No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, October 2, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Financial Planning Personal Finance

Best Credit Card Processing Companies for Fast Payments

by TheAdviserMagazine
3 months ago
in Personal Finance
Reading Time: 13 mins read
A A
Best Credit Card Processing Companies for Fast Payments
Share on FacebookShare on TwitterShare on LInkedIn


When you have a record-breaking day of sales, you shouldn’t have to wait too long for the money to land in your business’s bank account. The more quickly you can access the funds, the better your cash flow.

Most of the best credit card companies for fast payments offer free next-day deposits and the option to choose same-day deposits. Here are our top picks.

Square: Best for most brick-and-mortar businesses

5.0

NerdWallet rating 

NerdWallet’s ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.

Square is a solid option for businesses that have a storefront and need an inexpensive POS system. In terms of payment speed, Square offers next-business-day deposits as its standard. Same-day transfers are also available seven days per week, but they cost 1.75% of the transaction total.

Square isn’t the only all-in-one POS solution with built-in payment processing capabilities. But it’s certainly one of the least costly and easiest to set up. And, it has plans tailored to a variety of food-industry, retail and service-based businesses.

Pros

Free next-business-day deposits.

Same-day transfers available for a fee.

No long-term contracts or termination fees.

Cons

Complex industries might prefer a more specialized system.

2.6% plus 15 cents for in-person transactions with all free plans.

2.6% plus 10 cents for in-person transactions with paid restaurant plans.

2.5% plus 10 cents for in-person transactions with paid retail and appointments plans.

2.9% plus 30 cents for online transactions.

3.5% plus 15 cents for manually keyed transactions.

3.3% plus 30 cents for invoices.

$0 for Square POS, Restaurant, Retail and Appointments Free plans.

$29 for Square Appointments Plus plan.

$69 for Square Appointments Premium and Square Restaurants Plus plans.

$89 for Square Retail Plus plan.

$165 for Square Restaurant Premium plan.

Custom pricing for Square Retail plan.

Finix: Best for larger small businesses

4.8

NerdWallet rating 

NerdWallet’s ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.

Finix’s personalized approach to payment processing is best for larger small businesses processing more than $5,000 each month. Finix offers next-day deposits for free, and you can pay extra for same-day deposits. As opposed to charging a flat processing rate across the board, like Square does, Finix charges a monthly fee in exchange for lower interchange-plus rates. These credit card processing fees can be more cost-effective for higher-volume businesses.

Pros

Same-day transfers available for extra.

Subscription model can help high-volume businesses save money.

No long-term contracts or termination fees.

Cons

Limited POS hardware options.

No direct accounting software integrations.

8 cents plus interchange for card-present transactions.

15 cents plus interchange for card-not-present transactions.

One-month free trial for NerdWallet readers.

Chase Payment Solutions: Best built-in banking partner

4.6

NerdWallet rating 

NerdWallet’s ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.

Processing payments through your bank comes with its perks. In particular, Chase Payment Solutions offers free same-day deposits (for transactions made before 8 p.m. ET every day of the week besides Saturday) to businesses using a Chase business checking account.

Most payment processors charge extra for same-day deposits. Next-day deposits are available on weekdays for payments processed before 10 p.m. ET.

Pros

Free next- and same-day deposits when you use a Chase business checking account.

Using your bank as your processor makes deposits more convenient.

No long-term contracts or early termination fees (for businesses that don’t opt for custom pricing).

Free POS software plan for Chase QuickAccept transactions.

Cons

Chase Business Complete Checking Account comes with a $15 monthly service fee if certain conditions aren’t met (e.g., meeting a minimum balance of $2,000).

2.6% plus 10 cents for in-person transactions.

2.9% plus 25 cents for online transactions.

3.5% plus 10 cents for keyed transactions and invoicing.

$0 per month for in-person payments.

$9.95 per month and up for e-commerce payments.

Payanywhere: Best for tracking customer reviews

4.0

NerdWallet rating 

NerdWallet’s ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.

Payanywhere stands out for its quick deposits and reputation management tools. Businesses can sign up for next-business-day or same-day deposits free of charge. The cutoff time for next-day deposits is 10 p.m. ET. To be eligible for same-day deposits, however, payments need to be processed by 10:30 a.m. ET. That’s pretty early in the day for lots of businesses. However, it might be all right for operations, like coffee shops, that do a bulk of their sales in the morning.

Payanywhere is also useful for businesses trying to keep a closer eye on customer reviews. You can connect Payanywhere to your Google Business Profile, so that you can respond to reviews from within the platform.

Pros

Free next- and same-day deposits.

Makes it easy to respond to customer reviews.

Free POS software plan for mobile reader.

Cons

Cutoff time for same-day deposits is 10:30 a.m. ET.

Lack of shopping cart integrations.

2.69% for in-person transactions.

3.49% plus 19 cents for online, keyed and virtual terminal transactions.

$0 if using only the 3-in-1 reader.

$14.95 per device if using the Smart Terminal, Smart Terminal Mini or Smart Keypad.

$24.95 per device if using the Smart PINPad Pro or Smart Flex.

$44.95 per device if using the Smart POS+.

QuickBooks Payments: Best for invoice payments

3.8

NerdWallet rating 

NerdWallet’s ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.

QuickBooks Payments is ideal for service-based businesses that transact mostly via invoice and use QuickBooks Online for accounting. Normal deposits take two business days on average, which is a little longer than its competitors. However, businesses can pay a 1.75% fee to access their funds on the same day.

This is convenient for businesses that already send invoices through QuickBooks Online. That way, when the invoice is paid, QuickBooks Online automatically records the transaction.

Pros

Built into QuickBooks Online.

Same-day deposits available for extra.

No long-term contracts or termination fees.

Cons

Normal deposits take two business days on average.

For QuickBooks Online users

2.5% for in-person payments.

2.99% for online and invoiced payments.

3.5% for manually keyed payments.

For QuickBooks Desktop users

Pay as you go plan (no monthly fee):

2.4% plus 30 cents per in-person transaction.

3.5% plus 30 cents per keyed-in or invoiced transaction.

Pay monthly plan ($20 monthly fee):

1.6% plus 30 cents per in-person transaction.

3.3% plus 30 cents per keyed-in or invoiced transaction.

$0 if you already have a QuickBooks Online plan.

$35 for Simple Start plan for new QuickBooks users.

$65 for Essentials plan for new QuickBooks users.

$99 ($45 for first three months) for Plus plan for new QuickBooks users.

$235 ($100 for first three months) for Advanced plan for new QuickBooks users.

QuickBooks Desktop users pay an annual subscription fee for the accounting software.



Source link

Tags: CardCompaniesCreditFastPaymentsProcessing
ShareTweetShare
Previous Post

$1.6 trillion of student loans are up in the air as Trump moves in on the Department of Education

Next Post

JPMorgan reveals 9 stocks with major problems

Related Posts

edit post
6 Halloween Destinations to Treat Yourself

6 Halloween Destinations to Treat Yourself

by TheAdviserMagazine
October 1, 2025
0

Halloween isn't just about neighborhood trick-or-treating these days. It's also becoming a popular time to travel, with people heading to...

edit post
Ten Grocery Items You Can Get for Less than  shipped!

Ten Grocery Items You Can Get for Less than $2 shipped!

by TheAdviserMagazine
October 1, 2025
0

Looking for amazing deals on grocery items? We’ve got our top 10 favorite that are currently under $2 shipped right...

edit post
October Mortgage Interest Rate Forecast

October Mortgage Interest Rate Forecast

by TheAdviserMagazine
October 1, 2025
0

Mortgage rates are likely to fall in October, even as the government shutdown will make it hard to see where...

edit post
Linens & Hutch ALL Comforter Sets as low as .70 shipped! {Ends Tonight!}

Linens & Hutch ALL Comforter Sets as low as $32.70 shipped! {Ends Tonight!}

by TheAdviserMagazine
September 30, 2025
0

Need a new comforter? This is a great deal on these highly rated Linens & Hutch Comforters! Through October 1st,...

edit post
Dawn Powerwash Dish Spray Large Refills 2-Pack only .95 shipped!

Dawn Powerwash Dish Spray Large Refills 2-Pack only $6.95 shipped!

by TheAdviserMagazine
September 30, 2025
0

Here’s a great deal on this Dawn Powerwash Dish Spray refills! Amazon has this Dawn Powerwash Fresh Dish Spray Large...

edit post
Millions of 401(k)s Are Left Behind, and It’s Costing Workers

Millions of 401(k)s Are Left Behind, and It’s Costing Workers

by TheAdviserMagazine
September 30, 2025
0

A growing number of American workers are losing track of their retirement savings, potentially missing out on a big chunk...

Next Post
edit post
JPMorgan reveals 9 stocks with major problems

JPMorgan reveals 9 stocks with major problems

edit post
Ethereum’s Goal? Cracking the Web2 Fortress, Not Fighting Bitcoin—CEO

Ethereum’s Goal? Cracking the Web2 Fortress, Not Fighting Bitcoin—CEO

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Expert breaks down the 2025 tax changes retirees should know

Expert breaks down the 2025 tax changes retirees should know

0
edit post
Letting Markets Work: Urban Planning

Letting Markets Work: Urban Planning

0
edit post
Can BNB, Solana, and Dogecoin Prices Continue Climbing in October?

Can BNB, Solana, and Dogecoin Prices Continue Climbing in October?

0
edit post
Hot stocks: Canada’s top performers in Q3 2025

Hot stocks: Canada’s top performers in Q3 2025

0
edit post
Stay Out of the Doghouse: 9 Lessons for Smarter Finances

Stay Out of the Doghouse: 9 Lessons for Smarter Finances

0
edit post
Maximizing Your Savings Account Interest Rate: Top Strategies

Maximizing Your Savings Account Interest Rate: Top Strategies

0
edit post
Expert breaks down the 2025 tax changes retirees should know

Expert breaks down the 2025 tax changes retirees should know

October 2, 2025
edit post
Stay Out of the Doghouse: 9 Lessons for Smarter Finances

Stay Out of the Doghouse: 9 Lessons for Smarter Finances

October 2, 2025
edit post
Can BNB, Solana, and Dogecoin Prices Continue Climbing in October?

Can BNB, Solana, and Dogecoin Prices Continue Climbing in October?

October 2, 2025
edit post
Maximizing Your Savings Account Interest Rate: Top Strategies

Maximizing Your Savings Account Interest Rate: Top Strategies

October 2, 2025
edit post
Letting Markets Work: Urban Planning

Letting Markets Work: Urban Planning

October 2, 2025
edit post
Biden’s Florida legacy: An economic boom, a magnet for immigrants and a solidly conservative red state

Biden’s Florida legacy: An economic boom, a magnet for immigrants and a solidly conservative red state

October 2, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Expert breaks down the 2025 tax changes retirees should know
  • Stay Out of the Doghouse: 9 Lessons for Smarter Finances
  • Can BNB, Solana, and Dogecoin Prices Continue Climbing in October?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.