Accept payments anywhere with secure merchant services for small businesses.

Keep More of Every Payment with Live Oak Merchant Services

Most businesses overpay on payment processing without knowing it. Live Oak's merchant services2 go beyond accepting payments in person, online or on the go. They come with simple pricing, easy-to-set-up hardware and software, and tools that help you run your day.

Available to Live Oak business checking customers.

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The Status Quo Is Costing You

Unseen processing fees are draining more of your hard-earned revenue than you realize. There’s a better solution. As your partner, here’s how Live Oak puts more of your money back in your pocket.

What Live Oak Offers

  • Transparent Pricing: We won’t bury fees in the fine print. Request a complimentary merchant statement analysis and see your savings.
  • Pre-Negotiated, Competitive Rates: We’ve already done the hard work—leveraging our scale to secure competitive processing rates, so you don’t have to negotiate or guess if you’re getting a good deal.
  • Fast Access to Funds: Stop waiting days for your money. Get your money within one business day and put it to work immediately.3
  • Affordable Equipment: Get low- or no-cost equipment built to lower your total cost, not add to it.
  • No Long-Term Contracts: We won’t lock you in. Leave anytime—no strings attached, no early termination fees.

The Status Quo

  • Hidden Fees and Markups: Complex pricing, fine print, and unexpected rate increases quietly eat into your margins.
  • Take-It-or-Leave-It Pricing: Most businesses are given standard rates with built-in markups—leaving you to navigate complexity or negotiate on your own.
  • Slow Access to Funds: Transfers that take 3–7 business days can disrupt cash flow and limit your ability to reinvest.
  • High-Cost Hardware and Add-Ons: Expensive equipment, leasing fees, and unnecessary extras increase your total cost over time.
  • Lock-In Contracts: Long-term agreements and termination fees trap you in services that may no longer meet your needs.

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Why businesses choose Live Oak Merchant Services

Exclusive Pricing

Access preferred rates designed to lower your total cost.

No Hidden Fees

Know exactly what you’re paying, every time.

Next-Business-Day Funding, with Same-Day Options

Get paid on your schedule. Next-business-day funding is standard, with same-day funding available for eligible transactions.3

Accept Payments Anywhere

In-store, online, or on the go.

Dedicated Support from Real Experts

Work with a knowledgeable team that supports small businesses every day.

Tools that Support Your Business

E-commerce, invoicing, inventory management, payroll, employee benefits, and integrations with the tools you already use.4

Built-In Fraud Protection

Fraud monitoring and chargeback support included at no extra cost—so you can focus on running your business, not defending it.

Female small business owner on her tablet connecting with a Live Oak Bank team member to talk through their efficient lending process
Contactless card payment processed through a modern point-of-sale system at a small business.

Support from a Team that Understands Small Business

Our team works with small business owners every day and understands the challenges you face.

  • Dedicated support from experienced specialists
  • Guidance tailored to your business—not one-size-fits-all
  • Help when you need it, from people who know your setup

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Simple Pricing with No Surprises

We offer some of the most competitive rates available—and unlike other providers, we don’t make up the difference with hidden fees.

In-person payments5
Tap, swipe, insert
2.49%
+ $0.10 per transaction

Online payments5
For digital purchases
2.85%
+ $0.30 per transaction

What You Always Get6
  • No monthly platform or account access fees
  • No PCI compliance fees7
  • No hidden statement fees
  • No early termination fees

Processing more than $250K annually?
Contact us using the form below to explore custom pricing options.8

Integrated payment device and business management platform help a small business track appointments and process payments.

Connects to the Tools You Already Use

Built to work the way your business works—with powerful business tools and integrations when you need them.

  • QuickBooks Online, Xero, Zoho Books
  • WooCommerce, Wix, Acuity Scheduling, and other e-commerce and industry-specific platforms
  • Hundreds of additional integrations across accounting, ERP, and business management tools4

Get started with Merchant Services

Submit your information, and we’ll guide you through the steps of opening your checking and merchant accounts, so you can start processing payments and keep more of every payment.