How to Find the Right Credit Card Payment Gateway

May 18, 2023

Credit Card Gateway

Credit card payment gateway providers tend to offer similar services. It’s often like comparing apples to apples when deciding between one over another.

If you’re a business owner and plan to accept debit and credit card payments, whether it’s in-person or online, you’ll need a payment gateway provider that can satisfy your company’s unique merchant needs.

Although you will need to pay some costs and ongoing fees, the ability to take any form of debit and credit card payment, along with cash, increases your day-to-day earnings considerably and boosts the overall gains of your business.

Additionally, being able to accept any payment method will also help to expand your customer base, especially to those who are more likely to purchase online, which will only keep your customer base growing as consumers learn that they can trust your business for their shopping needs.

For you as a business owner, this means that picking the right payment processing provider is ultimately key to the longevity and success of your business as a whole.

So the real question is: how can you find the ideal credit card payment processing provider? We’re glad you asked…


Gateway FeesDepending upon your high risk merchant accounts supplier, you might be subject to a variety of fees and costs from the payment processing side of things in regards to the obligations of your business. Some of the main credit card fees include:

  • Interchange charges: These charges are the costliest in that each transaction you process has a small fee
  • Monthly fees: These charges vary from monthly bills to minimum processing collection per month
  • Startup and termination fees: You might be charged an application fee. Or alternatively a fee for premature termination of your contract.

Based on your credit card payment processing provider, there may be quite a few credit card processing fees. Therefore, it’s important to understand all the fees and service terms.

A respectable company will be able to answer any questions or concerns you have. However, if they can’t supply you with a comprehensive explanation of what you’re paying for, then it may be time to proceed to another payment processing provider.


What Cards Can A Merchant Take?It is common knowledge that a trusted payment processor can help grow your business and a large part of finding a reliable company to work with boils down to keeping up to date with current methods of credit card payment processing.

Accepting all major debit and credit cards can seem like a no-brainer. You never want to turn away any clients because they don’t have the right card. This is especially true in retail.

Because of higher costs and fees, it’s in your best interest to stay away from certain card types. On the flip side, the prices change per credit card. In addition, you may also need a system that allows you to accept prepaid gift cards or other unique types of payments.


Near-field communication (NFC) technology has come to be almost universal among credit card consumers. With the simplicity and convenience of “tap”, you can make a payment. Nevertheless, merchant card and payment processing solutions need to evolve to match the new developments. Credit card payment gateways are fast becoming part of digital wallet systems such as Android Pay and Apple Pay.


Hiring a payment processor that provides 24/7 customer service help is a great way to protect yourself. It may really be worth spending a little more in fees to have a sustainable account. Quality customer service is essential. Moreover, it goes hand-in-hand with upright business practices.

Ultimately, there are an array of factors to consider before choosing a payment gateway. Pick one that suits the unique needs of your business. Because you’ll find that lots of credit card payment gateway providers may make promises without the follow-through.  Or worse, they have hidden fees like MTOT Disc.

Some payment processors can and will hurt your business by providing poor service and slapping you with unnecessary fees and charges, while the right merchant service company, like PayKings, can help your company further develop and grow. That’s why it’s important to go with the right credit card payment processing supplier and really make an educated decision.

May 18, 2023 | High Risk Merchant Account | Dustin