74 ranked
You sign up under the facilitator's master merchant account. Approval is fast and the price is usually published, but the account is theirs rather than yours, which is what makes a sudden hold possible.
Ranked by grade, then by average category score. Equal grades share a position — where our evidence does not separate two providers, neither does this list.
Stripe is a leading payment processor known for its developer-friendly API, transparent pricing, and comprehensive suite of payment solutions for businesses of all sizes.
Helcim is a Calgary-based payment processing company that offers genuinely transparent interchange-plus pricing with no monthly fees, no hidden charges, and a comprehensive suite of free payment tools.
Shopify Payments is Shopify’s own branded payments service — processed by Stripe, per Shopify’s published processor list — giving merchants one-click access to accepting cards and wallets inside Shopify, simplifying setup and eliminating third-party gateway fees for supported merchants.
Braintree is a full-featured, globally-capable payment gateway solution (online + mobile) backed by PayPal, offering robust APIs, developer tooling, and enterprise-class features for merchants. Primarily deals in mobile and web payment systems.
PayPal is a global, feature-rich digital payments platform (consumer wallet + merchant services) with extensive integrations and brand reach. It is trusted by many businesses but criticized in public reviews for dispute handling and account-hold practices.
One of Europe's largest independent payment service providers, serving more than 250,000 businesses from Amsterdam and authorised by the Dutch central bank as an electronic money institution. It publishes its full price list, which almost nobody at its scale does, and it is in the middle of absorbing GoCardless in a €1.05 billion deal. It processes for Europe and the UK only, and account freezes are the recurring complaint.
A pay-as-you-go card reader and POS provider with flat published rates, no monthly fee and no contract. Strong for small and mobile sellers; the recurring complaint is account freezes and held funds with slow resolution.
iKhokha is a South African payments company based in Umhlanga, KwaZulu-Natal, that sells card machines, tap-on-phone acceptance and online payment tools to small businesses. It was founded in 2012 and has been a wholly owned subsidiary of Nedbank Group since the bank's R1.65 billion all-cash purchase, which Nedbank consolidated from 1 December 2025. You buy the card machine outright rather than renting it: as listed in October 2026, the iK Flyer with a built-in printer costs R1,499 and the iK Flyer Lite R699 (reduced from R999), with an optional R75 a month SIM for unlimited data. Tap on Phone is free on a compatible Android or Huawei phone. In-person rates for South African cards are published in volume tiers, from 2.75% down to 2.5% excluding VAT, with custom pricing above R100,000 a month. Online card payments cost 2.85%, Instant EFT 2%, international cards 3.25% and in-person Amex 3.4%, all excluding VAT. A flat R2.50 is charged on each daily payout. The agreement is month-to-month with one calendar month's written notice. iKhokha is a payment aggregator: merchants are sub-merchants under acquiring authority from Absa and Nedbank. Hellopeter reviews are mixed, with complaints focused on held payouts and account terminations.
Yoco is a Cape Town payments company that sells card machines, a free point-of-sale app and online payment tools to small and independent businesses in South Africa, and only in South Africa: its terms refuse businesses registered elsewhere and limit processing to sales made in the country, in rand. A merchant signs Yoco's own agreement rather than applying to a bank for a merchant account, with Absa and Citibank named in the terms as examples of the banking partners behind the payment service, which is why sign-up takes minutes and why Yoco, not a bank, decides when to pause a payout. As of September 2026 there are three plans. Core costs nothing a month and charges 2.30% excluding VAT on local cards in person, dropping to 1.35% on debit cards once the rolling three-month average of monthly sales reaches R50,000. Plus (R249 a month per location) and Pro (R499) lower those rates and add loyalty, multi-location, table management and accounting integrations. Online payments cost more: 2.95% + R2 excluding VAT on local cards on Core. Hardware is bought outright, with no rental: the Khumo 2 card machine was R699 on promotion. Standard payouts are free and, on Yoco's own schedule, reach the bank two to three business days after the sale, and faster payouts cost extra except on Pro. Yoco said in May 2026 that it serves more than 200,000 merchants; its newer card-machine page claims 250,000+ businesses. Its public review record is mixed: 3.7 out of 5 across 356 HelloPeter reviews in the past year, with praise for named support staff and complaints about account reviews, held payouts and chatbot-first support.
A global business account and payment platform with published rates, no lock-in contract and unusually cheap FX. Strong for cross-border sellers; weaker as a plain domestic card processor, and not an option for high-risk merchants.
Zeffy (called Simplyk until April 2022) is a Montreal-based fundraising platform for nonprofits. It runs donation forms, event ticketing, raffles, auctions, memberships, online stores, a donor CRM and a Tap to Pay phone app. It charges the nonprofit nothing: no platform fee, no card fee and no subscription, and the organisation receives 100% of each gift. Zeffy pays the card processing costs itself and earns its money from an optional contribution, or tip, that donors are asked to add at checkout. That tip is pre-selected. In our October 2026 test on a live US form, a $50 gift came with a 17% ($8.50) contribution already chosen, and a $500 gift with 11% ($54.95). Donors can lower it or set it to zero through an 'Other' option, but the nonprofit cannot change the suggested amounts. Payments run on Stripe: each organisation gets its own Stripe connected account under Zeffy's platform. Payouts go out weekly on Mondays by default. Zeffy is open only to nonprofits and eligible public-benefit organisations, and this review covers its US (USD) and Canadian (CAD) offer. Donor reviews are strongly positive, but the most persistent complaint is donors who did not notice the pre-selected tip.
HitPay is a Singapore payment platform for small and mid-size businesses, founded in 2016 and licensed by the Monetary Authority of Singapore as a Major Payment Institution. It bundles online checkout, payment links, invoicing, an online store, a point-of-sale app, card terminals and Tap to Pay, and it accepts cards, PayNow, GrabPay, ShopeePay, Atome and other Southeast Asian methods. There is no setup or monthly fee. As of October 2026 its Singapore pricing page lists domestic cards at 2.8% + S$0.50 online and 2.5% + S$0.50 in person, international cards at 3.65% + S$0.50 online and 3.2% + S$0.50 in person, and PayNow at 0.65% + S$0.30 online for payments of S$100 or more (0.9% below that) and 0.4% in person. Using HitPay's own tools, such as payment links, invoices, the online store, POS or recurring billing, adds 0.2% per transaction, and the Shopify app adds 0.5%. The terms say fees are exclusive of GST. Non-card money pays out the next calendar day and card money from the next business day. The December 2025 merchant agreement runs for a year and renews automatically, and HitPay's terms allow reserves, payout holds of up to 120 days when disputes run high, and withholding without a time limit if it believes you are in breach. Trustpilot reviewers rate it 4.4 out of 5, with complaints centred on slow support and unexplained account rejections.
Tithe.ly (now styled Tithely) is a US church giving and church software company run from Nashville, Tennessee. Its giving product is free to set up, with no monthly fee or contract. As of September 2026 you pay 2.9% + $0.30 on each card gift, 3.5% + $0.30 on American Express and 1% + $0.30 on ACH bank gifts. Donors can choose to add the fee to their gift. Payments run on Stripe: each church signs Stripe's connected-account agreement and gets a sub-merchant account under Tithe.ly's platform, so approval is quick but the account relationship sits with Stripe and Tithe.ly. Deposits go out weekly on Wednesdays by default, card gifts become available after two business days, and ACH gifts can take up to ten. Tithe.ly also sells church management, apps, websites, messaging and worship planning. It lists these at $19 to $89 a month each, or $119 a month for everything in its All Access bundle. The company grew through mergers: it combined with Australian church-software firm Elvanto in 2018, bought Breeze ChMS in 2021, and has had private equity investment from Accel-KKR since 2022. Reviews on Capterra and Trustpilot are strongly positive. However, the BBB rates it F, largely for leaving complaints unanswered, and recent complaints focus on subscription billing after cancellation.
Mercado Pago is the payments and fintech arm of Mercado Libre, the Latin American e-commerce group incorporated in Delaware in October 1999 and headquartered in Montevideo, Uruguay. It launched in Argentina in November 2003 and in Brazil and Mexico in January 2004, initially to let marketplace buyers and sellers pay each other safely, and is now one of the region's largest fintechs: in the second quarter of 2026 Mercado Libre reported 88 million monthly active Mercado Pago users, US$101 billion in total payment volume, a credit portfolio above US$16 billion and 1.4 million active card devices in Mexico alone. It is a division of a Nasdaq-listed company, not a separately funded startup. In Mexico the merchant contracts with MP Agregador, S. de R.L. de C.V., a payment aggregator supervised by the CNBV and Banco de México, and sales land in a Mercado Pago Wallet account run by a separate electronic payment funds institution. As of September 2026 Point card readers and Tap to Pay on Android and iPhone cost 3.50% + IVA per debit or credit sale with the money available instantly, and the Point terminals page advertises lower rates by monthly card volume — 3.20% + IVA from MX$10,000 and 2.99% + IVA above MX$100,000 — readers sell from MX$89 on promotion, QR payments run from 0.99% to 2.99%, and payment links and online checkout cost 3.49% + MX$4 for instant access, falling to 2.95% + MX$4 if the merchant waits 30 days. There is no monthly fee or fixed term. The weak points are in the terms: Mercado Pago may hold funds indefinitely on suspicion of fraud, debit chargebacks from future sales, and change the terms on ten days' notice.
Moov Financial is a US payments platform for software companies, built by Wade Arnold and Bob Smith out of the open-source moov.io money-movement libraries Arnold began publishing in 2017. It sells one API that accepts cards and bank payments, holds balances in wallets, sends payouts by RTP, FedNow or push-to-card, and issues virtual cards — the full money-movement stack that a vertical SaaS company would otherwise assemble from four vendors. It is the rare payments company that publishes a complete rate card: interchange plus 0.60% and 15 cents for online card acceptance, interchange plus 0.50% and 15 cents for Tap to Pay, 25 cents for next-day ACH, and a $500 monthly minimum with no setup fee. It has raised roughly $77.5 million across three named rounds, with Visa, Andreessen Horowitz, Bain Capital Ventures and Commerce Ventures on the register, and it operates in the United States only.
Pin Payments is an online card payment service for small and mid-size businesses in Australia and New Zealand. It was set up in Perth in 2011, launched in April 2013 and is now based in Melbourne. You do not need your own merchant account: Pin signs you up, approves most accounts within one to two business days, and by default pays you out two business days after each sale. As of October 2026, its pricing page lists 1.6% + 30c for domestic cards in Australia (GST included) and 1.9% + 30c in New Zealand (plus GST). International cards cost 3.4% + 30c in both countries, on the same GST basis as the domestic rate. There is no setup fee, monthly fee or lock-in contract, and a lost dispute costs $25. Pin covers online checkout, Xero invoice payments, recurring billing, a hosted payment page, a dashboard virtual terminal and APIs for platforms and payouts. It does not sell a card reader. Ownership has changed twice: Checkout.com bought Pin in May 2020, and Sydney payments company Fat Zebra bought it from Checkout.com in December 2024. Pin's terms are now a schedule to Fat Zebra's master agreement. Independent reviews are few but positive.
Clip is a Mexico City payments company founded in 2012 by Adolfo Babatz, still its chief executive, which processed its first transaction in 2013 and now serves what it calls hundreds of thousands of Mexican businesses with card readers, countertop terminals, Tap to Pay on Android and iPhone, payment links, an online checkout and a free business account. It is independent and privately held: it became a unicorn in June 2021 on a US$250 million round led by the SoftBank Latin America Fund and Viking Global, at a valuation Clip put at nearly US$2 billion; raised US$100 million from funds managed by Morgan Stanley Tactical Value and a West Coast mutual fund manager in June 2024; and in June 2026 was reported by Bloomberg Línea to have secured US$500 million from unnamed investors at a valuation above US$2.5 billion, in a round still subject to regulatory approval, as it launched a consumer wallet, Mi Clip, built with Ant International, Mastercard and TelevisaUnivision. The model is an aggregator's: the merchant signs Clip's own online terms, with the service provided either by PayClip, S. de R.L. de C.V. as aggregator or by Payclip Servicios de Adquirencia, S.A. de C.V. as acquirer, at Clip's discretion. As of September 2026 the standard commission is 3.6% + IVA per transaction, and a loyalty program cuts it to between 2.99% + MX$1 + IVA and 2.49% + IVA for merchants selling at least MX$10,000 a month by card, with Amex and international cards at 3.50%. There is no monthly fee and no fixed term, readers sell for as little as MX$129 on promotion, and card-present sales land instantly in a Clip Cuenta or within 24 hours in a bank account. The costs sit elsewhere: steep meses-sin-intereses surcharges, and terms that let Clip hold funds, suspend service or end the relationship without notice.
Paystack is a payment aggregator for businesses in Africa, founded in Lagos in 2015 by Shola Akinlade and Ezra Olubi, put through Y Combinator in early 2016 and bought by Stripe in October 2020 in a deal widely reported at over $200 million. Its own help desk says the service is available to businesses registered in Nigeria, Ghana, South Africa and Kenya, with Côte d'Ivoire — which has a published rate card — described as a private beta alongside Egypt. Paystack's site says more than 200,000 businesses use it; its chief executive put the figure at 300,000 in January 2026. A merchant signs up with Paystack rather than applying for a merchant account of their own, which is the reason onboarding is quick and the reason Paystack, not an acquiring bank, decides when to hold funds. Pricing is published in full for every market, which is unusual in this segment: Nigeria is 1.5% + ₦100 on local transactions with the ₦100 waived under ₦2,500 and the whole fee capped at ₦2,000, 3.9% + ₦100 on international cards; South Africa is 2.9% + R1 excluding VAT locally and 3.1% + R1 internationally; Ghana is a flat 1.95%; Kenya is 1.5% on M-PESA and 2.9% on local cards; Côte d'Ivoire is 1.95% on mobile money and 3.2% on local cards. Settlement is next working day in Nigeria and Ghana and two working days in South Africa, with no setup or monthly charge. In January 2026 the business reorganised under a holding company, The Stack Group, whose founding shareholders are Stripe, Paystack's employees and Akinlade, alongside the Zap transfer app and a microfinance bank. The reservations are the ones that come with any aggregator: the Central Bank of Nigeria fined Paystack ₦250 million in April 2025 over Zap operating outside its licence, and the public review record is dominated by accounts of balances held during compliance review.
Amazon's express checkout button for other people's websites. Amazon's merchant payments business dates to the Amazon Flexible Payments Service beta in August 2007; the product merchants use today launched as Login and Pay with Amazon on 8 October 2013 and took the Amazon Pay name later. A shopper clicks it, signs in with the Amazon account they already have, and pays with a card and address Amazon already holds. Pricing is published and ordinary — 2.9% plus a $0.30 authorization fee on US domestic transactions, 3.9% plus $0.30 when the card was issued abroad, no monthly fee and no setup fee — and Express Payout will fund a US bank account within 24 hours including weekends, for free. What Amazon Pay is not is a merchant account. It is online-only, it has no card-present product, its acceptable use policy bans a long list of categories outright including CBD regardless of state law, and it only ever captures the slice of your checkout that Amazon shoppers choose. Treat it as a second button next to your real processor, not as a replacement for one.
PAY. (pay.nl) is a Dutch payment service provider run by TinTel B.V., based in Enschede. It is licensed by De Nederlandsche Bank (DNB) as a payment institution, and it says it became a principal member of Visa and Mastercard in October 2021. Merchants sign their agreement directly with PAY., and customer funds pass through its own escrow foundation before payout. As of October 2026 it publishes a full price list in euros, excluding VAT. Professional costs €35 a month and Business €89 a month. On Professional, EU consumer cards online cost €0.15 + 1.50%, and iDEAL | Wero costs €0.19 per payment. A Pioneer option drops the monthly fee and contract but adds €0.05 and 0.25% to every transaction. The platform covers more than 50 payment methods, in-store terminals, SoftPOS and more than 90 integrations, and accepts companies from most EU and EEA countries. The paid plans are less flexible than the price list suggests: a one-year initial term that renews indefinitely, three months' notice to leave, a minimum-billing clause if volume drops, and published fines for compliance breaches.
Payplug is a Paris-based payment provider for French and European merchants, owned by the French banking group BPCE and, since September 2026, the omnichannel brand of BPCE Merchant Services. It is a licensed French payment institution. Merchants sign up online, get a payment account in Payplug's books and take card and local payment methods online, on Android terminals, and on phones through SoftPOS and Tap to Pay on iPhone. Pricing is published by plan, and all prices are ex-VAT. As of October 2026, Starter costs €10 a month and charges 1.5% + €0.25 online or 1.5% + €0.10 in store on euro-zone consumer cards. Pro costs €30 a month and charges 1.1% on the same cards. Business cards cost 2.5% and cards from outside the euro zone cost 2.9%. Merchants turning over more than €1 million get custom pricing. The payment contract has no fixed term and can be ended on 30 days' notice, but a rented terminal comes with a 24-month contract and early-exit fees. Money is not paid out automatically by default. You request a transfer, and Payplug says about seven days can pass between request and arrival, or up to ten business days for a new account's first transfer. The terms let Payplug hold funds and set up reserves. Chargebacks cost €18 including VAT each. Trustpilot shows a split picture, but almost all of its reviews are more than two years old.
Zoho Payments is the payment processing service built into Zoho's finance apps, including Zoho Books, Zoho Invoice, Zoho Billing, Zoho Inventory, Zoho Commerce and Zoho Checkout. Zoho announced its US launch on 14 May 2025, although archived Zoho pages show it already open to US-registered businesses by July 2023; it launched in India in August 2024. This review covers the US product. It takes cards and ACH bank debits online, through invoices, payment links, hosted payment pages, online store checkout and an embeddable widget. It does not offer US in-person payments. As of October 2026, US pricing is 2.9% + 30¢ for domestic cards, American Express included. International cards cost an extra 1.5%, and ACH costs 0.8% capped at $5. There is no setup or monthly fee and no contract. A $15 fee applies to every dispute, whatever the outcome. Zoho onboards and underwrites each business, but card processing and settlement run through Stripe and Adyen, and each merchant also accepts their platform terms. Card payments settle two business days after the sale and ACH payments four, then pay out on the schedule you choose. The product has almost no reviews of its own yet. Zoho's company-wide BBB file carries a complaint-pattern alert about support and billing, though that file covers all of Zoho's apps, not just payments.
Peach Payments is a Cape Town payments company founded in 2012 by Rahul Jain and Andreas Demleitner. Its South African operating company is Peach Payment Services (Pty) Ltd, and Jain is still chief executive. It started as an online payment gateway and now also offers payment links, recurring billing, payouts to bank accounts, card terminals and, through a partner, business cash advances. It has offices in South Africa, Kenya and Mauritius, and in 2025 it agreed to buy PayDunya, a Senegalese gateway operating in six French-speaking West African countries. Apis Partners led a US$31 million (EUR 29 million) Series A in 2023; Launch Africa, an early investor, sold its stake to 27four's Nebula Fund in 2026. That changed who the investors are, not who controls the company. As of October 2026 its fees page lists 2.95% + R1.50 per transaction (ex VAT) for 3-D Secure payments on South African cards under its Growth plan, with no setup or monthly fee and free next-business-day settlement in rands. Kenyan and Mauritian pricing is quoted per account. Its published merchant agreement has no minimum term and lets you cancel on written notice.
GoDaddy's in-house processor, built on the Poynt technology it bought in 2020. Flat published rates, no monthly fee and next-business-day payouts make it a genuinely competitive small-business option — provided you are willing to run your commerce inside GoDaddy's ecosystem.
An Atlanta payfac-as-a-service provider that publishes its entire buy-rate card in public — 0.30% and $0.30 falling to 0.20% and $0.20 at volume, with no revenue share — for software platforms embedding payments. Not a merchant account, and only four years old.
A San Francisco processor that charges a monthly subscription — from $250 — and takes zero markup on interchange, billing a flat $0.08 or $0.15 per transaction instead. Excellent economics above roughly $1m a year, wrong below it, and with a public track record still too thin to lean on.
WooPayments is the official, Stripe-powered payment solution built exclusively for WooCommerce stores, offering no monthly fees and deep dashboard integration, but plagued by account suspension issues and inconsistent customer support that undermine trust for serious merchants.
Viva.com is a European payments company and licensed bank, headquartered in Athens, that sells card acceptance, a business account, cards and financing to small and medium businesses on one platform. It is unusual in two ways that matter to anyone comparing processors. The first is disclosure: where almost every acquirer in Europe quotes privately, Viva.com publishes a full price pack per country — acquiring rate, scheme pass-throughs, plan fees, dispute fees, investigation fees and cash-withdrawal charges, line by line, with an effective date stamped at the bottom. For UK consumer cards in September 2026 that pack quotes 1.69% for card-present with a 1p minimum per transaction, and 2.19% + 24p online. The second is its licence. Viva is not an intermediary reselling somebody else's acquiring: the group holds a Greek banking licence, acquired with Praxia Bank in 2020, alongside an e-money licence from the Bank of Greece, and it describes itself as Europe's first full tech bank for businesses, operating across 29 European countries. J.P. Morgan has owned 48.5% since December 2022, with the founders holding the balance — a stake that has also produced several years of shareholder litigation between the two.
Revolut Business is the merchant-acceptance arm of Revolut, the London fintech founded in 2015 by Nik Storonsky and Vlad Yatsenko. It is unusual in this directory for a simple reason: it publishes a complete rate card. A merchant can read, before speaking to anyone, that in-person domestic consumer Visa and Mastercard transactions cost 0.8% + £0.02, that the same cards online cost 1% + £0.20, that commercial and international cards cost 2.6% + £0.02 in person and 2.8% + £0.20 online, that a Revolut Terminal is £169 + VAT and a Lite Terminal £129 + VAT, and that a chargeback dispute resolved in the merchant's favour returns £15. Acceptance is a sub-account of a Revolut Business account rather than a separate merchant account with a separate provider, so settlement lands in the same balance the business already banks from, in as little as 24 hours. The important limit is geographic: Revolut has offered acquiring across the UK and continental Europe since 2020–21 — its own January 2021 announcement put the count at 29 European countries, a figure it has not refreshed since — and launched a full merchant-acquiring suite in Australia during 2026. It publishes no United States card-acceptance rates. In March 2026 Revolut exited the Bank of England's mobilisation phase and received a full UK banking licence, roughly twenty months after being granted one with restrictions in July 2024.
QuickBooks Payments is Intuit's card and bank-payment service, sold as an add-on to QuickBooks Online rather than as a standalone merchant account. Intuit was founded in 1983 and is headquartered in Mountain View, California; money movement is provided by Intuit Payments Inc., licensed as a money transmitter by the New York State Department of Financial Services, and the card acquiring itself runs through JPMorgan Chase Bank, N.A. and Paymentech, LLC under the commercial entity merchant agreement Intuit publishes. Rates are published in full and, as of the figures Intuit dated 30 April 2026, are 2.5% for in-person payments, 2.99% for invoices and other card and digital-wallet transactions, 1% for ACH bank payments, 3.5% for keyed cards, and 2.99% for buy-now-pay-later through Affirm. There is no monthly fee for Payments itself, no minimum and no long-term contract. The defining trade-off is reconciliation: nothing else puts card, ACH, PayPal, Venmo and Affirm volume straight into your books with no matching step, and nothing else in this price band has quite the same reputation for freezing deposits.
A Boulder, Colorado company that sells payments infrastructure to software companies rather than merchant accounts to businesses. Tilled claims to have coined the term PayFac-as-a-Service: a software vendor gets the economics of being a payment facilitator — a share of the processing revenue on every transaction its customers make — without taking on the registration, underwriting and compliance burden of actually becoming one. It is one of the very few companies in this catalogue that publishes its own prices in public, which is the main reason it grades where it does.
PayMongo is a Philippine online payments company, launched in June 2019 by Francis Plaza, Luis Sia and Jaime Hing III as the first Filipino-owned fintech to go through Y Combinator, and headquartered in Bonifacio Global City, Taguig. It lets a business accept cards, GCash, Maya, GrabPay, ShopeePay, QR Ph, direct online banking and BillEase pay-later through one account, via payment links, hosted checkout, e-commerce plugins, an API and a printed in-store QR Ph code. Stripe led its US$12 million Series A in 2020 and was among its seed investors, but Stripe is an investor, not the owner: PayMongo is independent and run since February 2023 by chief executive Jojo Malolos, who took over from an interim chief executive after the founders left during a 2022 leadership upheaval, and who says the company has been net-income positive since November 2025. Merchants sign PayMongo's own Terms of Use with PayMongo Philippines, Inc., a BSP-registered operator of payment systems, and PayMongo Payments, Inc., a BSP-supervised e-money issuer that runs the PayMongo Wallet payouts land in. As of September 2026 the published rates, all before 12% VAT, are 3.125% + ₱13.39 for domestic cards, 4.02% + ₱13.39 for international cards, 1.34% for QR Ph, 2.23% for GCash and 1.70% to 1.96% for other wallets, with no setup or monthly fee. The trade-offs are slow default payouts (weekly, with cards clearing in three banking days), no card terminal or Tap to Pay, and terms that let PayMongo suspend accounts without notice and withhold settlement over pending or anticipated chargebacks.
Payabli is a Miami embedded-payments company — legally Centavo, Inc., trading as Payabli — founded in 2020 by William Corbera and Joseph Elias Phillips, who run it as co-chief executives. It does not sell merchant accounts to businesses. It sells payments infrastructure to software companies, so that a property-management system, an HOA portal, a school-district platform or a field-service tool can take payments inside its own product and earn on them, without going through the cost and compliance burden of becoming a payment facilitator itself. The stack is organised as Pay In for acceptance and merchant onboarding, Pay Out for payables, and Pay Ops for the operational layer around both, with a low-code builder called Creator and an AI feature set branded Amigo layered on top. The company is a registered payment facilitator of PNC Bank and Huntington Bank and a registered ISO/MSP of Merrick Bank — an unusually clear disclosure for this part of the market. It raised a $28m Series B in June 2025 led by Fika Ventures and QED Investors, bringing total funding to about $60m, and reported 7x year-on-year revenue growth, more than 50,000 merchants on the platform and billions of dollars in live processing volume.
A vertical payments company you probably meet through your software, not through a salesperson. REPAY — legally M & A Ventures, LLC doing business as REPAY, and known in full as Realtime Electronic Payments — was founded in 2006 and is headquartered in Atlanta. It is publicly traded as RPAY and reported full-year 2025 revenue of $309.3 million, split between a Consumer Payments segment at $285.9 million and a Business Payments segment at $48.4 million, with 2026 guidance of $340 to $346 million. Its business is embedding payment acceptance and vendor disbursement inside the software that particular industries already run: consumer lenders, auto dealers and their finance arms, credit unions, receivables management firms, municipalities, healthcare, HOA and property management. The distinctive products are the ones a general processor does not build — Instant Funding, which pushes loan proceeds to a borrower's debit card in real time through Visa Direct, and an AP automation network REPAY says exceeded 602,000 suppliers at the end of 2025. What it does not do is publish a price or serve a walk-up merchant.
Payoneer is a global fintech platform that enables businesses, freelancers, and marketplaces to send and receive cross-border payments, manage multi-currency funds, and scale internationally.
Wix Payments is the native payment processor inside Wix, the website builder founded in Tel Aviv in 2006 by Avishai Abrahami, Nadav Abrahami and Giora Kaplan and listed on Nasdaq since 2013. It lets a Wix merchant accept cards, Apple Pay, Google Pay, PayPal and instalment plans from Affirm, Afterpay and Klarna without connecting a third-party processor, with payments, payouts, refunds and disputes managed from the Wix dashboard. Wix's own help centre says it is available in fifteen countries and, in its terms, that the processing underneath is handled by Adyen and Stripe in most regions and by Pagar.me in Brazil — so this is a payment facilitator layered on other acquirers rather than a new one. US pricing is published in full: 2.9% plus 30¢ on standard cards online, 3.7% plus 30¢ on American Express, 2.6% flat on the Wix POS hardware, 2.6% plus 20¢ for Tap to Pay, 3.5% plus 30¢ keyed, 6% plus 30¢ on the instalment options, a 1.5% cross-border surcharge and a $15 chargeback fee. Payouts run daily, weekly or monthly and reach a US bank in three to five business days after a two-to-five-day pending period. The case for it is one dashboard, a competitive in-person rate and a real hardware line; the case against is that online it costs exactly what Stripe charges directly, Amex is expensive, Wix's documented reserve and hold policy gives it wide latitude over your money, and support is chat and callback only.
PaySimple is a Denver payments-and-billing platform for service businesses — the kind that invoice, take deposits and bill the same customers month after month rather than ring up a counter. Its own about page dates the business to 2006 and puts it at more than 22,000 businesses; the site footer carries a 2005 copyright and the Better Business Bureau file records a December 2006 start, so the exact birth year depends on which document you read. What matters more is the lineage: the company Eric Remer founded as PaySimple is the company that was incorporated as EverCommerce in 2016 and listed on Nasdaq in 2021. PaySimple was not bought by EverCommerce so much as it became it, and the brand now sits inside that group as one product among many — the BBB file is registered to "EverCommerce Solutions Inc., DBA PaySimple Inc." PaySimple is a registered ISO of Fifth Third Bank and of Wells Fargo Bank. Pricing is published in full and unusually plain: $79.95 a month with every feature included, 2.9% plus 30 cents on cards, 1% plus 30 cents on ACH, no contract and no cancellation fee.
Billplz is a Malaysian online payment gateway run by Billplz Sdn Bhd, a company incorporated in 2012 and based in Selangor. It is built around FPX online banking, which it prices at a flat fee per payment rather than a percentage, and it also takes Visa and Mastercard, DuitNow QR, e-wallets and Atome instalments once each has been separately activated. There are two published plans, as of October 2026. Basic costs nothing a year and charges MYR 1.25 per consumer FPX payment and 1.8% per local card payment. Standard costs MYR 999 a year and cuts those to MYR 0.75 and 1.5%. Billplz's help centre says 8% SST is added to the plan fee and to transaction fees. FPX money is paid out the next business day and card money two business days after collection, although the interbank transfer can take another one to two business days to reach your account. Merchants sign Billplz's own user agreement. FPX payments run through Billplz's shared FPX seller ID, and Billplz says Visa has authorised it as a payment facilitator; its help centre says that from 29 August 2026 it processes Visa and Mastercard directly rather than through third-party processors. Only Malaysian businesses and organisations registered with the Companies Commission or the Registrar of Societies, with a bank account in the organisation's name, can sign up. Billplz says more than 60,000 organisations have used it. Independent reviews are scarce, and we found no lawsuits or regulatory action naming it.
KOMOJU is a Japanese payment service that lets online shops take the payment methods Japanese shoppers actually use: cards, convenience-store (konbini) payments, bank transfer, Pay-easy, PayPay and other wallets, carrier billing and prepaid e-money, plus local methods in South Korea, China, Southeast Asia, Europe and Brazil. It is run by KOMOJU Co., Ltd. of Musashino, Tokyo, which was called DEGICA Co., Ltd. until March 2026 and is registered with Japan's Ministry of Economy, Trade and Industry (METI) to sign card merchant contracts. As of October 2026, on its Japan price list cards cost 3.25%, konbini 2.75%, bank transfer 1.4%, and PayPay and similar wallets from 3.5% for physical goods. Those rates exclude Japan's 10% consumption tax, which is added for Japan-registered merchants. There is no setup or monthly fee, but each payout carries a bank transfer fee of 220 to 410 yen in Japan or 2,500 yen to an approved overseas account. Payouts are monthly, by the end of the following month, or weekly on request. The marketing says you can cancel anytime. The merchant terms set a one-year term that renews automatically, ask for three months' written notice to end early, and let KOMOJU withhold funds for six months when it sees chargeback risk. Independent merchant reviews are scarce.
Conekta is a Mexico City online payment company for businesses that sell in Mexico. It takes cards, meses sin intereses (interest-free instalments), SPEI bank transfers, cash payments at stores and BBVA cash machines, Apple Pay, Google Pay, pay-by-bank through BBVA and buy now, pay later. As of October 2026 its published rate for small and mid-size businesses is 3.4% + MX$3 per card sale, MX$12.50 per SPEI transfer and 2.6% + MX$3 per cash payment, all plus 16% IVA. There is no monthly fee and no fixed contract term. Either side can end the agreement on 30 days' written notice. Card sales are deposited two business days later. Conekta signs merchants as a payment aggregator under acquiring banks, but in September 2026 it announced CNBV authorisation to act as a direct non-bank acquirer. In 2024 it sold the cash business behind OXXO Pay to FEMSA, and its current cash network and terms no longer list OXXO. Public review data is thin, and the terms let Conekta hold funds for up to 540 days.
Xendit is a Jakarta-based payments company founded in 2015 by Moses Lo, Tessa Wijaya, Bo Chen and Juan Gonzalez, which went through Y Combinator's Summer 2015 batch as a peer-to-peer payments app and pivoted to payment gateway products in 2016. It now operates in Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore and Hong Kong, and publishes a Mexican rate card as well. A merchant signs Xendit's own services agreement and is paid out of a Xendit balance, under licences held by group companies in each market — a Bank Indonesia payment gateway licence, a Bangko Sentral ng Pilipinas operator-of-payment-system registration, a Bank Negara Malaysia merchant-acquiring licence through Payex, a Bank of Thailand payment service provider licence, and others. Xendit publishes one regional rate card with every method's price, which is its real strength: as of September 2026, domestic cards are 2.9% + IDR 2,000 in Indonesia, 3.5% in the Philippines, 1.9% to 2.0% in Malaysia and 3.2% + THB 10 in Thailand, QRIS is 0.7%, and Indonesian virtual accounts are a flat IDR 9,000. The catch is a pricing overhaul. From 1 October 2026 Xendit adds a fixed processing fee to every transaction attempt — IDR 4,000, PHP 11, MYR 0.90 or THB 7, including failed attempts and refunds — plus a US$25 card chargeback fee, a US$50 monthly minimum for low-volume and dormant accounts and a US$250 monthly charge for merchants still on its legacy API. On small tickets the fixed fee can exceed the percentage. Card settlement is five business days in Indonesia, the Philippines, Malaysia, Thailand and Vietnam. Xendit says it serves more than 15,200 businesses; its most recent widely reported round was a US$300 million Series D in May 2022, at an undisclosed valuation.
Razorpay is the largest online payment aggregator in India, founded in Bengaluru in 2014 by Harshil Mathur and Shashank Kumar and licensed by the Reserve Bank of India as an online, offline and cross-border payment aggregator. It charges a published flat 2% platform fee plus 18% GST on domestic cards, UPI, netbanking and wallets, with no setup fee, no annual charge and free refunds, and reported operating revenue of ₹3,783 crore for the year to March 2025 on an annualised payment volume it put at $180 billion. The product is genuinely good and the pricing is clear; the reason it does not grade higher is the other side of the ledger: a Trustpilot score of 1.4 from 449 reviews dominated by frozen accounts and held settlements, a year-long RBI ban on onboarding new merchants that ended in December 2023, and a corporate story — a March 2025 reverse flip from the United States to India, a one-time charge that pushed it into loss, and a confidential IPO filing in June 2026 — that is still being written.
Fat Zebra is a Sydney online payments company that sells two things: a payment gateway you can plug into your existing bank merchant facility, and an all-in-one service where Fat Zebra provides the acquiring itself. For the second, it is a registered payment facilitator for Visa and Mastercard through Checkout.com Australia and NAB, a third-party processor for Fiserv's Australian acquiring business, and the acquirer of record for eftpos Direct and UnionPay transactions. It started in 2012 and is led by founder and CEO Pred Dragila. Five V Capital took a significant minority stake in February 2024, and Fat Zebra calls itself Australian-owned and independent. It has since bought Adatree, Pin Payments and SecurePay. As of October 2026 the gateway-only plan is listed from $250 a month plus $0.30 per transaction, with a $27.50 chargeback fee and other add-ons published. All-in-one processing rates are quoted per business, and the pricing page warns that minimum monthly fees may apply. From 1 October 2026, when card surcharging ended in Australia, Fat Zebra switched surcharging off for every card type it processes, Amex included. Customers named on its site include PayPal, Zip, MYOB, Sportsbet, RACQ and Aussie Broadband. Independent merchant reviews are almost nonexistent, Fat Zebra does not appear on ASIC's register of financial services licensees, and we found no lawsuit or regulatory action naming the company.
Midtrans is an Indonesian online payment gateway run by PT Midtrans from Jakarta. It launched in 2012 as Veritrans Indonesia, a joint venture with Japanese partners, renamed itself Midtrans in 2016 and was bought by Gojek in December 2017. Gojek merged with Tokopedia in 2021 to form GoTo, and Midtrans now sits in GoTo Financial alongside GoPay. It lets a business with an Indonesian legal presence take rupiah payments online by card, bank virtual account, GoPay and other e-wallets, QRIS, convenience-store cash and pay-later, through a hosted checkout, an API, plugins or payment links. Pricing is published per method with no setup or monthly fee. As of October 2026, cards cost 2.9% + IDR 2,000, virtual accounts IDR 4,000 and QRIS 0.7%. Most fees are quoted before Indonesian VAT (PPN), which is deducted on top. QRIS, GoPay and ShopeePay are the exceptions. On its standard aggregator model Midtrans signs the merchant, collects the funds and pays them out. Its help centre says money can be withdrawn three business days after a payment settles. The merchant terms are accepted during sign-up and are not published on midtrans.com; an undated copy we found describes a one-year, automatically renewing agreement and lets Midtrans hold payouts when it suspects fraud. Public reviews are thin, and the complaints we found describe withdrawals blocked while an account was under review.
Flutterwave is the payment aggregator that most international businesses use to collect from customers across Africa. Founded in 2016 by Olugbenga Agboola and Iyinoluwa Aboyeji, headquartered in San Francisco and Lagos, licensed in 34 African countries and holding Nigeria's switching-and-processing licence since 2022 and a microfinance-bank licence since April 2026, it says it has processed more than a billion transactions worth over $50 billion and was valued at $3.2 billion in June 2026 when Ripple joined its Series E. Pricing is published per country and is simple — 2% on local cards in Nigeria, 2.9% on mobile money in Kenya, 4.8% on any international card since November 2024 — with next-day local settlement and no monthly fee. The B-minus reflects a record a merchant should read before relying on it: Kenya froze about $52 million of its funds in 2022 on money-laundering suspicions (the case was withdrawn in 2023 and the money returned), it still has no Kenyan licence of its own, and a 2023 technical glitch let POS merchants move about ₦19 billion out of the platform.
Wave is a Toronto software company, started in April 2010, that gives away accounting and invoicing to very small businesses and makes its money when those invoices get paid. H&R Block bought it for $405 million in a deal that closed on 1 July 2019, and it has been a subsidiary ever since. Payments run at 2.9% plus 60 cents for Visa, Mastercard and Discover, 3.4% plus 60 cents for American Express, and 1% with a $1 minimum for bank payments, with no monthly fee on the free Starter plan; a $19-a-month Pro plan waives the 60-cent card fee on the first ten transactions each month and adds features. Card money lands in one to two business days, bank payments in one to seven, and eligible accounts can pull an instant payout to a debit card for a further 1%. Since November 2020 Wave has served the United States and Canada only. Its US card processing is powered by Adyen and Stripe, which Wave discloses in its own terms.
Moyasar is a Riyadh payment company that lets Saudi businesses take online payments by mada, Visa, Mastercard, American Express, UnionPay, Apple Pay, Google Pay, Samsung Pay, STC Pay and SADAD bills. Moyasar Financial Company was incorporated in 2015 and is licensed by the Saudi Central Bank (SAMA). It serves Saudi businesses only, and you need a Saudi commercial registration or freelance licence and a Saudi bank account to sign up. Pricing is not published: as of October 2026 its homepage, FAQ and product pages send you to its sales team for rates. Its own terms do set some fees. A chargeback in certain cases costs SAR 200, VAT is charged on top of its fees, and Moyasar may charge extra for an early payout. Funds settle twice a week, on Mondays and Thursdays, by default, and the terms allow up to seven working days. The developer tools are strong. You get a sandbox you can open without talking to sales, clear API docs, mobile SDKs, a WooCommerce plugin, recurring card and Apple Pay billing, split payments for platforms and a payouts API. Moyasar says it serves more than 16,000 businesses. Independent merchant reviews are scarce, so its reputation is hard to judge from outside.
Payrexx is a Swiss payment service provider based in Thun, built for small and mid-size businesses in Switzerland and a handful of European countries. Merchants sign one contract with Payrexx and can take cards, TWINT, PostFinance Pay, wallets, Klarna and other methods online, by payment link, by QR code and in person. As of October 2026 the Swiss price list has three plans: Free at CHF 0, Standard at CHF 19 and Premium at CHF 49 a month on a one-year term, excluding VAT, with discounts for two- and three-year terms. Domestic Visa and Mastercard payments online cost 2.50% + CHF 0.30 on Free, 1.65% + CHF 0.18 on Standard and 1.35% + CHF 0.18 on Premium. Business cards and cards from other regions cost 3.40% + CHF 0.18. Payrexx also works as a gateway for 25 or more outside processors such as PayPal, Stripe and Worldline, for a surcharge of 0.25% to 1% on top of that processor's own fees. Payrexx is not a bank; it is supervised for anti-money-laundering purposes as a member of VQF, a FINMA-recognised self-regulatory organisation. It has applied for an EU payment institution licence through a Liechtenstein subsidiary. Plans renew automatically for the same term unless cancelled in writing 30 days before expiry. New accounts wait 8 days for online funds, and Trustpilot reviews are few and mostly negative.
Eway (formerly styled eWAY) is an Australian online payments company founded in 1998 and owned by Global Payments since 2016. It sells two things. Online Payments is an all-in-one account: Eway supplies the merchant facility and the gateway, through its sister company Ezidebit, at a published flat rate of 1.5% + 25c per Visa, Mastercard or Amex transaction, with a further 1.99% on international credit cards. All prices include GST, and there is no setup fee, monthly fee or lock-in contract. Settlement takes 1 to 3 business days. The Payment Gateway plans connect a merchant account you already hold with your bank. These cost $20, $30 or $60 a month, billed annually, plus 40c to 60c per transaction. Once you have processed 50 transactions you are enrolled in a paid security program unless you opt out, and Eway's own pages give two different prices for it. Eway is online-only, with no terminals of its own, and it does not support Afterpay or Zip. On ProductReview.com.au it is rated 1.1 out of 5 from 21 reviews, with complaints about account closures, held funds and support.
CCAvenue is one of India's oldest online payment gateways. Founder Vishwas Patel launched it in 2001, and it now belongs to AvenuesAI Limited, the listed company called Infibeam Avenues until January 2026. The company is headquartered in GIFT City, Gandhinagar. This review covers the Indian business, which is for websites owned by Indian entities; CCAvenue runs separate sites for the UAE, Saudi Arabia and the USA. CCAvenue is an RBI-authorised payment aggregator. You sign its Master Service Agreement as a sub-merchant, customer payments land in its escrow account, and it pays you out after deducting fees. As of October 2026 the standard online rate is a 2.00% platform fee on domestic cards, netbanking, wallets and UPI, plus 18% GST. Domestic corporate cards and Amex or Diners cost 3%, international cards 3% and multi-currency processing 3.5%. There is no setup fee, but an annual software charge of ₹1,200 plus GST applies from the second financial year. In-store (offline) pricing is on request. The FAQ says payouts are weekly unless your agreement says otherwise. The terms let CCAvenue suspend settlements during an investigation, without paying interest. Payment-method coverage is very broad. Public merchant reviews are few but mostly negative, and they centre on held funds and support that does not respond.
Wompi is a Colombian payment gateway and payment aggregator owned by Bancolombia, part of Grupo Cibest. It is run by WOMPI S.A.S. in Medellín. This review covers Wompi Colombia. The Wompi brand also runs in El Salvador, Panama and Guatemala, but those services have their own terms and pricing. A merchant opens an account online and accepts most of Colombia's common payment methods through one checkout: credit and debit cards, PSE bank transfers, Nequi, the Bancolombia button and QR, Daviplata, cash at Bancolombia correspondents, Puntos Colombia, and buy now, pay later. As of October 2026 the main plan costs 2.65% + COP 700 + VAT per successful transaction, whatever the method, and international cards cost nothing extra. Since 30 September 2026, QR payments cost 1% + VAT. In-person card payments, including contactless payments taken on a phone, cost 1.98% + VAT, a rate Wompi says it has kept. There is no fixed contract term or monthly fee. Payouts arrive the next business day, but only to a Bancolombia or Nequi account. Sending money to another bank goes through Wompi's paid payouts service. The merchant terms only accept businesses and individuals domiciled in Colombia. They also let Wompi hold funds for up to 180 days over fraud alerts or chargebacks, and keep a reserve of up to 15% of sales from higher-risk or higher-volume merchants. Wompi is large and owned by Bancolombia. It reported about COP 50 trillion processed in 2025. The few public user reviews are poor, though, and mostly about declined payments and support.
iyzico is a Turkish online payments company. Barbaros Özbuğutu and Tahsin Işın founded it; it was incorporated in Istanbul on 9 May 2013, and it has held a Turkish payment institution licence since 15 July 2016. Its legal name is iyzi Ödeme ve Elektronik Para Hizmetleri A.Ş., and the Central Bank of the Republic of Türkiye lists it as a licensed electronic money institution. PayU, then owned by Naspers, agreed to buy it in 2019 for a reported $165 million. The deal closed on 20 December 2019, and at the end of 2025 PayU Fintech Holdings B.V. owned all of it, with Prosus and Naspers as ultimate parents. iyzico signs Turkish businesses directly and gives them one integration for cards from every Turkish bank, including the bank instalment programmes Turkish shoppers expect. As of September 2026 its Virtual POS page lists 4.29% + TRY 0.25 per successful transaction for companies selling more than TRY 20,000 a month, with no setup or monthly fee; its help centre says that figure includes BSMV, the Turkish banking transaction tax. Payouts are weekly by default, paid in lira. The application asks for Turkish company documents, so it appears to be built for businesses registered in Turkey rather than for foreign companies selling into Turkey.
Cashfree Payments is a Bengaluru payment aggregator founded in 2015 by Akash Sinha, its chief executive, and Reeju Datta. It sells an online payment gateway covering cards, UPI, netbanking, wallets, EMI and Pay Later, plus payment links and forms, subscriptions, split settlements, instant settlements, bulk payouts, identity verification and a cross-border gateway that lets Indian sellers take cards, Apple Pay and PayPal in more than 140 currencies and settle in rupees. It holds RBI authorisation as an online payment aggregator (final approval announced in December 2023, after a year-long RBI pause on onboarding new merchants) and was reported in July 2024 as the first company to get the cross-border (PA-CB) export-and-import authorisation. It is private: its February 2025 round of US$53 million was led by the video-game publisher KRAFTON with Apis Growth Fund II, at a valuation TechCrunch, citing a source familiar with the terms, put at US$700 million; earlier backers include Y Combinator, Apis and State Bank of India. As of September 2026 the standard platform fee on domestic methods is 1.95% plus 18% GST on the fee, international cards are 2.99%, and instant settlement starts at 0.30%. Standard settlement is T+2 under its terms. In March 2026 the RBI fined it ₹3.10 lakh after finding it had made impermissible debits from its escrow account.
FreshBooks Payments is the built-in way to get paid on a FreshBooks invoice. FreshBooks, the Toronto accounting software company founded in 2003 by Mike McDerment, rebuilt the product on Stripe Connect in 2024, retiring the WePay-powered version in the process, and now runs it as a white-labelled Stripe account you open from inside FreshBooks. It is sold only to businesses in the United States and Canada, on top of a FreshBooks subscription ($23 to $70 a month at list, or the custom Select plan). Published US pricing is 2.9% + $0.30 on domestic consumer cards, 3.5% + $0.30 on American Express and business cards, 1% on ACH with no cap outside Select, 3.5% + $0.30 on anything run through the $20-a-month Advanced Payments add-on (virtual terminal, saved cards, AutoPay), 6% + $0.30 on Affirm and Afterpay, plus 1.5% for cards issued abroad, 2% for currency conversion and $15 per dispute. Card money arrives two business days after the charge once the account is established, but every new account waits seven business days for its first payout, and Stripe's reserves and verification holds apply. There is no monthly fee, no minimum and no contract for the payments product itself. It is convenient and priced at the Stripe standard for small invoices; it is a poor fit for a business collecting large bank transfers, which pay the full 1% with no ceiling.
Squarespace Payments is the native payment processor inside Squarespace, the New York website builder founded by Anthony Casalena in 2003 and taken private by Permira in October 2024 for about $7.2bn. Announced in October 2023 and rolled out first in the United States, it now covers fifteen countries and lets a Squarespace merchant accept cards, ACH, Klarna, Afterpay and other methods without connecting Stripe or PayPal, with payments, payouts, refunds and disputes managed inside the Squarespace dashboard. Underneath, Squarespace's own help documentation describes Stripe as its processing services partner, so this is a payment facilitator layered on Stripe rather than a new acquirer. US pricing is published in full: 2.9% plus 30¢ on standard cards on the Basic and Core plans, 2.7% on Plus and 2.5% on Advanced, a 1.5% surcharge on international cards, 3.2% plus 30¢ on American Express and premium cards, ACH at 1% to 1.5%, and a $20 dispute fee. Payouts are daily and reach a US bank account in one to two business days. The case for it is convenience and, on the higher plans, a modest rate cut; the case against is that it is no cheaper than Stripe direct on the plans most merchants are on, it is locked to Squarespace, and a steady stream of complaints describes risk holds on funds with no phone number to call.
Paytm Payment Gateway is the online payments business of Paytm Payments Services Limited (PPSL), a wholly owned subsidiary of One 97 Communications, the listed company behind the Paytm brand. It lets Indian businesses take UPI, cards, net banking, EMI and wallet payments on a website or app, and settles in rupees to an Indian bank account, by default the next day. As of October 2026 the standard plan is 1.99% per transaction with 18% GST on top, no setup fee, and custom pricing for large businesses. PPSL is a Reserve Bank of India-authorised Payment Aggregator: it signs the merchant, pools customer funds in an escrow account and settles them, which makes it a payment facilitator rather than a bare gateway. That authorisation came late. The RBI turned down PPSL's first application in November 2022 and barred it from onboarding new online merchants. The bar was lifted with in-principle approval in August 2025, and the full certificate followed on 26 November 2025. Offline and cross-border authorisations were added on 17 December 2025. The RBI action that closed Paytm Payments Bank, which ended in the cancellation of its banking licence on 24 April 2026, concerned a separate group company and not PPSL. The product is broad and built for scale. The published merchant terms, however, list fees that are hard to reconcile with the one-line pricing page, and they favour Paytm on fee changes, withheld settlements and liability.
Payfast is a Cape Town online payment service for South African businesses, sole traders and registered non-profits, now trading as Payfast by Network after Network International bought its parent, DPO Group, in 2021. Its standard "aggregation" account needs no merchant bank account: Payfast collects payments, holds the money and pays it out to a South African bank account. As of October 2026 it lists 3.2% + R2.00 per card payment and 2% + R2.00 per Instant EFT, all excluding VAT, with R8.70 per standard payout and R2.00 per refund. Businesses processing more than R50,000 a month can ask for custom pricing, and merchants that already have a bank merchant account can use its Paygate gateway at quoted rates. It now also sells card machines, at 2.5% for local cards, R999 or R1,499 per device and R49 a month. The published price list is clear and the checkout supports a long list of local payment methods. Its general terms are tougher than the marketing suggests, though: a 36-month term that renews automatically, wide powers to hold funds for up to 540 days, and a minimum monthly fee for low-volume accounts whose amount is set in the application, not on the website. Recent public reviews are mostly complaints about verification delays and held funds.
Usio, Inc. (Nasdaq: USIO) is a San Antonio, Texas payments company that started in July 1998 as Billserv.com. It became Payment Data Systems in 2003 and Usio in 2019. Its main pitch is to software companies: through its PayFac-in-a-Box or Payfac-as-a-Service program, a software platform can sign up its own customers as sub-merchants and share in the processing revenue, without registering as a payment facilitator itself. Around that sit ACH processing (Usio is a Nacha Certified Third-Party Sender), card processing, PINless debit, remotely created checks, prepaid card issuing, and a bill print, mail and e-billing business. In 2025 Usio processed $8.4 billion across all payment types and reported revenue of $85.4 million and a net loss of $2.5 million. Usio does not publish its processing rates. Pricing is quoted per account, and its terminals are the only prices on its website. Its 2025 annual report says most of its merchant customers sign long-term contracts, generally for three years. There is very little public feedback from merchants: the BBB has no complaints and no rating, Trustpilot has no reviews, and G2 shows 24 reviews, all five-star.
Omise is an online payment company founded in Bangkok in 2013 that takes card, QR, bank and e-wallet payments for merchants in Thailand, Japan, Singapore and Malaysia. Its parent rebranded as Opn in May 2022 and switched back to the Omise brand in March 2025; the holding company is still OPN Holdings Co., Ltd. in Tokyo, and opn.ooo now redirects to omise.co. Each country has its own published, pay-per-transaction price list with no setup or monthly fee. As of October 2026, cards cost 3.65% plus 7% VAT in Thailand, 3.30% + SGD 0.30 in Singapore and 2.50% (domestic) or 3.80% (international) in Malaysia. In Japan, card rates start at 2.95% and rise to 4.55% if you want your money sooner. Local methods are often cheaper: PromptPay is 1.65% in Thailand, PayNow 1.00% + SGD 0.15 in Singapore and DuitNow QR 1.50% in Malaysia. Omise signs the merchant agreement itself, collects the money on your behalf, keeps it on hold for a set period (7 days in Thailand, 1 in Singapore, 3 in Malaysia, 21 by default in Japan) and then lets you withdraw it for a small transfer fee. It is licensed by the Bank of Thailand and holds a Major Payment Institution licence from the Monetary Authority of Singapore. Public merchant reviews are scarce, so its reputation rests mostly on its licences, its long history and its backers rather than on user ratings.
Tap Payments is a payment gateway and payment facilitator for businesses in the Gulf and wider Middle East. It started in Kuwait, says it was founded in 2014 by Ali Abulhasan (other sources give 2012 or 2013), and is now licensed by the central bank or its equivalent in all six GCC states and in Egypt. Merchants sign a contract with Tap's local company and accept local debit schemes (KNET in Kuwait, mada in Saudi Arabia, Benefit in Bahrain), Visa, Mastercard, Amex, Apple Pay and regional wallets and buy-now-pay-later options through one integration, plus payment links, invoicing and card terminals in Kuwait. Tap publishes maximum prices in its country terms and conditions. As of October 2026 the Kuwait terms list KNET at 1% + 100 fils and local Visa and Mastercard at 2.75% + 100 fils, with up to 25 KD a month or a setup fee of up to 500 KD. The Saudi terms list mada at 1% and local cards at 2.5%, each plus a 1 SAR service fee. The UAE terms list local cards at 2.75% + 1 AED, with payouts five days after the transaction. Contracts run for a year and renew automatically, with 30 days' notice to leave. Tap says it serves more than 100,000 businesses, including large regional brands, but its Trustpilot profile scores 1.7 from 155 reviews (44% one-star, 42% five-star), with complaints about closed accounts and funds held for long periods.
BitPay is a cryptocurrency payment processor founded in May 2011 by Tony Gallippi and Stephen Pair, now based in Alpharetta, Georgia, and by its own description the world's longest-operating crypto payments company. A merchant is quoted in fiat, the customer pays in bitcoin, a stablecoin or another supported asset, and BitPay settles to the merchant's bank account in dollars on the next business day, absorbing the price movement. Its merchant pricing is published in full — 2% + 25 cents under $500,000 a month, 1.5% + 25 cents to $999,999, and 1% + 25 cents above $1 million — which puts it ahead of most of the payments industry on transparency. Crypto payments are push transactions, so there are no chargebacks. The company holds a BBB A without accreditation, settled with the US Treasury's sanctions office in 2021 over 2,102 apparent violations, and carries a 1.2-star Trustpilot score driven overwhelmingly by consumers using its wallet rather than by merchants.
PayU India is the Indian payment gateway of Prosus, the Amsterdam-listed technology group majority owned by Naspers. According to PayU's own timeline the gateway was launched in 2011 by ibibo, the Naspers-backed Indian internet group, and demerged from it as PayU India in 2014; it bought Citrus Pay in 2016 and the card-authentication company Wibmo in 2019, and is run by Anirban Mukherjee, who became global PayU chief executive in October 2023. This review covers PayU India only: Prosus agreed in 2023 to sell PayU's businesses outside India, Turkey and South-East Asia to Rapyd for US$610 million, Rapyd completed the Latin American and African part in March 2025, and PayU sites in other countries are different companies with different terms. The contracting entity, PayU Payments Private Limited of Gurugram, received final RBI authorisation as an online payment aggregator in May 2025 and, according to November 2025 press reports, an integrated authorisation covering online, offline and cross-border payments. That came after the RBI returned its first application in January 2023 and PayU stopped onboarding new online merchants until it announced in-principle approval in April 2024. As of September 2026 PayU's pricing page lists 2% for domestic Visa and Mastercard cards, net banking, BNPL and wallets and 3% for Diners, American Express, EMI and international transactions, plus 18% GST, with no setup fee and T+2 standard settlement. UPI, priority settlement, POS and detailed international pricing are quoted, not published. The trade-offs are terms that let PayU hold settlements, demand reserves and keep funds for 210 business days after termination, and weak public merchant feedback.
Mangopay is payment infrastructure for marketplaces and platforms rather than a processor a shop signs up with. It launched in 2013 as a spin-off of the French group-gifting site Leetchi, was bought by Crédit Mutuel Arkéa in 2015, and has been majority-owned by Advent International since April 2022, which put €75 million of new capital in at the same time; Sergi Herrero, previously global director for payments and commerce partnerships at Meta, has been chief executive since September 2024. Mangopay S.A. is registered in Luxembourg and licensed by the CSSF as an electronic money institution, which is the core of the product: it can open an e-wallet for every buyer and seller on a platform, hold funds there, split a payment between several parties, and pay out later — the money movement a marketplace legally cannot do itself without a licence of its own. Its UK arm, Mangopay U.K. Limited, has been an FCA-authorised electronic money institution since 2023, under firm reference 984753. The company says it has created 207 million wallets and processed €68 billion in transactions, and its named clients are the big European marketplaces: Vinted, Wallapop, Chrono24, Rakuten France, ManoMano, Malt, Mirakl. It bought the Polish anti-fraud firm Nethone in November 2022 and the Dublin payment orchestrator WhenThen in March 2023, and now sells fraud screening, identity verification, FX across twenty-plus wallet currencies, payouts in thirty-plus countries and virtual IBANs alongside the core wallet. What it does not do is publish prices: pricing is custom and volume-based, quoted per platform, with no self-serve tier and no public rate card.
2C2P is a Southeast Asian payments company, founded in Bangkok in 2003 by Aung Kyaw Moe and now headquartered in Singapore. Since April 2022 it has been majority-owned by Ant International (then Ant Group's international business), and since October 2025 it has traded as "2C2P by Antom". It still signs and onboards merchants under its own name. Merchants contract with a local 2C2P company in Singapore, Thailand, Malaysia, the Philippines or Hong Kong. In Indonesia the published agreement is with PT Dompet Elektronik Indonesia, and in Vietnam the licensed provider is partner M-Pay. 2C2P collects payments on their behalf through its partner acquiring banks and payment channels, deducts its fee and remits the rest. As of October 2026 it says it supports more than 400 payment methods, including cards, wallets, QR, bank transfers, instalments and cash at over 600,000 over-the-counter points, along with payouts, card and wallet issuing, and an airline payment orchestration product. It holds a Major Payment Institution licence from the Monetary Authority of Singapore, and its Thai companies hold Bank of Thailand payment licences. Pricing is quoted per account, and settlement timing is set in each merchant's signed proposal. Its published Merchant Service Agreement runs for a year, renews automatically, needs 90 days' written notice to end, and lets 2C2P withhold funds for up to 180 days after the last transaction. It suits mid-size and large businesses selling across several Southeast Asian markets. Small single-country sellers will find onboarding heavier than self-serve alternatives.
Paymob is a payment provider for businesses in Egypt, the UAE, Saudi Arabia and Oman. Islam Shawky, Alain El Hajj and Mostafa Menessy started it in 2015 as students at the American University in Cairo. It signs merchants directly through local companies in each country and handles online card payments, payment links, subscriptions, instalments, mobile wallets and, in Egypt, card terminals. When it announced a $35 million pre-Series C round in September 2026, co-led by Mubadala and the EBRD, it said it serves more than 390,000 merchants across those four countries and that the Gulf now brings in close to half its revenue. Its UAE company is on the Central Bank of the UAE's register as a Category III retail payment services licensee, and it announced a full payment service provider licence from the Central Bank of Oman in January 2024. As of September 2026 its pricing pages list per-transaction rates in local currency: 2.75% + EGP 3 in Egypt, 2.9% + AED 1 in the UAE, and in Saudi Arabia 1% + SAR 1 on mada, 2.7% + SAR 1 on Visa and Mastercard and 3.5% + SAR 1 on international cards. Other Saudi pages show different card rates. Payouts are weekly in Egypt and the UAE and twice a week in Saudi Arabia. Read the country terms before you sign: the UAE terms tie you in for 24 months and add a monthly charge if you process less than AED 10,000. The UAE and Saudi terms both let Paymob withhold settlements and keep disputed amounts for 120 days or longer.
Cantaloupe is the Malvern, Pennsylvania company behind the ePort card readers found on vending machines, arcades, laundromats and car-wash vacuums, plus Cantaloupe Go micro-market kiosks, smart stores and the Seed route-management software. The company was incorporated in 1992 as USA Technologies and renamed Cantaloupe in April 2021. It is no longer independent: 365 Retail Markets, a Providence Equity portfolio company, completed its roughly $848 million purchase on 8 May 2026 and took it off Nasdaq. As of September 2026 Cantaloupe still sells under its own name, with its own store, pricing and support lines, and 365 has told customers that products, pricing and agreements are not changing for now. Operators sign Cantaloupe's Master Services Agreement and become sub-merchants under its processing relationship, so Cantaloupe collects the card money and pays it out weekly, after deducting its fees. Standard card-reader pricing is published: a reader kit bought outright (from $329 in the online store) carries a $9.95 or $12.95 monthly service fee and 5.95% of each card sale, on a 12-month commitment. One third-party guide reports a 10-cent per-transaction fee on top, which no Cantaloupe page shows. Readers can also be rented through Cantaloupe One from $18.95 a month with no upfront cost, but that is a 36-month commitment and the 5.95% still applies. It is one of the largest unattended-payments providers, with 1.30 million active devices and 36,928 active customers in its last public filing (March 2026); Nayax, which we also review, reports about 1.55 million devices worldwide. Its record is weak, though: an SEC accounting-fraud settlement over fiscal 2017–2018 revenue, a D- BBB rating with 40 complaints in three years, and recurring complaints about activation delays, missed deposits and service fees billed on devices operators believed were cancelled.
A Venmo business profile lets a sole proprietor, club or registered business accept payments from Venmo's 67 million monthly users inside the app — by username, QR code, or, since March 2024, Tap to Pay on a phone — and it is the only Venmo product that a merchant signs up for directly rather than through PayPal or Braintree. Venmo was founded in New York in 2009 by Andrew Kortina and Iqram Magdon-Ismail, bought by Braintree in 2012 and by PayPal with Braintree in 2013; it is operated by PayPal, Inc., which holds money-transmitter licences in every US state and is not a bank, and business profiles were opened to all sellers in February 2021. On PayPal's fee page as of September 2026 a business profile pays 1.9% + $0.10 on every payment of $1 or more it receives from another Venmo account, and 2.29% + $0.09 on a contactless card or wallet accepted with Tap to Pay, which is available on iPhone and Android in the United States only. There are no monthly, setup or chargeback fees, receiving is unlimited, and money moves to a bank for free in one to three business days or in minutes for 1.75% (minimum $0.25, maximum $25). The customer pays nothing extra, even when funding with a credit card, and buyers get Venmo's Purchase Protection on business-profile payments. What it is not is a merchant account: there is no interchange-plus, no invoicing, no card-on-file, no integrations, no seller protection beyond documented shipped-goods claims, one login per profile, management only in the app — and an operator whose 1.1 TrustScore from 1,268 reviews and 4,581 BBB complaints in three years are dominated by frozen accounts and held balances.
Nayax is an Israeli payments and commerce platform built for unattended retail — vending machines, kiosks, car washes, laundromats, amusement machines, coffee service and, increasingly, EV charging. Founded in 2005 by Yair Nechmad and David Ben Avi and headquartered in Herzliya, it listed on the Tel Aviv Stock Exchange in May 2021 and on Nasdaq in September 2022. In the second quarter of 2026 it reported revenue of $122.6 million, up 28.2%, on total transaction value of $2.056 billion across 815 million transactions, 1.553 million managed and connected devices and 125,400 customers, at a blended take rate of 2.62%. Its US retail plan is published at $99 a month with no transaction fee on the first $5,000 of monthly volume. Against that: a February 2025 consent decree with the Israeli Competition Authority over its OTI acquisition, a July 2026 cloud security incident, 79 BBB complaints in three years and a 2.2-star Trustpilot.
Unzer is a German payments group that sells online payments, card terminals, cash-register software and white-label buy-now-pay-later to small and mid-sized merchants, mainly in Germany and Austria, with a Danish arm (Clearhaus and Quickpay) serving webshops in the Nordics. It began in 2003 as heidelpay, co-founded in Heidelberg by Mirko Hüllemann, grew through about a dozen acquisitions under private-equity owners AnaCap and then KKR, and took the Unzer name in September 2020. The group company, Unzer Group GmbH, is registered in Berlin. Merchants contract with Unzer Luxembourg S.A. (a CSSF-supervised payment institution) or Unzer E-Com GmbH (a BaFin-supervised payment institution in Heidelberg), with Unzer POS GmbH and Tillhub GmbH supplying terminals and till software. Unzer says it had €225.0 million of revenue and 90,000 merchants in 2025. As of September 2026 its English pricing page quotes online payments from 1.50% + €0.20 and in-store payments from 0.99% + €0.20, and its terminal shop lists the POS Go all-in-one till at €0 a month with card fees from 1.29%, but most real prices are set in a quote and the contract length is not published. The history matters: in 2022 BaFin fined Unzer E-Com €350,000 and banned it from taking on new customers over anti-money-laundering failings, and Luxembourg's CSSF fined Unzer Luxembourg €145,000. BaFin partly eased the ban in March 2024 and lifted it fully in October 2024. In 2023 KKR agreed to hand majority control to the company's lenders, according to press reports.
Fullsteam is a payments and vertical-software holding company founded in 2018 and headquartered in Auburn, Alabama, with a second base in Atlanta. Its model is unusual enough to explain before anything else: rather than selling merchant accounts directly, Fullsteam buys the industry-specific software small businesses already run on — association management, self-storage, field services, healthcare practice management, automotive, wine, hospitality — and embeds its own payment processing into those products. It registered as a Visa payment facilitator in 2019, and by its own account it now employs more than 2,100 people and serves over 60,000 customers, having acquired dozens of software businesses since 2018. For a merchant, that means Fullsteam is usually not a company you chose. It is the company that started processing your payments after the software vendor you did choose was acquired. The product side of that bargain is real: modern embedded payments, one support and reporting layer, and back-office scale a small software vendor could not fund. The commercial side is where the criticism sits. Fullsteam publishes no pricing at all, and a payments-audit firm has documented five rate increases since May 2023, most recently in April 2026.
An embedded-payments specialist that sells to software platforms first and merchants second. Fortis plugs card acceptance into ERP and business software — Acumatica, Microsoft Dynamics 365, NetSuite, QuickBooks, Sage — and is registered as both a payment facilitator and an ISO for several banks, including KeyBank and Fifth Third. It took a growth recapitalisation from Audax Private Equity alongside existing investor Lovell Minnick in March 2025. It publishes no pricing at all, and the third-party sources describing its contract terms flatly contradict each other, which is the single most important thing to know before you sign.
EBANX is a cross-border payments company founded in Curitiba, Brazil in 2012 by Alphonse Voigt, Wagner Ruiz and João Del Valle, built to let companies outside Latin America sell to Brazilian shoppers in reais through local methods such as boleto and, later, Pix. It now says it covers more than 20 emerging markets across Latin America, Africa and Asia with more than 200 payment methods, serves more than 500 merchants — Spotify, Uber, AliExpress, Microsoft and Booking.com among the names on its site — and grew total payment volume 48% in 2025, with 65% of gross profit earned outside Brazil. It became a unicorn after a 2019 round from FTV Capital and Endeavor Catalyst, took a $400 million investment from Advent International in June 2021, plus a $30 million commitment to a planned US listing, and postponed that IPO in February 2022; it remains private. The model is an aggregator's: a foreign merchant signs a single agreement with EBANX's Singapore entity, EBANX group companies collect from shoppers locally, handle the currency exchange and taxes such as Brazil's IOF, and wire the net proceeds abroad in US dollars or euros — no local entity needed. Pricing is negotiated and unpublished. The published standard terms are merchant-unfriendly by default: a three-year term, an 80% exclusivity commitment, a fixed 4% reserve on every settlement for the first 180 days, funds available seven days after payment, and a $15 chargeback fee. On the shopper side, EBANX's Reclame Aqui page is rated 'Not recommended', with 2,683 complaints between March and August 2026 and none answered there. In 2020 it settled a Brazilian central bank case over a discontinued consumer foreign-currency account by paying R$880,000 under a commitment term.
Blackbaud Merchant Services — renamed Blackbaud Integrated Payments (BBIP) in 2025 — is the payment processing built into Blackbaud's fundraising, school and CRM software: Raiser's Edge NXT, eTapestry, Luminate Online, Blackbaud Tuition Management and the rest. Blackbaud, founded in Charleston, South Carolina in 1981 and listed on Nasdaq, does not process or hold the money itself; under its August 2025 payments terms the designated processor is Stripe, Inc., and each organization signs Stripe's sub-merchant agreement through Blackbaud. The published US rate is 2.99% + $0.30 per card transaction (3.5% + $0.30 on American Express), 1% + $0.30 capped at $5 for ACH, and a $15 chargeback fee, with no setup or monthly processing fee. What the rate card does not show is the rest of the bill: a payment enablement fee charged to every customer with a payments-capable product whether or not they process anything, a new online-form platform fee of 1.5% to 2% on top of processing from 1 July 2026, and a software subscription that renews on a standard three-year term unless you give 45 days' notice. Add the 2020 ransomware breach — a $49.5 million multistate settlement, a $3 million SEC penalty, a $6.8 million California judgment and a 2024 FTC order — and a D- BBB rating for the company, and the convenience of one integrated system carries a real cost. It is the default for organizations already committed to Blackbaud software; it is not a processor anyone picks on its own merits.
ProPay is a Lindon, Utah payment facilitator that has sold instant-activation card acceptance to home-based sellers, direct-selling distributors and small merchants since 1997, and now operates as a subsidiary of Global Payments after TSYS bought it for $123.7 million in December 2012. Its model is unusual: an annual membership fee rather than a monthly one, a flat blended rate, funds that settle into a ProPay account before being transferred to your bank for a per-transfer fee, and single-transaction and monthly processing caps that rise only with history. As of September 2026 the public pricing page's rate table is empty, so the only official numbers are a fee schedule that says 'up to 3.50% plus $0.35' per card transaction and an annual membership fee of 'up to $299.95'. The Better Business Bureau shows 240 complaints in three years and an average review score of 1.02 out of 5, and ProPay remains a defendant in the TelexFree pyramid-scheme litigation twelve years after it was filed. It works as a plumbing layer for direct-selling companies; as a standalone merchant account it is hard to recommend over a modern aggregator.