Your business can’t make money if it can’t process it. In fact, taking money from customers should be the easiest and most efficient thing your small business does.
Where do you find the best tools for billing your customers?
Whether you’re sending a one-time invoice, offering a subscription service, or processing payment at the point of sale, we’ve got you covered.
Here are the best billing, POS, and payment processing tools for businesses of any size:
1. Stripe
Who is it for?
Stripe offers a fully integrated suite of payment products for online retailers and businesses. It’s designed with developers in mind and has pre-built integrations for systems like WooCommerce and Shopify.
Why is it awesome?
What makes Stripe great is that the company behind the platform releases numerous features and improvements each year to help you stay ahead.
How much does it cost?
Stripe offers pay-as-you-go pricing.
2. PayPal Business
Who is it for?
PayPal Business is recommended for merchants who operate under a group or company. It offers additional features such as letting up to 200 employees gain limited access to the account and customer service email alias for concerns.
Why is it awesome?
Your customers don’t need to sign up for a PayPal account to pay.
How much does it cost?
You can learn about PayPal rates and fees.
3. Braintree
Who is it for?
Braintree is for businesses looking to reach more buyers and drive better conversions through a payment platform that integrates with many payment gateways.
Why is it awesome?
Braintree provides both flat-rate and interchangeable pricing including payment methods like PayPal, wallets, cards, and more. This makes it easy to sell almost anywhere through a single integrated platform.
How much does it cost?
You can learn more about Braintree’s pricing options by contacting their sales team.
4. Square
Who is it for?
Square is for businesses who want to accept every way their customers want to pay, whether it’s through credit cards, NFC, chip cards, or other payment gateways.
Why is it awesome?
Through Square’s credit card processing, your business can accept all major cards and even get deposits as fast as the next day.
How much does it cost?
See Square’s pricing and rates here.
5. Adyen
Who is it for?
The Dutch payment platform, Adyen, is a POS software that allows businesses to accept mobile, e-commerce, and point-of-sale payments.
It’s meant for every customer journey and any business today.
Why is it awesome?
Adyen offers a simple API that lets you initiate payments from mobile devices, web browsers, and cash register systems.
How much does it cost?
Adyen charges a processing fee including a payment method fee for every transaction.
6. Dwolla
Who is it for?
Dwolla is a modern payments platform for people who want to configure their payments using reliable and scalable technology.
Why is it awesome?
The platform works with all banks and credit unions in the United States, so you don’t need to change your main banking relationship to use it.
How much does it cost?
Prices for Dwolla plans range from $250 to $2,000 per month.
7. Cardinity
Who is it for?
The payment processing software Cardinity is for merchants who want to accept debit and credit cards from their buyers around the world.
Why is it awesome?
Cardinity’s quick and convenient payment method allows returning customers to pay with just one click.
How much does it cost?
Cardinity charges you a fee per transaction.
8. Authorize.net
Who is it for?
Small businesses looking for payment processing software that accepts electronic and credit card payments online, in person, or over the phone will find what they need with Authorize.net.
Why is it awesome?
Authorize.net uses a built-in fraud prevention tool that provides 13 configurable fraud filters to help set country limitations, proper minimum transaction thresholds, payment velocity settings, and more.
How much does it cost?
Check out the Authorize.net pricing options.
9. Helcim
Who is it for?
Helcim is one of the most affordable payment processing tools today and is great for businesses looking for a payment solution that scales as they grow.
Why is it awesome?
Helcim offers its own card reader that lets your business accept credit and debit cards wherever you are.
How much does it cost?
The Helcim plan costs $20 per month.
10. Revel
Who is it for?
Revel Systems is for restaurants and stores of all sizes that want a cloud-based business system that integrates customer channels and operations with point-of-sale functionality.
Why is it awesome?
You can expand your customer ordering options and business reach with Revel System’s online ordering feature and integrate this directly into your iPad POS system.
How much does it cost?
The POS software costs $99 per month for each terminal.
11. Vend
Who is it for?
Retailers of all sizes are going to love this cloud-based point of sale system that can help manage their customer experience, inventory, data, and more.
Why is it awesome?
Vend is made to work on various devices including desktop computers, iPads, and Macs.
How much does it cost?
Vend plans range from $99 to $129 per month.
12. TouchBistro
Who is it for?
TouchBistro is a POS system for restaurant owners who want to generate more profits, provide a great customer experience, and eliminate the guesswork from making business decisions.
Why is it awesome?
With TouchBistro, you can take your iPad tableside to turn tables faster. You can automatically prompt staff with recommended upsells at the right time and even allow guests to upgrade their meals using a smart self-ordering kiosk.
How much does it cost?
TouchBistro’s POS license starts at $69 per month.
13. Plootoo
Who is it for?
Plootoo is a payments platform for businesses that want to simplify and expedite their accounts payable and receivable processes to gain better financial control and success.
Why is it awesome?
Plootoo provides you with access to a growing network of more than 120,000 reputable suppliers, payees, and vendors, for a better payment process.
How much does it cost?
The plan for Plootoo starts at $25 per month.
14. Stampli
Who is it for?
If you’re looking for a powerful AP automation platform right now, then you might find what you need with Stampli.
Why is it awesome?
Stampli provides you with a personal intelligent AP bot that is equipped with advanced ML, AI, and OCR technologies. It can collect invoice data in real-time and learn your accounting process for better coding and approval routing.
How much does it cost?
Contact the Stampli sales team to learn more about pricing.
15. Melio
Who is it for?
Melio is a money transfer service intended for small businesses in the United States, offering the flexibility of signing up for a free account with no fees.
Why is it awesome?
With Melio, you can make a payment through bank transfer for free even if the vendors only allow checks.
How much does it cost?
Melio has a credit card processing fee of 2.9%.
16. Chargebee
Who is it for?
Chargebee is a platform for businesses that want to capture, retain, and maximize profit opportunities through automated subscription management, recurring billing, and revenue analytics.
Why is it awesome?
Chargebee integrates seamlessly with your tech stack so you can optimize efficiencies across your sales and finance operations.
How much does it cost?
Chargebee plans range from $249 to $549 per month.
17. Chargify
Who is it for?
Chargify provides fast-growing B2B SaaS companies with the only platform that lets them carry out billing and revenue management.
Why is it awesome?
With Chargify, subscription businesses can create, improve, and adapt offers while managing change over time.
How much does it cost?
The plans from Chargify range from $599 to $3,499 per month.
18. Recurly
Who is it for?
If you need a secure subscription management platform that can support constantly changing billing models, then you might find Recurly interesting.
Why is it awesome?
Recurly’s Revenue Optimization Engines makes use of machine learning based on millions of successful transactions to help improve billing continuity.
How much does it cost?
Recurly plans start at $149 per month.
19. SaaSOptics
Who is it for?
SaaSOptics is for B2b SaaS companies looking to automate revenue recognition, SaaS metrics, and subscription management.
Why is it awesome?
SaaSOptics provides businesses with reliable financial and analytic reporting, allowing the platform to record revenue in compliance with GAAP standards.
How much does it cost?
You can request a quote from the SaaSOptics sales team to learn about pricing.
20. Podium
Who is it for?
Podium is for businesses that want to message leads and customers, obtain feedback and reviews, and collect payment all in one platform.
Why is it awesome?
Podium lets you request payment through an existing text conversation so that you get better response rates compared to the traditional methods.
How much does it cost?
Request a custom quote from Podium to learn about pricing.
21. Zoho
Who is it for?
Companies looking for a simple solution to automate subscription management and recurring billing tasks can find what they need from Zoho Subscriptions.
Why is it awesome?
With Zoho Subscriptions, you can make your signup process more flexible by providing clients with multiple add-ons, plans, and coupons.
How much does it cost?
Zoho Subscription plans range from $49 to $249 per month.
22. Fivestars
Who is it for?
If you’re looking for a better way to process payments and develop a database for your customers, Fivestars may be the one for you.
Why is it awesome?
Fivestars provides you with a free Customer Touchscreen that integrates with your signups and provides you with a credit card reader for a smoother process.
How much does it cost?
Contact the Fivestars sales team to get a demo.
23. Gumroad
Who is it for?
Businesses looking to start selling their products immediately may find Gumroad to be an ideal platform to operate on. It offers a decent number of features and charges businesses with a percentage of each transaction, making it great for low-volume sales.
Why is it awesome?
Gumroad lets you quickly import your existing email list and export customers at any time.
How much does it cost?
The Gumroad plan starts at $10 per month.
24. Patreon
Who is it for?
Patreon is for companies that want to offer their active participants a monthly membership to gain access to their exclusive content, insights, and communities.
Why is it awesome?
Patreon lets you obtain recurring income from your patrons through monthly payments for being subscribed members.
How much does it cost?
Patreon takes a percentage of your earnings based on your service plan.
25. PayIt
Who is it for?
Government agencies looking to consolidate their payments and services in one omnichannel experience for citizens may want to check out PayIt.
Why is it awesome?
PayIt uses a code-free approach that allows government offices to digitize their back-office payments and processes within 90 days.
How much does it cost?
Sign up for a demo to get started with PayIt.
26. HoneyBook
Who is it for?
Businesses that want to manage their projects, book clients, send out invoices, and receive payments all in one platform may find HoneyBook interesting.
Why is it awesome?
You can get started with HoneyBook easily by using one of their pre-made contract templates or by importing your own.
How much does it cost?
The plans for HoneyBook range from $9 to $39 per month.
27. Hectic
Who is it for?
Hectic is a digital workspace for freelancing businesses looking to have the tools to start, manage, and grow their brand online.
Why is it awesome?
Hectic lets you view a snapshot of your history with a specific client, providing information such as proposals, projects, contracts, terms, expenses, and more.
How much does it cost?
You can get started using Hectic for free.
28. Podia
Who is it for?
Podia is a platform for people who sell online courses, downloads, webinars, and memberships.
Why is it awesome?
Podia lets you set up your own website by providing your information, connecting favorite apps, and selecting a custom URL. You can even migrate your existing content for free here.
How much does it cost?
Podia plans range from $39 to $79 per month.
29. PeachPay
Who is it for?
PeachPay is a new service intended for creators that lets them get paid easily without having to deal with exorbitant processing fees.
Why is it awesome?
PeachPay accepts Apple Pay, Google Pay, credit cards, ACH bank transfers, and even cryptocurrencies for payments.
How much does it cost?
You can start using PeachPay for free.
30. Invoicely
Who is it for?
Invoicely is a free invoice software tool for small businesses that lets owners create and send invoices and estimates, accept online payments, and track expenses.
Why is it awesome?
Invoicely lets you create beautiful invoices, estimates, and bills with its intuitive invoice builder.
How much does it cost?
Invoicely plans range from $9.99 to $29.99 per month.
Editor’s Note: This article is part of the blog series Run Your Business brought to you by the marketing team at UniTel Voice, the virtual phone system priced and designed for startups and small business owners.
