Credit card processors are a critical component in processing transactions, whether online, in-store or over the phone. Next, the merchant’s card processing service and the consumer’s , Many merchant service providers offer fraud prevention tools to protect businesses and their customers. In many cases, accepting credit or debit cards is safer than cash. Data and analytics. Merchant services can provide businesses with data on customer spending habits, which can be used to improve marketing and sales strategies., Merchant service providers handle a range of financial services that help businesses accept credit cards and other payments for goods and services. Here are the most common ones: Credit card , Dharma Merchant Services — Best B2B Merchant Services Dharma Merchant Services is one of the few providers on the market with solutions built specifically for B2B merchants. With Dharma, your B2B can accept Level 2 and Level 3 card data from business credit cards., The best merchant account providers stand out by offering competitive and transparent pricing, minimal or no monthly fees, and flexible month-to-month agreements with no cancellation penalties. They also provide friendly customer support, modern payment acceptance hardware, and secure online payment technology. In contrast, the worst merchant service providers charge exorbitant and confusing , The merchant generally pays fees between 1.5% and 3.5% of the credit card transaction for processing services. But if a business fails to submit their authorized transactions for settlement within 24 hours, they are more likely to pay higher processing fees..