Top Merchant Service Providers for Franchise Brands in 2024

As franchises continue to expand, choosing the right merchant service provider is crucial for efficient operations and customer satisfaction. Here are the top eight merchant service providers that offer comprehensive, scalable solutions tailored to meet the diverse needs of franchise brands.

Franchise Payments Network (FPN)

1851 Supplier Database Page

Specializing exclusively in franchise businesses, FPN provides credit/debit/ACH processing and mobile payments to simplify the life of the consumer and the business owner. FPN offers integrated solutions that help franchises manage payments across multiple locations seamlessly. FPN caters to franchisees, ensuring they have the education and support they need to grow unit revenues, as well as to franchisors, assisting security and compliance to minimize the risk of data breaches. Since 2006, FPN has served over 190 franchise brands. 

Chase for Business

1851 Supplier Database Page

Chase provides deposit accounts, loans, credit cards, payment processing and cash management to 4 million small businesses across the country. Chase for Business is the umbrella brand that represents the parts of Chase serving small businesses, including business banking, merchant services and Chase Ink business credit cards.

Givex

Since 1999, Givex has provided technology solutions that unleash the full potential of engagement, creating and cultivating powerful connections that unite brands and customers. With a global footprint of 132,000+ active locations across more than 100 countries, Givex unleashes strategic insights, empowering brands through reliable technology and exceptional support. Givex’s integrated end-to-end management solution provides gift cards, GivexPOS, loyalty programs and more, creating growth opportunities for businesses of all sizes and industries.

Square

1851 Supplier Database Page

Square is popular among small to medium-sized franchises due to its straightforward pricing and ease of use. It offers versatile POS systems, hardware and e-commerce solutions, making it suitable for both retail and restaurant franchises. Square can also custom-tailored product suites for specific businesses.

Global Payments Inc.

1851 Supplier Database Page

Global Payments Inc. is a leading worldwide provider of payment technology and software solutions delivering innovative services to customers globally. The technologies, services and employee expertise enable them to provide a broad range of solutions that allow customers to accept all payment types and operate their businesses more efficiently across a variety of distribution channels in 32 countries throughout North America, Europe, Brazil and the Asia-Pacific region.

Worldpay

Worldpay powers businesses of all sizes to “make, take and manage” payments through omni-channel commerce. Notably, Worldpay also offers multi-currency payment solutions for franchises, supporting over 135 currencies and providing detailed reporting for international transactions in 146 countries. This makes it an excellent choice for franchisors looking to expand or operate internationally.

Zift

1851 Supplier Database Page

Zift offers payment technology catered to independent software vendor (ISV) payment processing, software platforms, business management systems and franchise verticals. By partnering with Zift, businesses can offer seamless payment experiences to their users or networks while avoiding risk, compliance and infrastructure concerns. Through API integration, business owners can conveniently process payments, view transactions and manage client transactions directly within the platform, ensuring a streamlined user experience.

Toast

1851 Supplier Database Page

Toast is the all-in-one platform built for restaurants of all sizes. Toast provides a single platform of software-as-a-service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business: point-of-sale, operations, digital ordering and delivery, marketing and loyalty, and team management systems. By serving as the restaurant operating system across dine-in, takeout and delivery channels, Toast helps restaurants streamline operations, increase revenue and deliver amazing guest experiences.

Each of these top providers offers unique features and specialized services that can help franchise brands optimize their payment processes and enhance their overall customer experience. Whether your franchise needs advanced international payment options, integrated payroll services or specific POS functionalities, there is a merchant service provider ready to meet those needs.

Check out our full Supplier Database here.