Top 10 Credit Card Processing Services of 2022 for you and your organization

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Himanshu Tiwari

Updated on - Mar 02, 2022

Credit card processing involves a complex process containing various moving parts such as payment networks, financial institutions, regulatory bodies, etc. Many B2B and B2C businesses have to depend on credit card processors to manage the transactions involving credit and debit cards.

You can refer to the below list for the top 10 Credit Card processors.

LMS (Lead Merchant Services)

LMS accept a variety of payment services such as MasterCard, American Express, Discover, Credit & Debit Card Transactions (Swipe, EMV, NFC), over the internet, Clove point of sale, Google Pay, Apple Pay, Instant Accept, Samsung Pay, etc. Besides this LMS provides various business solutions such as point of sale systems, business cash advances, gift cards, loyalty, business loans, etc. LMV is ideal for the small businesses and it also provides 24*7 technical support.

Payment Cloud

Payment Cloud provides services like merchant account solutions, accept payments through credit cards, debit cards, mobile payments, complete check processing, business funding, fraud and chargeback prevention, etc. Integration with different CMS and ecommerce platforms like big commerce, woo commerce, Volusion, Magento, Shopify, Opencart, Prestashop, 3dcart, Ecwid, Wordpress, Zencart, and etc. The users have the option to customize their plan as per their industry.


Stax has been recognized as #1 payment processor in the United States. There is no extra fee in tax such as 0% markups, no statement fees, no contracts, no batch fees, no annual fees, etc. Stax has processed over $23 billion in payments, with more than 20000 customers, and a customer satisfaction of 98%.


The payment processing fee is none. Flagship also provides same day funding. Flagship is trusted by more than 25000 small business customers. Accepts all kinds of payments such as in store payments ( like Clover, EMV, NFC), online payments, etc.


The payment processing solutions provided by Promerchant are point of sale, in retail/restaurant, EMV/NFC payments through mobile, virtual terminals, etc. Promerchant has been regarded as the best credit card processor in 2019, 2020, 2021 by There are no long term contracts or cancellation fees.


Clover accepts all kinds of chip cards with PIN, credit & debit cards from all major companies, contactless NFC payments, online payment platforms such as Apple Pay, Google Pay, Amazon Pay.paper checks in the form of electronic payments. With the Clover Point of Sale you get the right mix of hardware, software, and accessories.

Payment Depot

Payment Depot is preferred for the high volume businesses. It accepts all major credit cards, debit cards, EMV, NFC. There are zero cancellation fees.

Square Payments

Square payments accepts all kinds of payments such as in person payments, online payments, remote payments, manually entered payments, etc. Credit Cards from MasterCard, VISA< American Express, JCB, Union Pay Logo, Discover etc. The businesses over $250K can have customizable plans.

National Processing

National Processing is considered as one of the most flexible payment processors for low risk merchants. The fee structure is very transparent i.e. different plans for restaurant, retail, eCommerce, non-profit, cash, ACH processing, two subscription based plans.

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