PaySimple VS PayPal
June 19, 2018

PaySimple VS PayPal

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Starter

Overall Satisfaction with PaySimple

Schools want parents to be able to pay tuition online. I recommend them to get a PaySimple account which has a free integration with Gradelink. This allows parents to log into Gradelink and make online payments from within the app. Parents don't need to log into paysimple.com (or even know the company name) to make a payment.

Pros

  • Really good support and service. It's rare that a payment company answers their phone.
  • Really simple UI. It's so easy to understand and use.
  • Nice free add-ons such as the free booking solution and the free online store option.

Cons

  • It'd be nice if they were to integrate with online form tools such as formstack.com, wufoo.com, jotform.com etc.
  • It'd be nice if there was a payment option which didn't include a monthly fee but had a higher transaction fee. This is good for people who get donations or payments infrequently. For that group, PayPal is the best option because Paypal has no monthly fee but a high transaction fee.
  • 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.
PayPal has no monthly but a high transaction fee. PaySimple has a low transaction but high monthly fee. So if you do a lot of transactions (like over 70K/mo) you should consider PaySimple.
Great if you have a high volume of transactions on a regular basis. Even better if all your transactions occur on the same day of the month because you'll save money on the deposit fee (batch fee). Also good if you want a really really simple UI and good support. Not good if you want to link a payment solution to your retail website for an online shopping cart or if you want a massive POS system.

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