Small Business Payment Processing 101


Tue. May. 15, 2018 2:57pm

There are a lot of options out there for payment processing. You’ve probably heard of Square, PayPal and more.

But most of those options are stand-alone, out-of-the-box systems that may not exactly fit your business.

What to Look For in Your Next Payment Processor

1. Mobility

Your business isn’t run 100% behind a desk, so you shouldn’t limit your ability to get paid to a desk either. The common payment processors solve this problem with plug-in card swiping technology.

Here’s the problem with those:

They lose connection all the time, making for a poor customer experience.

They’re expensive to purchase and replace.

They’re clunky and annoying to keep track of.

Choose a payment processor that can process payments through your mobile phone without a plug-in swiper, either via its camera or even manual card number entry.

2. Competitive Pricing

Payment processing isn’t cheap. Most payment processors out there charge by the swipe and add fees for any out-of-the-ordinary instances.

Look for:

Rates under 3%, and less than .30 per transaction.

A processor that doesn’t add on sneaky charges for online or over-the-phone instances, otherwise called “card not present” or CNP transactions.

3. Connectivity

Imagine what you could accomplish if your payment processor was connected to your sales communications tools (like invoicing and receipts), customer records and even your marketing tools?

When everything’s connected, you have more insight into customer trends and can keep conversations open after you get paid, to keep them coming back.

With Thryv, you never need a clunky credit card swiper, so you’re always mobile and ready to get paid.

It also comes with the lowest rate in the industry, and never charges you when the card’s not present.

And since it connects to your other business automation tools, you’ll know your highest paying customers so you can continue to nurture them with timely emails and texts.

Thryv, your all-in-one management software, built for small business.

For more information:

Thrive with Thryv Software.

For a Free Demo Call: 888-733-9482

Thryv Pricing:

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