesses: more profit, instant payments and generous credit.

Average Rating: 4.9/5.0

Total Reviews: 49

How Do G2 Users Rate AtoB?

  • Has the product been a good partner in doing business?: 10.0/10 (Category avg: 8.8/10)

Who Is the Company Behind AtoB?

  • Seller: AtoB
  • Company Website:
  • Year Founded: 2019
  • HQ Location: San Francisco, California, United States
  • LinkedIn® Page: www.linkedin.com
    183 employees on LinkedIn®

Who Uses This Product?

  • Who Uses This: Owner, CEO
  • Top Industries: Transportation/Trucking/Railroad
  • Company Size: 92% Small, 2% Medium

What Are Recent G2 Reviews of AtoB?

checkout.com

Checkout.com is a cloud-based payments platform – and their mission is to enable businesses and their communities to thrive in the digital economy. Checkout.com’s modular technology allows businesses to add features, manage risk while protecting conversion – and add new payment methods to power growth in new markets. Their local teams in multiple countries offer on-the-ground support to help merchants improve payments performance, navigate regulation and switch on new business models with ease. Checkout.com boasts fast, reliable payments and payouts in more than 150+ currencies, with in-country acquiring, fraud filters and reporting through one API. Checkout.com can accept all major international credit and debit cards, as well as popular alternative and local payment methods. Headquartered in London, Checkout.com currently has 19 offices spread across North America, South America, Europe, MENA and Asia Pacific.

Average Rating: 4.6/5.0

Total Reviews: 70

How Do G2 Users Rate checkout.com?

  • Has the product been a good partner in doing business?: 9.2/10 (Category avg: 8.8/10)
  • Self Service Portal: 8.8/10 (Category avg: 8.6/10)
  • Level 3: 8.5/10 (Category avg: 7.8/10)
  • Accounting integration: 7.9/10 (Category avg: 8.4/10)

Who Is the Company Behind checkout.com?

  • Seller: Checkout.com
  • Year Founded: 2012
  • HQ Location: London, United Kingdom
  • LinkedIn® Page: www.linkedin.com
    2,479 employees on LinkedIn®

Who Uses This Product?

  • Top Industries: Financial Services, Retail
  • Company Size: 41% Medium, 34% Small

What Do G2 Reviewers Say About checkout.com?

AI-generated summary from verified user reviews

Pros
  • Users commend the responsive and knowledgeable customer support, facilitating smooth and efficient problem resolution.
  • Users appreciate the ease of use of Checkout.com, finding it simple and efficient for managing payments.
  • Users appreciate the quick and secure transaction processing of Checkout.com, boosting confidence for businesses and customers alike.
  • Users highlight the easy and user-friendly payment process of Checkout.com, enhancing efficiency and reliability in transactions.
  • Users appreciate the reliability of Checkout.com, enjoying its smooth performance and clear visibility in transactions.
Cons
  • Users find the limited features of Checkout.com hinder their experience, especially in analytics and reporting tools.
  • Users find the missing features in Checkout.com restrict their ability to utilize the platform effectively.
  • Users find the service to be expensive, particularly with additional costs for features and less competitive pricing.
  • Users find the customer support response slow, leading to frustration, especially for smaller issues and queries.
  • Users face frustrating delays in reporting and support responses, complicating transaction reconciliations and overall efficiency.

What Are Recent G2 Reviews of checkout.com?

What Are G2 Users Discussing About checkout.com?

8am CPACharge

8am CPACharge is trusted by the AICPA, 35+ state CPA societies and more than 150,000 professionals as the best payment solution for CPAs, Enrolled Agents and Accountants—providing a simple, secure way for accounting firms to accept client credit, debit, and eCheck payments from anywhere at anytime. With next-day payments, you can keep cash flow predictable and your firm moving forward without delays.

Average Rating: 4.7/5.0

Total Reviews: 122

How Do G2 Users Rate 8am CPACharge?

  • Has the product been a good partner in doing business?: 9.5/10 (Category avg: 8.8/10)
  • Self Service Portal: 9.4/10 (Category avg: 8.6/10)
  • Level 3: 7.5/10 (Category avg: 7.8/10)
  • Accounting integration: 8.0/10 (Category avg: 8.4/10)

Who Is the Company Behind 8am CPACharge?

  • Seller: 8am
  • Company Website:
  • Year Founded: 2005
  • HQ Location: N/A
  • LinkedIn® Page: www.linkedin.com
    741 employees on LinkedIn®

Who Uses This Product?

  • Who Uses This: Owner, CPA
  • Top Industries: Accounting
  • Company Size: 98% Small, 2% Medium

What Do G2 Reviewers Say About 8am CPACharge?

AI-generated summary from verified user reviews

Pros
  • Users value the ease of use of 8am CPACharge, finding integration and billing straightforward and quick.
  • Users value the easy payments feature of 8am CPACharge, streamlining invoicing and enhancing client satisfaction effortlessly.
  • Users appreciate the payment efficiency of 8am CPACharge, facilitating quicker client payments and easier cash flow management.
  • Users appreciate the easy invoicing integration of 8am CPACharge, enhancing billing efficiency and client satisfaction.
  • Users praise the quick and helpful customer support, ensuring smooth invoicing and billing management for clients.
Cons
  • Users are frustrated by the billing issues, including unexpected fees and challenges in predicting monthly costs.
  • Users face payment issues with CPACharge, including high fees and unreliable transaction processing, leading to customer frustrations.
  • Users find the high fees of 8am CPACharge to be a significant drawback compared to other providers.
  • Users find that email integration lacks clarity and full functionality, complicating invoice generation and transaction processes.
  • Users find the cost of CPACharge to be quite high, especially with additional fees compared to other providers.

What Are Recent G2 Reviews of 8am CPACharge?

What Are G2 Users Discussing About 8am CPACharge?

Talentir

Talentir runs global payouts, carries the liability, and makes them profitable. When money is owed, the payout starts automatically, passes your approval step and arrives in the recipient's preferred method and currency within seconds.

Average Rating: 4.7/5.0

Total Reviews: 56

How Do G2 Users Rate Talentir?

  • Has the product been a good partner in doing business?: 9.6/10 (Category avg: 8.8/10)
  • Self Service Portal: 10.0/10 (Category avg: 8.6/10)
  • Accounting integration: 5.0/10 (Category avg: 8.4/10)

Who Is the Company Behind Talentir?

Who Uses This Product?

  • Top Industries: Marketing and Advertising, Information Technology and Services
  • Company Size: 91% Small, 7% Medium

What Are Recent G2 Reviews of Talentir?

Birdeye

Birdeye builds AI coworkers for multi-location brands — trusted by the world's largest enterprise brands, including Aspen Dental, Sun Auto, and Caesars Entertainment. We give you AI coworkers at every location, across marketing, operations, and customer experience, that own the jobs your business needs done: winning AI visibility, booking appointments, and driving consistent CX. AI Coworkers → Own the Jobs Jay (marketing), Myna (operations), and Robin (customer experience) own the work across your locations — from AI search visibility, reviews, listings, and social, to front desk and appointment booking, to surveys, ticketing, and insights. An agent carries out an action, but it doesn't own an outcome. A coworker holds a job. Agents give you capacity; coworkers give you ownership. Your team manages three coworkers instead of thirty agents — and the work gets done at every location, without stretching anyone thinner. Agents → Do the Work Each coworker orchestrates multiple agents that work together to complete a job, and how those agents work is what makes us different. Most software tells you what's happening; ours decides what to do and does it. That runs on BirdAI, our Agent OS: it consolidates every signal across every location, whether it lives in Birdeye or one of your 3,000+ integrations; reasons with your industry, brand, and location context, backed by 13 years of multi-location data infrastructure; and acts — autonomously or with a human in the loop, your call per workflow. So one review, one campaign, one missed call becomes a finished outcome, not a line item in a dashboard. Enterprise-Ready → Built for Scale SSO, audit logging, HIPAA, SOC 2, and GDPR. Role-based access, tiered approvals, and location-level reporting give corporate and local teams the control they need — so you stay in control while AI handles execution across hundreds of locations. With teams across the U.S., U.K., Australia, and India, Birdeye serves multi-location brands in healthcare, dental, restaurants, financial services, auto, retail, and property management.

Average Rating: 4.7/5.0

Total Reviews: 4,189

How Do G2 Users Rate Birdeye?

  • Has the product been a good partner in doing business?: 9.4/10 (Category avg: 8.8/10)
  • Self Service Portal: 9.0/10 (Category avg: 8.6/10)
  • Level 3: 8.5/10 (Category avg: 7.8/10)
  • Accounting integration: 8.5/10 (Category avg: 8.4/10)

Who Is the Company Behind Birdeye?

  • Seller: Birdeye
  • Company Website:
  • Year Founded: 2012
  • HQ Location: Palo Alto, CA
  • LinkedIn® Page: www.linkedin.com
    1,477 employees on LinkedIn®

Who Uses This Product?

  • Who Uses This: Marketing Manager, Owner
  • Top Industries: Hospital & Health Care, Real Estate
  • Company Size: 46% Small, 34% Medium

What Do G2 Reviewers Say About Birdeye?

AI-generated summary from verified user reviews

Pros
  • Users find the interface intuitive and easy to navigate, making everyday tasks simple to learn and use.
  • Users value the responsive, helpful support team for quickly answering questions and assisting with their needs.
  • Users value straightforward messaging tools for quickly connecting with customers and keeping conversations organized.
  • Users like how automation streamlines recurring tasks and reduces manual work, saving time for their teams.
  • Users like how easy review requests help them collect more customer reviews.
Cons
  • Users find navigation unintuitive and clunky, with features and settings sometimes difficult to locate.
  • Users find the pricing high for the value, with costs limiting access for smaller teams and multi-location businesses.
  • Users report limited integrations, difficult setup, and connections that sometimes fail or break.
  • Users report platform glitches, bugs, freezes, and occasional downtime that disrupt use.
  • Users report slow support responses and difficulty reaching someone who can resolve issues.

What Are Recent G2 Reviews of Birdeye?

What Are G2 Users Discussing About Birdeye?

QuickBooks Payments

QuickBooks Payments is a comprehensive payment processing solution designed to streamline how businesses accept and manage payments.Integrated seamlessly with QuickBooks accounting software, it enables an all in one solution to accept various online and in person payment methods, including credit and debit cards, ACH bank transfers, Apple Pay®, PayPal, and Venmo. This integration ensures that all invoice, Tap to Pay, and card reader transactions are automatically recorded and reconciled, reducing manual data entry and minimizing errors. QuickBooks Payments provides seamless integration with QuickBooks accounting software, automatically syncing payment data with financial records. Offers flexible payment options including in-person, online, and mobile payments with competitive processing rates. Disclaimers: 1) Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services. For details about our money transmission licenses, or for Texas customers with complaints about our service, please visit https://www.intuit.com/legal/licenses/payment-licenses/. 2) Quickbooks Payments Disclaimer: QuickBooks Payments: QuickBooks Payments account subject to eligibility criteria, credit, and approval. Subscription to QuickBooks Online required. Not available in U.S. territories or outside the U.S. Key Features and Functionality: - Automated Invoicing: Create and send invoices that customers can pay online immediately. The system supports recurring invoices, payment reminders, and real-time tracking of invoice status. - Flexible Payment options: Businesses can accept payments in multiple ways—online with credit cards, debit cards, ACH, Apple Pay®, PayPal, and Venmo, and in-person using the QuickBooks mobile app through Tap to Pay** and the card reader. (Disclaimer: **Not available on Android devices). - Time saving automation: books update with every payment through QuickBooks.* Reduce the time spent on matching by 60%.** (Disclaimers: *Automatic Matching: QuickBooks will only match bank deposits with transactions processed through QuickBooks Payments. Not all transactions are eligible.; **Reduce time you spend matching payments by 60%: Calculation based on a comparison of total monthly QuickBooks Payments transactions with those that were automatically categorized.) - Competitive Rates: QuickBooks Payments offers transparent pricing with no setup costs or hidden fees. Transaction rates vary based on the payment method and processing type, ensuring businesses can choose the most cost-effective options. - Deposits on estimates: Lock in projects faster with instantly payable deposits. Simply send an estimate, and customers approve with a deposit. - Recurring payments: automate payments with a one time set up that charges customers on a set schedule. - Next day deposits*: Eligible payments are deposited into the business’s bank account the next business day—or instantly for an extra 1.75% fee.** (Disclaimers: *Next-day Deposit: Next-day deposit feature subject to eligibility criteria. Payments processed before 3:00 PM PT typically arrive at your bank the next business day (excluding weekends and holidays). Deposit times may vary for other payment methods, third party delays or risk reviews.; **Instant Deposit disclaimer: Instant Deposit: Additional 1.75% processing fee applies to payments not deposited into a QuickBooks Checking account. Deposits are typically sent within 30 minutes. Deposit times may vary due to third party delays.) - Chargeback Protection: The service provides automatic protection on credit and debit card disputes, covering up to $25,000 per year—$10,000 per dispute on card payments. Primary Value and Solutions Provided: QuickBooks Payments simplifies the payment process for businesses, enabling them to get paid faster and manage cash flow more effectively. By offering an all in one solution to accept online and in person payment methods and automating invoicing and reconciliation, it reduces administrative tasks and the potential for errors. The integration with QuickBooks accounting software ensures that all financial data is centralized, providing a clear and accurate financial picture. Additionally, features like chargeback protection and competitive rates offer businesses peace of mind and cost savings.

Average Rating: 4.1/5.0

Total Reviews: 55

How Do G2 Users Rate QuickBooks Payments?

  • Has the product been a good partner in doing business?: 8.3/10 (Category avg: 8.8/10)
  • Self Service Portal: 7.8/10 (Category avg: 8.6/10)
  • Level 3: 6.7/10 (Category avg: 7.8/10)
  • Accounting integration: 7.8/10 (Category avg: 8.4/10)

Who Is the Company Behind QuickBooks Payments?

  • Seller: Intuit
  • Company Website:
  • Year Founded: 1983
  • HQ Location: Mountain View, California
  • LinkedIn® Page: www.linkedin.com
    15,963 employees on LinkedIn®
  • Ownership: VIE:INTU

Who Uses This Product?

  • Who Uses This: Owner
  • Top Industries: Accounting
  • Company Size: 90% Small, 8% Medium

What Do G2 Reviewers Say About QuickBooks Payments?

AI-generated summary from verified user reviews

Pros
  • Users appreciate the ease of use of QuickBooks Payments, benefiting from seamless integration and effortless transaction management.
  • Users love the seamless integration of QuickBooks Payments with QuickBooks for effortless bookkeeping and cash flow management.
  • Users praise the customer support of QuickBooks Payments for its responsiveness and helpfulness in resolving issues.
  • Users appreciate the easy integrations of QuickBooks Payments, ensuring seamless coordination between invoicing, payments, and accounting.
  • Users appreciate the easy payments integration with QuickBooks, simplifying bookkeeping and enhancing cash flow management effortlessly.
Cons
  • Users find the expensive fees a burden, especially when handling larger transactions through QuickBooks Payments.
  • Users report poor customer support from QuickBooks Payments, facing unhelpful responses and opaque processes regarding payment holds.
  • Users warn about funds being held arbitrarily, causing significant cash flow issues without clear communication or recourse.
  • Users find the high fees associated with QuickBooks Payments burdensome, especially for larger transactions.
  • Users report inefficient management with QuickBooks Payments, experiencing unhelpful support and unexplained payment holds affecting cash flow.

What Are Recent G2 Reviews of QuickBooks Payments?

What Are G2 Users Discussing About QuickBooks Payments?

Subhransu Sahu
SS
Researched and written by Subhransu Sahu
Updated April 9, 2026

Payment Processing Topics

Expand/Collapse

Learn More About Payment Processing Software

What is Payment Processing Software?

Payment processing software powers credit and debit card purchases. When customers make a purchase online, they enter their payment and shipping information into a payment gateway. The payment gateway gives that payment information to the payment processor, which then communicates with both the customer’s and merchant’s banks to complete the transaction. The transaction’s success or failure is reported back to the payment gateway and the customer. In a brick-and-mortar store, a customer’s credit or debit card is swiped into a point of sale (POS) system, which communicates with a payment processor to approve or deny the purchase. Many payment processors charge a fee for each transaction based on the size of the purchase.

Some payment processors have an embedded payment gateway or POS system to create a seamless experience. Any time a credit or debit transaction is attempted, a payment processor is needed. With the rise of digital wallets, payment processors have expanded their functionality to include digital currency and the transfer of money from a source such as Venmo or PayPal to an e-commerce or brick-and-mortar store. Some can process an e-check or set up recurring payments.

Key Benefits of Payment Processing Software

  • Processing payments made by credit, debit, and gift cards as well as digital wallets
  • Creating a seamless experience for customers
  • Determining whether or not payment is valid before fulfilling an order or completing a transaction
  • Communicating with a variety of banks to accept payment from anywhere in the world

Why Use Payment Processing Software?

Security — Payment information is extremely sensitive, so it needs protection. Payment processing software is held to high security standards to protect this sensitive information.

Scalability — A small business can use the same payment processor as a large enterprise, with little difference in functionality. Payment processors operate behind the scenes, and companies pay fees to use them. If a small business picks the right payment processor when it starts out, it may never need to change payment processors as their needs increase. Some payment processors handle billing and invoicing, so some internal processes are covered.

Flexibility — Most payment processors handle a wide variety of payments. All payment processors process credit and debit cards, but more are accepting payments from digital wallets, cryptocurrencies, and electronic checks. Some facilitate automatic payments to provide consumers and merchants an added convenience of regular payments. The more options provided to the consumer, the more opportunities a merchant has to make a sale, so it’s in a business’ best interest to utilize a payment processor with a variety of features.

Who Uses Payment Processing Software?

E-commerce businesses — E-commerce businesses rely on payment processing software because that is how they receive all payments. Payment processors integrate with the payment gateway an online business uses or the payment processor has its own payment gateway. Some e-commerce platforms have built-in gateways or processors, eliminating the need to choose a specific one.Because payment processors typically charge fees for each transaction, an e-commerce business needs to be mindful of the processor they choose because all their transactions are carried out by the payment processor.

Brick-and-mortar businesses — Brick-and-mortar businesses use payment processors to process credit cards and other non-cash payments. Typically, a processor is integrated with the POS system used by the store, but an all-in-one POS system might include a payment processor. Since most shoppers use some kind of card to make purchases, a payment processor is a necessity.

Business to business businesses — Every business collects payments in one form or another but businesses that cater to serving other businesses have a unique challenge. Some payment processors are equipped to accept e-checks and lines of credit, and integrate with billing and invoicing software to ensure payments are made and the proper documentation is created. Recurring and automatic payments are useful if a business functions on a subscription model.

Payment Processing Software Features

Encryption — Credit card and other payment information is extremely sensitive and must be protected from hackers and other threats. A good payment processor has strong encryption and likely more than one type of encryption to keep both customer and merchant data safe. If data is stolen the consequences can be dire for a business.

Reports and analytics — Some payment processors provide regular reports based on activity. This helps financial management import payment into analytics software. Knowing how customers make payments and ensuring they match a business’ revenue is crucial.

Processing fees — Many payment processors function by adding a small fee to each transaction. This is often a flat fee plus a percentage of the actual purchase. Some processors have different fee structures, but fees are nearly universal. Fee amounts vary slightly depending on the processor or based on the type of payment used.

E-commerce integration — Payment processor integration into e-commerce stores creates a seamless experience for customers when shopping online. Shoppers input both their payment information and their shipping information at the same time, and the business receives payment and all relevant information to fulfill the order quickly.

POS integration — For storefronts, payment processors integrated with a POS system create a seamless and quick checkout process so the stores receive payment on the spot and customers walk out with their purchase.

Payment methods — More payment methods accepted by a payment processor, means more customers. This includes mobile payments and cryptocurrencies like Bitcoin. Many payment processors accept certain credit cards or work with specific currencies.

Additional Payment Processing Features

E-signatures — Some payment processors allow users to digitally sign (usually using a finger to write) their credit card purchase. This provides added security measures and prevents fraud. This is typically a feature of mobile and tablet-based POS systems integrated with a payment processor. E-commerce purchases do not typically require a signature because they cross-check billing addresses and the security code on the credit card.

Receipts — Some POS systems generate digital or physical receipts. This allows both the merchant and the customer to maintain records. Online purchases use email receipts that can be printed if necessary. For in-store purchases, digital receipts can be emailed or texted.

Card readers — For physical purchases using a credit card, a card reader is important for streamlining the process. It’s much faster to swipe a card or read the chip than manually input the credit card information. Many tablet-based POS systems have a stand that includes a card reader, but for those using a mobile phone, some kind of mobile reader is required. These may plug directly into the phone or connect via Bluetooth.