Which Mobile Payment System is Right for Your Small Business?

NerdWallet crunched the numbers on 9 processors and plans to find the best mobile payment reader for any business. Click to learn more.

• Breadcrumb by Groupon is best for merchants who either:
  • Key in many of their transactions,
  • Have many transactions over $400, OR
  • Do less than five figures or more than six figures in monthly sales AND
    • Have an average transaction amount over $17 and don’t take Amex, OR
    • Have an average transaction amount over $26

• PayPal Here is best for merchants who:
  • Do less than five figures or more than six figures in monthly sales AND
    • Have an average transaction amount under $26 and take American Express OR
    • Have an average transaction amount under $17

• Square is best for merchants who:
  • Do five or six digits in sales each month,
  • Have few transactions over $400, AND
  • Key in very few transactions