PayKings is a payment gateway that is best for B2B, ecommerce, and retail businesses that are categorized as high-risk merchants (such as pawnshops, credit repair, CBD, and subscription boxes). Its features include integrated fraud solutions, surcharging, cash discounts, and offshore merchant account services (like multi-currency acceptance and cross-border acquiring). It offers personalized pricing that starts at 1% per transaction.
PayKings Pros and Cons
Lacks user education tools
Offshore merchant account services
Who PayKings Is Best For
- Those who run high-risk B2B, ecommerce, and retail businesses can benefit from PayKings’ partner banks that are open to accepting the liability and increased risk. Moreover, you and your customers can stay on-the-go with the provider’s mobile and MO/TO (Mail Order Telephone Order) solutions.
PayKings’ pricing information states that its fees start as low as 1% per transaction (above interchange costs and other card-specific fees). Interested users may fill up a form on PayKings’ website for a personalized quote.
PayKings Alternatives 2020
The company provides secure payment solutions for businesses in high risk industries. Let’s take a look at some of PayKings’ features below.
Offshore merchant account services: This includes payment processing for business with monthly volumes of $20,000 to over $100 million, comprehensive reporting tools, and international payment processors.
Surcharging and cash discount programs: With PayKings’ SurchargePro, you can offer lower cash processing fees and offset credit card costs.
Mobile solutions: If you are an ecommerce merchant that sells goods and services through mobile apps, then PayKings’ SDK solutions with end-to-end encryption could be a viable option for you.
Retail and swipe: PayKings enables you to utilize flexible point-of-sale (POS) payment methods such as debit cards, ApplePay, ACH/checks, and major credit cards. This feature also includes other services like customer tracking, labor scheduler, and dynamic pricing.
Integrated fraud solutions: Through its partnership with iSpyFraud, PayKings offers fraud detection, extensive reporting, suspicious activity blocking, and static rule banning/blacklisting.
Data security: The gateway is powered by 3D Secure, which adds another layer of security for Card Not Present (CNP) merchants. Furthermore, you may also utilize standard gateway tools, such as address verification services (AVS) and card verification value (CVV).
Summary of PayKings Reviews
As of this article’s writing (July 1, 2020), there are no up-to-date PayKings reviews available online. If you are a past or current PayKings customer, then leave a review to help those who are deciding whether or not to use the product.
PayKings Frequently Asked Questions (FAQs)
Which third-party applications does PayKings integrate with?
PayKings’ third-party integrations include WooCommerce, X-Cart, PinnacleCart, DrupalCommerce, Magento, Orange CRM, BigCommerce, and PrestaShop.
Can I purchase payment terminal hardware from PayKings?
Yes, you can purchase the following terminal hardware from PayKings:
- EMV-Capable Encrypted USB Smart Terminal (with or without Signature Capture)
- iPS Enterprise Encrypted Mobile Reader
- HID or KEY EMU Encrypted USB PC Card Reader
- Encrypted USB Keypad/Card Reader Combo
Does PayKings offer user training programs?
Details regarding user training programs are currently unavailable. However, you can access detailed documentation on PayKings’ website.
Our Top Payment Gateway Picks
If you aren’t sure if PayKings is right for you, then this article on the best payment gateways is a review of our top choices. Our team looked at a variety of solutions and narrowed our recommendations down based on the fees, security, ease of use and set up, sales channel served, and features such as timely payouts among others.