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Best Mobile Payment Apps for Small Businesses
Product | Best for | NerdWallet rating | Payment processing fees | Monthly fee | Learn more |
---|---|---|---|---|---|
on Square's secure website | Overall mobile payment app | In-person: 2.6% + $0.15 Online: 2.9% + $0.30 | $0 Starts at $0/month for unlimited devices and locations. | on Square's secure website | |
on Stripe Payments' secure website | International businesses | In-person: 2.7% + $0.05 Online: 2.9% + $0.30 | $0 | on Stripe Payments' secure website | |
on Helcim's secure website | High-volume businesses | In-person: 0.4% + $0.08 Online: 0.5% + $0.25 Plus interchange | $0 | on Helcim's secure website | |
on Shopify Payments' secure website | Online-first businesses | In-person: 2.6% + $0.10 Online: 2.9% + $0.30 | $39 Basic plan; $105 Shopify plan; $399 Advanced plan. | on Shopify Payments' secure website | |
Accepting payments with a QR code | 1.9% + $0.10 Between Venmo accounts. | $0 | |||
on Clover's secure website | Built-in loyalty program | 3.8
/5
| In-person: 2.6% + $0.10 Online: 3.5% + $0.10 | $0 and up. | on Clover's secure website |
Invoicing | In-person: 2.5% + $0.00 Online: 2.99% + $0.00 | $0 | |||
Variety of payment options | In-person: 2.29% + $0.09 Online: 3.49% + $0.09 | $0 |
Best Mobile Payment Apps for Small Businesses
Online: 2.9% + $0.30
Starts at $0/month for unlimited devices and locations.
on Square's website
Pros
- Offers a free mobile card reader and free POS software plan.
- Can subscribe to related services, such as payroll, that integrate with its POS system.
- No termination fees or long-term contracts.
- No chargeback or PCI compliance fees.
Cons
- Complex businesses might prefer a processor that integrates with more specialized POS systems.
Square
Best for Overall mobile payment app
Online: 2.9% + $0.30
Starts at $0/month for unlimited devices and locations.
on Square's website
Pros
- Offers a free mobile card reader and free POS software plan.
- Can subscribe to related services, such as payroll, that integrate with its POS system.
- No termination fees or long-term contracts.
- No chargeback or PCI compliance fees.
Cons
- Complex businesses might prefer a processor that integrates with more specialized POS systems.
Pros
- Highly customizable online checkout options.
- No termination fees or long-term contracts.
- 24/7 chat support.
- Can process transactions in more than 135 currencies.
- No PCI compliance fees.
Cons
- Doesn’t sell full countertop POS setups; hardware is limited to handheld terminals and card readers.
- Deposits can take up to two business days.
- No phone or email support.
Stripe
Best for International businesses
Online: 2.9% + $0.30
on Stripe's website
Pros
- Highly customizable online checkout options.
- No termination fees or long-term contracts.
- 24/7 chat support.
- Can process transactions in more than 135 currencies.
- No PCI compliance fees.
Cons
- Doesn’t sell full countertop POS setups; hardware is limited to handheld terminals and card readers.
- Deposits can take up to two business days.
- No phone or email support.
Online: 0.5% + $0.25
Plus interchange
on Helcim's website
Pros
- Businesses save when customers use cards with low interchange rates.
- Offers free POS software.
- Offers volume-based discounts automatically.
- No termination fees, long-term contracts or PCI compliance fees.
Cons
- Deposits are available within two business days; same-day deposit option is not available.
- Interchange-plus costs can be difficult to predict.
Helcim
Best for High-volume businesses
Online: 0.5% + $0.25
Plus interchange
on Helcim's website
Pros
- Businesses save when customers use cards with low interchange rates.
- Offers free POS software.
- Offers volume-based discounts automatically.
- No termination fees, long-term contracts or PCI compliance fees.
Cons
- Deposits are available within two business days; same-day deposit option is not available.
- Interchange-plus costs can be difficult to predict.
Online: 2.9% + $0.30
Basic plan; $105 Shopify plan; $399 Advanced plan.
on Shopify's website
Pros
- Hundreds of e-commerce website templates available.
- Can customize checkout page.
- Higher-tier plans offer less expensive online processing rates (as low as 2.5% plus 30 cents).
- No long-term contracts.
Cons
- E-commerce plan with monthly fee is required to use Shopify Payments.
- Monthly POS subscription costs can be expensive.
Shopify Payments
Best for Online-first businesses
Online: 2.9% + $0.30
Basic plan; $105 Shopify plan; $399 Advanced plan.
on Shopify's website
Pros
- Hundreds of e-commerce website templates available.
- Can customize checkout page.
- Higher-tier plans offer less expensive online processing rates (as low as 2.5% plus 30 cents).
- No long-term contracts.
Cons
- E-commerce plan with monthly fee is required to use Shopify Payments.
- Monthly POS subscription costs can be expensive.
Pros
- Low per-transaction fees between Venmo accounts.
- No monthly costs or setup fees.
- Ability to accept payments via QR code.
- Venmo sends tax forms to your business if you meet certain income thresholds.
Cons
- Instant bank transfers cost extra.
- Not available outside of the U.S.
Venmo Business Account
Best for Accepting payments with a QR code
Between Venmo accounts.
Pros
- Low per-transaction fees between Venmo accounts.
- No monthly costs or setup fees.
- Ability to accept payments via QR code.
- Venmo sends tax forms to your business if you meet certain income thresholds.
Cons
- Instant bank transfers cost extra.
- Not available outside of the U.S.
Online: 3.5% + $0.10
and up.
on Clover's website
Pros
- Free POS software plan available if you’re only using a mobile card reader.
- Offers POS software plans tailored to a variety of industries.
- 24/7 phone support.
Cons
- Online payment processing rates are more expensive than competitors.
- Promotions require a three-year contract.
- Charges PCI compliance fees and, in some cases, termination fees.
Clover
Best for Built-in loyalty program
Online: 3.5% + $0.10
and up.
on Clover's website
Pros
- Free POS software plan available if you’re only using a mobile card reader.
- Offers POS software plans tailored to a variety of industries.
- 24/7 phone support.
Cons
- Online payment processing rates are more expensive than competitors.
- Promotions require a three-year contract.
- Charges PCI compliance fees and, in some cases, termination fees.
QuickBooks GoPayment
Best for Invoicing
Online: 2.99% + $0.00
Pros
- Convenient for existing QuickBooks clients.
- Free app that works on Android and iOS devices.
Cons
- Limited to businesses using QuickBooks accounting.
- Pricing structure can be difficult to navigate.
Pros
- No long-term contract or termination fees.
- Accepts a variety of payment types, including Venmo and PayPal payments.
- Inexpensive card reader with a keypad, plus built-in payment processing and a free mobile app lets you quickly accept in-person payments on the go.
- Low in-person processing fees for a flat-rate processor.
Cons
- Accepting online transactions involves additional monthly fees, depending on your gateway.
- No offline mode.
PayPal POS
Best for Variety of payment options
Online: 3.49% + $0.09
Pros
- No long-term contract or termination fees.
- Accepts a variety of payment types, including Venmo and PayPal payments.
- Inexpensive card reader with a keypad, plus built-in payment processing and a free mobile app lets you quickly accept in-person payments on the go.
- Low in-person processing fees for a flat-rate processor.
Cons
- Accepting online transactions involves additional monthly fees, depending on your gateway.
- No offline mode.
Our picks for the best mobile payment apps for small businesses
Square
Stripe
Helcim
Shopify
Clover
QuickBooks GoPayment
Venmo
PayPal POS
Need to pair your payment app with a card reader?
What is a mobile payment app?
via Tap to Pay.Contactless payments - QR code payments.
- In-person invoice payments.
- Manually keyed-in payments.
- Money transfers.