Paysafe

Paysafe

Web and mobile based payment solution

2.8/5 (8 reviews)

Paysafe Overview

Paysafe is a web and mobile-based payment solution for merchants and is used by over 500,000 sales outlets in 41 countries. The software provides merchants a platform for accepting and processing payments globally and is PCI DDS compliant. Paysafe allows merchants to accept sales orders via phone or by mail and to route the payments through the website or mobile apps.

Paysafe is capable of processing credit/debit cards, online direct debit, ACH and other alternative and local payment types. The software also generates automated reports on payments received in multiple currencies, currency conversion rates, products dispatched and cash flow statements. The solution helps in deciding currency options and payment modes depending upon the client’s region. Paysafe is capable of supporting multiple pricing options and payment schedules as well as sending customized emails to the clients.

The software has a customizable risk rules engine, CVV matching, tokenization and BIN number validation features to ensure secure payment environments. Paysafe risk solutions help merchants with chargebacks and automates the chargeback dispute process. Paysafe also offers card solutions that enable businesses to set up prepaid card programmes. The vendor is authorized by FCA to issue e-money and is used by consumers and businesses in over 200 countries to manage billions of dollars every year.

Paysafe lists Reebok, IOU Financial, Caesars Entertainment, Frank+ Oak and Nerium among its key customers.

Pricing

Starting from
N/A
Pricing options
Free Trial
Subscription
Value for money

Devices

Business size

S
M
L

Markets

Asia, Australia, Brazil, Canada, China and 5 others, Europe, Germany, Latin America, Mexico, Middle-East and Africa

Supported Languages

English

Paysafe Reviews

Overall rating
2.8/5
50% positive reviews
2
Excellent
2
Very good
0
Average
0
Poor
4
Terrible
Alexandra C.

Great payment processor

Used Daily for 2+ years
Reviewed on 2018/03/21
Review Source: Capterra

Pros

Very good user interface that allows to get any data you may potentially need, includes reports, great chargebacks management feature, etc. Tickets submission is easy and customer service responds to tickets promptly.

Cons

No cons. So far this software did not give us any troubles, which is exactly what we were looking for.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Tailone taylor C.

Paysafe review

Used Monthly for 2+ years
Reviewed on 2019/01/15
Review Source: Capterra

I use Paysafe wallets to access funds from my forex trading brokers. I also use it to accept payment from some international clients.

Pros

Account opening is easy and its easy to make payments online. Funds are transfered instantly. The phone apps also makes it convinient to use Paysafe wallets.

Cons

Paysafe wallets (Netteler and Skrill) are not accepted by big retailers like Amazon and Ali Baba. Also, Skrill charges are too high. Verification of Skrill and Neteller can also be a challenge and the accounts can be disabled any time.

The Skrill and Neteller MasterCards are not available to account holders in other countries.

Rating breakdown

Ease of Use

Likelihood to recommend

10.0/10
Verified Reviewer

Paysafe Scam

Used Other for 1-5 months
Reviewed on 2018/09/11
Review Source: GetApp

Pros

These cards are bought anonymously at corner stores, petrol stations and supermarkets. They are most commonly used at places PayPal refuse to engage i.e. casinos and sex websites.

Cons

Paypal collect data on their customers and identify regular users who are likely to be vulnerable due to their addiction. Then they wait until they have around $40 left on their card and block the card using the excuse "for security reasons". They demand a picture of the customers ID with the Paysafe card. This is enough to put off anyone who wishes to remain anonymous. Then the picture won't fit the company's criteria so more pictures are required - none of these meet the criteria either. They use stock emails so there is never any actual customer service. Then they stop replying. They know the personality time of these users means the customer is likely to just give up. Their addiction means they buy another paysafe card. They won't be targeted again for a while. When they are the customer just accepts it.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

0.0/10
Carlos R.

Owner at Kg marine

Used Daily for 1-5 months
Reviewed on 2018/08/07
Review Source: Capterra

No benefits at all ....this company it’s the most unprofessional company to work with I don’t recommend for anyone to use them they over promise and so under delivered over charge my Customers and us

Pros

Didn’t like all the lies and misrepresentation they perform in my business

Cons

I don’t like anything about this company

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

0.0/10
Oriana G.

Horrible! Do not Sign Up with them!

Used Weekly for 1-5 months
Reviewed on 2018/08/07
Review Source: Capterra

I have yet to have a worse experience to this day! This company sells you on supposedly saving money but in reality, it does not do such a thing. They charge a customer a fee and another extra merchant fee. These people are crooks!
Oh, and don't try to cancel because they sell you on a month-to-month, only to charge you a cancellation fee as well as your monthly fee for EVERY SINGLE MONTH left on your contract. A contract that of course, they summarize for you so as to not actually let you read what is in it.

Pros

Nothing! Software is expensive, slow, and outdated.

Cons

Nothing is easy, convenient or good about this software. Wifi connection is terrible and I could nevertake payments when I needed to.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

0.0/10

Paysafe Pricing

Starting from
N/A
Pricing options
Free Trial
Subscription
Value for money

Contact Paysafe for pricing information.

Paysafe Features

  • API
  • Electronic Payments

  • Access Control
  • Activity Dashboard
  • Automatic Notifications
  • Content Management
  • Custom Forms
  • Customizable Branding
  • Customizable Templates
  • Data Import/Export
  • Drag & Drop Interface
  • Product Catalog
  • Reporting & Statistics
  • Search Functionality
  • Social Media Integration
  • Template Management
  • Third Party Integration
  • Website Management
  • eCommerce Integration
  • eCommerce Management

Additional information for Paysafe

Key features of Paysafe

  • API
  • Automated billing
  • Credit card processing
  • Fraud detection
  • Gift card system
  • Mobile Integration
  • Multiple currencies
  • PCI DSS compliant
  • Payment processor
  • Process orders
  • Receipt management
  • Reports scheduled
  • Revenue management
  • Risk management
  • Sales orders
  • Transaction monitoring
  • Website integration

Benefits

• Paysafe processes payments in multiple currencies through a single platform, thus enabling merchants to offer a variety of payment options to their customers.
• The software provides a web-based virtual terminal for monitoring all transactions in real time and helps to manage risk and prevent fraud.
• The application provides users an option of recurring billing, client profile management and micro payments to improve customer experience on the platform.
• Paysafe payment solutions replace credit card numbers with tokens to reduce the risk of card data breach in transactions involving PAN.
• Paysafe provides merchant organizations with regular reports, insights and success stories to keep them updated about the latest things in payment business technology.

Paysafe FAQs

Below are some frequently asked questions for Paysafe.

Q. What type of pricing plans does Paysafe offer?

Paysafe offers the following pricing plans:

Pricing model: Subscription

Free Trial: Not Available

Contact Paysafe for pricing information.

Q. What are the main features of Paysafe?

Paysafe offers the following features:

  • API
  • Automated billing
  • Credit card processing
  • Fraud detection
  • Gift card system
  • Mobile Integration
  • Multiple currencies
  • PCI DSS compliant
  • Payment processor
  • Process orders
  • Receipt management
  • Reports scheduled
  • Revenue management
  • Risk management
  • Sales orders
  • Transaction monitoring
  • Website integration

Q. Who are the typical users of Paysafe?

Paysafe has the following typical customers:

Large Enterprises, Mid Size Business, Small Business

Q. What languages does Paysafe support?

Paysafe supports the following languages:

English

Q. What type of pricing plans does Paysafe offer?

Paysafe has the following pricing plans:

Subscription

Q. Does Paysafe support mobile devices?

Paysafe supports the following devices:

Android, iPhone

Q. What other apps does Paysafe integrate with?

Paysafe integrates with the following applications:

ALIS, Advantage CSP, Aventri, Clinic Software, Grenadine Events, GymMaster, IRIS CRM, PerfectMind, Pike13, Virtuagym

Q. What level of support does Paysafe offer?

Paysafe offers the following support options:

Online Support, Phone Support