PinPayments

Website

pinpayments.com

Pricing URL

Official PinPayments Pricing

Categories

#Online Payments #Payment Gateways #Payment Platform #Recurring Billing

Worldpay

Website

fisglobal.com

Pricing URL

-

Categories

#Online Payments #Payment Platform #Recurring Billing #Payments

PinPayments features and specs

• Local Payment Processing
  Pin Payments allows businesses in Australia and New Zealand to process payments without requiring a foreign bank account, making it easier for local businesses to handle transactions.
• Multi-Currency Support
  Enables users to accept payments in different currencies, which is beneficial for businesses operating internationally and aiming to cater to a global customer base.
• No Merchant Account Required
  Simplifies the process of getting started with online payments as there is no need for a separate merchant account, reducing the initial setup complexity.
• Developer-Friendly API
  Offers a comprehensive and well-documented API, which allows developers to integrate payment processing into their applications with ease.
• Security Compliance
  Complies with PCI DSS standards, ensuring that transactions and sensitive data are handled securely, which is essential for maintaining customer trust.

Possible disadvantages of PinPayments

• Limited to Australia and New Zealand
  Primarily serves businesses in Australia and New Zealand, which limits its applicability for companies operating outside these regions.
• Higher Fees for International Transactions
  Processing fees can be higher for international transactions, which can be a disadvantage for businesses with a significant volume of cross-border sales.
• Basic Features Compared to Larger Competitors
  May lack some advanced features or integrations found in larger payment processors such as PayPal or Stripe, which can be a limitation for businesses with complex needs.
• Customer Support Limitations
  Some users have reported that customer support can be slow or less responsive compared to other payment service providers, which can be a challenge during urgent issues.

Worldpay features and specs

• Global Reach
  Worldpay supports transactions in over 120 currencies and offers services in numerous countries, making it an excellent choice for businesses with an international customer base.
• Comprehensive Solutions
  Worldpay provides a variety of payment solutions, including credit/debit card processing, mobile payments, and e-commerce payments, which can cater to different types of businesses.
• Advanced Security
  The platform uses advanced security measures such as tokenization, encryption, and fraud protection to ensure the safety of transactions.
• Integration Capabilities
  Worldpay can easily integrate with numerous e-commerce platforms, shopping carts, and POS systems, facilitating seamless business operations.
• 24/7 Customer Support
  Worldpay offers round-the-clock customer support, which can be instrumental in quickly resolving issues and minimizing downtime.

Possible disadvantages of Worldpay

• Complex Fee Structure
  Worldpay’s fee structure can be complicated, with various fees for transactions, setup, and monthly services, making it harder for businesses to predict costs accurately.
• Lengthy Contract Terms
  The service often requires long-term contracts, and exiting these contracts early can result in hefty termination fees.
• Mixed Customer Reviews
  While many users have positive experiences, there are also numerous complaints about the company's customer service response time and fee transparency.
• Slow Payouts
  Some businesses report that the payout process can be slower compared to other payment processors, affecting cash flow.
• Inflexibility for Small Businesses
  The robust features and costs associated with Worldpay may not be as beneficial or viable for small businesses or startups with lower transaction volumes.

No PinPayments videos yet. You could help us improve this page by suggesting one.

Add video

Worldpay, Elavon, Square, iZettle, Barclaycard – what's the difference between payment processors?

More videos: