What You Need To Know About BlueSnap

What You Need To Know About BlueSnap

BlueSnap is a powerful yet simple payment tool. It offers an all-in-one payment solution, eliminating the hassles of how to get paid digitally.

Headquartered in Waltham, Massachusetts, BlueSnap is one of the merchant account providers that specializes in online-processing solutions dedicated to e-commerce businesses. In 2001, the company was first called Plimus, which was later acquired by Great Hill Partners in 2011. In 2013 the company underwent rebranding after negative publicity caused by a class-action lawsuit that was filed against the business.

BlueSnap is headquartered in Massachusetts but also operates in physical offices in London, Israel, and Canada. Ralph Dangelmaier is the CEO of BlueSnap.

– Contract And Costs

BlueSnap provides pay-as-you-go pricing and no fees for early termination.

– Service And Complaints

BlueSnap has received over 50 public complaints but has an A+ rating with the BBB, and has only received 2 complaints and 0 reviews over the last 3 years. The Better Business Bureau has accredited BlueSnap since 2015.

– BlueSnap Fees, Costs, And Rates

Flat International Rate: 3.90% + $0.30

Flat Domestic Rate: 2.90% + $0.30

PCI Compliance Fee: $0

Early Termination Fee: $0

Monthly Minimum Processing Fee: $2,500

Account Maintenance Fee $75

BlueSnap charges merchants a domestic flat fee of 2.90% plus $0.30 for any transaction made within the US. International transaction users are charged 3.90% plus $0.30. The monthly “minimum” fee of $75 is typically waived, but merchants can be charged this fee in any month where they are processing under $2,500 in transactions, which makes BlueSnap a better choice for high volume businesses and less attractive to low volume businesses.

The BlueSnap All-in-One Payment Platform offers access to 110 payment types, which includes widely-used and commonly-known e-wallets. The platform also includes built-in fraud prevention tools and detailed analytics that enables merchants to expand their businesses.