- Home
- eCommerce Platforms
- Payability
Payability Review
What is Payability?
Payability is a New York-based financing firm offering cash flow solutions for eCommerce sellers. They are able to create fast and simple financial solutions that help sellers address cash flow gaps and erratic amounts of working capital.
Payability offers an expertly engineered application that lets Amazon sellers get next-day access to their Amazon earnings, so they won’t need to wait weeks for their cash. Fully scalable and easy-to-use, this solution allows businesses to replenish their inventory faster, avoid stockouts, and stay longer in the Buy Box.
They service a wide range of businesses, from Amazon sellers doing $2000/month to over $1 million/month. A reduced pricing is available for sellers doing $50,000 or more a month in gross sales not $100,000+.
Show MoreOverview of Payability Benefits
Payability is a modern-day financing solution that enables quick access to earnings for eCommerce sellers on Amazon and other online marketplaces. Great for small firms and large corporations alike, this program will help you get a steady cash flow to fund your business more efficiently. Among the benefits you can reap by using this application are:
Speedy Transactions
Payability transfers your earnings via Same- Day ACH or Wire. This means you can skip the 14-day payment delays and get access to your earnings on a daily basis. Through this, you can pay suppliers faster and even get discounts from wholesale purchases, helping you lower costs and increase margins.
For your peace of mind, Payability has a fast approval process that is based on your Amazon account health rather than credit. This sets it apart from term loans and financing options that require plenty of documents and a lengthy verification process.
Scalable Cash Flow
Taking advantage of big opportunities and keeping your inventory fully stocked at all times can be difficult if you have erratic income. This is why Payability lets you get hold of your earnings daily to help you scale your cash flow. They gives you access to your income in real-time, helping you get a consistent financing source that scales at the speed of your business. With faster access to cash, you can make investments as opportunities arrive and buy inventory at optimal times.
Risk-Free Financing
Filing for traditional loans and relying on credit cards can be risky. These can easily bury you in debt if your business is unable to make enough money to pay for the expenditures. By using Payability with your eCommerce business, you will be able to fund your business using your own money instead of someone else’s.
Continuous Growth
Having products on-hand at all times can significantly speed up your lead times and keep you in the Buy Box. However, with Amazon’s 14-day delays on payouts, it can be difficult to keep your inventory full. To make sure that you always have enough money to fund your business, Payability makes your income more predictable by making your earnings available for use every day.
Show MoreOverview of Payability Features
- Daily Online Payments
- Direct Fund Transfers to Bank
- Payability Mastercard
- Quick Access to Cash
- Account Health Review
What Problems Will Payability Solve?
Scaling Your Business Quickly
Small to medium sized sellers with limited access to financing need daily cash flow on an ongoing basis to keep inventory in stock, avoid stockouts and scale their businesses faster than they would with bi-weekly payments.
Taking Advantage of Big Opportunities
Sellers use Payability to get the fast cash they need take advantage of seasonality or other big opportunities such as Prime Day, Q4 or a chance to stock up on lots of inventory at a low cost. It’s faster, simpler and free from the risk involved with other financing solutions such as term loans and credit cards.
Shortening Lead Times
Wholesale and private label sellers who order large amounts of inventory from China use daily cash flow to shorten lead times and cut deals with suppliers. When you only have one or two products, getting paid every two weeks or so might work. But, once you start adding more and more products, you find yourself having to pay different people at different times.
With daily payments sellers always have the cash they need to purchase inventory when they need it. If they need to wait another week or two to get paid and purchase inventory, they could lose their spot in the line and have to wait even longer to get new inventory which could result in a stockout or missing out on a seasonal opportunity such as Q4 altogether.
Having cash gives sellers bargaining power. By volunteering to pay suppliers right away, sellers are able to cut deals with their suppliers for free shipping, 10% off, etc.
Payability Position In Our Categories
Knowing that companies have particular business demands, it is sensible they abstain from subscribing to a one-size-fits-all, ideal software. Regardless, it would be futile to try to discover such application even among well-known software products. The rational step to undertake should be to set down the varied essential aspects that need inspection including major features, price terms, technical skill competence of staff, business size, etc. Next, you should conduct your product research comprehensively. Go over some Payability evaluations and check out each of the solutions in your list more closely. Such detailed product investigation guarantee you stay away from mismatched applications and subscribe to the system that delivers all the tools your business requires.
Position of Payability in our main categories:
TOP
100
Payability is one of the top 100 eCommerce Platforms products
If you are interested in Payability it could also be beneficial to check out other subcategories of eCommerce Platforms gathered in our base of B2B software reviews.
It is important to note that hardly any software in the eCommerce Platforms category is an ideal solution that can fulfill all the goals of different business types, sizes and industries. It may be a good idea to read a few Payability eCommerce Platforms reviews first as specific services can dominate exclusively in a very narrow set of applications or be prepared with a very specific type of industry in mind. Others might work with a goal of being simple and intuitive and therefore lack complex elements needed by more experienced users. There are also services that support a large group of customers and provide a rich feature toolbox, however that usually comes at a higher price of such a software. Ensure you're aware of your needs so that you pick a software that has specifically the features you look for.
How Much Does Payability Cost?
Payability Pricing Plans:
Free Trial
Payability
Flat fee of 2% from your Amazon sales
What are Payability pricing details?
Payability Pricing Plans:
Free Trial
Payability
Flat fee of 2% from your Amazon sales
Payability does not offer any pricing plans. Instead, they charge a flat fee of 2% from your Amazon sales. It is not assessed as an interest rate and there are no origination fees or application fees. They will simply advance 80% of your Amazon payout every day, with their fee already deducted, and the remaining 20% will be given on the typical Amazon payout schedule.
However, they require that you sell at least $2000 monthly and have over 90 days of selling history on Amazon before you apply.
For large enterprises earning over $100,000 a month, Payability offers special rates that are available by-quote.
User Satisfaction
Positive Social Media Mentions
36
Negative Social Media Mentions
1
We are aware that when you choose to get a eCommerce Platforms it’s vital not only to find out how professionals evaluate it in their reviews, but also to discover if the actual people and businesses that use it are genuinely content with the product. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Payability reviews across a vast range of social media sites. The data is then presented in a simple to digest way revealing how many customers had positive and negative experience with Payability. With that information at your disposal you will be equipped to make an informed purchasing choice that you won’t regret.
Video
Technical details
Devices Supported
- Windows
- Mac
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Payability?
- Amazon.com
- Tophatter
- Shopify
- Walmart
Payability
is waiting for
your first review.
Write your own review of this product
ADD A REVIEWMore reviews from 0 actual users:
Join a community of 7,369 SaaS experts
Thank you for the time you take to leave a quick review of this software. Our community and review base is constantly developing because of experts like you, who are willing to share their experience and knowledge with others to help them make more informed buying decisions.
Sign in with LinkedIn
Why we require LinkedIn?
- Show the community that you're an actual user.
- We will only show your name and profile image in your review.
- You can still post your review anonymously.
OR
Sign in with company emailSign in with company email
Popular Payability Alternatives
Top Competitors To Payability By Price
Product name:
Price:
By quote
By quote
Trending eCommerce Platforms Reviews
Payability Comparisons
Product name:
Page last modified
Did you find this review useful?
Yes
No
Thank you for your feedback
How can we make this page better?
Unsure about this software?
FIND ALTERNATIVES
Why is FinancesOnline free?