Best Credit Card Processing Companies for Fast Payments

On top of deposit times and pricing, consider your business’s size and industry.

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Updated Jul 14, 2025 · 1 min read

Written by

Lead Writer & Content Strategist

+ more

Edited by

Head of Content, Small Business

+ more

SOME CARD INFO MAY BE OUTDATED

This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer.

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

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.

Square Square Payments Processing

Annual Fee

Read Review

Apply Now

on Square's website

Pros

Free next-business-day deposits.

Same-day transfers available for a fee.

Free POS software plan.

No long-term contracts or termination fees.

Cons

Complex industries might prefer a more specialized system.

Pricing

Payment processing fees

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.

Monthly software fees

$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.

» MORE: Best POS systems

Finix: Best for larger small businesses

4.8

NerdWallet rating

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 an extra 1.5% of the transaction total 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.

Finix Finix

4.8

NerdWallet rating

Annual Fee

Apply Now

on Finix's website

Pros

Free next-day deposits.

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.

Pricing

Payment processing fees

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

Monthly software fees

$79 and up.
One-month free trial for NerdWallet readers.

» MORE: Cheapest credit card processing companies

Chase Payment Solutions: Best built-in banking partner

4.6

NerdWallet rating

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.

Chase Chase Payment Solutions℠

4.6

NerdWallet rating

Annual Fee

Apply Now

on Chase's website

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).

Pricing

Payment processing fees

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.

Monthly software fees

$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

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.

Pricing

Payment processing fees

2.69% for in-person transactions.
3.49% plus 19 cents for online, keyed and virtual terminal transactions.

Monthly software fees

$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

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.

QuickBooks QuickBooks Payments

3.8

NerdWallet rating

Annual Fee

Read Review

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.

Pricing

Payment processing fees

For QuickBooks Online users

2.5% for in-person payments.
2.99% for online and invoiced payments.
3.5% for manually keyed payments.
1% for ACH transactions.

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.
1% per ACH transfer.

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.
1% per ACH transfer.

Monthly software fees

$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.

» Looking for more options? Explore our full list of the best credit card processing companies

Article sources

NerdWallet writers are subject matter authorities who use primary, trustworthy sources to inform their work, including peer-reviewed studies, government websites, academic research and interviews with industry experts. All content is fact-checked for accuracy, timeliness and relevance. You can learn more about NerdWallet's high standards for journalism by reading our editorial guidelines.

FEATURED

Square Square

5.0

NerdWallet rating

APY

Read Review

Apply Now

on Square's website

Best Payment Processing Companies

Product	Payment processing fees	Monthly fee	Learn more
Square Nerdwallet Rating 5.0 Learn more on Square's website	2.6% + 15¢ in-person; 2.9% + 30¢ online.	$0 Starts at $0/month for unlimited devices and locations.	Learn more on Square's website
Helcim Nerdwallet Rating 5.0 Learn more on Helcim's website	0.40% + 8¢ plus interchange, in-person; 0.50% + 25¢ plus interchange, online.	$0	Learn more on Helcim's website
Stripe Payments Nerdwallet Rating 5.0 Learn more on Stripe's website	2.7% + 5¢ in-person; 2.9% + 30¢ online.	$0	Learn more on Stripe's website
Shopify POS Nerdwallet Rating 5.0 Learn more on Shopify's website	2.6% + 10¢ in-person; 2.9% + 30¢ online (Basic plan).	$39 and up for e-commerce plans with POS Lite; Can upgrade to POS Pro for an extra $89.	Learn more on Shopify's website