Payabl Review: Is Payabl the Best Payment Solution For You?

Panna Kemenes

Payment providers are an essential part of any company’s tech stack, as they allow you to seamlessly process transactions.

Payabl is a payment solution you can use to scale your business while protecting against fraud. It’s a good fit for e-commerce businesses and large enterprises, with more than 300 preferred payment methods.

In this payabl review you’ll learn more about Payabl and whether it could be a viable payment solution for your business.

Are you looking for a hassle-free business account with free tools? Consider a Wise Business account for low-cost, multi-currency transactions, a free invoicing tool and business templates.
Find out more about Wise Business

Find out more about Wise Business

Payabl Review: Quick Overview

Best forKey featuresMain fees
E-commerce merchants and global enterprisesSupports 300+ global and local payment methods Set up recurring payments Fraud management Works on multiple devices No-code setupPayabl pricing varies according to the business model. There are transaction fees and initial setup costs.

What Are the Key Features of Payabl?

Payment Gateway

Payabl accepts a wide variety of payment methods, including 300 global and local options. By offering everything from PayPal to alternative payment solutions, you can cater to a range of customer preferences.

Fraud Prevention

The payment solution comes with anti-fraud technology. It also has fraud prevention capabilities to keep your transactions secure.

Reporting and Analytics

With access to a merchant dashboard, which serves as a single source of truth, and provides analytics at a glance.

You can use the dashboard to dig into customer data, identify trends, and reconcile transactions. A financial overview of your account gives you a snapshot into your business’s financial health.

Customer Support

Payabl offers dedicated customer support for merchants, so you can get any issues or concerns you have resolved quickly.

How Does Payabl work?

Payabl acts as an intermediary between your business and your customers’ banks. When a customer makes a payment, Payabl processes it and screens it for fraud, and then deposits the funds into your account.

You can integrate Payabl into your checkout systems or in-store terminals if applicable.

Advantages of Using Payabl

Seamless Integration

Payabl works with e-commerce platforms and in-store payment systems. This means you can seamlessly slot it into your existing tech stack to streamline transactions.

Enhanced Security

With fraud detection and encryption, your data is kept secure and there’s less risk of losses due to fraudulent activity.

Global Reach

In supporting international transactions, Payabl allows you to scale and expand into new markets and accept various currencies.

What to Consider When Choosing Payabl

Pricing Structure

Payabl has various fees based on the number of transactions you process, the industry you’re in, and your risk profile. You can request a tailored quote to more clearly understand the fees you’d pay.

Setup Process

Payabl has dedicated onboarding support. However,the process may require more technical resources for more complex integrations.

Payabl vs. Competitors

Payabl stands out with strong fraud prevention tools and robust support for international payments, which makes it a great option for scaling and global e-commerce brands.

ProviderBest forStrengthsWeaknesses
PayablGlobal e-commerce brands and high-volume merchantsStrong fraud prevention tools Global reach Analytics toolsPricing isn’t transparent
StripeStartups and developersSimple API integration Widespread adoptionHigher fees for some transactions
PayPalSmall businesses and freelancersTrusted payment processor Fast setupLimited customization

What Are the Fees for Payabl?

Payabl generally charges per transaction, but the specific rates depend on your transaction volume, the industry you’re in, and the type of payments you process.

In some cases, you may also pay monthly account fees or setup costs.

There can also be other fees such as:

  • Chargeback
  • Currency conversion
  • Cross-border transaction

Paybl Customer Reviews and Testimonials

Many merchants who use Payabl in their business appreciate the reliable payment processing Payabl offers, as well as the helpful customer support. The fraud prevention measures are often praised, too.

Most users like the secure and scalable platform. However, some note that there could be more transparency around pricing and a more seamless setup process for smaller teams.

Conclusion: Is Payabl right for your business?

Payabl is a robust payment solution for e-commerce businesses with clients around the world or plans to scale operations internationally. With emphasis placed on strong anti-fraud support, Payabl can be a reliable tool to integrate into your payment process.

If you work in a smaller team, the technical setup process and lack of transparency around fees are factors to consider.

Common Questions

  • Is Payabl secure?

Payabl uses advanced fraud protection measures and encryption to ensure secure and reliable payment processing.

  • What countries does Payabl operate in?

Payabl works with businesses based in many countries, and has offices in the UK, Germany, Cyprus, the Netherlands, Lithuania, Poland, and Italy.

  • What are the alternatives to Payabl?

Other popular payment processing platforms include Stripe and PayPal, which suit different types of businesses.

The easy way to manage international business funds

Managing international payments is simple with Wise Business. Pay and receive funds like a local, so you can avoid hidden fees in your transactions.

Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies. You can get major currency account details for a one-off fee to receive overseas payments like a local. You can also send money to countries.

Register with Wise Business 🚀

Some key benefits of Wise Business include:

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

Money without borders

Find out more

Tips, news and updates for your location