Free List Of Top 10 Mobile Payment Solutions For Small Business Companies

Mobile payment solutions have revolutionized the way small businesses handle transactions, offering convenience, flexibility, and security to both merchants and customers. With a myriad of options available, it can be overwhelming for small business owners to choose the best mobile payment solution for their specific needs. To ease the decision-making process, this article provides an overview of the top 10 mobile payment solutions for small business companies in the US, highlighting their sector, year founded, annual revenue, and a brief description of their offerings. Whether you operate a retail store, a food service business, or provide professional services, these solutions can enhance the efficiency and effectiveness of your payment processing.

Overview of the Top 10 Mobile Payment Solutions

1. Sector: Technology

Square

Year Founded: 2009

Annual Revenue: $9.5 billion (2019)

Description: Square offers a comprehensive suite of payment solutions, including POS systems, payment processing, and business management tools. With its user-friendly interface and competitive pricing, Square is a popular choice for small businesses. Its hardware options, such as card readers and terminals, cater to various business needs, making it an all-in-one solution for seamless transactions.

Link: [Square](https://squareup.com/)

2. Sector: Finance

PayPal

Year Founded: 1998

Annual Revenue: $21.45 billion (2020)

Description: PayPal has evolved from a peer-to-peer payment platform to a full-fledged payment solution for businesses. With its mobile card reader and online invoicing capabilities, PayPal enables businesses to accept payments in various forms. Its well-established brand and integration with other e-commerce platforms make it a convenient choice for small businesses.

Link: [PayPal](https://www.paypal.com/)

3. Sector: Technology

Shopify

Year Founded: 2006

Annual Revenue: $2.929 billion (2020)

Description: In addition to its e-commerce capabilities, Shopify provides a robust mobile POS system that allows businesses to accept payments in-store and on-the-go. With its inventory management and analytics features, Shopify empowers small businesses to streamline their operations and gain valuable insights into their sales performance.

Link: [Shopify](https://www.shopify.com/)

4. Sector: Technology

Intuit QuickBooks

Year Founded: 1983

Annual Revenue: $7.7 billion (2019)

Description: QuickBooks offers a range of accounting and financial management solutions, including mobile payment processing. Its ability to seamlessly integrate with QuickBooks accounting software simplifies bookkeeping for small businesses. With features such as invoicing and reporting, QuickBooks provides a holistic solution for financial management and payment processing.

Link: [QuickBooks](https://quickbooks.intuit.com/)

5. Sector: Technology

Stripe

Year Founded: 2010

Annual Revenue: $8 billion (2020)

Description: Stripe specializes in online payment processing but also offers mobile payment solutions for in-person transactions. With its developer-friendly platform and robust security features, Stripe is an ideal choice for businesses that operate both online and in-store. Its ability to handle subscription billing and recurring payments adds versatility to its offerings.

Link: [Stripe](https://stripe.com/)

6. Sector: Technology

Clover

Year Founded: 2012

Annual Revenue: Not disclosed

Description: Clover provides a range of customizable POS solutions designed to meet the specific needs of different businesses. Its versatile hardware options and app marketplace allow small businesses to tailor their point-of-sale systems to their operations. With its intuitive interface and robust reporting tools, Clover facilitates efficient payment processing and business management.

Link: [Clover](https://www.clover.com/)

7. Sector: Technology

Poynt

Year Founded: 2013

Annual Revenue: Not disclosed

Description: Poynt offers smart terminals that combine payment processing with business tools, such as invoicing, loyalty programs, and analytics. Its sleek design and cloud-based infrastructure make it a modern and versatile choice for small businesses. With its focus on innovation, Poynt continues to evolve its offerings to meet the changing needs of merchants.

Link: [Poynt](https://www.poynt.com/)

8. Sector: Technology

Payanywhere

Year Founded: 1996

Annual Revenue: Not disclosed

Description: Payanywhere provides mobile and countertop payment solutions tailored for small businesses. Its affordable pricing and seamless integration with other business management tools make it an accessible option for merchants. With features such as inventory management and real-time reporting, Payanywhere enhances the payment experience for both businesses and customers.

Link: [Payanywhere](https://www.payanywhere.com/)

9. Sector: Finance

Venmo

Year Founded: 2009

Annual Revenue: Not disclosed

Description: Owned by PayPal, Venmo is a popular peer-to-peer payment app that also caters to small businesses. Its simplicity and social features make it a convenient choice for businesses with a strong online and mobile presence. With its QR code and touchless payment capabilities, Venmo aligns with the evolving trends in payment technology.

Link: [Venmo](https://venmo.com/)

10. Sector: Finance

Google Pay

Year Founded: 2015

Annual Revenue: Not disclosed

Description: Google Pay provides a secure and versatile platform for businesses to accept payments through mobile devices. With its integration with Google’s ecosystem and Android devices, Google Pay offers seamless payment experiences for businesses and customers. Its compatibility with various point-of-sale systems enhances its appeal to a wide range of businesses.

Link: [Google Pay](https://pay.google.com/)

Overall

Leveraging the right mobile payment solution is essential for small business companies to improve their operational efficiency and customer experience. By considering factors such as pricing, features, compatibility, and customer support, small business owners can make informed decisions about the mobile payment solution that best aligns with their unique needs. With the diverse options available, the top 10 mobile payment solutions highlighted in this article offer small businesses a range of capabilities to simplify payment processing, enhance financial management, and adapt to the evolving landscape of commerce.