Best 7 Online Payment Services for Small Business

Online Payment Services For Small Business

There are several Payment services out there. Small businesses have a lot of options when it comes to online payment services.

But some are more expensive than others, some don’t offer the features you need, and some are just plain difficult to use.

To help you narrow down the field, we’ve compiled a list of the 7 best online payment services for small online businesses.

We’ve also included some key features (like cost, and ease of use)and considerations for each service to help you choose the right one for your business needs.


Square is one of the best options out there, offering a simple, convenient way to take payments from customers. Square also offers a point-of-sale system for brick-and-mortar businesses.

Here’s what you need to know about using Square as an online payment method for your small business.

For Setting up a Square account you will require a valid email address and a credit card.

Once you’ve set up your account, you can add your products or services and start taking payments right away.

Square is extremely user-friendly, making it easy for both you and your customers to use.

All above these, there are no monthly fees with Square – you only pay when you actually make a sale. This feature makes it very low-cost for small businesses.

Square Fees:

The standard processing fee is 2.6%. is one of the most popular online payment services for small businesses. It’s simple to set up and use, and it offers a variety of features to meet your needs.

It allows businesses to accept credit cards, e-checks, and digital wallets. also offers an Advanced Fraud Detection Suite (AFDS) and a Customer Information Manager (CIM). Fees:

Monthly gateway: $25


If you’re looking for an online payment service that is simple to use and provides a variety of features, then Stripe is a great option for your small business.

Stripe allows businesses of all sizes to accept payments online with ease. There are no setup fees or monthly charges – you simply pay a small percentage of each transaction.

With Stripe, you can accept credit and debit card payments, as well as ACH bank transfers.

You can also set up recurring payments, invoicing, and automatic tax calculations.

Stripe offers fraud protection with their Stripe Radar System and 24/7 customer support.

Overall, Stripe is an excellent choice for businesses that need a fast and reliable online payment solution.

Checkout is an online payment service that offers a simple, fast, and secure way to accept payments.

They offer a variety of features that make them a great choice for small businesses, including:

Fast and easy setup: You can sign up for an account and start accepting payments in minutes.

Low fees: Checkout charges a low transaction fee. It has no hidden fees or monthly costs.

PCI compliant: Checkout is PCI compliant, so you can be sure your customers’ data is safe.

Multiple currency support: Checkout supports over 150 currencies, so you can do business internationally.

Customer support: Checkout has friendly and knowledgeable customer support staff available 24/7 to help you with any issues you may have.


If you run a small business, you know that every sale count. That’s why it’s important to have a payment processing solution that is fast, reliable, and secure.

PayPal is one of the most popular online payment methods for small businesses.

It is a convenient way to accept payments from customers and make payments to vendors.

Small businesses can benefit from using PayPal in many ways, including:

Reduced transaction fees: When you use PayPal to process credit card payments, you can save on transaction fees.

Flexible payment options: You can choose to receive payments via PayPal balance, bank account, or credit card.

Invoicing and tracking tools: PayPal provides invoicing and tracking tools that can help you keep track of your sales and expenses.

Buyer protection: PayPal offers buyer protection for eligible purchases, which can give you peace of mind when selling products or services online.

PayPal Fees: Check PayPal Consumer Fees

Payment Depot

Payment Depot is an online payment service that offers businesses a simple and secure way to accept and process payments.

It has no setup fee and Integrates with shopping carts, point-of-sale (POS), and card terminals

Payment Depot charges a flat fee per transaction, making it a cost-effective solution for businesses that process a high volume of payments.

Payment Depot has an online dashboard to track and manage charges and also offers 24/7 customer support.

Payment Depot Fees:

Starter:                $59 per month

Starter Plus:        $79 per month

Intuit GoPayment

Intuit GoPayment is an online payment service available through a mobile application.

  • It has low transaction fees, no monthly fees, and no setup costs.
  • Intuit GoPayment supports PayPal payments.
  • It provides ACH & eCheck Payments features.
  • Intuit GoPayment also offers a customizable checkout process, fraud protection, and the ability to track sales and inventory.

Intuit GoPayment Fees:

  • 2.4% + $0.25 per swiped/dipped transaction
  • 3.4% + $0.25 per keyed-in transaction
  • 2.9% + $0.25 per invoiced transaction
  • 1% (max $10) per ACH transaction