What is better EPX or MagicPay? When scouting for the right Payment Gateway Providers for your firm it is recommended that you evaluate the functions, pricing, along with other crucial info about the product and vendor. Here, you can examine the parallels and distinctions between EPX (overall score at 8.0 and user satisfaction at N/A%) and MagicPay (overall score at 5.0 and user satisfaction at N/A%).
You may also check their unique details, such as tools, plans, rates, terms, etc. What is more, read the terms closely for information on extra charges, like, installation, separate helpdesk support, upgrade fees, storage fees, and other similar charges.
If you need to quickly locate the best Payment Gateway Providers according to our review team we suggest you take a look at the following solutions: Stripe, BitPay, PayPal Payments Pro.
EPX fees are competitive at $15/month for the merchant account and a $5/month statement fee that incorporates the payment gateway. There are no setup, application, daily batch, and annual fees as well as no monthly transaction minimum. You can negotiate the length of contract and there is no cancellation fee. However, you will not be allowed to move a competing vendor during the period of contract.
EPX’s charges compare well with competitors with the discount rates as low as $0.20 + 1.59% per transaction (20 cents for authorization and 1.59% as the discount rate). The unique aspect is this provider utilizes interchange optimization technology to offer the best possible rate for individual transactions. The benefit is you get the lowest charge for each transaction, regardless of individual exceptions or other specifics.
Since there are so many different features and solutions available, there are multiple enterprise pricing options for each of them. Here are the details:
Mobile Payments
There are two packages namely, Starter and Premier:
Starter is priced at $10 per month with discount rate of 1% and $0.10 transaction fee.
Premier is available for $20 per month with discount rate of 0.5% and $0.05 transaction fee.
Point of Sale
This package is available for a wide range of businesses. It is available for $0.05 transaction fee at $25 monthly charges. There is also no setup fee required.
Virtual Terminals and E-Commerce Solutions
VirtualPay is available for $15 per month. Transaction fee is 30 cents. Setup is free.
VirtualPayPro is priced at $30 per month. Transaction fee is 20 cents with no setup charges.
It may not always be sufficient to simply compare EPX and MagicPay against one another. Even though reliable tools, cost and customer comments are all important and should be included when making a final decision, you should also take a look at the recognition and awards claimed by each product. Frequently a less popular software may turn out to be a great choice that was distinguished with industry awards such as our Experts’ Choice Award which reveals that in spite of limited market popularity it’s a significant contender to the software that dominate the market.
Page last modified
Why is FinancesOnline free?
FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.
