TrustRadius: an HG Insights company

FuturePay vs. PaySimple vs. TSYS Payment Gateway

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FuturePay

    Score10 out of 10
    N/AFuturePay is a payment gateway software solution offered by FuturePay.N/A

    PaySimple

    Score6 out of 10
    N/APaySimple is a payment gateway software solution offered by PaySimple.

    $59.95

    per month

    TSYS Payment Gateway

    Score1.8 out of 10
    N/ATSYS headquartered in Columbus, Georgia offers as part of the company's merchant services a payment gateway, as well as other ancillary services.N/A
    Pricing
    FuturePayPaySimpleTSYS Payment Gateway
    Editions & Modules
    No answers on this topic
    Subscription
    $59.95
    per month
    No answers on this topic
    Offerings
    Pricing Offerings
    FuturePayPaySimpleTSYS Payment Gateway
    Free Trial
    NoYesNo
    Free/Freemium Version
    NoNoNo
    Premium Consulting/Integration Services
    NoNoNo
    Entry-level Setup FeeNo setup feeNo setup feeOptional
    Additional Details
    More Pricing Information
    Features
    FuturePayPaySimpleTSYS Payment Gateway
    Payment Gateways
    Comparison of Payment Gateways features of FuturePay and PaySimple and TSYS Payment Gateway
    Feature
    FuturePay
    -
    Ratings
    PaySimple
    1.0
    1 Ratings
    152% below category average
    TSYS Payment Gateway
    1.0
    1 Ratings
    152% below category average
    Fraud Detection00 Ratings1.01 Ratings00 Ratings
    API or SDK00 Ratings1.01 Ratings00 Ratings
    Recurring Payment Support00 Ratings1.01 Ratings1.01 Ratings
    Billing and Invoicing Support00 Ratings1.01 Ratings00 Ratings
    Global Support00 Ratings1.01 Ratings00 Ratings
    Payment Form Acceptance00 Ratings1.01 Ratings00 Ratings
    Best Alternatives
    FuturePayPaySimpleTSYS Payment Gateway
    Small Businesses
    Apple Pay
    Score9.1 out of 10
    Apple Pay
    Score9.1 out of 10
    Apple Pay
    Score9.1 out of 10
    Medium-sized Companies
    Payoneer
    Score8 out of 10
    Payoneer
    Score8 out of 10
    Payoneer
    Score8 out of 10
    Enterprises
    Checkout.com
    Score10 out of 10
    Checkout.com
    Score10 out of 10
    Checkout.com
    Score10 out of 10
    All AlternativesView all alternativesView all alternativesView all alternatives
    User Ratings
    FuturePayPaySimpleTSYS Payment Gateway
    Likelihood to Recommend
    10.0
    (1 ratings)
    3.0
    (13 ratings)
    1.0
    (4 ratings)
    User Testimonials
    FuturePayPaySimpleTSYS Payment Gateway
    Likelihood to Recommend
    FuturePay
    Best for purchases above $200 and for customers that are "internet savvy"
    Incentivized
    Read full review
    PaySimple
    PaySimple has made it next to impossible to become PCI compliant unless we purchased a separate computer for the sole purpose of invoicing. We switched to Chase Bank who does not store sensitive info on our computers allowing us to accept credit cards and still remain PCI compliant. Our money is available much faster by not using the 3rd party. Additionally, a simple company name change required more paperwork than closing the account and setting up a new one even when the same bank account was going to be used. This was the primary reason to shop around. We happily contacted Chase Bank and now save $125 a month and receive access to our funds faster. I cannot believe I stayed with PaySimple as long as I did. It's amazing anyone would jump through the hoops of PCI compliance when the technology exists to keep sensitive information off your small business computers. If this review stops anyone from paying those monthly fees, the time was well worth it! PaySimple, requires business owners to fill out forms that make no sense in laymens terms. Chase Bank fills them all in for you and highlights the areas that need to be signed and initialed. PaySimple, charges excessive fees and in my opinion has very emotional customer service reps. Chase Bank, was eager to help and get things rolling so you can focus on your business. I would never recommend PaySimple.
    Read full review
    TSYS
    None. This is the worst company I have ever worked with. We will never recommend or even think about doing business with them again.
    Read full review
    Pros
    FuturePay
    • The onboarding process is easy and they provided full resources
    • They provide the customer communication/ language that customers seem to understand easily
    • Their process works so well, we get compliments from our customers that use it!
    Incentivized
    Read full review
    PaySimple
    • PaySimple is awesome for recurring payments. It's easy to set one up and make changes as needed. Without this feature, our business would be dead. Being able to easily set up recurring payments for our retainer is a must and PaySimple does it beautifully.
    • The payment portal feature is also really good fro collecting payments of differing amounts. We setup a single portal where customers enter the payment amount accessed from a link in the invoice email. This feature has transformed out collections and cut down our time to get paid significantly.
    • If you do have product type offerings, it's easy to setup individual products or an entire store.
    Incentivized
    Read full review
    TSYS
    • Generates detailed reports
    • Allows for multiple users to access at one time
    • Easy to read statements
    Incentivized
    Read full review
    Cons
    FuturePay
    • There are really no areas for functional improvements, beyond working to lower our cost.
    Incentivized
    Read full review
    PaySimple
    • More proactive and empowering role in merchant fee's and alternative processors. Transparency is challenging in understanding Paysimple's role and relationship to the processors.
    • Identifying areas for further value to clients.
    • More targeted small to mid-size business perspective to anticipate growth challenges and prevent blocks on funds for legitimate sales and growth.
    Incentivized
    Read full review
    TSYS
    • Stop taking away my ability to use debit cards
    • 7% is outrageous. I can't continue at this rate
    • In my opinion, the yearly fee is an obvious profit grab. Discontinue it.
    Incentivized
    Read full review
    Alternatives Considered
    FuturePay
    Future pay has a nice niche, for individuals, not businesses. We also use QuickSpark leasing and Affirm payments.
    Incentivized
    Read full review
    PaySimple
    Authorize.net and a handful of other merchant processors and gateways. Most payment gateways (online portals to process payments) are rudimentary and not extremely intuitive. PaySimple is not and they are constantly coming up with new ways to improve upon an already very impressive platform.
    Incentivized
    Read full review
    TSYS
    Clover and square were up front with all fees. [I think] TSYS will try to sell you their product saying medical credit card processing has to be HIPAA complaint. [I feel] [this] is [not] true. They will say they don't have a minimum processing fee. [I feel] [this] is also not true.
    Read full review
    Return on Investment
    FuturePay
    • We are getting incrementally more revenue by offering FuturePay for customers that would otherwise have postponed a purchase.
    Incentivized
    Read full review
    PaySimple
    • Because we've got a really awesome rate with them it's definitely a positive ROI. I can't say what that figure is but it's pretty good. Also, our customers have a huge ROI over their prior way of getting payment from their customers.
    Incentivized
    Read full review
    TSYS
    • Positive impact on work flow- employees can quickly cross-reference reports to close out the day
    • TSYS can be expensive. We are considering alternatives as we continue to improve our practice.
    • More than one employee can be logged in at one time allowing for responsibilities to be shared to help with work flow and productivity.
    Incentivized
    Read full review
    ScreenShots

    PaySimple Screenshots

    Screenshot of PaySimple DashboardScreenshot of Online InvoicesScreenshot of Web Payment FormsScreenshot of Point of Sale (POS)Screenshot of Mobile AppScreenshot of Collect payments on the go.