Payanywhere All-In-One Solution for Businesses

Author

Reads 4.4K

Black Card Reader on the Table
Credit: pexels.com, Black Card Reader on the Table

Payanywhere offers an all-in-one solution for businesses, providing a comprehensive platform for payment processing, point-of-sale systems, and online invoicing. This solution helps businesses streamline their operations and improve customer satisfaction.

With Payanywhere, businesses can accept payments in person, online, or on-the-go, making it a versatile option for various industries. The platform is designed to be user-friendly and secure, reducing the risk of data breaches and other security threats.

Payanywhere's all-in-one solution includes features such as real-time reporting, inventory management, and employee management, making it an ideal choice for businesses looking to simplify their operations.

A different take: Apple Pay Online Payments

Key Features

Payanywhere offers a range of features to help you manage your business. One of the key features is the ability to accept credit and cash transactions in store or on-the-go.

You can also accept magstripe, EMV chip cards, and contactless payments like Apple Pay, Android Pay, and Samsung Pay. This makes it easy to stay up-to-date with the latest payment methods.

For your interest: B of a Mobile Banking App

Credit: youtube.com, Payanywhere Overview

Payanywhere has three different pricing plans to choose from, so you can select the one that best suits your business needs. This flexibility is a big plus for many business owners.

The platform also includes invoicing and dispute management tools, which can help you stay on top of your finances. In-depth reports are available in-app and online, giving you a clear picture of your business's performance.

Employee and customer management tools are also part of the package, making it easy to keep track of your team and customers. Online payment acceptance is available via a virtual terminal, and PCI-compliant equipment ensures your data is secure.

You can even customize discounts, tips, and tax by location, and emailable receipts make it easy to keep customers happy. Cash drawer and printer connectivity, as well as QuickBooks integration, are also available.

Payanywhere offers live customer support through live chat, phone, and email, so you're never alone when you need help. Access to Payanywhere Inside, a secure online merchant portal, is also included.

On a similar theme: Merchant Customer Exchange

Pricing and Plans

Credit: youtube.com, How to activate the dual pricing/edge program with payanywhere terminals. đź’łAtlanta Payment Pros

Payanywhere offers a range of pricing plans to suit different business needs.

You can opt for a "Pay as you go" plan, which costs 2.69% per transaction for swiped, dipped, or tapped transactions, and 3.49% + $0.19 per transaction for keyed, virtual terminal, invoicing, and recurring payments.

Payanywhere also offers a "Custom" plan, but be aware that this comes with a long-term contract and possible cancellation fees.

Some key fees to consider include a payment gateway fee, account setup fee, gateway setup fee, and annual fee, which can range from $10 to $30 per month.

Here's a breakdown of the "Pay as you go" plan rates:

  • Swiped, Dipped, or Tapped: 2.69% per transaction
  • Keyed, Virtual Terminal, Invoicing, & Recurring Payments: 3.49% + $0.19 per transaction

Additionally, Payanywhere charges an inactivity fee of $3.99 per month if you don't use the platform within 12 months.

Billing Invoicing

PayAnywhere offers a range of billing and invoicing features that make it easy to get paid.

You can create customizable invoices with your logo and contact information, and send them to customers via email or online payments hub.

Credit: youtube.com, Billing and Invoicing: Batch Billing

The platform allows you to set up recurring invoices at the frequency you want, and customers can even enroll in autopay.

PayAnywhere's fees for invoice payments are 3.49% plus 19 cents per transaction.

Here are some of the key billing and invoicing features:

  • Customizable Invoices
  • Recurring/Subscription Billing
  • Online Invoicing
  • Online Payments
  • Payment Processing
  • Mobile Payments

These features make it easy to manage your finances and get paid on time.

Advertising Sales

Advertising Sales is where the magic happens, and it's essential to get it right. To maximize ad revenue, you need to understand the different pricing models, such as cost-per-click (CPC) and cost-per-thousand impressions (CPM).

With CPC, you earn money every time a user clicks on an ad, up to $10 per click. This model is great for websites with high traffic and engagement.

CPM, on the other hand, pays you for every 1,000 ad impressions, ranging from $5 to $20 per 1,000 impressions. This model is suitable for websites with a large audience, but lower engagement.

To give you a better idea, let's look at an example: a website with 100,000 daily visitors can earn up to $1,000 per day with a CPM of $10.

Pricing Overview

Credit: youtube.com, Pricing strategy an introduction Explained

PayAnywhere offers a range of pricing plans to suit different business needs.

PayAnywhere's pricing model is based on a flat rate, keyed-in rate, and virtual terminal rate, with corresponding fees. The keyed-in rate is 3.49% + $0.19 per transaction, while the virtual terminal rate is also 3.49% + $0.19 per transaction.

You can opt for a pay-as-you-go pricing plan, which is ideal for businesses that don't want to be locked into a long-term contract. This plan charges 2.6% plus 10 cents for in-person transactions, 2.9% plus 30 cents for online transactions, 3.5% plus 15 cents for manually keyed transactions, and 3.3% plus 30 cents for invoices.

If you run a high-volume business, you can choose a customized pricing plan, which may come with a long-term contract and possible cancellation fees. However, this plan can provide more flexibility and cost savings for businesses that process a large number of transactions.

Payanywhere also offers a free account, but be aware that this comes with a long-term contract and possible cancellation fees. Additionally, the company charges for inactivity and chargebacks, and no longer offers a free 2-in-1 credit card reader.

You might enjoy: Mobile Business Banking

Credit: youtube.com, Pricing Plans Overview

Here are the different pricing plans offered by Payanywhere:

Payanywhere's pricing plans may seem complex, but they offer a range of options to suit different business needs. Whether you're a small merchant or a high-volume business, Payanywhere has a pricing plan that can help you accept credit card payments with ease.

Contract and Support

Payanywhere offers various resources to help you set up and use their services. You can find detailed documentation and knowledge base articles to answer your questions.

For more in-depth learning, Payanywhere provides recorded video training sessions to guide you through the process.

If you're looking to upgrade your account, Payanywhere has a tiered system. Merchants who exceed $100,000 in annual credit card sales volume will be upgraded to a dedicated merchant account.

Payanywhere's terms of service have changed since their last update, and now they no longer mention early termination fees, long-term contracts, or specific costs in cases of chargeback.

See what others are reading: Bank Account for Payment

Contract Terms

Credit: youtube.com, Master Service Agreements

PayAnywhere's contract and terms can be a bit tricky to navigate. Merchants have been vigilant about reviewing the contract, and for good reason - it's not always what it seems.

The contract is actually two agreements rolled into one, with the second contract taking effect once PayAnywhere processes over $100,000 in credit card sales for Visa, MasterCard, PayPal, or Discover. This is called Conversion to Direct Merchant.

Merchants who exceed this threshold will be locked into PayAnywhere's Custom plan for a three-year term, with tiered pricing. They'll also be charged a $295 early-termination fee if they try to cancel early.

However, there is a 45-day window after conversion where merchants can cancel and return all free equipment to PayAnywhere without penalty. This is a relief for merchants who don't want to be locked in for three years.

Merchants who don't exceed the $100,000 threshold are on a month-to-month contract, which is a more flexible option.

Explore further: Discover Card Merchants

Setup Support

Credit: youtube.com, 9 Opportunity Stages (Integration Support from Underwriting Contract to Setup and Integration)

If you're looking for help with setup, PayAnywhere has got you covered. Their documentation and knowledge base are a great resource to get started.

You can also find recorded video training to walk you through the process.

Payment Options

Payanywhere offers a wide range of payment options to suit your business needs. You can accept cash transactions, contactless NFC payments, credit card processing, and more.

Their payment processing options include credit card terminals, mobile card readers, mobile payments apps, and online payments. You can also use a payment gateway and POS equipment to process transactions.

Payanywhere's pricing models include custom and pay-as-you-go options. With the pay-as-you-go model, you'll pay 2.69% for in-person transactions and 3.49% plus 19 cents for online, keyed, and virtual terminal transactions.

Here are the rates for different payment types:

Payanywhere also supports all types of credit card payment methods, including recurring payments. And, with their mobile payments app, you can accept contactless payments like Apple Pay and Samsung Pay.

Point-of-Sale (POS) Tools

Credit: youtube.com, Payanywhere Point of Sale System Smart POS Terminal

Payanywhere's POS tools are designed to help businesses streamline their payment processing and management. The mobile POS app is a key feature, allowing merchants to process payments from a compatible smartphone or tablet.

The app includes inventory and employee management features, making it a great option for small retail and restaurant businesses. With the ability to email, text, or print receipts, it's easy to stay organized and keep customers happy.

Some of the standard Payanywhere POS features include:

  • Inventory management
  • Employee management
  • Tickets and tabs management

The app also works offline, so you can swipe credit cards even without an internet connection. This is a huge plus for businesses that need to process payments on the go.

Virtual Terminal

The virtual terminal is a game-changer for businesses that want to process payments on their computer. It provides a cloud-based dashboard that lets you accept payments through manual key-in of customer card details.

You can also connect a mobile card reader via Bluetooth for swipe- or chip-based transactions, making it easy to process payments on-the-go.

With the virtual terminal, you can send digital receipts via email or SMS, which is a great way to stay organized and keep customers informed.

This feature also allows you to save and track customer information in the virtual terminal, which can be super helpful for building customer relationships.

Point-of-Sale (POS) Tools

Credit: youtube.com, What Is A POS? Point of Sale System Software and Hardware Explained

Payanywhere's POS tools are designed to make payment processing and business management a breeze. The mobile POS app is a great option for small retail and restaurant businesses, allowing you to accept payments, manage inventory, and pull reports from any mobile device.

With the mobile POS app, you can process payments from a compatible smartphone or tablet, and even work offline if needed. This means you can swipe credit cards without an internet connection, which is a huge plus for businesses that don't always have a stable internet connection.

Payanywhere's POS software is also available with features based on the type of hardware you're using. The mobile POS app is used in conjunction with the mobile credit card reader, making it easy to accept payments on the go.

Some of the standard POS features include inventory management, employee management, and tickets and tabs management. This means you can keep track of your stock levels, manage your staff, and keep an eye on your sales and customer interactions all in one place.

Here are some of the key features of Payanywhere's POS tools:

  • Inventory management
  • Employee management
  • Tickets and tabs management

Overall, Payanywhere's POS tools are a great option for businesses that need a simple and straightforward payment processing system.

Reporting and Analytics

Credit: youtube.com, Unlock the Power of Payment Analytics with Paymattic's Deep Analysis Report

Reporting and analytics are essential tools for any business, and Payanywhere provides just that. You can view your dispute activity and be alerted when you need to take action.

To get a quick look at your sales activity, simply open your Payanywhere app. Flash reports can be used to see net sales, discounts, tax, tips, voids and other details.

Payanywhere gives you real-time insight into payment-related data, so you can view trends and historical sales for volume, payment type, customers, employees, and inventory.

Integrations

Payanywhere offers a range of integrations to help you streamline your business operations.

You can export your data to QuickBooks Online to sync transactions, making it easier to manage your finances.

Homebase is another scheduling software that you can integrate with Payanywhere, helping you to stay organized and on top of your bookings.

The SDK, or software development kit, is a free download that lets you plug into Payanywhere's complete payments system, allowing you to accept popular payment methods and transaction types.

Other integrations include Davo, Chargezoom, and the Factor 4 Gift Card Program, which can help you expand your payment options and increase sales.

You can also connect Payanywhere with other platforms, such as QuickBooks, Homebase, GRUBBRR, and GiveHub, to expand your business capabilities.

If this caught your attention, see: Discover It Business Credit Card

All-In-One Solution

Credit: youtube.com, Introducing the PayAnywhere Smart Terminal | Handheld Payment Solution powered by Swipe Pay

Payanywhere is a one-stop payments solution that can save merchants a lot of time and effort.

It can accept various types of payments, including in-person, online, mobile, invoiced, and keyed payments.

Mobile readers, mini terminals, POS systems, and accessories are all available through the company.

In-house payment processing is provided through Electronic Payment Exchange, a subsidiary of North American Bancard.

The solution allows for offline payments, which can be a big plus for businesses that don't always have a stable internet connection.

Tools to help manage inventory, employees, and generate reports and analytics are included for free with the software.

Intriguing read: Bank Payment Solutions

Business and User Reviews

Payanywhere has a solid reputation among users, with a 3.7 out of 5 rating on Google Play based on over 4,400 reviews, and a 4 out of 5 rating on the App Store based on around 1,000 reviews.

Users praise Payanywhere for its simple yet effective software and integrations with popular POS systems like Square. They also appreciate the affordable fees and ease of use, particularly in sales tracking.

Recommended read: Venmo Pay in 4 Amazon

Credit: youtube.com, PayAnywhere Customer Review

Some users have mentioned bugs with the software, but most seem to be satisfied with the payment processor. The few negative reviews mention login setup issues, unsuccessful transactions, and POS app issues after software updates.

Here's a summary of what users like and dislike about Payanywhere:

How to Use

To get started with PayAnywhere, you'll need to set up your mobile payment processing system. This can be done using the mobile card reader, which allows you to accept credit and debit card payments on the go.

The mobile payments app is also a key part of the system, enabling you to process transactions, manage your account, and track your sales. You can access this app from your smartphone or tablet.

To process a transaction, simply tap the mobile card reader on the customer's card to initiate contactless NFC payment, or have them insert their card into the reader for a more traditional payment experience.

How to Test

A Person Swiping A Credit Card to the Payment Terminal
Credit: pexels.com, A Person Swiping A Credit Card to the Payment Terminal

To test your PAX smart terminal, you'll need to order a compatible one and have the North Sandbox App preinstalled. The app will be named "North" and can be found on your device.

Once you've received your terminal, connect it to the internet and launch the North Sandbox App. You'll need to log in with your Payments Hub username and password to access the test environment.

You can submit test transactions to the terminal and use the test card data provided to complete transactions in the Sandbox environment. The test card data can be keyed in on the terminal's keypad.

You'll receive mocked responses that match the responses returned by the payment processor in the Production environment. A complete list of transaction response codes is available for reference.

Here's the test card data you can use:

These card details will allow you to complete test transactions in the Sandbox environment.

Process Flow

To initiate a transaction, the partner's software sends a request via RESTful API to the North server. This is the first step in the process flow.

Delivery Man Using a Payment Terminal
Credit: pexels.com, Delivery Man Using a Payment Terminal

The North server then sends a push notification to the “North" app installed on the mobile device, prompting the customer for payment on the terminal/card reader. This notification is crucial for the customer to complete the transaction.

The customer completes the transaction with their card on the terminal/card reader, which is the next step in the process. This is where the actual payment is made.

The transaction is then processed through North and North's in-house processor, EPX. This is an important step that ensures the transaction is secure and accurate.

The “North" app receives and displays a generic transaction response, including a transaction approved or declined message. This response is crucial for the customer to know the outcome of their transaction.

Optionally, the partner’s software can receive a detailed transaction response via the North Webhook. This response contains non-sensitive transaction information including a transaction ID, which can be used for subsequent card-not-present transactions.

Here's a quick summary of the process flow:

  1. The partner’s software initiates the transaction request via RESTful API to the North server.
  2. The North server sends a push notification to the “North" app installed on the mobile device.
  3. The customer completes the transaction with their card on the terminal/card reader.
  4. The transaction is processed through North and North's in-house processor, EPX.
  5. The “North" app receives and displays a generic transaction response.
  6. Optional: The partner’s software receives a detailed transaction response via the North Webhook.

Frequently Asked Questions

How does pay anywhere work?

Pay Anywhere allows Mallory to accept credit card payments using smart devices, enabling her to process transactions quickly and efficiently.

How do I contact Pay anywhere?

To contact Pay Anywhere, you can reach out to our support team via email at [email protected] or by calling 866.485.8999. You can also submit product feedback or media inquiries through our designated email addresses.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.