/Platforms/Payabl

Payabl Review

Payment gateway provider best for:

  • Merchants looking to expand their payment network

  • Companies looking to make and receive multiple payments

  • Companies looking to scale their payments

  • Companies looking to integrate payments into their existing systems

Keith Hodges
Author 
Keith Hodges
1 minutes
September 30th, 2024
Expert Rating
7.8/10
Payabl delivers a comprehensive payment processing solution, designed for merchants and custom integrations.

Their services are designed to support a wide range of payment methods and provide businesses with flexible payment options.

The solution offers recurring links and individual payment links and says no coding is required. Beyond this, multi-currency accounts are also supported for incoming and outgoing payments.

Overview

Basics

Transaction fee (International)

Refund Fees

Settlement timeframe

International markets

Fees are based on individual needs

Varies by transfer

Within few hours

EUR and other currencies

Pros
  • Multi-currency IBANs including EUR
  • Custom hosted pages let you design and create unique checkout pages
  • Access to SEPA, SWIFT and SEPA instant transfers
Cons
  • Lack of fee transparency means there's likely to be higher upfront costs and hefty currency conversion fee
Other features

Features

Insight

Prepaid vouchers

Payabl offers support for pre-paid cards and pre-paid cards for anonymous transfers

E-commerce integrations

Integrations with Wix, Magento, WooCommerce, and more

Custom checkout pages

You can customize your own payment page for secure checkouts as well as use one-time payment links

Real-time analytics

Real-time tracking and analytics let you track trends, transactions, rejections, and more.

API integrations

Custom SDK and API are available to use with custom systems

Payabl fees and general costs

The cost of using Payabl will depend on the company using it, what they are using it for, and the volume of cross-border payments passing through it.

Service

Fee

Domestic fees

Varies by transfer amount

Price cap per transaction (domestic only)

Not applicable

International fees

Varies by the currency and transfer amount

Refund fees

Subject to individual checks

Chargeback fees

Not applicable

Products offered by Payabl

Signing up for Payabl

Sign Up and Create an Account

Visit the Payabl website and sign up for an account. You’ll need to provide basic information about your business and contact details. Once registered, you'll receive access to the Payabl Backoffice Portal.

Integration with Your Platform

Depending on your needs, you can integrate Payabl with your website or app using various options such as their Hosted Payment Page, Web SDK, or APIs.

For most businesses, starting with the Hosted Payment Page is recommended because it's easy to set up and allows you to accept payments quickly.

You'll need to send a payment request to Payabl, and they'll return a link to the payment page where your customers can complete their transactions.

Configure Payment Methods

Set up the payment methods you wish to offer to your customers.

Payabl supports a wide range of payment options, including credit cards, bank transfers, and digital wallets like Apple Pay and Google Pay.

Make sure to activate the necessary payment methods in your Payabl account settings.

Test and Go Live

Before going live, it’s essential to test the payment process in the Payabl sandbox environment.

This allows you to simulate transactions and ensure everything is working correctly.

Once testing is complete and you're satisfied with the setup, switch to the production environment to start accepting real payments.

Companies using Payabl

The alternatives

Contributors

Keith Hodges
Keith has worked across the cross border finance industry for five years. Analysis and reviews from Keith will always be based in data and put together to ensure readers get the clearest possible understanding on any subject, allowing them to make an informed decision.
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