While creating this Yapstone review we found that it offers a lot of advanced payment gateway features with its paid plans. You can learn more about some of the Yapstone Payment Gateway features further on in this Yapstone review. All of the information about software you see reviewed on FindBusinessTools come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating.
Had I not investigated and asked for info they would still be holding these deposits. Despite best efforts March 2018 still waiting for anyone to talk to me directly or forward on essential paperwork. Waiting too for full explanation and most importantly a personal apology for their actions.. – One star deduction if the processor has any junk fees. Please note that the content in this Yapstone review is provided on an as is basis and you should always check with the company to make sure you have the latest information. This page contains an independent review of Yapstone.
Yapstone hold my money for a year unless I pay extra 3%
What is challenging is finding out whether or not the software you choose is right for you. We have compiled a list of other payment gateway solutions that our reviewers voted best overall compared to Yapstone. Based on thousands of datapoints, you can see how Yapstone matches up to their competitors, and find the best fit for your business. Our entire Yapstone Guide covers everything you will need to know about using Yapstone. Good payment gateway software can not only help your business to become more efficient and thrive but also give you a platform that can provide you profits. If you would like to earn profits, you must ensure you are using a good piece of payment gateway software.
Phillip has researched and reviewed over 1,000 merchant services providers over the last 15 years. He also owns multiple businesses that accept credit card payments. https://scamforex.net/ If you are looking for an ethical credit card processor that doesn’t hide fees or lock you into expensive contracts, see Phillip’s merchant account picks here.
Yapstone’s flexible platform is flexible enough to support your future-proofing payments and expand your customer base, regardless of your industry. Phillip Parker is an independent card payment expert specializing U.S. and Canadian point-of-sale, e-commerce, and mobile payment acceptance. He has nearly two decades of experience in credit card processing as a journalist and consultant.
- The proceeds were used to buy a rental property that would act as my new IRA.
- At this time, YapStone does not appear to employ independent sales agents.
- Clients primarily report slow payouts, failed payments, withheld funds, and poor support from YapStone with regard to renter disputes.
- Get all of the details regarding out rating criteria here.
We are committed to ensuring the accountability of credit card processors by bringing transparency to their business practices. We have been in operation since 2009, diligently conducting comprehensive research, publishing extensive reviews, and monitoring more than 1,000 payment processors. Our expertise in the merchant services industry has garnered recognition from esteemed publications such as the Los Angeles Times, INC Magazine, The Atlantic, and the Miami Herald, among others. The company also appears to collect its processing fees from homeowners, renters, and travelers—in other words, the people making the payments—rather than business owners. This is an uncommon pricing model for the industry, and it’s possible that a separate agreement outlines other fees charged to clients. We encourage business owners to check out our list of the providers of the best merchant services.
With seamless, scalable and scalable onboarding for marketplaces as well as vacation rental hosts, freelancers, and others, you can approve 95% of merchants in record-breaking time. Our flexible merchant of records arrangements will ease compliance burdens and simplify regulatory complexity. Our powerful risk engine helps you detect and prevent fraud. Yapstone’s platform architecture is built upon hundreds of microservices that are layered. Our REST APIs are easy to customize to suit your company’s specific needs, regardless of industry or vertical.
RentPayment Complaints
We switched to VacationRentPayment a few months ago to save on processing fees and couldn’t be happier. Everything has worked seamlessly and the team is quick to respond xcritical official site to any questions. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Yapstone is a piece of payment gateway software that has forged its way successfully. Within this review of Yapstone, we’ve attempted to collate some of the vital aspects. This review can allow you to understand whether Yapstone is a good fit for your business or not. We’ve attempted to breakdown all the features and charges for your advantage. There’s absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your payment gateway software before you select it.
Also, the automatic $25 chargeback fees need to disappear or get reduced. Sometimes it’s for cancelled reservations that have already been refunded yet we still get charged the $25 fee, not fair. Any unauthorized copying and reproduction of the content of this page, including all meta data and computer code, is strictly prohibited. Any and all use of trade names and/or marks are for identification purposes only and shall not be construed as a claim of affiliation, or otherwise, with CardPaymentOptions.com, Inc. (“CPO”) in any form. The sole purpose of the material presented herein is to alert, educate, and inform readers. We may earn revenue if you obtain services from a provider that we recommend.
YapStone Reviews
It’s a common misconception that all payment gateway software is exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your business in danger. Howelse can the come up with a score of 3 stars out of 3 really bad 1 star reviews? Funny algorithm…Regardless, Yapstone is a bad payment provider, living of interest from money that’s not their’s.Avoid at all costs. Bad business model if they want to stay in business.
Well, unbeknownst to me, Yapstone had filled out a W-9 on my behalf using my personal information. Unfortunately the zipcode they used was for a town on the other side of the state, and the incorrect 1099-Ks were not reaching me. Fast forward to 5 months ago, and I get a $25,000 tax bill, stating that I didn’t pay taxes for the income of the past 6 years. I sent them the deed and property taxes showing that I do not own the property, but they said the only way to rectify this is to have Yapstone correct the previous years erroneous forms. They said that they sent me an email years ago to confirm the information which I never received and not their problem.
YapStone Customer Complaints & Reviews
ACH/eCheck payments are assessed the same online and phone fees but only $2.00 for automated payments. SF Shannon used Yapstone for payment processing because of slick marketing touting the company as the best choice for the vacation rental industry. In using Yapstone for over a decade, it never was a vendor we were enthusiastic about, mainly due to the company’s antiquated software. Yapstone’s post-pandemic business practices have made the company one to run from. Ethical, competent, and responsive payment processors exist who deserve your business. YapStone offers dedicated phone support for each of its various sub-brands.
Get all of the details regarding out rating criteria here. In addition his contributions on CPO, Phillip has also been quoted in several major publications such as The Los Angeles Times, INC Magazine, Miami Herald, Computer World, and numerous others. If you would like to interview Phillip for your story or podcast, please reach out here.
Clients primarily report slow payouts, failed payments, withheld funds, and poor support from YapStone with regard to renter disputes. When this review was first posted, most of the available complaints were from renters regarding YapStone’s RentPayment service. These complainants express confusion over the company’s policies, as well as irritation with having to pay fees in order to use their credit card.
A further class-action suit was finalized against YapStone in 2022 by its former employees over missing payments. In April 2019, a lawsuit was filed against YapStone by Todd Feldman in regards to an alleged breach of contract. Tell us about your experience with YapStone in the comment section below. Hi Madelaine, I’m so sorry to hear you’ve had a stressful experience. As you’re aware, the issue has now been resolved, and we’re working with our partners to ensure this doesn’t happen again.