Payza vs. SolidTrust Pay
Choosing a payment processor is a decision that should be made carefully, as it can impact your business in numerous ways. With so many options in the market, it can be challenging to compare them all. In this blog post, we're going to compare two popular payment processors: Payza and SolidTrust Pay.
Features
Both Payza and SolidTrust Pay provide similar features for businesses, such as a virtual terminal, recurring billing, and an easy checkout process. However, Payza takes the lead when it comes to the number of payment methods they accept. With Payza, you can process payments using credit cards, bank transfers, Bitcoin, and over 20 other local payment methods. Meanwhile, SolidTrust Pay supports fewer payment methods, including credit cards, bank transfers, and Bitcoin.
When it comes to fraud protection, both companies offer robust protection features. Payza uses advanced encryption technology, fraud screening tools, and chargeback protection to keep your business and your customers' data secure. On the other hand, SolidTrust Pay provides 2-Factor Authentication, Verified Merchant Seal, and Compliance Protocols, among others.
Fees
Pricing is a critical factor for any payment processor, and both Payza and SolidTrust Pay have competitive fees. Payza charges a 2.90% + $0.30 fee for each transaction, regardless of the payment method used. In contrast, SolidTrust Pay charges 1.5% plus $0.25 per transaction for credit card payments, while bank transfers and Bitcoin are free.
Customer Service
Customer service is essential, especially for businesses just starting. When it comes to customer support, both Payza and SolidTrust Pay have extensive FAQ sections, live chat, and email support. However, Payza takes the lead with its phone support, which is available for 18 hours per day from Monday to Friday. Meanwhile, SolidTrust Pay only provides phone support for high-level users.
Finally, it's worth noting that both Payza and SolidTrust Pay have had their fair share of negative reviews from disgruntled users. It's crucial to take user feedback with a grain of salt and consider your business's unique needs and preferences in your decision-making process.
Conclusion
In summary, both Payza and SolidTrust Pay are solid payment processors that offer similar features and pricing. However, Payza takes the lead when it comes to the number of payment methods they accept and their phone support. Meanwhile, SolidTrust Pay is an excellent option for businesses that deal with Bitcoin or bank transfers frequently.
At the end of the day, choosing between Payza and SolidTrust Pay comes down to your business's unique needs and priorities. We hope this comparison provides you with a better understanding of the features, fees, and customer service offered by both companies.
References
- Payza. (2021, October 18). Payment Processing & Global Payment Solutions. https://www.payza.com/solutions/ecommerce-payment-processing
- SolidTrust Pay. (2021, October 18). Low Cost Payment Processor | SolidTrust Pay. https://www.solidtrustpay.com/business_features.php