Top Payment Processing Companies
Recently, with the development of technology and the Internet, and the pandemic, the goal of many companies has been to move their business online. This has led to increased online shopping and online transactions, so payment processing companies have become in high demand.
Payment processing companies specialize in processing transactions so that your customers can buy your products. This means that the company will process payments, and transfer information from the customer's credit or debit card to the bank.
It is not always economically advisable to create an in-house processing center unless the business volumes are so enormous that it is cheaper to have your own processing center than to hire a company, that provides payment processing services. We created a list of payment processing companies with high-quality services for startups & enterprises.
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List of the top payment processing companies
Updated: 25 November 2022
WePay
WePay helps online platforms increase revenue through integrated payments processing under their own name. The company has uniquely enabled more than 1,000 platforms including Constant Contact, GoFundMe, and Meetup to incorporate payments without compromising on their user experience or taking on risk and regulatory exposure.
In a mobile world, WePay’s integrations with Apple Pay and Android Pay for the Web help ensure high transaction conversions, while the company’s mobile point of sale (mPOS) solution allows platforms to seamlessly handle in-person payments in addition to online payments. WePay also offers a wide range of add-ons to support platforms’ specific needs. WePay has earned Inc. 500 recognition as one of the fastest growing private US companies. It has also earned recognition on multiple Best Places to Work lists.
Service Focus
- Services
Invensis
At Invensis, they solve business inefficiencies. Since 2000 Invensis have been providing streamlined back office outsourcing solutions for clients based around the world. They offer a comprehensive range of services to provide an end-to-end back office solution, to allow clients to completely focus their time and resources toward their core business strengths.
Service Focus
- Services
Unity Communications
Headquartered in Gilbert, Arizona - We are a USA Based international BPO with centers in the US, Phillipines, Costa Rica, and Dominican Republic. We specialize in companies that are looking for small teams to augment their staff in the US, Canada, UK, Australia, and Europe for their first outsourcing project. We work with startups, SMB's, and medium businesses that are looking to outsource for the first time and need a "white glove" experience. As a telecom integrator, we are especial
ly skilled at creating a complete seamless customer experience via complex IT, PBX, and Virtual networks in order for your company to have a global presence of large companies, but small and flexible as a startup. At Unity Communications - we help all of our clients exceed their mission goals by allowing their core staff to focus on what makes them special and leaders in their industries.
Service Focus
- Services
Virtual Employee
Virtual Employee came into being to help small and medium enterprises (SMEs) across North America and Europe set up offshore offices in India and provide them cost-effective solutions. They can set up their own offshore office in India with just one employee and ZERO investment cost, and scale their team up/down as needed.
Service Focus
- Software Development
- Design
- Services
5th
< $25 / hr
1,000 - 9,999
2005
Philippines, United States, Australia, Dominican Republic
Acquire BPO
Acquire BPO is an award-winning, global business outsourcer that offers contact center, BPO, marketing, animation, IT and professional services. Acquire was founded in 2005 by two entrepreneurs responding to the lack of offshoring providers that could provide solutions that met their rigorous standards. As such, the entire organization’s infrastructure and processes have been purpose-built to deliver superior results for the unique demands and complexities of our clients.
Service Focus
- Services
Ansafone Contact Centers
Ansafone is a 24/7/365 US-based call center service provider and BPO company leading successful businesses toward a premier customer experience. We’ve been there for your customers around the clock with the courteous help and expert knowledge they need to stay engaged with your business. Thanks to over 50 years of call center experience, we can deliver the exact tools, technology and staff you need to operate an essential call center and BPO services.
Service Focus
- Services
ARDEM Incorporated
ARDEM was launched in 2004 to provide the best business process automation solutions.
Listed as one of the top Business Service Providers by Clutch, ARDEM builds outsourcing solutions by melding together skilled people, process and technology.
Our clients come to us when they have a large volume of data which may exist on paper, or, is available on the web, and, they need this data to run their business. So this could be customer contact leads, rebate forms, claim forms, surveys, vendor invoices- any number of opportunities where needed data could be coming in on paper, or, scraped off the web, or coming in digital format, however, the content needs to be pulled into their business system.
We are the experts in:Developing the best outsourcing solution to meet and exceed client requirements. Processing large volume of data entry transactions daily. Providing robust process workflow management Delivering excellent quality. Exceeding customer expectations in each deliverable
Service Focus
- Services
Exela (formerly SourceHOV)
SourceHOV is a global Transaction Processing Services and Enterprise Information Management leader. We provide services and solutions for high-volume, mission-critical organizations seeking to drive efficiency with their business processes.
By leveraging specialized knowledge platforms that are powered by decades of expertise and customer-specific experience, we deliver innovative end-to-end solutions, incorporating data aggregation, workflow, analytics, payment processing, exception management and outcome resolutions.
We provide an extensive portfolio of solutions to a wide variety of industries including healthcare, financial services, legal, government and many other commercial entities – including more than half of the Fortune 100. SourceHOV’s global workforce is made up of more than 16,000 employees and operates in more than 120 delivery centers in 14 countries.
Service Focus
- Services
The Contact Company
Here at The Contact Company we add value for clients, working as trusted partners to manage and develop their customer contact processes. We remove unnecessary obstacles, avoid needless jargon and save businesses time and money.
Our proven cost-effective, time-saving strategies are trusted by clients throughout the UK and beyond, whether they’re new to outsourcing, looking to change providers, relocating their customer services or starting up a business.
Service Focus
- Services
EXL Service
EXL (NASDAQ: EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption.
Using our proprietary award-winning Business EXLerator Framework™, which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, EXL looks deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has approximately 25,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia and South Africa.
Service Focus
- Services
Direct TPV
We offer complete third party verification solutions. Live agents, automated services or our seemless hybrid solutions. Our platform was developed in-house exclusively to offer the highest quality and feature driven caller experience in the industry. We can customize a TPV script to fit any need you may have. We can handle any size project, from enterprise level call centers to low volume projects. While offering the same level of support to all customers.
Our services span across all industries. We can integrate easily to any back office system through various protocols. Our multiple carrier grade facilities with automatic failover offer an extremely high level of reliability. Each facility utilizes redundant hardware and telecom lines to ensure our platform runs continually without interruption, and in the event of a catstrophic failure calls are automatically and seemlessly routed to another facility.
Service Focus
- Services
Geek Squares (Out of Business)
Geek Squares is a clients-driven pioneering company offering offshore IT, Web & BPO services. They offer quality assistance to improve their clients’ business growth in today’s competitive market. They bring the most satisfactory results for their valued clients with complete contentment. Their root lies in the strong foothold of innovative ideas, unparallel skills and reliability with quality to deliver the projects with the utmost perfection.
Their skills and knowledge drive them enthusiastically in the global market.
Service Focus
- Services
Global Payments
Global Payments Inc. is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally. Our technologies, partnerships and employee expertise enable us to provide a broad range of products and services that allow our customers to accept all payment types across a variety of distribution channels in many markets around the world.
Service Focus
- Services
Harris BPO
HarrisBPO is the trading name of Integrated Hi-Tech Limited (registered in England 3817415 VAT No: 763128139). HarrisBPO worldwide headquarters are based in the United Kingdom in Slough, Berkshire. In addition there are over 15,000 sq ft of operations in Chennai, Bangalore and Hyderabad, India.
We provide reassurance and deliver success. HarrisBPO favours a clear initial planning process with a rigorous, comprehensive service level agreement. This ensures that we meet our customers’ expectations in terms of cost and quality.
We are flexible and responsive, adapting to our clients’ changing business needs. HarrisBPO is managed by entrepreneurial executives with significant experience of working in major corporations. We understand our clients’ needs and we know how to ensure success.
We employ quality staff with appropriate levels of experience, comprehensive supervision and quality control to ensure you receive the high level of service you deserve and expect.
Service Focus
- Services
NCC
Since 1969, Nationwide Credit & Collection, Inc. has been the premier collection agency for many of Chicago’s most notable hospitals and Physicians groups. Our commitment to the success of our clients has been the standard that has catapulted Nationwide to become Chicagoland’s most respected name in Medical Collections.
For over 40 years, Nationwide has developed proficiency and mastery in revenue cycle management. We have demonstrated a track record of success while remaining focused on our objective, to respect your patients’ financial posture, while at the same time, satisfy our clients’ cash flow needs.
We are proud of our longstanding reputation in the field of healthcare and we take pride in the successful relationships that have been forged with hundreds of clients. Such relationships are the bi-product of our overall commitment to Performance, Integrity and Service. Each of these ingredients is firmly inscribed in the mind of each and every Nationwide employee and forms the work ethic that drives us each day.
Service Focus
- Services
RemSource
RemSource is an innovative solution for today's small businesses - providing quality administrative, bookeeping and consulting services in a completely virtual and cost-effective way. The team of virtual assistants work from the RemSource office in Baltimore, Maryland and manage the daily administrative tasks that come with running a business. The value proposition is that RemSource is not an answering service, rather the assistants become an integral part of your team.
What does that mean for you as a business owner? No equipment, no office space, no payroll expenses, no sick days, no overhead. Just more billable time and the ability to perform without the stress of disruptive phone calls, scheduling appointments, invoicing, bookkeeping, customer service, business process support, and more. RemSource takes ownership of transactions to handle them independently from start to finish.
Service Focus
- Consulting
- Services
17th
< $25 / hr
10,000+
1977
United States, Philippines, United Kingdom, Australia, Mexico, Romania, Hungary
SYKES
Sykes Enterprises, Incorporated is a leading provider of multichannel demand generation & customer engagement services for Global 2000 companies and their end customers. SYKES’ differentiated full lifecycle solutions and services — digital marketing, sales expertise, customer service, technical support and more through multichannel delivery platforms — effectively engage customers at every touchpoint of the customer journey.
Service Focus
- Marketing
- Services
TravCom
Founded in 1976 by Jack Revel, TravCom Inc. was one of the first companies together with IBM to develop an interface for the SABRE IUR (Semi Automated Business Research Environment). Our products, solutions and services are deployed throughout the world and we have been very successful in providing solutions to both large scale and small to medium size enterprise businesses, notably Travel Management Companies.
TravCom currently serves over 1,400 customers, in access of 10,000 users throughout the world with 3 support centers, based in the United States, Canada and the United Kingdom. The company has a highly experienced team who has extensive travel and technology experience, committed to enhancing the capabilities of existing systems and delivering an effective and seamless support infrastructure.
Service Focus
- Services
Payment processing services on the site are necessary in all cases of the eCommerce industry. Payment processing is probably the most frightening step of the whole eCommerce organization process when you're just getting started. As an eCommerce store owner, you start dealing with your customers' financial information, such as credit card numbers, confidential personal data, and others. You are fully responsible for ensuring the security of your customers' data, above all. Luckily, the payment processing is not as complex as it seems at the beginning. Best payment processing companies do most of the hard work.
Best payment processing companies allow online stores to solve the problems of automating the process of receiving payments, guaranteeing the stability and security of online payment. It is competent to say that today's payment processing solutions are no longer an additional level of comfort; it is in unprecedented demand. Don't spend time and effort simply distributing your money following your own tasks - especially when there are appropriate mechanisms for this. Isn't it better to spend the same time and energy on innovative proposals on ways to achieve more efficient results?
Payment processing companies have a complete technical interaction between a merchant and a customer: they ensure secure data entry, collection, and handling during paying online on the website. Top payment processing companies are also responsible for data security, which is necessary for payment and e-wallet transactions.
Best payment processing companies perform the following algorithm of actions:
- Determines the status of the banks involved in the transaction;
- Checks the validity of the payment card;
- Verifies the amount of money on the respective client's account;
- Provides security of information transfer;
- And finally - make the payment.