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20 Questions to Ask Before Committing to a Payment Processor

As a business owner, you want an online payment solution that is fast, easy to use, reliable, and secure. But with so many different fees and providers to compare, searching for the right processor for your business can be a bit confusing.

Whether you’re starting a new business, selling online for the first time, or looking for a payment processor to better meet your needs, this guide is a great resource to help you understand what questions to ask when selecting a payment provider.

Key factors to consider when selecting a payment processor include:

  • Funding – Understanding how and when you’ll get your money 
  • Processing Fees – Common fees and how to assess their impact on your business 
  • Security – How to protect your company and customers
  • eCommerce Platforms – The basic online shopping cart set up and payment

Once you have a better understanding of what you should focus on, you will be better equipped to access each processor and find a solution that best fits the needs of your business.

 

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Webinar

eCommerce payment professionals Ryan Miller and Brad Diem discuss selecting a payment processor in this 1-hour recorded webinar session on selecting a payment provider.

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Infographic

A quick visual reference of the 20 questions to ask before committing to a payment processor.

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Worksheet

Compare up to three payment processors side-by-side with this printable worksheet.

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