CyoGate is a processing platform for merchants that was founded in 2007. The facility, located in Boynton Beach, Florida, US, allows the creation of merchant accounts enabling the sale of services and products on a website and e-commerce store. It is ready to provide service for high-risk companies as well among others. The company behind it is a provider of credit card processing, specializing also in lending for businesses, and equipment leasing.
The platform provides an account that can be connected to your site or store to help you to receive revenue from your business. Using the functionality of the platform, businesses can be paid with credit cards. This is the fastest and cost-efficient option that is highly evaluated by users. The platform charges the most competitive rates. The quotes are especially low for such services as retail sale, and orders via telephone and mail. Even charges for high-risk industries are lower than in other processing companies. The service is a good option for the beginning entrepreneurs and those who have a processing partner already. CyoGate may be a better match for them with a better level of service at a reasonable price.
It is possible to use the processor for online stores and in physical shops. The company offers chargeback prevention for merchants. Besides, it is possible to apply for mobile credit card processing with this service provider. The additional offer includes loans for legal entities and e-check processing.
Credit card and echeck processing is available for most merchant accounts that can additionally apply for business loans. It can be either a merchant cash advance, term loans, or loans based on revenue. The facility also offers such products as startup loans, SBA small business loans, franchise financing or monetary support to several niches, such as dental, veterinary, and medical financial programs. This is not a full list of products offered on the website of the service provider.
The company was not rated by BBB (Better Business bureau) and wasn’t even included in the list of service providers on its website. It wasn’t accredited by this organization but it doesn’t include complaints about work on this platform. It is also worth adding a high rating of CyoGate on ScamAdvisor, where it received a score of 95 out of 100.
The website of the service promises numerous convenient options for merchants including such things as shopping carts, invoicing, and more. In addition to bank cards, customers can also use non-traditional methods of payments, therefore, merchants can benefit from low redundancy and better conversion.
Since chargebacks often become the main cause why accounts are terminated, much attention is paid to prevent them and provide a positive history of processing. This is a part of routing work for the service and doesn’t require additional application from users.
The platform presents different types of accounts for businesses which can choose from retail/swipe, international, and US accounts. The platform ensures seamless work of the system when there is no network connection. The solution is not expensive and easily performed.
The official site of the company doesn’t include the information about its fees. It is impossible to find a page with pricing and rates on it. However, the reviews state that prices are affordable with this service provider. Also, the platform doesn’t impose hidden fees and additional charges on its clients.
How to connect to the service
Merchants should register and contact the team to connect to the service. It is necessary to fill out the form for that.