Credit Card Processing for Freelancers & Solo Entrepreneurs: Low-Fee Options in 2025
Freelancers and solo entrepreneurs face a unique challenge: how to accept payments quickly, securely, and without losing too much to processing fees. Unlike larger businesses, you don’t always have the volume to negotiate custom rates. In this 2025 guide, we’ll break down the best low-fee credit card processing options for freelancers, compare payout times, and help you choose the right solution.
Why Freelancers Need Flexible Credit Card Processing
Clients expect easy payment methods
High fees eat into tight margins
Need for simple invoicing + recurring billing
Importance of transparent pricing (no hidden fees)
Key Features to Look for in a Processor
Low transaction fees (flat-rate vs. interchange-plus).
Fast payouts (next-day or instant).
Mobile invoicing for on-the-go work.
Global payments for cross-border freelancing.
Integrations with tools like QuickBooks, FreshBooks, or Stripe Billing.
If you’re just starting out and want a broader overview, check out our Ultimate Guide to Card Processing for Small Businesses (2025 Edition).
Best Credit Card Processing Options for Freelancers (2025)
| Processor | Transaction Fees | Payout Speed | Best For |
|---|---|---|---|
| Square | 2.6% + $0.10 | Next-day | Freelancers who invoice occasionally |
| Stripe | 2.9% + $0.30 | 2–3 days (instant available) | Tech freelancers needing global payments |
| PayPal | 2.99% + fixed fee | Instant (with fee) | Solopreneurs with international clients |
| Helcim | Interchange + 0.5% + $0.25 | 1–2 days | Higher-volume freelancers wanting transparency |
| Wise (with invoicing) | 0.5–1% (varies) | Same-day for some currencies | Global freelancers avoiding hidden FX fees |
Flat-Rate vs. Interchange-Plus — Which Works Best?
Flat-rate (Square, PayPal): predictable, good for low volume.
Interchange-plus (Helcim, Stripe custom): better for higher transaction amounts.
Quick Recommendations
Occasional invoicing? → Square.
Recurring subscription work? → Stripe.
Global clients? → PayPal or Wise.
High-ticket projects? → Helcim.
ScaleUp Tip
Freelancers don’t need to settle for high fees or clunky payment methods. With the right credit card processor, you can keep more of what you earn while giving clients the convenience they expect.
What to explore next:
For a more detailed look at small business processors beyond freelance needs, see our 2025 price guide & fee comparison.
Wondering if PayPal is the right fit? Compare it directly with Merchant One in our PayPal vs. Merchant One guide.
FAQs
Q1. What is the cheapest way for freelancers to accept credit card payments?
The cheapest option depends on your transaction volume and client base. Square and PayPal are best for occasional invoicing with no monthly fees, while Helcim offers lower rates for higher-volume freelancers.
Q2. Do freelancers need a merchant account to process credit card payments?
No. Most freelancers use third-party processors like Stripe, Square, or PayPal that don’t require a dedicated merchant account. However, merchant accounts can benefit high-volume freelancers who want more control and lower fees.
Q3. Which payment processor has the lowest fees for freelancers in 2025?
For domestic payments, Square and Stripe are competitive with flat-rate pricing. For international work, Wise often has the lowest overall cost because of its low FX fees.
Q4. How fast do freelancers get paid through credit card processors?
Square: next business day
Stripe: 2–3 days (instant available with a fee)
PayPal: instant (with a fee)
Helcim: 1–2 days
Wise: same-day for some currencies
Q5. Can freelancers pass credit card fees onto clients?
Yes, but it depends on local regulations and client agreements. Many freelancers add a processing surcharge or offer a discount for ACH/bank transfers. Always disclose this upfront to avoid disputes.
Q6. Is PayPal still a good option for freelancers in 2025?
Yes, PayPal remains popular thanks to instant payouts and global reach. However, fees are higher compared to other processors, so it’s best for freelancers with international clients who value convenience.
Q7. What’s the best option for freelancers working with global clients?
Wise is often the most cost-effective for cross-border payments due to low currency conversion fees. PayPal is also widely accepted worldwide but has higher costs.
Q8. Are there credit card processors with no monthly fees?
Yes. Square, Stripe, PayPal, and Wise do not charge monthly fees — you only pay per transaction. Helcim also has no monthly fees and uses interchange-plus pricing.
