Credit Card Processing for Lawyers

Credit Card Processing for Lawyers (Alphabetical List)

Filter by Feature

Credit Card Processing for Lawyers Feature Descriptions

About Credit Card Processing Fees. Comparing credit card processors on price is difficult because there are so many fees involved, from monthly fees to per-transaction fees, with variations for eCheck/ACH versus swiped cards versus keyed-in transactions and extra fees for "signature cards" like American Express. As a rule of thumb, credit card processing fees are 2–3.5% of the transaction. eCheck/ACH fees are usually lower.

Accept Payments. Accepting payments is the defining feature of credit card processing tools, of course. However, not all processors accept all payment types. See below for a more detailed breakdown.

Recurring Payments. You can use recurring payments for subscriptions and other pay-over-time fee arrangements.

Send Invoices. Some credit card payment processing tools include a basic invoicing feature in case you don't have separate accounting or billing software.

Payment Reminders. With payment reminders you can automate email notifications to your clients to remind them about upcoming or past-due payment dates.

Issue Refunds. When you have to give the money back.

Reporting. Generate report like payments received or upcoming payments.

Fraud Protection. Payment processors should monitor transactions for suspicious activity to help avoid fraudulent charges.

Trust Account Compliance. Some jurisdictions may require law firms that accept credit cards to comply with specific procedures. For example, pulling the transaction fee from your operating account or having your client pay it instead of subtracting it from the payment amount.

When exploring your credit card processing options, knowing the specific features that will keep your business running smoothly can be challenging. We’ll try to make it easy:

  1. First, think about your firm’s needs. Some credit card processing software only gives you the ability to accept online credit card payments. Others allow you to accept e-checks, sync with your accounting software, and more.
  2. Read through our feature definitions list.
  3. Then, get more information about the software that most interests you by visiting the product page for each.
  4. Finally, sign up for a trial account with one or two likely software options, put them through their credit-card-processing paces, and pick the one that works best for your firm.