PayHub has partnered with SignaPay to become a payment gateway to merchants. To find out if PayHub could benefit you, continue reading the review below.
PayHub and SignaPay used to be separate companies, but they have now combined to offer a greater selection of products and services.
SignaPay tends to focus on merchant accounts while PayHub deals more with payment platforms.
|PROMOTIONAL LINK||LOAN DETAILS||REVIEW|
|Chase Merchant Services|
Best direct processor for all sizes.
2.6% discount rate and $0.10 per tap, dip or swiped transaction, and 3.5% discount rate and $0.10 per keyed transaction
2.90% and 25 cents per transaction
|Intuit Quickbooks Payments|
Best for QuickBooks users.
2.40% & 25 cents per transaction
2.90% + 25 cents per transaction
Best low-fee mobile card processor.
2.75% per transaction
2.9% + 30 cents per transaction
Table of Contents
Merchant accounts from PayHub are often resellers, but it offers regular accounts too.
SignaPay offers merchant accounts via First Data, Elavon and TSYS Merchant solutions.
All payments get transferred to your Virtual Hub and you can manage orders or other details if you want.
VirtualHub will track customer details while preventing fraud and risk.
You can access your Virtual Hub through PayHub’s mobile app. The app is available for iOS, Androids and tablets.
You may also use a carder swiper or reader that can plug into the headphone jack.
PayHub’s payment gateway is “PayHub Plus”. You can manage reports and other merchant account necessities.
With this feature, you can add payment buttons and forms onto your website.
There is no additional cost nor limit to how many buttons you can integrate.
PayHub provides various shopping cart plugins to make payment go more smoothly.
Your site’s software will need to be compatible with PayHub in order to integrate it.
Some popular shopping carts are WooCommerce, OpenCart, PrestaShop, Magento and Zen Cart.
With mobile payments, you can enter credit card information and track your transactions through PayHub.
If you want to receive receipts, you can also get a bluetooth printer to connect to your device.
PayHub has three different pricing plans and each of them offer specific services and operate on different kinds of fees.
|Gateway Plan||From $9.95/month||Includes mobile payments, payment gateway, recurring payments, secure checkout, virtual terminal, cloud reporting and live support|
|Flat Pricing Plan (Gateway + Merchant Account)||Pre-transaction fee: 2.79% + $0.25||Plus credit card processing|
|Interchange-Plus Plan (Gateway + Merchant Account)||Interchange + 0.40% + 0.10%||Plus credit card processing and flexible pricing|
Customer Support & Satisfaction
PayHub prides themselves in providing quality and satisfactory service. Their customer support can be reached via telephone from Monday to Friday at 8 a.m. to 6 p.m. (CST).
You can also always email PayHub if you have any specific concerns and don’t want to wait for a representative to respond.
Contract & Closing
Each of PayHub’s pricing plans are on a month-to-month basis with no ETFs.
If you chose to close your account, you will have to provide a 30-day written notice to PayHub. Be sure to read your contract thoroughly before finalizing your account closing.
For those who have an eCommerce business and want a simple payment gateway or merchant provider, then perhaps PayHub can be of assistance.
PayHub has a few pricing plans depending on the level of complexity you are willing to put towards your business, but they also have flexible pricing so you can negotiate with them in terms of that.
If you tend to have larger transaction volumes, then consider Chase Merchant Services instead, a direct processor that provides more security and is known for its top notch services.
For someone who’s new to the business world and don’t have that high of a transaction volume, then processors like Square can assist you in the journey.
If you are interested in finding out more information about card processors, then check out our Best Credit Card Processing Services to learn about all kinds of different card processors!