iPay appears to have changed its name to Planet Payment (planetpayment.com). We will therefore no longer be updating this review and plan to publish a review for Planet Payment soon.
iPay (ipay.com), like Authorize.net, is not a merchant account provider or credit card processor, but a payment gateway provider. iPay is a product of Planet Payment, a data and payment processing company, and it appears that Planet Payment recently changed its brand name to refer to iPay as “Planet Payment Gateway”.
Planet Payment has a partnership with Global Payments, a credit card processor, so the iPay gateway often comes with a Global Payments merchant account for new merchants who don’t currently accept credit cards. However, the iPay gateway can be purchased and used with almost any third-party merchant account if the merchant prefers. Planet Payment was founded in 1999 and is headquartered at 670 Long Beach Boulevard, Long Beach, New York 11561. Planet Payment’s Chairman, CEO, and President are Carl J. Williams.
Key Points
- Sales and Marketing: iPay does not appear to hire independent sales representatives and has received no complaints about its sales practices.
- Fees and Contract: The price of iPay depends on the merchant account provider.
- Complaints and Service: iPay has received fewer than 10 public complaints.
- BBB Rating: iPay is rated “A+” by the Better Business Bureau; and has not received any complaints in the last three years.
- Tariffs & Fees: How merchants got the best tariffs with iPay
Should you trust iPay? Complaints overview
- Total online complaints <10
- Live Customer Support Yes
- Most Common Complaint N/A
We are currently unable to find any negative iPay reviews which is a solid indication that the product is not a scam or scam. The company is unlikely to collect many complaints related to payment processing as it does not offer merchant accounts. However, iPay deserves credit for not receiving any complaints about its operation or usefulness. Merchants are best served by doing their research and choosing a reputable merchant account provider to avoid negative experiences with iPay. The company offers phone and email support to its sellers.
Is the BBB rating correct for iPay? BBB summary
- Product and service complaints 0
- Invoicing & debt collection complaints 0
- Advertising and sales complaints 0
- Warranty & warranty claims 0
- Delivery complaints 0
The Better Business Bureau does not currently have an iPay profile but does have a Planet Payment profile. Planet Payment is currently rated “A+” with BBB and does not show accreditation. The company has not received any complaints or informal reviews in the past three years. Given this clean complaint record, we currently agree with the BBB rating for iPay.
How expensive is iPay? Prices, Fees, and Terms of Contract
This processor offers the lowest rates and the best service we have ever seen
Cost overview
- Swipe Rate: Variable
- Entered interest rate: Variable
- Early Termination Fee: Variable
- PCI compliance costs: variable
- Equipment rental terms: Variable
There is very little publicly available information about iPay gateway prices and fees. The company does not list its monthly or one-time fees on its website, and the fee per transaction depends entirely on the merchant account terms and conditions applicable to each merchant. There are currently no iPay complaints regarding excessive fees or hidden charges; So we assume most of the company’s customers are happy with the product.
Reviewing a demo of iPay’s virtual terminal; we found the design to be quite dated and unintuitive. However, it is robust with many customizable features and settings. Unlike the virtual terminals of many of iPay’s competitors; iPay’s virtual terminal cannot be connected to a USB credit card slider and is limited to typed transactions only. iPay’s competitive advantage is that it supports multi-currency transactions from dozens of different currencies. In general, it is best suited for larger companies with an international presence.
Does iPay Use Deceptive Marketing? Advertising and sales strategy
These are the processors you can trust
Main Points
- Employ Independent Resellers: No
- Advertises with misleading prices: No
- Disclosure of all important terms: No
iPay markets itself primarily through traditional advertising and partnerships with merchant account providers. There is no evidence that the company employs independent sales representatives to market its product, and we cannot find any complaints accusing iPay’s sales force of secrecy or misrepresentation. iPay does not provide tariff offers in its official materials as it does not set tariffs for the merchant accounts used in connection with its gateway. In our opinion, there is very little risk of cheating when signing up for an iPay gateway.
iPay casino sites
Betvisa
Betvisa Bangladesh serves as a betting exchange and lives casino site as Bangladesh has few cricket betting exchanges. Among the various operators, Betvisa Bangladesh betting can stand out. Our Betvisa Bangladesh trade analysis will help you learn more about this operator.
Betvisa is safe and powered by V.B. Digital N.V. Firm located at Abraham de Veerstraat 9, Curaçao, in relation to security. It also accompanies security features such as Secure Sockets Layer or SSL that encrypts your data and keeps your information inside the website.
Betvisa has developed its website for clients from India and Bangladesh. As a result, they accept a range of payment options including both Indian and Bangladeshi payment providers. Betvisa accepts deposits and withdrawals via iPay, UPI, Nagad, Rupee-O, PayTM, Bkash, Rocket, and Phone Pe, and even direct bank deposits.
MarvelBet
Marvel Bet is an online casino and sportsbook in Bangladesh that has everything you would expect from a brand that claims to be the best at what they do. With a combination of great betting options on local and international sports, a great online casino with exciting slots, and a live casino with all the casino classics, you have a gambling site for every type of player.
MarvelBet is by far one of the most popular sportsbooks in Bangladesh, especially for those who prefer to bet on cricket. There is also a great online casino and if you want to bet or play at the casino there are several reliable Marvel online casino payment methods to choose from.
MarvelBet Bangladesh payments are Bkash, Nagad, Rocket and bank transfers.
BetXchange
BetXchange was originally founded in early 1988. However, the founder managed to grow it into a great gambling company. It is one of the best online sports betting book for different sports today. Think horse racing, football, cricket, tennis, and more.
Multiple banking options like IPAY, Upay, credit card and others allow you to withdraw and deposit funds easily. This would make it easier for most people to consider different methods of accessing their funds when it comes time to withdraw funds. Be sure to read the withdrawal policy to understand how it all works.
Conclusion – Did iPay Deserve Your Business?
iPay is classified as a reliable payment gateway according to all available information. The product appears to be more of an enterprise payment solution than a small business payment solution, which may be reflected in the pricing.
