Best Credit Card Processing for Construction Companies

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Best Credit Card Processing for Construction Company

No matter where we travel, all around the world in different countries we see big buildings. These big buildings are constructed by small, medium and large construction companies. It’s quite common to find a construction company located in Europe, handling projects in North America. You can also find North American construction companies operating in the middle eastern region. Construction is not a local business anymore. Many medium and large companies require payment processing capability for international transactions. It is vital for you to look at multiple factors to identify the best credit card processing company for your construction business. Let’s quickly understand these factors one by one.


Most of the construction companies accept credit card payments. These days construction companies across the United States also aggressively accept payments by echeck and ACH. Construction companies across Canada accept payments through EFT also known as electronic fund transfer. In the European Union, construction companies prefer SEPA as a preferred mode of payment processing. Having mentioned these modes, Let’s also look at cross-border transactions

As mentioned earlier in this article many construction companies render services to the clients in different nations. Let’s take an example of a company in the United States rendering services to a customers in Brazil, what if the Brazil-based customer is interested in paying by a local card. If your payment processing company does not accept local cards or alternative mode of payments(AMP) then you will possibly lose that transaction. That is why it is essential for you to check if your payment processing company or credit card processing company offers the maximum number of payment methods. The most common mode of transaction used are Card, ACH payment processing, and EFT payment processing.

Most of the times Construction Companies accept card present transactions. They use a credit card terminal and swipe the card over these terminals to accept payments from customers. Many construction companies also accept payments online. Unfortunately, most of the payment processing companies say no to these large construction organization because of the tickets size. We know that in the construction industry the tickets will always high and because the ticket size is high, construction companies can sometimes be considered as a high-risk merchant. You can approach a high-risk payment processor that supports the construction industry. If everything works well, you will get an online payment gateway and a merchant account, So that you can accept payments directly to your websites.

ACH payment processing is wonderful for construction companies. Construction companies can accept payments over the phone, over the internet and also over the email. All the information that is needed is Account Number, Routing Number, and basic billing details. That’s all the information required for ACH transaction to go through. Most advanced ACH solutions come with authorization as well as the voice verification. You can ask your processors to Initiate these fraud prevention activities.


1. Transaction fee and charges: We strongly encourage you to get the pricing from multiple credit card processing companies. We recommend you to get various quotes because you will be able to analyze the pricing and decide which is the most economical. Remember credit card processing companies earn profits and these profits are a part of the transaction fee that you pay. The lower the transaction fee the better it is for your construction company.

2. The second factor that you have to look at is Setup Fee: Many merchants take payment gateways but never process. Because of this payment processing companies hardly make any revenue from these accounts. To eliminate this issue payment processing companies have started taking setup charges. You should work with the payment service provider or credit card company that offers zero setup options or low setup options for your construction company.

3. Set up a time frame for a construction merchant account: Every day in business is a cost. If your payment processor is taking a lot of time for the merchant account to be approved then indirectly, you are losing a lot of business. Before applying with the payment service providers confirm how much time they need for the account to be approved. Most of the time they will give you a tentative period. The shorter the tentative period, the better it is.

4. The next factor that will help you to identify the best credit card processing company for construction business is the support factor: Support is essential in any industry. When it comes to financial services and fintech, It’s more important. If your payment service provider offers 24X7 support by different modes like support on the phone, support on email, support on chat, then that solution can be a great option for you.

5. Integration support: You should also look at how easy it is to connect your website with the gateway. Some gateways require high technical skills. Some gateways offer readymade plugins for payment gateway integration.

Based on these factors you can quickly identify which the is the best credit card processing company for construction. As a responsible business owner, you understand the many reviews on the Internet are not genuine. We do not claim that every review on the internet is biased and is a form of advertorial, but many reviews are only there because the review website has generated money out of them. We strongly recommend you to investigate the solutions provided by multiple payment processors so that you can identify the best credit card processing options for your construction company. If you want more information about the solutions that are available through our payment processing partners, we request you to send an email. For your construction merchant account, you can send an email to [email protected]. Our team will carefully look at your website and application form. Based on our analysis we will suggest the best payment processing company for you. If you have any more questions, send us an email. We look forward to assisting you in finding a reliable credit card processing company for the construction business.

Bankim Chandra
Bankim Chandra
Bankim Chandra is a Merchant Account consultant. He works with merchants globally and helps businesses in getting reliable payment processing solution. He writes extensively on the internet about Payment Gateways, Credit Card Processing, Echeck Processing, Chargeback Alerts, ACH and Business Funding.