Paysafe Review
What is Paysafe?
Paysafe is a payment solution provider company that develops an extensive suite of payment solutions including software, credit and debit cards, online debit and credit, merchant accounts, and payment gateways. The solutions developed by Paysafe are getting popular among worldwide merchants; so far, more the half a million sale points in over 40 countries use a payment system developed by Paysafe.
The payment solutions developed by Paysafe are fully compliant with both local and international payment safety regulations. Along with providing a faster alternative for payments, the Paysafe software also generates electronic financial reports that include currency conversation reports and cash flow statements.
Show MoreOverview of Paysafe Benefits
Using Paysafe payment solutions, individuals, as well as business, can send or receive money in multiple currencies. It provides a single platform for the users to manage all the payment procedures through a single channel.
The Paysafe payment solutions are one of the safest are the safest online payment systems; complying with all the local and international payment safety and privacy protocols. Your client’s credit card data are tightly protected with Paysafe’s encryption and tokenization solution. For compliance, the software has a Risk Solution program that’s up-to-date and PCI-compliant.
The solutions provide a web-based user interface where the users can track and monitor all the transactions in real time. The user interface makes it easy for the users to track their payments and report any
The web-based solutions that are also mobile friendly, allow the merchants to process their payments on the go. The users can select the currency types and payment modes according to the location of the receivers/senders. Paysafe also helps the merchants in multiple pricing, schedule management, and sending customized emails to their clients. When collecting payments, you can set up scheduled payment collections and customize the messages sent to your clients for personalization.
Paysafe provides reports, business insights, and business tips for its users on a regular basis. This not only helps the company in maintaining better client relations but also helps the users in acquiring updated information on the latest industry trends.
Show MoreOverview of Paysafe Features
- Payment processing
- Online payment
- Receipt generation and management
- Revenue management
- Billing automation
- Multiple currency support
- Currency conversion
- Mobile optimized solutions
- Secure payments
- Fraud detections
- Payment risks management
- Integration with Business site
- API
- Report generation
- Customized emails
Paysafe Position In Our Categories
Because companies have particular business wants, it is only reasonable they avoid preferring an all-in-one, ideal software product. Nevertheless, it would be futile to try to discover such an app even among sought-after software products. The best thing to undertake can be to narrow down the several significant factors which need research such as critical features, price terms, technical skill capability of staff, organizational size, etc. After which, you must double down on the product research exhaustively. Go over these Paysafe evaluations and scrutinize the other software systems in your list in detail. Such all-encompassing research makes sure you stay away from mismatched applications and subscribe to the one that includes all the features your company requires.
Position of Paysafe in our main categories:
TOP
50
Paysafe is one of the top 50 Payment Gateway Providers products
If you are interested in Paysafe it could also be a good idea to check out other subcategories of Payment Gateway Providers gathered in our base of SaaS software reviews.
Since each enterprise has particular business wants, it is sensible for them to abstain from searching for a one-size-fits-all perfect software solution. Needless to say, it would be useless to try to find such an app even among popular software solutions. The intelligent thing to do would be to jot down the various vital factors that need consideration such as main features, budget, skill levels of workers, company size etc. Then, you should do your homework thoroughly. Read some Paysafe Payment Gateway Providers reviews and check out each of the other solutions in your shortlist in detail. Such exhaustive research can make sure you discard ill-fitting applications and choose the app that presents all the features you require for business success.
How Much Does Paysafe Cost?
Paysafe Pricing Plans:
Free Trial
Scale-based model
Starts from 15% for transaction
High Ticket Volume model
3.9 % fee per volume + 1.5 € per transaction
What are Paysafe pricing details?
Paysafe Pricing Plans:
Free Trial
Scale-based model
Starts from 15% for transaction
High Ticket Volume model
3.9 % fee per volume + 1.5 € per transaction
Two standard pricing models are offered:
Scale-based model
- Starts from 15% for low transaction volume down to 9.5 % for merchants with more than 350.000 € transaction volume
- Different pricing may apply for selected industries and Payment Service Providers (PSPs)
High Ticket Volume model
- Composed of a 3.9 % percentage fee per volume plus a fixed fee of 1.5 € per transaction
- Favorable for merchants with average transaction volume of more than 50 €
- Applicable for selected industries only
User Satisfaction
Positive Social Media Mentions
33
Negative Social Media Mentions
3
We realize that when you decide to buy a Payment Gateway Providers it’s vital not only to find out how experts rank it in their reviews, but also to discover whether the actual users and businesses that purchased it are actually satisfied with the service. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Paysafe reviews across a broad range of social media sites. The information is then presented in an easy to digest form indicating how many people had positive and negative experience with Paysafe. With that information available you should be equipped to make an informed business choice that you won’t regret.
Video
Technical details
Devices Supported
- Windows
- Linux
- Android
- iPhone/iPad
- Mac
- Web-based
- Windows Mobile
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- One-time payment
- 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 Paysafe?
Paysafe integrates with the following business systems and applications:
- Demandware
- Magento
Paysafe User Reviews
Paysafe average rating:
3/5
Overall impression
3/5
Customer Support
3/5
Value for Money
2/5
Ease of Use
Write your own review of this product
ADD A REVIEWThe most favorable review
PROS: Paysafe is excellent for me because we're able to make payments to any kind of entity we do business with, so it makes everything convenient for us.
CONS: None. No issues were encountered.
The least favorable review
PROS: There are no pros for this product. They charged for services not rendered. I had opened this account for a new business I had just recently started boarding and grooming pets. I was informed by salesperson that there were no monthly fees. They said they would be compensated out of individual transactions. I was slow to set up the credit system as just starting a new business and just moving I was overwhelmed but I didn't worry because I thought there was no charge to me regardless as was promised by salesperson. It is now a year later and I am sitting down to set up the credit card system. It turns out they were charging me over $22 per month for the past year pulling it directly out of my business bank account. When I phoned customer service they apologized but did nothing to refund the almost $300 they had taken from me.
CONS: To only charge for actual services rendered.
More reviews from 5 actual users:
Sort by:
Latest
- Latest
- Most useful
- Most positive
- Most negative
Excellent platform
Read full review >
5/5
Overall impression
4/5
Customer Support
4/5
Value for Money
4/5
Ease of Use
Published on: 20.09.2021
Company Size: More than 100 Employees
Industry: Alternative Medicine
PROS: I like that it's easy to access as an e-wallet, and all I need is my credit card. they give me the balance, and also I'm able to easily chance my coins to Skrill and Neteller. This means I'm able to pay for any company without too much trouble.
CONS: It's an excellent platform, so I don't have any problems with it.
Stay away from Paysafe
Read full review >
1/5
Overall impression
1/5
Customer Support
1/5
Value for Money
2/5
Ease of Use
Published on: 24.03.2021
Company Size: N/A
Industry: N/A
PROS: It was not too difficult to make credit card charges.
CONS: Paysafe kept increasing their monthly charges until last month they charged about $120. for a month with only about $600 in processed income on the account. I had been phasing out of charges with them but the last month was too much. Then to add insult to injury they charged me $495. to close the account.
Hassle-free app
Read full review >
5/5
Overall impression
5/5
Customer Support
4/5
Value for Money
5/5
Ease of Use
Published on: 21.03.2021
Company Size: More than 100 Employees
Industry: N/A
PROS: Paysafe is excellent for me because we're able to make payments to any kind of entity we do business with, so it makes everything convenient for us.
CONS: None. No issues were encountered.
Never use Paysafe
Read full review >
1/5
Overall impression
1/5
Customer Support
1/5
Value for Money
1/5
Ease of Use
Published on: 05.03.2019
Company Size: 1-10 Employees
Industry: Retail
PROS: Never use this product, the company is cheat and they would charge you whatever they feel like.
CONS: Everything with the company is bad and awful.
Stay away, sales people lie about charges
Read full review >
1/5
Overall impression
1/5
Customer Support
1/5
Value for Money
1/5
Ease of Use
Published on: 29.11.2017
Company Size: 1-10 Employees
Industry: Veterinary
PROS: There are no pros for this product. They charged for services not rendered. I had opened this account for a new business I had just recently started boarding and grooming pets. I was informed by salesperson that there were no monthly fees. They said they would be compensated out of individual transactions. I was slow to set up the credit system as just starting a new business and just moving I was overwhelmed but I didn't worry because I thought there was no charge to me regardless as was promised by salesperson. It is now a year later and I am sitting down to set up the credit card system. It turns out they were charging me over $22 per month for the past year pulling it directly out of my business bank account. When I phoned customer service they apologized but did nothing to refund the almost $300 they had taken from me.
CONS: To only charge for actual services rendered.
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 Paysafe Alternatives
Top Competitors To Paysafe By Price
Product name:
Price:
1.8% + $0.23
Trending Payment Gateway Providers Reviews
Paysafe Comparisons
Product name:
Paysafe user reviews
Excellent platform
Read full review >
5/5
Overall impression
4/5
Customer Support
4/5
Value for Money
4/5
Ease of Use
Published on: 20.09.2021
Company Size: More than 100 Employees
Industry: Alternative Medicine
Stay away from Paysafe
Read full review >
1/5
Overall impression
1/5
Customer Support
1/5
Value for Money
2/5
Ease of Use
Published on: 24.03.2021
Company Size: N/A
Industry: N/A
Hassle-free app
Read full review >
5/5
Overall impression
5/5
Customer Support
4/5
Value for Money
5/5
Ease of Use
Published on: 21.03.2021
Company Size: More than 100 Employees
Industry: N/A
Never use Paysafe
Read full review >
1/5
Overall impression
1/5
Customer Support
1/5
Value for Money
1/5
Ease of Use
Published on: 05.03.2019
Company Size: 1-10 Employees
Industry: Retail
Stay away, sales people lie about charges
Read full review >
1/5
Overall impression
1/5
Customer Support
1/5
Value for Money
1/5
Ease of Use
Published on: 29.11.2017
Company Size: 1-10 Employees
Industry: Veterinary
Page last modified
Why is FinancesOnline free?