Favorite payment processor for small online businesses?

[mustachedali]

What is your favorite payment processor for small online businesses and why?

[GeorgeWood]

I don't use one directly. I sell software through Gumroad, which handles payment, delivery, VAT issues etc. for me. I needed a all-in-one solution and am pretty happy so far.

That said, I'm sure it's not the cheapest solution out there :-/

[Saving in Austin]

I use Converge. You need to be a Costco business member to sign up. I've used them for years so I don't know how they stack up currently but I think they are competitive. You can sign up as a business member once or use someone else's membership if you want to save the fees. They don't check once you are signed up as a customer.

https://www.myvirtualmerchant.com/VirtualMerchant/login.do

[protostache]

If you're building your own system or having someone build it for you, use Stripe. They're the only option worth considering. They give you all kinds of analytics tools, an awesome dashboard, and PCI compliance for 2.9% + $0.30, which is pretty competitive for the space. Gumroad as mentioned by GeorgeWood uses Stripe under the hood.