I see a lot of posts for the best and worst merchant accounts and card processors, but most are so dated they are useless.
PayPal always took a bad rap, but they have developed into a well accepted business. I mean look at what Elon Musk has done since his involvement in Pay Pal...SpaceX, sending resupply missions to the ISS and Tesla motors. I love Pay Pal, been using them for over a decade without a single issue.
I also used Authorize.net along with a few different merchant accounts. First with Total Merchant Services and a nightmare that followed a 2004 Christmas product run where we made a ton of money fast but they froze the account for 6 months after sales completed. Next was First Data through my bank. Not bad but high fees. Finally the worst merchant account EVER was AdvoPay. Upfront BS, high fees and locked into a hidden 5 year contract with a $750 early termination fee. Avoid them like the plague. Authorize.net is outdated and I would not recommend them. Why pay gateway fees AND merchant fees? With AdvoPay and Authorize.net I was paying 30% in fees! Outrageous!
My new favorite is Stripe. Easy setup, smooth developer based integration. Had my account and cart up in less than 1/2 hour and it coverts well.
What are YOUR best and worst card processors?