What is better EPX or MagicPay? Specific companies want different types of Payment Gateway Providers. To understand well which one fits your needs, consider comparing various solutions feature by feature along with their conditions and costs. Furthermore, you will get a quick idea of their overall performance and customer feedback by having a look at our smart scoring system.
The results are: EPX (8.0) vs. MagicPay (5.0) for total quality and usefulness; EPX (N/A%) vs. MagicPay (N/A%) for user satisfaction rating. Analyze their strong and low points and see which software is a better option for your company. An effective, simple tip is to note down the advantages and disadvantages of both services next to each other and see which solution comes on top.
Currently, the leading services in our Payment Gateway Providers category are: 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.
You shouldn’t expect only a broad range of useful tools and flexible pricing plans from a credible Payment Gateway Providers. Almost as essential as main features is a top-notch customer support. You want to guarantee that in a situation where you have any questions about EPX or MagicPay, or you struggle with some problems, or perhaps you’ll want to ask for a specific update or functionality beneficial to your company you can count on a responsive and helpful customer support. Examine whether options such as phone support, tickets or live chat are available. Additionally, it’s a significant advantage if you are able to enjoy individual training or at least a knowledge base you can use.
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