As you would when making any business decision, find a provider with a proven track record. Investigate their technical support options and hours. Make sure their rates are competitive within the industry and reasonable. Be wary of processors that advertise rates that are significantly lower than the rates others charge (chances are those rates will increase, or there are hidden fees they are not disclosing). Also, make sure they won’t cap your monthly processing volume. If you’re having a record month for sales, you don’t want to discover that you can’t accept any more payments without paying extra fees. Lastly, consider the specific needs of your business and make sure the merchant account provider offers the type of processing that you and your customers need.
Merchant Services
Merchant services for small businesses
U.S. Bank offers payment solutions that adjust to your unique needs, so you can spend more time focusing on your business.
We make payments easy.
When it comes to small business payment solutions, working with a trusted partner makes all the difference. Whether you need a basic or comprehensive solution for taking payments, our specialists will help you find the right tool so you can focus on running your business.
Secure, scalable payment technologies
From mobile and online payments, tap-to-pay, smart terminals, portable and stationary point of-sale solutions, U.S. Bank payment solutions have you covered.
Payment software that streamlines operations
Our point-of-sale software does more than accept payments. It can help you run your business with the ability to track inventory, send invoices, set employee schedules, sell gift cards and track customer activity.
Fast funding for improved cash flow
Improve your cash flow with options to receive funding seven days a week, including weekends and holidays. Everyday Funding1 is available at no cost with a U.S. Bank Business Checking Account..
Affordable, transparent pricing
No hidden fees, no contracts, no hard-to-understand terms—just straightforward, competitive pricing on POS plans, hardware and transactions.
Point-of-sale systems, hardware and solutions to help you succeed
Accept payments.
The right payment solution can help grow your business, increase customer loyalty and set you apart from competitors. Whatever your business, U.S. Bank has solutions to meet your unique needs and make accepting payments easier for you and your customers.
Find the perfect POS hardware.
Whether you need a way to take payments at the counter or in the field, in one location or many, U.S. Bank offers POS hardware to help you elevate the way you accept payments.
Start an online store.
Selling online can open the door to increased revenue and customer satisfaction. Find out how our ecommerce solutions can help you seamlessly integrate online orders and manage them with ease.
Enjoy built-around-you pricing
Get peace of mind with up-front pricing and no long-term contract.2
SWIPE, TAP, INSERT
2.60% + 10¢
MANUAL TRANSACTION
3.50% + 15¢
ONLINE PAYMENTS
2.90% + 30¢
More than payments
No matter which payment solution you use, we have products you can add to customize and optimize your business operations.
Payment acceptance optimization
Solutions that help your business mitigate fraud, improve chargeback management and reduce costs associated with accepting credit card payments.
Credit card surcharging
An increasingly popular option, surcharging allows you to partially or completely offset the cost of accepting credit card payments by passing fees to customers who choose this type of payment.
Safety and security
Our advanced security solutions help protect your customer’s payment data and reduce fraud.
Reporting and management
Customized online reporting and support tools provide you with the right data to help you make smart decisions.
The support you need when you need it
24/7 support
Never miss a beat with our industry-leading 24/7 customer support. A real person is always available to answer your questions at no additional cost.
Everyday Funding
Improve cash flow with industry-leading funding, available 7 days a week, with no daily funding limits.1
Safe & secure payments
With EMV, contactless payment options, PCI-DSS, and end-to-end encryption, your customer payment data is protected by the latest authentication and security technology.
Frequently asked questions
A merchant services account is one set up with a “merchant acquiring bank” that allows you to accept credit and debit cards and other electronic payments processed and approved, your bank distributes the funds into your merchant account.
No matter your size or industry, we offer a variety of payment solutions that will meet your business (and your customers’) needs. View the range of payment solutions we have available to our U.S. Bank Merchant Services customers.
Cash flow keeps businesses in business. You need money in your account to pay invoices, payroll and achieve your goals. Everyday Funding allows you to get funding seven days a week so you can pay invoices quicker, cover your expenses faster and increase your cash flow efficiency. Everyday Funding works on weekends and weekdays which means funding is direct to your deposit account every day of the week. Everyday Funding is available at no additional cost for U.S. Bank business depository account customers with a U.S. Bank Payment Solutions account.
Accepting card payments is crucial for businesses looking to meet customer expectations, stay competitive, reduce operational costs, and benefit from the added security and convenience that card transactions offer. It can ultimately contribute to the growth and success of your business in today's evolving payment landscape.
The first step to accepting payments is to set up an account with a bank that offers merchant services, like U.S. Bank. The “merchant acquiring bank” acts as an intermediary between the business and the credit card company, facilitating payment authentication and other technical aspects, so you can accept credit cards and other electronic payments. Once the electronic payments are processed and approved, the bank distributes the funds into your merchant account.