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Fasterpay Ltd
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Fasterpay Ltd

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Trustpilot Rating

Reviews 54

Average

★★★★★

(3.1)

3.8

Entity type

Merchant Acquirer

Client type

Business

License

900681

Country

1

United Kingdom

Year

"2012"

Employee Count

51-200

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Services

API integrationCard processing solutionsMass Payouts
3.8

Total Score

Pricing of the services

4

Social media presence

4

Popularity of the service

3

Onboarding difficulty

4

Support quality

4

About Fasterpay Ltd

Fasterpay Ltd is an electronic money institution focused on payment processing solutions. Fasterpay Ltd offers business e-wallets, payment acceptance to business entities, sole proprietors, natural persons. In 2019 Fasterpay Ltd had total assets of 5.38 mln GBP. Incorporated in the United Kingdom, Fasterpay Ltd is authorized and regulated by the Financial Conduct Authority.

Pricing

MDR

2.7-3.9% + 0.30 USD

Settlement Fee (SEPA)

5 EUR

Settlement Fee (SWIFT)

20 EUR

Refund Fee

20 EUR

Currency

  • EUR

    (Euro)

  • GBP

    (British pound)

Additional Information

  • Accepts businesses working in Dating, SaaS, iGaming and Travel & Hospitality.

Trustpilot reviews

SP

May 25, 2022

Impossible to Use.

Tried to make two transactions through this company. First was fine, however a few weeks later I attempted the second. Account has been suspended for no apparent reason and to use the service again I am asked to provide personal information the likes that would make a scammer blush. I refuse to pre-package an identity theft incident to conduct a transaction with this company and I would not recommend this service to anyone.

SO

May 24, 2022

Prompt customer Response

Their customer service response is prompt and any issue is quickly resolved. The transactions have become faster than before and the commission per transaction is also fair 👌🏽. Great App

GI

May 12, 2022

A question to fasterpay

hello good day, i just found this platform, because I am trying to get to a customer care representative from fasterpay but no one is answering, since this writing. I am not here to give a bad review because this platform seems promising. the reason I am writing a review is because it seems fasterpay replies on here. my question is, how long does it take to for my account to be confirmed after sending in the required information. I look forward to doing business with your company

BL

May 9, 2022

Maybe the next big thing.

Well this is new i finally got verified after all the documents i uploaded to them, so the security is at top here and this could be finally be a alternative to paypal i hope. i'm happy with it since its easy to get support if needed and the website also app is easy to navigate and its a has fresh look also. So i hope steam will support this.

MS

May 7, 2022

This app is underrated

This app is underrated. I think, they are in the startup phase and expanding quickly. They obviously respond a bit lately. But, they are polite and try to understand. I think they would be a good alternative to Wise or PayPal. Just give it a try. Furthermore, I would suggest you guys change your branding. Your logo is not good enough and it has become a trust issue. That's my personal opinion.

MA

Apr 22, 2022

Don't fall for the bad reviews. at least give it a try, you won't regret.

Hi, My name is Md Azizul. I don't know why people are giving bad reviews when fasterpay is providing excellent features and services. Yes, their general support team is slow but the verification team and the process is pretty fast and polite. I got fully verified within a day and ready to make unlimited transactions. Fasterpay is the best alternative to Wise (Transferwise).

HN

Apr 21, 2022

Good customer service!

Thank you so much and I appreciate you always getting back to me so promptly! If I ever need to use your services again I will feel comfortable. Good customer service!

Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.

On this page, you can see a detailed review of Fasterpay Ltd Acquiring with reviews from real users and our experts. Fasterpay Ltd provides the following services: API integration, Card processing solutions, Mass Payouts.

At the moment, Fasterpay Ltd rating on Finscanner is 3.8 and on Trustpilot is 3.1.