Paysafe (formerly iPayment) is a merchant services provider that enables business owners to process in-store and online payments. It offers users with solutions for credit card payments, digital wallets, bank transfers, and more. In this article, we covered user reviews and pricing. Ready to try Paysafe? Contact their support team for more information.
What Paysafe Does Well
Users who gave Paysafe a positive review said that the platform is simple, convenient, and easy to use. Excellent customer support was also cited.
A user who left a positive review of Paysafe on Capterra said that the software enables her to get any data she needs such as payment history and transaction reports. She commended the revenue reports and shared that she likes the chargeback management feature in particular. She also mentioned receiving great support from the customer service team.
What Paysafe Does Not Do Well
Users who gave Paysafe a negative review encountered a lot of hidden charges or were surprised to have been charged for something they thought was included in their package.
“They are not a low fee merchant service provider like they advertise themselves to be. Take a closer look at your $8 monthly statement and you’ll see some unexplained fees buried under the “miscellaneous fees” category. They just take advantage of businesses with their deceptive practices.”
Paysafe doesn’t publish their pricing plans online. Rates for similar service providers range from $0.10 to $0.45 per transaction, $9 to $30 for monthly subscription fees, and 1% to 2.5% for processing fees.
Ready to try out Paysafe? Contact their support team for more information.
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Check out the list below of some of Paysafe’s features:
- POS Tool
- Card Payments
- Digital Wallets
- Bank Transfer
- Payment Installments
- Issuing Prepaid and eCash
- Merchant Cash Advance
- eCommerce Platform
What types of businesses will benefit from using Paysafe?
How do I ensure my customers’ security when processing payments using Paysafe?
Here is a list of some of Paysafe’s popular integrations: