Your Guide To Choosing The Right Payment Processor in 2024
Most of us have heard the phrase, “cash is king”. But for small business owners these days, payment processors are the Ace—as non-cash payment preferences continue their prolific rise. According to new research, Gartner expects that 80% of B2B sales interactions will occur on digital channels by 2025.
In order to remain competitive, small business owners need an efficient, reliable way to process non-cash payments. But not all payment processors are created equal. So how do you choose the right one for your business?
We’re sharing everything you need to know about payment processors so you can feel confident in your selection.
In this post, we’ll cover:
- What is payment processing?
- What is a payment processor?