• Thu. Feb 13th, 2025

Payabl Review – A Detailed Insight into Its Payment Gateway Services

John Wise

ByJohn Wise

Feb 2, 2025
Payabl
Conclusion
Read our in-depth Payabl payment gateway services review to explore its payment solutions, fees, security features, and Payabl business account. It is important to know about key characteristics of a payment gateway service before opening an account with them.
Overall Ranking
4.6

Payabl Review

Payabl logo

Thousands of payment service providers have entered the market in recent years. However, not all have been able to deliver the expected services, leading to customer disappointment. Payabl payment gateway services is one of the few providers that has continued meeting client expectations by providing top payment services like their Payabl business account.

Are you a business owner and looking to start accepting international payments? If so, read our Payabl review to understand why we recommend this payment service.

Payabl payment gateway services

A User-Friendly Payment Gateway Services

As a payment service that seeks to serve every business, Payabl has a user-friendly platform, allowing customers to access various products without hassle. Additionally, the registration process can be completed within minutes, and new clients do not need to provide their credit history to get started. That’s a massive plus, especially for businesses with low transaction volumes.

While some features are accessible at an extra cost, Payabl’s charges are considerably cheaper than most of its competitors. For this reason, we have concluded that Payabl business account is an ideal option for small or brand-new businesses looking to receive payments through various methods while keeping related costs low.

A Wide Range of E-Commerce Solutions

Payabl gives businesses everything they need to process payments online. For instance, clients who want their customers to automate payments for particular services can use the ‘recurring subscriptions and billing’ service. Furthermore, the payment service provider has invoicing capabilities, enabling businesses to request payments from customers.

To help clients increase their online sales, Payabl comes with a unique feature that lets your customers pay for offered products in installments. Once full payment has been made, money will be delivered to your account, and Payabl will send a receipt to the customer on your behalf.

That said, Payabl is a decent choice for businesses that primarily sell online as it offers unique features that simplify how customers access and pay for products/services.

Use Payabl POS for Free

Online and Brick-and-mortar businesses can use Payabl’s point-of-sale (POS) system to manage their products, send invoices, and more. Also, this POS has seamless API integration, allowing clients to use it with other third-party systems.

For optimal experience, Payabl’s POS customers need to use mobile phones with Android 9 processors, which enhance the speed for processing payments.

So, do you pay for Payabl’s POS? No! There is no fee charged to access the system. However, clients pay a particular percentage of the transaction amount when a sale is complete.

Payabl business account

Fast Payouts and Multiple Supported Payment Methods

Like any other payment service, Payabl has its own shortcomings, but fast payouts aren’t one of them. The platform deposits funds to your business account immediately after completing a sale transaction. However, if you wish to transfer the money to a bank account, the processing time is usually 1-3 days.

Besides fast payouts, Payabl supports multiple payment methods, making it convinient for customers to pay for products and services offered by the thousands of fintech businesses that use the platform. The payment service provider accepts Trustly, SOFORT, Safety Pay, Paysafe Card, Giropay, Bancontact, Apple Pay, and Google Pay. Moreover, Payabl processes payments in over 10 fiat currencies.

Payment Gateway Services With Leading E-Commerce Platforms

Do you own an online store on marketplaces like eBay, Depop, or Etsy? If so, you can integrate Payabl with these platforms to receive international payments. Notably, if you integrate your Payabl business account with two or more marketplaces, your sales, payments, and inventory will be synchronized automatically.

Advanced Security Features for Clients’ Safety

Payabl prioritizes client safety. That explains why it has incorporated a system for monitoring the platform 24/7 to identify any suspicious activity and raise the alarm. Moreover, the payment service employs advanced data encryption techniques to block unauthorized entities from accessing clients’ interactions with the platform.

Payabl business account also meets the Payment Card Industry (PCI) data security standard, ensuring credit card information shared on the platform does not land in the wrong hands. It conducts external PCI security audits yearly to identify and solve vulnerabilities.

Another notable security feature of Payabl is ‘pre-authorization,’ in which, when activated, client funds are held for a certain number of days to reduce risks of chargebacks.

Payabl Security Features

Effective Customer Support

If you are having trouble with your Payabl business account, do not hesitate to reach out to the payment service’s customer support team, which is accessible in two ways. You can contact the team via email or use the live chat feature for quick responses. If you choose to send an email, you will likely get a detailed response within an hour.

It’s noteworthy that Payabl has a chatbot to answer common questions. So, if you are facing a basic issue, consider interacting with this tool to get it sorted within minutes.

Conclusion

Payabl has proven to be a fantastic option for businesses looking for effective and user-friendly payment gateway services. Its reasonable fees ensure clients retain most of the funds generated from their sales.

Lastly, the Payabl customer support team is committed to ensuring clients’ issues are resolved promptly to enhance user experience.

Editorial credit: freepik.com

John Wise

John Wise

John Wise is a seasoned fintech analyst and writer with over a decade of experience in the field. With a Master’s degree in Computer Science from MIT, he specializes in simplifying complex financial technologies for a broad audience. At FinTech Service Reviews, John provides insightful and thorough reviews, helping readers navigate the evolving landscape of financial technology with ease.

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