BlueSnap is a popular eCommerce-centric payment provider or platform featuring monthly contracts without any early termination fees. It is primarily an eCommerce-centric company. The company has its headquarters in Waltham in Massachusetts. It is a leading merchant service provider that specializes in the delivery of online processing solutions for a number of e-commerce businesses.
In 2001, the company was created with the name Plimus. Later on, in 2011, the company was acquired by Great Hill Partners. Again, in 2013, the company was rebranded. It had to face some negative publicity for the same after it had to undergo a class-action lawsuit that was filed against the company.
BlueSnap is a payment processing solution that offers organizations -especially B2B and B2C entities, across the globe with improved ways to accept payments. It can assist your organization to fully expand its respective operations by enabling you to accept payments from both international and local customers.
The system is available with the all-in-one payment application that allows your business to enjoy a massive global network of securing banks. This implies that you get access to the widest range of payment conversion rates. It is also available with the advanced billing engine to create accurate invoices for the subscribers and clients all around the world.
It is possible to integrate BlueSnap with several platforms as well as shopping carts to help with instant payment processing. Some of the instances of such platforms can be integrated are Alipay, Visa, Mastercard, and PayPal. The platform also offers access to the built-in virtual terminal for supporting all variants of consoles. In turns, this allows BlueSnap to ensure transaction support over smartphones.
Some of the main benefits of BlueSnap are:
The product lineup of BlueSnap is extensive. Merchants will come across almost any feature that they require towards running a successful business. Some of the advanced offerings of BlueSnap include:
Like most other providers that offer access to payment gateway and credit card processing services as a grouped product. BlueSnap offers the option of choosing between pricing plans available as:
During the past, BlueSnap did not charge the annual or account setup fee. Also, there was not any presence of a monthly minimum with the account. The company used to charge a maintenance fee of $75 in terms of monthly account maintenance. This was meant for merchants who used to process less than $2,500 every month. However, this fee appeared immensely unpopular with merchants. While the overall fees have been dropped, it is strongly recommended to review the contract documents properly before you sign up for the account. All the fees -including the incidental fees, are expected to be disclosed somewhere in the contract print.
There are around 50 negative reviews about BlueSnap on the net. Most of these reviews claim that the company is a rip-off or a scam. There have been reports of some older reviews referred to Plimus instead of BlueSnap. However, BlueSnap has managed to gather its own level of complaints in the past several years. Most users complaint about the company that it has scammed them by selling illegitimate products or services. However, there are complaints related to poor account support, hidden fees, and the overall confusion with respect to the real name of the company.
A lawsuit was fined By Kimberly Yordy in January 2012. The lawsuit had alleged that Plimus -the previous brand of the company, had intentionally offered its affiliates with false reviews and testimonials. These testimonials were aimed at deceiving customers into buying access to illegal channels for the download of digital content.
The case, however, was denied class-action status during October in 2013. The lawsuit has been dismissed. Still, Plimus went ahead with changing its name to BlueSnap by the given period.