We rank vendors based on rigorous testing and research, but also take into account your feedback and our commercial agreements with providers. This page contains affiliate links. Advertising Disclosure
  1. Website Planet
  2. >
  3. Blog
  4. >
  5. 6 Best Credit Card Processing for Food Trucks: Save in 2024

6 Best Credit Card Processing for Food Trucks: Save in 2024

Dawn Prevete Dawn PreveteFinance Specialist March 22, 2024
March 22, 2024
As fewer and fewer customers carry cash, securing fast and reliable credit card processing for your food truck has become essential.

You might not realize how much payment processors differ in terms of pricing and features – but these variables can be substantial to your bottom line. If you choose the wrong processor, you could end up paying a premium for features you don’t need or commit to a costly pricing model designed for a different type of business.

To help you navigate the complex world of credit card processors, I researched dozens of popular services and found the ones best suited to food trucks. Each recommendation offers affordable rates, valuable features to manage and grow your business, and the type of point-of-sale (POS) hardware a food truck needs – compact, fast, and mobile.

Taking everything into account, it was easy to put Leaders Merchant Services (LMS) at the top of the list. It offers a great selection of POS and mPOS equipment, easy onboarding, and low-cost interchange-plus plans with no cancellation fee.

Short on Time? These Are the Best Credit Card Processors for Food Trucks in 2024

  1. Expert’s Choice
    LMS_Monogram Leaders Merchant Services
    Leaders Merchant Services is a popular choice with our readers
    Low-cost plans, diverse POS hardware for food trucks, and a rate match guarantee.
  2. staxx logo Stax Special plans for food truck owners, quick onboarding, and 24/7 technical support.
  3. square-logo Square Fair pricing, custom plans, and impressive features for managing your food truck business.

What We Look For in the Best Credit Card Processing Companies for Food Trucks

When researching the best credit card processors for food trucks, I focused on the features and benefits a fast-paced, mobile business needs.
  • Mobile payment processing. Each recommended payment processor offers multiple mobile payment solutions that allow food truck operators to accept payments anywhere – from their counter window or online.
  • Fast processing of all payment types. Food trucks often have long lines of customers waiting to place and pick up orders. These payment processors offer efficient processing of both in-person and online payments. They also allow customers to pay however they prefer – cash, credit/debit card, and digital wallet (e.g., Apple, Samsung, and Google Pay).
  • Easy to set up and manage. A user-friendly interface makes it easy to set up your account, track sales, manage your inventory, and access business tools. Some services even allow you to automate out-of-stock notifications for essential ingredients.
  • Marketing and promotion tools. The payment processors on this list offer loyalty programs and integrated marketing tools that can help food trucks reach new diners, retain customers, and increase sales.

Leaders Merchant Services (LMS) offers low-cost interchange-plus pricing and free top-of-the line POS and mobile POS (mPOS) equipment. Plans are month to month with no cancellation fees. What’s more, you can also customize your plan features to fit your budget, making LMS suitable for both new and established food truck businesses.

Leaders Merchant Services (LMS) offers free POS and mobile POS (mPOS) equipment with a long-term contract. What’s more, you can also customize your plan features to fit your budget, making LMS suitable for both new and established food truck businesses.

Depending on your truck’s space and internet capabilities, you can choose a Clover POS terminal, compact Clover Mini, or the tiny but capable Clover Flex. The latter two work on LTE and WiFi, making them ideal for food trucks that need efficient mobile payment processing. LMS also offers SwipeSimple solutions for food truck mobile payment processing.

LMS charges a low monthly fee of $9.00, plus an in-person transaction fee of ~2% + 0¢. If customers place orders and pay online, the transaction fee is higher at ~2.9% + 30¢. There are other fees you should consider, including an annual PCI compliance fee.

Features and Benefits

  • Assured savings offer. Established food trucks looking to switch processors can take advantage of the LMS meet-or-beat guarantee. If LMS can’t at least meet the fees you’re currently paying, it will give you a $200 gift card.
  • Range of payment types. In addition to all major credit and debit cards, LMS lets you accept payments from Google Wallet, Apple Pay, and Samsung Pay. If you’ve purchased a Clover terminal, you can also accept PayPal and Venmo payments.
  • Discount offers. Offering special promotions to your customers, including discounts and rewards, can help you increase your sales and build a loyal base of diners. For example, you can retain customers by printing discounts and promotions on a SwipeSimple receipt.
  • Innovative POS solutions. As a SwipeSimple and Clover provider, LMS gives you access to quality equipment for food truck mobile payment processing. You’ll also be able to accept payments via mobile or tablet with the SwipeSimple Mobile App .
Our expert LMS review has more info about rates.

Mobile payment processing
Payout time 48 hours in most cases
Free terminal or mobile reader
  • Clover Mini, Clover Flex, or Clover POS (with minimum monthly transaction volume of $8,000)
  • SwipeSimple mobile card reader and portable terminal (with minimum monthly transaction volume of $1,000 for B250, none for B200)
Transaction fees on cheapest plan ~2% + 0¢
Monthly fee on cheapest plan $9.00

With fast, secure, and affordable payment processing, Stax is an excellent option for food trucks and food truck/restaurant businesses. It also offers free Bluetooth-enabled mobile terminals and POS terminals, plus a mobile app that allows you to accept offline payments.

Your Stax dashboard contains all the information you need for sales, payments, ingredient inventory, marketing campaigns, and more. You can view detailed reports that give you valuable insights into your customers and their preferences, including whether they are new or regular diners – and even which menu items they prefer.

The fee for a monthly subscription usually starts at $99.00, but small businesses like food trucks may be able to negotiate custom prices as low as $39. Stax’s affordable plan pricing and 0% + 10¢ (in-person) and online fee can help high volume food trucks save as much as 40% on processing costs compared to other services.

Since Stax doesn’t mark up its fee for online transactions, feel free to offer your customers the option to skip the line and pick up their order at a designated location.

Features and Benefits

  • Full-featured mobile app. The Stax app for iOS and Android turns your smartphone or tablet into a mobile POS for your food truck. You can accept payments (even while offline), send invoices for online orders, email digital receipts, track your inventory, and access customer and sales data on the go.
  • Great integrations. Stax integrates with dozens of popular e-commerce, marketing, productivity, and financial apps, such as Shopify, WooCommerce, Mailchimp, QuickBooks, and Zapier. Note you’ll be charged a fee for some integrations.
  • One-click shopping cart setup. You can set up Stax’s built-in shopping cart in minutes so customers can skip the queue by ordering and paying online.
  • Fast processing. With fast and reliable processing, your diners won’t experience any disruptions at checkout.
Read our expert Stax review for more details.

Mobile payment processing
Payout time 1-3 days
Free terminal or mobile reader Dejavoo Z11 terminal or free Bluetooth mobile terminal
Transaction fees on cheapest plan 0% + 10¢ (in-person)
Monthly fee on cheapest plan $99.00
Unsure which processor is best for your business?
Take this short quiz and get a tailor-made recommendation in seconds
Find the Best Processor for Me >

3. Square: Straightforward Credit Card Processing for Food Truck Owners

Square is a great option if you’re looking for transparent, easy-to-use payment processing for your food truck. It’s an especially good credit card processor for startups because as soon as you create your free account, Square will send you a free mobile card reader. You can start collecting payments as soon as it arrives. There are no monthly fees, and you’ll only pay a flat fee when you process a transaction.

A notable feature for food trucks is Square for Restaurants, a software and hardware package designed specifically for food service businesses. It offers helpful tools like online ordering, inventory control, curbside pickup and delivery, and loyalty programs to build repeat business. You can also create multiple menus if you have a food truck and a brick-and-mortar restaurant or offer a variety of catering services.

Square’s flat-rate pricing suits smaller to mid-size food trucks that want predictable food truck credit card processing. If you process a high volume of transactions, you may save more with an interchange-plus or subscription-style plan like those offered by Leaders Merchant Services and PAYARC.

Features and Benefits

  • Sales data and reporting. You can view granular data about your food truck’s most popular dishes and peak sales times and see how customer preferences vary depending on where you park your truck. This ensures you always have the right menu items on hand.
  • Convenient payment options. Square offers one of the widest ranges of payment options. Your customers can swipe, insert, or tap to pay with their debit and credit cards. They can also use digital wallets and even pay in cash.
  • Marketing tools. Built-in tools help you attract and retain customers with personalized email campaigns, special offers, and targeted rewards. Square’s intuitive dashboard makes it easy to manage your marketing campaigns and track their performance.
  • Streamlined online ordering. Your customers can order ahead, which can help you manage rush hours, reduce wait times, and improve satisfaction. You can use QR codes to offer customers a safe and convenient way to access your menus, place orders, and pay from their mobile devices.
See more advantages in our in-depth Square review.

Mobile payment processing
Payout time
  • One to two business days, as standard
  • As soon as a transaction is processed (with a Square checking account)
Free terminal or mobile reader
  • Free Square card reader for iPhone/Android
  • Other Square POS and mPOS terminals available for purchase (discounts may apply)
Transaction fees on cheapest plan 2.5% + 10¢
Monthly fee on cheapest plan N/A

Pro Merchant earned a spot on my list for its affordably priced interchange-plus and zero-cost processing plans, designed for food trucks and restaurant/catering ventures. There are no cancellation fees for its month-to-month plans, and you’ll receive free POS and mPOS hardware.

If your food truck offers customers the option to place orders online, ProMerchant’s e-commerce solutions have you covered. It uses the secure Authorize.Net payment gateway, which has built-in tools for invoicing and fast checkout. ProMerchant also offers useful integrations, like automatic sync with QuickBooks.

Whether you’re just launching your food truck or have an established business, ProMerchant is a good option. It’s also one of the few payment processors that support businesses labeled higher risk due to industry type or limited credit history. Another plus for this processor is its excellent customer support.

Features and Benefits

  • Free cost analysis. ProMerchant will provide a detailed analysis of your current processing fees to demonstrate how you can save with one of its low-cost plans. Your cost analysis will include the so-called “hidden” fees you may not be aware you’re paying.
  • Save with Zero Cost Processing. This plan allows you to pass processing fees onto your customers. Whether it will work for your food truck will depend on the cost of your menu items, how your customers typically pay (credit, debit, or cash), and other factors.
  • Mobile payment solutions. Accept transactions wherever you park your food truck with ProMerchant’s Payanywhere app and free Bluetooth card reader. The app allows you to print or email text receipts, view the last three years of transactions, and export data to any accounting program.
  • Clover POS products. You’ll have the option to purchase one of three Clover POS solutions. They all come with Clover’s Food Truck Management app, which includes useful productivity and management tools to help you keep track of inventory, create gift card/loyalty programs, view reports, and more.
Read our full ProMerchant review to learn more about plans.

Mobile payment processing
Payout time Next day (for transactions processed by 8:30 PM)
Free terminal or mobile reader
  • Free Ingenico Desk 3500 or Pax A920 terminal
  • Free Bluetooth credit card reader works with free Payanywhere app
Transaction fees on cheapest plan 3% + 10¢ (credit)
Monthly fee on cheapest plan $7.95

Whether you have one or many food trucks, run both a food truck and restaurant business, or offer catering services, there’s a PAYARC plan to suit your needs. It offers three subscription-style plans based on processing volume: a cash discount program, and a flat-rate plan. All plans are month-to-month with no cancellation fees.

PAYARC’s all-in-one platform lets you securely accept in-person, online, or keyed-in payments and use its impressive business management tools to handle every aspect of your business. From your dashboard, you can view sales and transactions, issue invoices for online orders or catering services, and access detailed reports and analytics data. You can also create targeted discounts and promotions for your best customers.

Unlike many credit card processors, PAYARC doesn’t charge for PCI compliance or statements, though there is a monthly fee for the use of its virtual terminal. PAYARC also gives you the option to test its features before you commit, something few payment processors offer potential clients.

Features and Benefits

  • Fraud protection. Chargeback fees for fraudulent transactions can hurt your bottom line and credit rating – not to mention put your business reputation at risk. PAYARC’s fraud protection services can help reduce disputed payments and save you money.
  • Smart hardware solutions. Depending on your plan, you can choose a free Pax countertop or portable POS terminal, wireless mPOS Dejavoo, or a card reader that you can use with a smartphone or tablet.
  • Full-featured mobile app. The PAYARC mobile app allows you to manage your business remotely, which is a great advantage for food truck credit card processing. You can securely accept encrypted payments, add tips to transactions, monitor real-time sales data, and email or SMS receipts.
  • Easy-to-use integrations. PAYARC offers a number of helpful integrations with popular software, but unlike some processors, doesn’t charge a fee. That includes two-way sync with QuickBooks and integration with e-commerce platforms like WooCommerce and Magento.
Learn more about its features in our expert PAYARC review.

Mobile payment processing
Payout time 24-48 hours as standard, same-day for a fee
Free terminal or mobile reader
  • 3 Pax and 2 Dejavoo countertop terminals
  • Dejavoo Z1 mobile POS, portable Pax E930 (free with some plans)
Transaction fees on cheapest plan  2.49% + 30¢ (in-person)
Monthly fee on cheapest plan N/A

Flagship makes it easy to get started with fast and secure food truck mobile payment processing. A simple online application, helpful agents, and quick and hassle-free onboarding means most food trucks can expect approval within 48 hours and start accepting payments the next day.

You have the option to select one of two pricing models: interchange-plus or tiered pricing. While tiered pricing may appear more cost-effective initially, it generally proves to be more expensive than interchange fees in the long term, particularly for small businesses such as food trucks.

Whichever plan you choose, Flagship will offer you a free terminal or mobile reader, but only with a long-term contract. But there are additional fees: Flagship charges extra for features like payment gateways and ACH processing. You can (and should) negotiate better terms to get the best deal with Flagship.

Features and Benefits

  • Mobile payments. Flagship offers a robust selection of hardware for food truck mobile payment processing that allows you to accept payments and issue digital receipts anywhere your truck takes you.
  • Digital loyalty programs. Gift cards and discount offers can help you build your brand, expand your base of loyal customers, and increase your sales.
  • Same-day payout. Flagship offers qualified food trucks the option to pay a small fee to have funds deposited in their accounts on the same day.
  • Zero-cost payment processing. Flagship’s cash discount program allows you to pass the cost of credit card processing to your customers. This can reduce your monthly costs and encourage diners to pay with cash.
Read our expert Flagship review for more features.

Mobile payment processing
Payout time 2-3 days, same-day payout for a fee
Free terminal or mobile reader Clover Mini or Verifone terminal (with long term contract)
Transaction fees on cheapest plan 1.58% + 19¢ (in person)
Monthly fee on cheapest plan $7.95

Which of the Best Credit Card Processing for Food Trucks is Right for You?

Choosing the best food truck credit card processing company for you will vary depending on your monthly sales volume, the price of your menu items, and whether you allow customers to order online.

Other factors to consider are the number of trucks you have and whether you also have a restaurant or offer catering services.

LMS is my top choice for food trucks based on its outstanding features, mobile payment solutions, and affordable pricing. And with LMS’s plans subscription, you’re free to test everything it offers without worrying about a costly cancellation fee.

Exceptional customer service, low-cost interchange-plus plans, and predictable pricing make Stax a great option. These Stax plans are designed for food trucks and food truck/restaurant combos.

For easy-to-use processing and a free mobile card reader, look no further than Square. You’ll get fair pricing, custom solutions, no interchange markup, and no hidden fees.

To help you make an informed choice, here’s a recap of the best credit card processors for food trucks:
Best Feature Best For Monthly fee on cheapest plan Transaction fees on cheapest plan
Leaders Merchant Services Custom plans and assured savings guarantee Food trucks looking to switch processors for a better deal $9.00 ~2% + 0¢
Stax Impressive POS and mPOS solutions and advanced reporting tools Food trucks that want an all-in-one payment processor and helpful business tools. $99.00 0% + 10¢ (in-person)
Square Flat-rate pricing and POS hardware/software solutions for food trucks Food trucks that want straightforward processing with helpful tools N/A 2.5% + 10¢
ProMerchant Zero-cost processing for food trucks Food trucks looking for low rates and industry-specific solutions $7.95 3% + 10¢ (credit)
PAYARC Custom subscription-style plans, wholesale rates, and no hidden fees Food truck owners that want predictable pricing and a client-centered approach N/A 2.49% + 30¢ (in-person)
Flagship Merchant Services Fast approval and onboarding Food trucks that need to quickly start accepting payments $7.95 1.58% + 19¢ (in person)

FAQ

Which is the best payment processing company for food trucks?

Leaders Merchant Services is the best credit card processor for food truck owners. It offers affordable rates and fast and secure mobile food truck credit card processing.You’ll also get your choice of a compact POS or mPOS terminal or mobile card reader, shopping cart integration for online ordering, and useful tools to manage your inventory and finances.

Do any credit card processors offer payment plans designed for food trucks?

ProMerchant offers a food industry payment plan designed for restaurants, food trucks, and food truck/restaurant hybrids. With this plan, you’ll save with low inerchange-plus rates and free POS and mPOS hardware.

What should food truck owners look for in POS credit card processing equipment?

Food trucks need compact, mobile POS solutions due to space constraints and the need to process payments in the field (often without WiFi connectivity). PAYARC offers Bluetooth-enabled readers that allow you to accept chip, swiped, and tap-to-pay transactions. You’ll also get a free app for iOS and Android that turns your tablet or smartphone into a full-featured mobile POS system.

What is the cheapest credit card processor for food trucks?

It depends on your sales volume, the price of your menu items, the number of food trucks you have, and whether you own a restaurant or catering business. You’ll also want to weigh additional fees (PCI compliance, virtual terminal, etc.) and whether a processor offers free equipment. That said, consider LMS if you’re looking to switch processors because you can use your current rates to negotiate a better deal.

Our review of the top 10 credit card processors in 2024 can help you pick the cheapest option for your food truck.

Rate this Article
4.8 Voted by 4 users
You already voted! Undo
This field is required Maximal length of comment is equal 80000 chars Minimal length of comment is equal 10 chars
Any comments?
Reply
View %s replies
View %s reply
Related posts
Show more related posts
We check all user comments within 48 hours to make sure they are from real people like you. We're glad you found this article useful - we would appreciate it if you let more people know about it.
Popup final window
Share this blog post with friends and co-workers right now:

We check all comments within 48 hours to make sure they're from real users like you. In the meantime, you can share your comment with others to let more people know what you think.

Once a month you will receive interesting, insightful tips, tricks, and advice to improve your website performance and reach your digital marketing goals!

So happy you liked it!

Share it with your friends!

Or review us on

2981375
50
5000
55905341
< Prev
 of 3
Next >
Based on your answers, here are three credit card processors we recommend for your [business type].
< Prev
Quiz results