Introduction
Payment processing technology has come a long way since the days of snail-mailed checks and cash payments. Choosing the right payment processor for your business can be tricky, but it's crucial to find one that meets your needs and budget. Today, we'll be comparing two top contenders in the payment processing industry: BlueSnap vs. PayPal Pro.
Features
Both BlueSnap and PayPal Pro provide a wide range of features that make online payments a breeze. However, there are some key differences between the two.
BlueSnap
BlueSnap offers a variety of features such as fraud prevention, chargeback management, and real-time reporting. Additionally, it supports multiple payment methods including credit cards, debit cards, and digital wallets like Apple Pay and Google Pay. One of the standout features of BlueSnap is the ability to accept payments in over 100 currencies, making it a great option for businesses that operate internationally.
PayPal Pro
Like BlueSnap, PayPal Pro also offers fraud prevention, chargeback management, and reporting capabilities. However, PayPal Pro's recurring billing feature is a standout, allowing businesses to easily handle subscription payments. Additionally, PayPal Pro offers a virtual terminal feature, which enables businesses to accept payments over the phone and through mail order.
Fees
When choosing a payment processor, fees are an important consideration. Here's how BlueSnap and PayPal Pro compare in terms of fees.
BlueSnap
BlueSnap offers a tiered pricing model, which means that fees vary based on transaction volume. For businesses processing below $2,500 a month, the fee is 2.9% + $0.30 per transaction. For higher transaction volumes, the fees decrease to 1.9% + $0.30 per transaction.
PayPal Pro
PayPal Pro charges a flat rate of 2.9% + $0.30 per transaction, regardless of transaction volume. However, PayPal Pro also charges additional fees for chargebacks and refunds.
Customer Support
Good customer support is essential in any industry, and payment processing is no exception. Here's how BlueSnap and PayPal Pro compare in terms of customer support.
BlueSnap
BlueSnap offers 24/7 customer support via phone, email, and chat. Additionally, it provides a knowledge base and video tutorials to help businesses get the most out of their service.
PayPal Pro
PayPal Pro also offers 24/7 customer support via phone, email, and chat. However, it doesn't have a dedicated knowledge base or video tutorials.
Conclusion
Ultimately, the choice between BlueSnap and PayPal Pro depends on the specific needs of your business. BlueSnap is a great option for businesses that operate internationally and process high transaction volumes. Meanwhile, PayPal Pro is ideal for businesses that require recurring billing and virtual terminal capabilities. In terms of fees, both processors are relatively similar, with slight differences in chargeback and refund fees. Lastly, both offer good customer support, with BlueSnap having an edge in terms of educational resources.
References
- "BlueSnap Pricing" BlueSnap. Retrieved March 10, 2022.
- "PayPal Pro Pricing" PayPal. Retrieved March 10, 2022.
- "Recurring Payments" PayPal. Retrieved March 10, 2022.
- "Virtual Terminal" PayPal. Retrieved March 10, 2022.