7 Online Payment Tools for Small Businesses

| August 12, 2016 | Technology & Innovation

When it comes to accepting and processing payments, small businesses have plenty of options ranging from industry behemoths such as PayPal toup-and-comers like Square.

But what if these payment processors aren’t exactly the right fit? What if you have customers in countries that don’t allow PayPal? Or, what if you’re looking for something more than just a payment processor? What if you simply think you’d lose those pesky little smartphone attachments? (I know I would!)

If this sounds familiar, here are a few of the more unique tools available that just might fit your needs better than the more common options most people are using.

  1. net

This payment processor offers customers a broad range of ways to pay, from credit cards and echecks to Apple Pay and PayPal. is particularly focused on security for its small business clients, providing users with a free suite of security and fraud prevention tools. It also syncs seamlessly with QuickBooks, which can make life significantly easier for a small business owner.

  1. Due

If you’re looking for reasonable rates and an extensive range of capabilities, Due might be the right fit for your business. This payment processor boasts a flat-rate transaction fee of 2.7percent, and offers both domestic and international credit card processing, as well as ACH payment processing. But that’s not all. As an end-to-end payment solution, Due also includes time tracking, online estimate and invoicing tools, as well as online database management capabilities.

  1. 2checkout

Got customers in countries that don’t have PayPal available? 2checkout has got you covered. This payment processor allows you to accept payments from people in just about any country – even PayPal payments…even without a PayPal account! Shopify and Brinks are just two of the companies this processor partners with, giving 2checkout some serious credibility.

  1. WooCommerce

Looking for something more than just a payment processor? WooCommerce is an entire ecommerce platform that works with WordPress, and offers multiple plugins and extensions that allow for handy extras like integrating shipping rates from various mail carriers.  Currently powering 37% of all online stores, WooCommerce might be the choice for you if you need a comprehensive platform on which to build your online business.

  1. Paystand

If transaction fees cramp your style, this payment processor charges a flat monthly fee, and accepts payments of every kind, from credit cards, echecks, and ecash, to international payments and even Bitcoin. Focusing specifically on the B2B market, Paystand provides Payments-as-a-Service, and enables companies to move their manual financial processes to the cloud.

  1. Flint

Like the idea of accepting payments on your phone, but not in love with the attachments? Flint has created an app that can scan a customer’s credit card number – without an attachment. It also allows users to accept cash and checks, as well as send invoices and even coupons to customers via email.

  1. MasterCard Simplify Commerce

Simplify is a versatile, highly secure, and just as its name suggests, very simple, cloud-based payments platform. With features that include personalized e-invoices, recurring payments, and a robust platform with accompanying mobile app, Simplify can be quickly customized to fit users’ needs.

These seven online payment tools may not be the biggest names in their industry, but if their unique strengths cater to your specific needs, then they might just be a match made in heaven. Finding the right payment processer is crucial to helping your small business thrive. Any time spent exploring your options is an investment in your future – and in your success.

Shama Hyder
Shama Hyder
Shama Hyder is founder and CEO of the award-winning Marketing Zen Group, an integrated online marketing and digital PR firm. She is also an international speaker, bestselling author, and a regular media correspondent. She was recently named to the Forbes "30 Under 30" list of movers and shakers.

See all posts by Shama Hyder
  • All views expressed on the published articles at are those of each of the authors, and do not in any way represent the opinions of Mastercard International Incorporated or any of its affiliates (“Mastercard”). Mastercard is not responsible of the information contained in these articles.