# Best Payment Processing Software - Page 14 *By [Subhransu Sahu](https://research.g2.com/insights/author/subhransu-sahu)* Payment processing software helps businesses securely handle and track business-to-business (B2B) payments from customers and to suppliers. It supports any organization that accepts non-cash payments by ensuring transactions are timely, accurate, and integrated with downstream financial systems. ### Core Capabilities of Payment Processing Software To qualify for inclusion in the Payment Processing category, a product must: - Collect customer payment information and relay it to a bank for approval or denial - Transmit approval or denial of a transaction back to the customer or merchant - Support multiple payment methods such as credit card, ACH, or wire transfer - Define and track customizable payment rules, terms, and deadlines - Identify errors such as late payments, overpayments, or failed transactions - Integrate with ERP, accounting, or accounts receivable and accounts payable systems ### How Payment Processing Software Differs from Other Tools Payment processing software focuses on secure transaction handling and status verification, working closely with related tools such as [payment gateways](https://www.g2.com/categories/payment-gateways), [accounting software](https://www.g2.com/categories/accounting), [AP automation software](https://www.g2.com/categories/ap-automation), [e-commerce platforms](https://www.g2.com/categories/e-commerce-platforms), and [retail POS systems](https://www.g2.com/categories/retail-pos). Its distinguishing value lies in managing payment execution and error identification across diverse payment methods. ### Insights from G2 on Payment Processing Software Based on category trends on G2, the importance of reliable transaction approval, seamless integrations, and accurate detection of payment issues to maintain smooth financial operations. ## Category Overview **Total Products under this Category:** 539 ## Trust & Credibility Stats **Why You Can Trust G2's Software Rankings:** - 30 Analysts and Data Experts - 20,700+ Authentic Reviews - 539+ 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. ## Best Payment Processing Software At A Glance - **Leader:** [PayPal Payments](https://www.g2.com/products/paypal/reviews) - **Highest Performer:** [Skyline Payments](https://www.g2.com/products/skyline-payments/reviews) - **Easiest to Use:** [Nickel](https://www.g2.com/products/nickel/reviews) - **Top Trending:** [Nickel](https://www.g2.com/products/nickel/reviews) - **Best Free Software:** [BILL AP/AR](https://www.g2.com/products/bill-ap-ar/reviews) --- **Sponsored** ### 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. [Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list&secure%5Bcategory_id%5D=1975&secure%5Bdisplayable_resource_id%5D=1975&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=1975&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=113232&secure%5Bresource_id%5D=1975&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fpayment-processing%3Futf8%3D%25E2%259C%2593&secure%5Btoken%5D=3766ec2107f9c2d00ed17932f9255325a2075a557e8139999e8a0438a1aa5eb6&secure%5Burl%5D=https%3A%2F%2Fwww.8am.com%2Flanding%2Fcpacharge%2F%3Futm_campaign%3Dcpa-evergreen-g2clicks%26utm_medium%3Dreview%26utm_source%3Dg2&secure%5Burl_type%5D=book_demo) --- ## Top-Rated Products (Ranked by G2 Score) ### 1. [EmailedChecks](https://www.g2.com/products/emailedchecks/reviews) Emailed Checks is a fintech platform that enables users to send and receive checks digitally via email, removing the hassle of physical checks. The service allows instant deposits without visiting a bank, making it ideal for businesses, freelancers, and individuals **Seller Details:** - **Seller:** [AchTransfers](https://www.g2.com/sellers/achtransfers) - **Year Founded:** 2008 - **HQ Location:** Tempe, US - **LinkedIn® Page:** https://www.linkedin.com/company/checkissuing (7 employees on LinkedIn®) ### 2. [EML payments](https://www.g2.com/products/eml-payments/reviews) Creating global payment solutions **Seller Details:** - **Seller:** [EML Payments](https://www.g2.com/sellers/eml-payments) - **Year Founded:** 2001 - **HQ Location:** Brisbane City, Queensland, Australia - **LinkedIn® Page:** https://linkedin.com/company/emlpayments (657 employees on LinkedIn®) - **Ownership:** ASX: EML ### 3. [EMS](https://www.g2.com/products/electronic-merchant-systems-ems/reviews) EMSplus is the simplest and most cost-effective mobile payment solution for any type of business, big or small. **Seller Details:** - **Seller:** [Electronic Merchant Systems](https://www.g2.com/sellers/electronic-merchant-systems) - **Year Founded:** 1988 - **HQ Location:** Cleveland, US - **Twitter:** @EMSplus (4,035 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/emscorporate/ (408 employees on LinkedIn®) ### 4. [E-NACH & M-NACH Solution](https://www.g2.com/products/e-nach-m-nach-solution/reviews) E-NACH & M-NACH Solution is a digital mandate management system used to automate recurring payments directly from customer bank accounts. It enables businesses to collect EMIs, subscriptions, and utility payments securely while ensuring RBI compliance, faster approvals, and reduced manual intervention. **Seller Details:** - **Seller:** [AOPAY Technology](https://www.g2.com/sellers/aopay-technology) - **Year Founded:** 2019 - **HQ Location:** Delhi, IN - **LinkedIn® Page:** https://www.linkedin.com/company/aopay-technology/ (1 employees on LinkedIn®) ### 5. [Enso](https://www.g2.com/products/enso/reviews) Enso is one of the global leaders in providing high‑fidelity threat intelligence and best‑in‑class anti‑fraud solutions **Seller Details:** - **Seller:** [Enso Security](https://www.g2.com/sellers/enso-security) - **HQ Location:** Boston, Massachusetts, United States - **LinkedIn® Page:** https://www.linkedin.com/company/enso-security/ (1,331 employees on LinkedIn®) ### 6. [Epayu](https://www.g2.com/products/epayu/reviews) Epayu Digital Kreatif, provides an innovation service and digital payment solution to help all your business needs. **Seller Details:** - **Seller:** [Epayu Digital Kreatif](https://www.g2.com/sellers/epayu-digital-kreatif) - **Year Founded:** 2019 - **HQ Location:** Kab. Sukoharjo, ID - **LinkedIn® Page:** https://www.linkedin.com/company/pt-epayu-digital-kreatif/ (2 employees on LinkedIn®) ### 7. [Epoch](https://www.g2.com/products/epoch-2023-09-13/reviews) Epoch.com, LLC, established in 1996 and headquartered in Santa Monica, California, is an Internet Payment Service Provider specializing in online payment processing for subscription-based websites. The company offers a comprehensive suite of services, including billing, password management, fraud prevention, customer support, and marketing tools, enabling online businesses to accept payments without the need for their own merchant accounts. Key Features and Functionality: - Billing Services: Processes credit card, debit card, and electronic check transactions, facilitating seamless payment experiences for users. - Password Management: Ensures secure access to subscription content through robust password management systems. - Fraud Prevention: Implements advanced measures to detect and prevent fraudulent activities, safeguarding both merchants and consumers. - Customer Support: Provides 24/7 assistance to both merchants and end-users, addressing billing inquiries and technical issues. - Marketing and Retention Tools: Offers tools designed to assist merchants in acquiring and retaining customers, enhancing overall business performance. Primary Value and User Solutions: Epoch's primary value lies in its ability to streamline the payment process for subscription-based online businesses. By offering a comprehensive suite of services, including billing, fraud prevention, and customer support, Epoch enables merchants to focus on their core offerings without the complexities of managing payment systems. This not only enhances operational efficiency but also improves the user experience by ensuring secure and reliable transactions. Additionally, Epoch's marketing and retention tools aid businesses in customer acquisition and retention, contributing to sustained growth and profitability. **Seller Details:** - **Seller:** [Epoch](https://www.g2.com/sellers/epoch) - **Year Founded:** 2020 - **HQ Location:** San Francisco, CA - **LinkedIn® Page:** https://www.linkedin.com/company/epochapp/ (41 employees on LinkedIn®) ### 8. [equensWorldline](https://www.g2.com/products/equensworldline/reviews) Integrated Payment Software Solutions **Seller Details:** - **Seller:** [equensWorldline](https://www.g2.com/sellers/equensworldline) - **HQ Location:** Puteaux, Île-de-France, France - **LinkedIn® Page:** https://www.linkedin.com/company/worldlineglobal (15,667 employees on LinkedIn®) ### 9. [eSocket.POS](https://www.g2.com/products/esocket-pos/reviews) eSocket.POS is a sophisticated payments authorization system that offloads all payment processing functions from the POS, enabling retailers to preserve investments, support the latest POS systems capabilities and limit their PCI-DSS scope. **Seller Details:** - **Seller:** [ACI Worldwide](https://www.g2.com/sellers/aci-worldwide) - **Year Founded:** 1975 - **HQ Location:** Coral Gables, US - **Twitter:** @ACI_Worldwide (8,612 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/5063 (4,935 employees on LinkedIn®) - **Ownership:** NASDAQ: ACIW ### 10. [Estel Merchant Payment Solutions](https://www.g2.com/products/estel-merchant-payment-solutions/reviews) Estel's Merchant Payment Solutions, notably the MultiPay platform, offer a comprehensive and secure system for merchants to accept a wide array of digital payment methods through a single interface. This solution is designed to streamline payment processes, reduce operational complexities, and enhance customer satisfaction by accommodating various payment preferences. Key Features and Functionality: - Unified Payment Acceptance: Supports multiple payment methods, including credit and debit cards, mobile wallets, QR codes, and contactless payments, all through a single application. - Cross-Platform Accessibility: The MultiPay application is compatible with most smartphones, enabling merchants to use their existing devices for payment processing. - Robust Security Measures: Ensures end-to-end security with Point-to-Point Encryption (P2PE, safeguarding transactions from the card reader to the mobile app and beyond. - Real-Time Management: Provides merchants with real-time control over transactions, refunds, and access to comprehensive reports via the Merchant Mobile App and Web Portal. - Customizable Receipts: Offers flexibility in receipt delivery through email, SMS, or optional Bluetooth printers, catering to diverse merchant and customer preferences. Primary Value and User Solutions: Estel's Merchant Payment Solutions address the challenges merchants face in managing multiple payment devices and methods. By consolidating various digital payment options into a single, user-friendly platform, merchants can: - Enhance Operational Efficiency: Reduce the need for multiple devices, leading to cost savings and simplified operations. - Improve Customer Experience: Offer customers their preferred payment methods, increasing satisfaction and loyalty. - Promote a Cashless Economy: Facilitate the transition to digital payments, contributing to broader financial inclusion and economic growth. In summary, Estel's Merchant Payment Solutions empower merchants to embrace digital payments seamlessly, optimize their operations, and meet the evolving demands of today's consumers. **Seller Details:** - **Seller:** [Estel Telecom](https://www.g2.com/sellers/estel-telecom) - **Year Founded:** 1997 - **HQ Location:** Gurgaon, IN - **LinkedIn® Page:** https://www.linkedin.com/company/estel-technologies/ (189 employees on LinkedIn®) ### 11. [etransfer](https://www.g2.com/products/etransfer/reviews) Accept Credit Card and ACH payments from your website, Facebook and face-to-face **Seller Details:** - **Seller:** [EFT](https://www.g2.com/sellers/eft) - **Year Founded:** 1979 - **HQ Location:** Virginia Beach, US - **LinkedIn® Page:** https://www.linkedin.com/company/eft-corporation (11 employees on LinkedIn®) ### 12. [Exactly.com](https://www.g2.com/products/exactly-com/reviews) The main drive of Exactly payment system is to be an ideal financial instrument, focused on exactly your payment needs **Seller Details:** - **Seller:** [Exactly](https://www.g2.com/sellers/exactly) - **Year Founded:** 2019 - **HQ Location:** St Albans, GB - **LinkedIn® Page:** https://www.linkedin.com/company/exactlycom (50 employees on LinkedIn®) ### 13. [Exact Payments](https://www.g2.com/products/e-xact-transactions-exact-payments/reviews) With cloud POS at your disposal, processing card-present, mail-order or phone-order transactions is simple. **Seller Details:** - **Seller:** [E-xact Transactions](https://www.g2.com/sellers/e-xact-transactions) - **HQ Location:** N/A - **Twitter:** @e_xact (22 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 14. [Exact Payments](https://www.g2.com/products/exact-payments/reviews) Exact Payments is an expert in embedded payment solutions, enabling SaaS businesses to monetize payments through its turnkey PayFac-as-a-Service solution. Exact handles the heavy lifting of payment operations so software businesses can grow their revenue and valuation while improving product stickiness and customer satisfaction. Today the company processes \>1 billion transactions and $130bn+ in annual payment volume for prominent customers, including Fiserv, Ordway, Cineplex, Allianz, Levi’s, and Carfax. Exact’s leadership team is a group of payments industry veterans who came together based on a shared vision for building payment technology which propels digital commerce for clients and partners. At the foundation of our strategy is the belief that payments seamlessly integrated into software platforms enables the creation of new and better customer buying experiences. Starting with our open developer portal, full-stack sandbox environment, and 24/7 technical support team of experienced engineers with deep product knowledge, Exact is committed to delivering fully on each client’s expectations and vision for their own business. Our investors are led by Platform Partners LLC, a private holding company headquartered in Houston, TX. The company completed a recent investment round in November 2020 with Platform taking the lead position. With this latest investment, Rahul Gupta agreed to join the board, serving as its chairman. Rahul is a widely respected leader in financial services technology, having served in senior executive roles throughout his distinguished career, including most recently at RevSpring and Fiserv. **Seller Details:** - **Seller:** [Exact Payments](https://www.g2.com/sellers/exact-payments) - **Year Founded:** 1999 - **HQ Location:** Scottsdale, US - **LinkedIn® Page:** https://www.linkedin.com/company/exactpayments (16 employees on LinkedIn®) ### 15. [Exela Payment Operations](https://www.g2.com/products/exela-payment-operations/reviews) From optimized billing, statements, and ePresentment solutions, to AP and AR workflow efficiencies and our lockbox and remittance processing platform, Exela has the software, automation technologies, and expertise necessary to take your payment operations to a higher level. **Seller Details:** - **Seller:** [Exela Technologies](https://www.g2.com/sellers/exela-technologies) - **HQ Location:** Irving, US - **LinkedIn® Page:** https://www.linkedin.com/company/xbpglobal/ (6,065 employees on LinkedIn®) - **Ownership:** NASDAQ: XELA - **Total Revenue (USD mm):** $1,562 ### 16. [EximPe](https://www.g2.com/products/eximpe-eximpe/reviews) A global payment gateway to send and receive trade payments at the best FX rates for importers and exporters. **Seller Details:** - **Seller:** [EximPe](https://www.g2.com/sellers/eximpe-8ae0e166-0b0a-430a-8de3-7ea1db1ec7e5) - **Year Founded:** 2021 - **HQ Location:** Mumbai, IN - **LinkedIn® Page:** https://www.linkedin.com/company/eximpe/ (43 employees on LinkedIn®) ### 17. [EzLink Enterprise EFT Switch](https://www.g2.com/products/ezlink-enterprise-eft-switch/reviews) EzLink Enterprise is a PCI S3 Certified, high-performance EFT (Electronic Funds Transfer) switch designed to process, authorize, and route credit and debit card transactions in real time. Built for scalability and flexibility, EzLink supports a wide range of terminals including ATMs, kiosks, POS, and teller systems—across multiple institutions and hardware brands. Powered by EzKernel middleware, it features a multi-layered n-tier architecture and runs on UNIX-based systems like Linux, Solaris, and AIX. EzLink supports global messaging standards such as ISO 8583 and ISO 20022, enabling seamless integration with domestic and international payment networks. Fully certified by Visa, MasterCard, RuPay, and CUP, EzLink is ideal for banks, fintechs, and payment processors looking for a secure, customizable, and future-ready switching solution. **Seller Details:** - **Seller:** [CashLink Global Systems](https://www.g2.com/sellers/cashlink-global-systems) - **Year Founded:** 2004 - **HQ Location:** Chennai, IN - **LinkedIn® Page:** https://in.linkedin.com/company/cashlink-global-systems (284 employees on LinkedIn®) ### 18. [Facilipay](https://www.g2.com/products/facilipay/reviews) Facilipay is a payment convergence provider delivering omnichannel payment options to businesses and organisations. **Seller Details:** - **Seller:** [Facilipay](https://www.g2.com/sellers/facilipay) - **Year Founded:** 2019 - **HQ Location:** Dublin 8,, IE - **LinkedIn® Page:** https://www.linkedin.com/company/facilipay (2 employees on LinkedIn®) ### 19. [Fatora](https://www.g2.com/products/fatora/reviews) all-in-one tool to take your business online, it provides you with online store & online payment **Seller Details:** - **Seller:** [Fatora](https://www.g2.com/sellers/fatora) - **Year Founded:** 2017 - **HQ Location:** Doha, QA - **LinkedIn® Page:** https://www.linkedin.com/company/fatoraio (16 employees on LinkedIn®) ### 20. [Fat Zebra](https://www.g2.com/products/fat-zebra/reviews) Fat Zebra is an Australian digital payments platform that simplifies online credit card processing for businesses of all sizes. Established in 2012, it offers a secure, reliable, and scalable solution for merchants seeking efficient payment processing. With a focus on security and user experience, Fat Zebra processes over 250 million transactions annually, totaling more than $20 billion. Trusted by prominent brands like Moshtix, MYOB, RACQ, and Aus, the platform ensures high approval rates, reduced fraud, and optimized cost of acceptance. Key Features and Functionality: - Easy Integration: Fat Zebra provides straightforward integration with various e-commerce platforms, enabling businesses to set up quickly. - PCI DSS Compliance: The platform adheres to Payment Card Industry Data Security Standards, ensuring secure handling of payment data. - Multi-Currency Support: Fat Zebra supports transactions in multiple currencies, catering to a global customer base. - Recurring Payments: It facilitates automated recurring payments, ideal for subscription-based business models. - Detailed Reporting & Analytics: Merchants have access to comprehensive insights about their transactions, aiding informed business decisions. - Fraud Prevention Tools: The platform offers tools to identify and prevent potentially fraudulent activities. - Responsive Customer Support: Fat Zebra provides support to address queries, concerns, or issues related to payment processing. - Direct Debits: Beyond credit card payments, Fat Zebra allows merchants to set up and manage direct debits. - Tokenization: This feature enables businesses to safely retain client card information for subsequent purchases, ensuring a seamless checkout process for recurrent shoppers. - Payouts: An easy way to send money to bank accounts, domestically or internationally. - Hosted Payment Pages: For businesses that prefer not to handle payment data directly, Fat Zebra offers hosted payment pages that can be branded to match the merchant’s identity. Primary Value and Solutions: Fat Zebra addresses the complexities of online payment processing by offering a secure, reliable, and user-friendly platform. It enables businesses to accept a wide range of payment methods, including major credit cards and digital wallets, across multiple currencies. The platform's robust security measures, such as PCI DSS compliance and advanced fraud prevention tools, protect sensitive payment information and reduce the risk of fraud. Additionally, Fat Zebra's detailed reporting and analytics provide merchants with valuable insights to optimize their operations and drive growth. By simplifying integration and offering responsive customer support, Fat Zebra ensures a seamless payment experience for both businesses and their customers. **Seller Details:** - **Seller:** [Fat Zebra](https://www.g2.com/sellers/fat-zebra) - **Year Founded:** 2012 - **HQ Location:** Surry Hills, AU - **Twitter:** @fat_zebra (158 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/fat-zebra/ (38 employees on LinkedIn®) ### 21. [Finical](https://www.g2.com/products/finical/reviews) Finical, Inc is a leading provider of card processing services and merchant solutions to traditional and online businesses throughout the nation. Finical is registered with Visa and MasterCard and is sponsored by Wells Fargo Bank. In the merchant services industry, there is a wide range of electronic payment systems for businesses to choose from, and Finical proudly provides just about all of them. They include the ability for merchants to accept major credit cards such as Visa, MasterCard, Discover, American Express, JCB, and Debit cards. We are committed to helping our merchants increase their revenue by offering their customers various payment options. Finical also offers gift cards, loyalty cards, short term business loans, and the very popular cash discount and surcharge program, which enables businesses to eliminate up to 100% of their credit card processing fees. Finical’s goal is to always be ahead of its competition by providing not just money saving solutions to its merchants, but also providing services that will help its merchants increase their revenue. **Seller Details:** - **Seller:** [Finical](https://www.g2.com/sellers/finical) - **Year Founded:** 2012 - **HQ Location:** Dallas, US - **LinkedIn® Page:** https://www.linkedin.com/company/finicalllc (42 employees on LinkedIn®) ### 22. [Finix](https://www.g2.com/products/finix/reviews) From startups to publicly traded companies, Finix’s end-to-end platform equips you with all the tools you need to process online, in-person and mobile payments. With thousands of payment configurations possible, and 99.999% uptime, Finix is rewriting the payments industry one API at a time to lower barriers to entry, drive competition, and make the ecosystem more equitable and accessible. Engineered to support the most complex payments use cases and be configurable to your unique business needs, innovative companies of all sizes Finix’s our flexible, enterprise-grade technology to deliver seamless payment experiences and drive revenue growth. **Seller Details:** - **Seller:** [Finix](https://www.g2.com/sellers/finix-4fe6c8c1-eff9-4be5-8541-f3b47cd33dd2) - **Year Founded:** 2015 - **HQ Location:** San Francisco, US - **LinkedIn® Page:** https://www.linkedin.com/company/finix-payments (295 employees on LinkedIn®) ### 23. [FinOn Payment Solutions](https://www.g2.com/products/finon-payment-solutions/reviews) FinOn is a Dubai-based technology provider specializing in next-generation digital payment solutions and services for Banks, PSPs, Card Processors, and large merchants. We provide White Label Payment Gateway for card and A2A instant payments, 3D Secure Server with iOS and Android SDKs; 3D Secure ACS, and Payment Gateway as a Service. **Seller Details:** - **Seller:** [FinOn](https://www.g2.com/sellers/finon) - **HQ Location:** Dubai, AE - **LinkedIn® Page:** https://www.linkedin.com/company/finontech (12 employees on LinkedIn®) ### 24. [Fintecture](https://www.g2.com/products/fintecture/reviews) The safer & cheaper immediate transfer. Free up your business. Seamless transactions to reduce your costs. A smooth experience to increase your conversion rate. No sensitive data collected for absolute security. **Seller Details:** - **Seller:** [Fintecture](https://www.g2.com/sellers/fintecture) - **Year Founded:** 2018 - **HQ Location:** Paris, FR - **LinkedIn® Page:** https://www.linkedin.com/company/fintecture/ (62 employees on LinkedIn®) ### 25. [Fiskl Accounting](https://www.g2.com/products/fiskl-accounting/reviews) Discover Fiskl: The All-In-One AI-Powered Finance Management and Accounting App for Small Businesses Managing your small business finances doesn't have to be painful and time-consuming. Fiskl makes it easy with a comprehensive suite of accounting, invoicing, reporting, and financial tools tailored for entrepreneurs' needs. Trusted by over 70,000 SMEs globally, Fiskl provides award-winning financial management accessible anywhere via mobile. Key features include: 🔹 Full Accounting Capabilities: Fiskl delivers complete double-entry accounting covering invoicing, bank/credit card connections, expense tracking, reconciliation, financial statements, and more. 🔹 AI-Powered Automation: Our proprietary auto-categorization engine uses AI to automatically categorize transactions, match transfers, and reconcile accounts, saving hours of manual work. 🔹 Mobile Apps: Our iOS and Android apps enable managing finances on the go with full accounting on mobile - a must for today's businesses. 🔹 Multi-Currency: Advanced multi-currency support across 168 currencies with automated reconciliation of foreign transactions. 🔹 Global Tax Handling: Built-in tax compliance for 100+ countries with automated VAT calculations and reporting. 🔹 Multi-Language Invoicing: Create professional invoices in over 60 languages to smoothly communicate with international clients. 🔹 Extensive Payment Options: Fiskl integrates with leading payment gateways like Stripe, PayPal, Apple Pay, and many more. 🔹 Bank Feeds & Sync: Automatically import transactions from over 21,000 banks globally into accounting via bank feeds and our syncing engine. 🔹 Custom Reporting: Build fully customizable financial statements with drag-and-drop simplicity to track KPIs for your business. 🔹 Collaboration: Client portals allow sharing invoices and accounting visibility with your customers and accountant. 🔹 API & Integrations: Fiskl APIs enable connecting other tools like POS systems, e-commerce platforms, and CRMs. 🔹 Suitable for Any Industry: Users range from freelancers to retail stores to agencies - Fiskl caters to all types of small businesses. With Fiskl's automation, mobile access, seamless global coverage, and intuitive design, you can say goodbye to accounting hassles. Instead of juggling spreadsheets, enjoy insightful financial overviews in minutes via desktop or mobile. Join the thousands of entrepreneurs who have made the switch to Fiskl. Sign up today and take control of your business finances! **Average Rating:** 4.6/5.0 **Total Reviews:** 14 **User Satisfaction Scores:** - **Has the product been a good partner in doing business?:** 9.4/10 (Category avg: 8.8/10) **Seller Details:** - **Seller:** [Fiskl Limited](https://www.g2.com/sellers/fiskl-limited) - **Year Founded:** 2014 - **HQ Location:** London, England - **LinkedIn® Page:** https://www.linkedin.com/company/fiskl/about (13 employees on LinkedIn®) **Reviewer Demographics:** - **Company Size:** 86% Small-Business, 14% Mid-Market ## Parent Category [Payment Software](https://www.g2.com/categories/payment) ## Related Categories - [Payment Gateways](https://www.g2.com/categories/payment-gateways) - [Accounts Receivable Software](https://www.g2.com/categories/accounts-receivable) - [Enterprise Payment Software](https://www.g2.com/categories/enterprise-payment) --- ## Buyer Guide ### What You Should Know 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. ### Trends Related to Payment Processing Software **Mobile payments —** Today, many customers use their phones as their primary payment method. While there are some security risks and not all stores accept mobile payments, many customers will take advantage of this option. **Cryptocurrencies —** Businesses and customers alike are looking into the possibility of using cryptocurrencies, despite many issues. The added security is attractive across the board, but requires additional technology to be user-friendly. **Digital wallets —** Similar to mobile payments, digital wallets make it easier to pay without using a credit or debit card. These services send money between friends, but can easily send money to businesses as well. ### Software and Services Related to Payment Processing Software **Payment gateways —** [Payment gateways](https://www.g2.com/categories/payment-gateways) are the first step to using a payment processor since they collect and verify all the payment information. Some payment processors include a payment gateway, but many gateways work with a variety of unaffiliated processors. **E-commerce platforms —** [E-commerce platforms](https://www.g2.com/categories/e-commerce-platforms) require a payment processor to complete online purchases since cash is not possible. Some e-commerce platforms come with built-in payment gateways and processors, but some require choosing one to integrate with the e-commerce platform. A well-integrated payment gateway or payment processor creates a seamless purchasing experience for customers. **POS systems —** [POS systems](https://www.g2.com/categories/pos) require a payment processor to complete any transaction made using a credit or debit card. Some POS systems come with an integrated payment processor but can choose their own depending on the POS system they use. **Payment analytics —** [Payment analytics software](https://www.g2.com/categories/payment-analytics) integrates with payment gateways and payment processors to analyze payment data. These analytics provide real-time insight into business performance to make informed business decisions.