Its published rates are 2.6% + $0.10 for in-person transactions with a card reader, 2.9% + $0.25 for online transactions, and 3.5% + $0.10 for manually keyed-in transactions.Īlthough Chase’s website says there are no monthly credit card processing fees, it’s not clear if there are fees for additional services like many credit card processors have. PricingĬhase charges a flat credit card processing rate. InstaMed accepts both credit card and ACH payments. InstaMed allows healthcare organizations to securely keep patient cards on file for recurring billing, resulting in higher collection rates. The software is called InstaMed, and it provides in-office payments as well as online payments and statements. Source: Chase HIPAA-Compliant Healthcare PaymentsĬhase is the only credit card processor we have seen that offers a HIPAA-compliant payment solution for healthcare providers. Chase makes it simple to accept payments from anywhere. If accepting payments on the go is important to you, also review our recommendations for the best mobile credit card processors. Use of the QuickAccept device gives you access to no-fee same-day deposits. It is only available to merchants with a business checking account at Chase. We like that it also offers a small mobile unit called Chase QuickAccept, which connects to its mobile app. To allow in-person credit card payments, Chase sells the Smart Terminal, a portable Wi-Fi and wireless device with an LED screen, for $399. You can learn more about this top POS system in our full review of TouchBistro. Additionally, it does offer TouchBistro POS systems for those in the restaurant industry. While Chase doesn’t have its own POS hardware, such as what we found in our review of Clover, it does integrate with Vend. POS SystemĬhase offers POS hardware that can be accessed via desktop and laptop computers and external card readers. Features and ServicesĬhase offers a variety of functionality and payment options. It offers a virtual terminal, recurring billing options and payment buttons for your website.įactoring all of this together, we like how Chase covers all the bases when it comes to how and where you accept credit card payments. Its partnership with allows you to accept payments from your computer or via your website. (Keep in mind that this will result in a higher processing rate than using the mobile card reader.) You also have the ability to email receipts to your customers.Ĭhase makes it simple to accept online payments. Accepting mobile payments with the app is straightforward just enter the amount and the payment information. Using Chase’s mobile app for payments gives you the advantage of same-day deposit of funds. Both options have a built-in receipt printer and allow merchants to accept dipped, tapped or swiped debit and credit cards as well as Apple Pay and Google Pay. The wired countertop terminal is $299, and the mobile terminal is $399. Chase has wired and wireless credit card readers for in-store sales. You need a Chase business checking account to get the fastest payout with QuickAccept.Ĭhase makes it simple to accept payments, including those processed in-store and on the go.You risk an early termination fee if you accept free equipment.Chase’s credit card processing rates are high compared to those of many other processors.What We Don’t Like About Chase Payment Solutions It allows you to offer payment plans and automatic billing, integrates with electronic health records and practice management systems, and offers InstaMed, a secure, HIPAA-compliant billing system. While many credit card processors tailor their solutions to specific industries, none cater to healthcare businesses quite like Chase.Because Chase is an acquiring bank, there is no middleman, meaning larger merchants can negotiate lower rates.Chase provides fast payouts – one of the benefits of its size and status as a card issuer.What We Like About Chase Payment Solutions Chase allows merchants to accept in-store, online and over-the-phone payments.
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