PayabilityReviews of payability.com

Super fast service thank you

Payability fee structure is deceptive and fraudulent. After over 9 months of using the service for standard payments (if you research real reviews you will see the payments are not next day or instant), I discovered the actual fees were almost 6% of gross sales on. Many people think it's similar to a regular merchant where they take 2% off the net that is sent but it's actually gross plus hidden fees. The hidden fee structure works like this - Say you have $1000 in sales in 5 days, automatically you are charged 2% on that ($40), next you get 75% of the net sales of that $1000. So if you paid $400 total in shipping fees and amazon fees, you would get 75% of $600 ($450) but before that, Amazon reserve amount is taken into consideration so it is actually even less but here's where the trick is: When Payability releases the 25% of their reserve from that period of sales you get charged another 2%, when amazon releases funds to Payability, you get charged another 2%, and finally when your reserves are released from amazon, you get charged another 2%. During my time with them, I had $83,000 in gross sales, netted about $43,000 from Amazon, and Payability took over $4600. So the reality of payability is 5.6% of gross sales and, in my case, over 33% of all profits. Because remember, Amazon paid out $43000 but that hasn't factored in the Cost of Goods Sold. Google Payability Fees to see their advertised fees and compare it to our case study at sitelead net This is similar to a payday loan company and they have load of complaints with the BBB and everywhere else. They are just really good and reputation management (and hiding fees) Edit 2/16/2021: Per Payability's website and listing on Google, their financial services are simple, fixed, and a flat fee. This is simply not true. Here is the exact text from their Google listing and website: "Payability charges a simple, fixed flat fee typically between 1% and 2% of your gross sales. For example, if you are an Amazon Seller who qualifies for a custom fee of 2%, and your gross sales are $10,000 in a payment period, you will pay a $200 fee to receive daily, next day payouts." There is no confusion. I have audited over 4,000 transactions from Amazon including everything from canceled orders and returns to charge backs and it doesn't even come close to what they charged me for. Since the entire time I have sold on Amazon, I have never even sold as much in Gross sales as they claimed. Stay far away from this company. Also, I have not communicated my account information to Trust Pilot until after Payability's response so it's interesting how they would know the exact account this review is connected to.

Brandon Ellison did a great job very friendly explained with ease and was very happy with service and this service is better than PayPal thank you Payability for providing my bussiness capital.5 stars

Don’t let them lie to you they do go off your credit report

Fantastic quick team to help add some $$ to grow our business quickly!

Easy Peasy Fo Reasy I think that was more then 10 characters

Very easy to apply and the agent I worked with was great!!!

Payability significantly helps our business cash flow. Customer service is excellent. Russ (from Payability) is super fast in making the entire process, from application to approval. Thanks for such a great service.