Save money with the right payment processor for small business
When you’re choosing a payment processor for your small business, there’s a lot at stake. Costs and fee structures vary widely from one processor to another, and it’s easy to wind up in a relationship where you feel gouged. Your customers’ experiences are critical, too – the best payment processor for small business should offer the flexibility to accept all the ways your customers want to pay. And then there’s customer service – some payment processing companies just aren’t good at dealing with small businesses and may leave you in the lurch when you need help most.
As you consider which vendor to go with, take a look at everything that ThryvPay has to offer. As a premier payment processor for small business, ThryvPay is built to help companies just like yours save money while providing customers with more convenience.
Choosing a payment processor for your small business
Keep these criteria in mind as you compare payment processors for small businesses.
- A processor that’s designed for small businesses. With some payment processors, processing terms and fees are only favorable for larger companies where the volume of transactions is enormous. Look for vendors that offer good value for the volume and average size of transactions you actually expect to process each month.
- Low, transparent fee structure. In addition to transaction rates, some payment processors charge monthly account fees, early termination fees, chargeback, and retrieval fees. You should definitely take these fees into account when comparing vendors. If these fees are totally buried in the fine print, that’s a red flag.
- A wide range of payment options. The best payment processing vendors give small business owners multiple options for online credit card processing and payment processing. Be sure to choose a vendor that supports the ways your customers find most favorable.
- 24-hour support. When your payment technology isn’t working properly, you need help right away. The best payment processor for small business will offer 24/7 assistance to help you resolve any issues quickly.
- A stellar reputation. Read reviews, check Better Business Bureau ratings, and research whether each payment processor has had any major data breaches in the past. It’s hard to earn back customer trust after your payment processor experiences a breach or doesn’t have sufficient fraud protection in place.
ThryvPay: the best payment processor for small businesses
As a do-it-all platform for managing small businesses, Thryv offers all the software tools you need to grow your business, communicate effectively, and manage day-to-day operations more efficiently. From online scheduling and marketing automation software to document storage and small business invoice software, Thryv provides solutions for virtually every aspect of your business.
ThryvPay is Thryv’s payment processor for small businesses. It’s designed to deliver everything small businesses need from a payment processor – including lower processing fees.
With ThryvPay, you can:
- Get the most from your payment processor. Thryv’s payment processing software easily accepts credit cards, ACH, and digital payments. Enjoy next-day funding, accept tips from customers, and stay safe with fraud prevention tools. ThryvPay integrates with QuickBooks for automatic reconciliation.
- Control how much you spend on online payment processing. Thryv offers some of the most competitive payment processing rates in the industry. Online payment processing rates start at 2.9% plus $0.30 per transaction, while card-present rates start at 2.6% plus $0.30 per transaction. Thryv also lets you offset costs automatically by charging convenience fees.
- Give customers more convenience. Our mobile card reader integrates with ThryvPay mobile app via Bluetooth to deliver safe and secure card-present processing with a simple swipe, insert, or tap. Mobile tap-to-pay allows you to accept payments phone-to-phone or card-to-phone from credit cards with NFC functionality.
- Set up recurring payments. ThryvPay lets you generate revenue from recurring payments. Give customers more convenience by securely storing their credit card and bank account information online.
Win more business with ThryvPay Financing
With Thryv, giving your customers more ways to pay includes offering financing options from Thryv Financing. As a partnership with Wisetack, Thryv Financing gives customers more purchasing power by allowing them to finance payments on products or services in monthly installments.
For customers, this additional payment option offers more flexibility and provides more time to pay, potentially enabling customers to afford a more expensive purchase or more extensive services. For small businesses, Thryv Financing can lead to an increase in sales and revenue per job without assuming any risk. When a customer is approved for financing by Wisetack, the business receives a single upfront payment, minus a small transaction fee that’s comparable to other payment processing fees. From that point on, the customer works with and pays Wisetack directly.
The benefits of Thryv Financing include:
- Better cash flow. As the business owner, you get paid as soon as work is done – there’s no risk to you if a customer defaults on payments later.
- Higher profits. Rather than discounting prices or fees to close a sale, you can offer financing options instead, helping to preserve your profit margin.
- Larger average order value. Financing allows customers to purchase products or services at a price level they normally might not bite at. As a result, you may see your average order value increase by as much as 20%+.
Why choose Thryv?
More than 70,000 customers nationwide rely on Thryv for many reasons.
- It’s a do-it-all platform: With Thryv, one login gives you access to all the software solutions you need to run your business – avoiding the need to log into and authenticate on multiple platforms throughout the day.
- Access anywhere you go: With Thryv, the tools you need to manage your business are always accessible on any device – smart phone, tablet, laptop, or desktop.
- Seamless integration: Thryv integrates effortlessly with the productivity apps you already use – Gmail, QuickBooks, MailChimp, Square, PayPal, Facebook, and more.
- Exceptional support: Thryv offers unlimited 24/7 support from customer care specialists who are experts both on the Thryv platform and on how to solve small business challenges.
- Strong security: Customizable account access controls and advanced data encryption keep your documents, your data, and your customers’ information safe and secure.
