Propay is a US-based payment solutions company that helps businesses of all sizes to process and make payments in a simple, affordable, and secure way.
Propay allows companies to accept credit and debit cards and ACH payments via a seamless process that protects sensitive payment data. Propay started its online payment services in 2000, however, the company has been in the business of processing card transactions for banks and SMEs since 1997. Propay has evolved over the years into a trusted third-party payment processing company for small and large corporations majorly within the United States.
One of Propay’s notable features allows businesses to send invoices to customers via email or text message. In addition to that, Propay’s Global Disbursements and Commissions platform makes it easy for companies to pay commissions to distributors or sales partners anywhere in the world.
Benefits of using the Propay system
Propay is a registered independent sales organization of the Wells Fargo Bank- an affiliation that gives it more authenticity. It’s also PCI-compliant. Some of Propay’s payment tools include the online terminal, mobile application, mobile website, Buy Now button, Donate Now button, and Stored cards. Furthermore, on Propay, users can transact in over 180 currencies including CAD, USD, GBP, EUR, AUD, and many others.
Here are a few benefits that Propay users enjoy:
Send money to any US checking account
Propay allows its users to send money to any US checking account with a low transfer rate within the range of $0.10 and $0.35 irrespective of the amount. Processing time for the money is between 2-3 business days.
Allows payment via multiple credit card brands
Propay users can accept credit card payments from their customers that use any of these brands – VISA, Mastercard, Discover, and American Express. Discover and American Express are however exclusive to higher level Propay account holders.
Electronic invoicing and payment
Propay users can send their customers payment invoices via email or text. The email contains a secure payment link that routes recipients to where they can enter their credit card information and make payments.
Flexible payment processing methods and tools
Propay affords its users a seamless way to process credit card payments using the internet and sometimes without the Internet. Here is how it works. First, users have to download the Propay mobile app. Then, order for the Propay JAK, a plug-and-use mobile credit card reader that can process credit cards in a swipe.
Spend directly from your Propay account
Every high-level Propay user has a prepaid Mastercard linked to their account. This gives users unhindered access to their money because the Propay prepaid Mastercard is accepted at numerous ATMs all over the world.
Helps businesses save money
Unlike some other third-party payment solutions, Propay users don’t pay monthly fees or gateway fees.
How to connect
There are two types of plans open to all intending Propay users – the Platinum and Premium. The platinum plan costs $69.95 annually, while the premium plan costs $39.95.
To start using Propay’s services, do these:
- Visit the website
- Click on sign up button
- Select your preferred plan and click ‘Select’
- Enter your email, and create a password.
- Follow the prompts to continue your registration