Are you looking for the best credit card rates for your small business? At Discount Payments, we make it easy to see how much you can save. Let’s compare the top payment processors side by side so you can pick the right one for your needs.
Why Compare Payment Processing Rates?
Small business owners like you need to watch every penny. Credit card fees can eat into your profits if you’re not careful. By comparing rates, you can save hundreds or even thousands of dollars each year.
The average small business pays too much for credit card processing. Many owners don’t know they have cheaper options. That’s why we created this guide – to help you see all your choices in one place.
Our Competitive Rates
We pride ourselves on being clear about our pricing. No surprises or hidden fees here! Take a look at what we offer:
| Business Type | Rate | Perfect For | Features |
|---|---|---|---|
| Brick & Mortar | As Low As 0.10% Above Interchange | Retail stores, restaurants, local service providers | • No hidden fees<br>• Ultra transparent pricing<br>• Secure point-of-sale<br>• Low in-person sales fees |
| Internet & Phone | As Low As 0.30% Above Interchange | Online retailers, subscription services, remote sales | • Low online transaction fees<br>• Secure encryption<br>• Fraud prevention<br>• Easy e-commerce integration |
| High Risk | As Low As 0.50% Above Interchange | Travel, gaming, CBD sales | • Specialized rates<br>• Enhanced fraud protection<br>• Chargeback management<br>• Custom business solutions |
What Makes Our Rates Special?
Many payment processors claim to have the best rates, but the truth is in the details. Here’s what sets us apart:
- True interchange-plus pricing: We show you exactly what the card networks charge and what we add on top.
- No rate hikes: Your rate stays the same as long as you’re with us.
- Volume discounts: The more you process, the less you pay.
- No long-term contracts: Stay because you want to, not because you have to.
How Do We Compare to Other Services?
Let’s see how our rates stack up against other big names in the payment processing world:
| Provider | Basic Rate | Online Rate | Hidden Fees? | Next-Day Deposits |
|---|---|---|---|---|
| Discount Payments | 0.10% + IC | 0.30% + IC | No | Yes |
| Square | 2.6% + 10¢ | 2.9% + 30¢ | No | For a fee |
| PayPal | 2.29% + 9¢ | 2.99% + 49¢ | Yes | For a fee |
| Stripe | 2.7% + 5¢ | 2.9% + 30¢ | No | 2-day standard |
| Clover | 2.3% + 10¢ | 3.5% + 10¢ | Yes | For a fee |
IC = Interchange fees from card networks
What Is Interchange Plus Pricing?
When we say “above interchange,” what does that mean? Interchange fees are what card brands like Visa and Mastercard charge for each transaction. Most companies mark up these fees and hide the true cost.
Our “interchange plus” model is simple:
- You pay the interchange fee set by the card company
- Plus our small markup (as low as 0.10%)
- That’s it!
This gives you the most bang for your buck and keeps things clear.
Watch Out for These Hidden Fees
Many processors don’t tell you about extra fees until you see them on your bill. Here are some common ones to watch out for:
- Monthly minimum fees: You pay extra if you don’t process enough
- PCI compliance fees: Charges for security standards you must follow
- Statement fees: Yes, some charge you just to get your bill!
- Batch fees: Extra costs each time you close out for the day
- Early termination fees: Big penalties if you want to switch providers
At Discount Payments, we don’t charge any of these hidden fees. What we quote is what you pay.
Real Cost Breakdown: A Small Business Example
Let’s say you run a coffee shop bringing in $20,000 per month in credit card sales. Here’s what you might pay with us vs. others:
| Provider | Monthly Cost | Yearly Cost | Potential Savings |
|---|---|---|---|
| Discount Payments | $240 | $2,880 | — |
| Square | $560 | $6,720 | $3,840 |
| PayPal | $520 | $6,240 | $3,360 |
| Stripe | $570 | $6,840 | $3,960 |
| Clover | $500 | $6,000 | $3,120 |
Based on average transaction size of $15 with our Brick & Mortar rate
That’s right – you could save up to $3,960 per year just by switching to our service! What could your business do with an extra $3,960?
Popular Features Comparison
It’s not just about rates. Here’s what else to think about:
| Feature | Discount Payments | Square | PayPal | Stripe | Clover |
|---|---|---|---|---|---|
| Next-day funding | ✓ | For a fee | For a fee | For a fee | For a fee |
| No monthly fees | ✓ | ✓ | ✕ | ✓ | ✕ |
| Free POS app | ✓ | ✓ | ✕ | ✕ | ✕ |
| 24/7 support | ✓ | ✕ | ✕ | ✓ | ✕ |
| Contract-free | ✓ | ✓ | ✓ | ✓ | ✕ |
| High-risk friendly | ✓ | ✕ | ✕ | Limited | ✕ |
Payment Methods We Accept
Your customers want to pay their way. We make that easy by accepting:
- All major credit cards (Visa, Mastercard, American Express, Discover)
- Debit cards
- Mobile wallets (Apple Pay, Google Pay, Samsung Pay)
- ACH bank transfers
- International cards
- Gift cards
No matter how your customers prefer to pay, we’ve got you covered.
Equipment Options for Every Business
We offer a range of payment terminals and point-of-sale systems to fit your needs:
- Countertop terminals: Fast, secure, and easy to use
- Mobile card readers: Take payments anywhere with your smartphone
- Full POS systems: Complete with inventory, employee, and customer management
- Virtual terminals: Process payments over the phone or by mail
All our equipment is EMV-compliant and supports contactless payments for the fastest checkout experience.
Why Small Businesses Choose Us
- We save you money. Our rates are some of the lowest in the market.
- We keep things simple. No confusing terms or surprise fees.
- We fit your business. Whether you sell in a shop or online, we’ve got you covered.
- We care about service. Our support team is here 24/7 to help you.
- We grow with you. As your business expands, our solutions scale to match.
- We make switching easy. Our team handles the whole process for you.
Getting Started Is Easy
Switching to Discount Payments takes just three simple steps:
- Apply online or by phone – Just basic business info, no long forms
- Get approved fast – Most applications are approved within 24 hours
- Start processing – We’ll set up your equipment and you’re good to go
There’s no downtime, and we make sure your business can keep taking payments throughout the switch.
Ready to Save on Credit Card Processing?
Don’t pay more than you need to. Our rates start at just 0.10% above interchange for in-store sales. That’s real savings you can put back into growing your business.
Call us today at (800) 954-6791 or click “Apply Now” to get started. We’ll help you pick the right plan and set everything up fast.
Your small business deserves big savings!
Contact Us