8.5
SpotScore
PaySpace Review: Is It The Right Payment Gateway Software For Your Team?
Best for SMB teams · Mid-market · Enterprise
GDPRPaySpace offers custom pricing plan
Overview
Pricing
Features
Buyer feedback
Alternatives
Security & Compliance
Support
FAQ
Blogs
Spotsaas Analysis for PaySpace
PaySpace at 4.2/5 from 23 reviews and SpotScore 8.5 serves large enterprises and high-risk businesses that need reliable payment processing with fast integration. The platform handles payment receipt workflows and reduces onboarding delays through streamlined setup. Customer support responds quickly to implementation questions. Integration timelines can extend beyond initial estimates, affecting deployment schedules for some organizations.
Payment gateway software processes transactions and manages payment workflows for businesses that cannot use standard processors. The primary benefit is enabling high-risk merchants to accept payments where traditional gateways decline them.
Quick picks:
What is PaySpace?
PaySpace is a PCI-compliant payment gateway built for high-risk merchants in sectors like CBD, online gambling, and nutraceuticals that face rejection from standard payment processors. It routes transactions through acquiring banks that specialize in high-risk verticals, though document verification typically takes 3-7 business days and fees compound at higher transaction volumes.
Pricing
PaySpace offers custom pricing plan
Best For
Suited for solo users, small teams, SMBs, and enterprise
Security & Compliance
GDPRData residency:Global
PaySpace was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider PaySpace
- Team types
- Freelancers / Consultants, Large Enterprises
Why teams choose PaySpace
Real-time reporting provides valuable insights for merchants.
PCI compliance ensures secure transactions for users.
User-friendly interface simplifies payment management.
Is PaySpace right for you?
What buyers should know before shortlisting PaySpace
PaySpacelv processes payments for high-risk merchants in CBD, online gambling, and similar verticals. Before shortlisting, verify that your business category is on their approved list—the platform explicitly declines some sectors.
Check processing fees against your transaction volume; PaySpacelv charges per-transaction rates that compound for high-volume sellers. In demos, ask specifically about chargeback dispute resolution timelines and which acquiring banks they route through, as this affects settlement speed and dispute outcomes.
Document verification typically takes 3–7 business days. If you need faster onboarding, confirm turnaround with their support team before committing.
Integration is available via API and hosted payment pages; test their sandbox environment with your payment flow to catch any gaps before going live. PaySpacelv's approval rates are high for their risk tier, but this depends on accurate merchant category coding—misclassification can trigger manual review or account suspension.
Chargeback protection is included but not automatic; you must submit disputes with documentation within their stated window. Review their chargeback fee structure in the contract—some processors charge per dispute on top of the chargeback itself.
Ask whether they offer negative balance protection or if you're liable for chargebacks that exceed your reserve. Settlement frequency varies by risk profile; confirm whether you receive daily, weekly, or monthly payouts before signing.
PaySpace pros and cons
- PaySpace pros
Real-time reporting provides valuable insights for merchants.
PCI compliance ensures secure transactions for users.
User-friendly interface simplifies payment management.
- PaySpace cons
International payment options may be limited.
Transaction fees can add up over time.
Ready to try it?
Get started with PaySpace
Connect with the team for a personalised demo.
Still comparing?
See how it stacks up
Compare PaySpace side-by-side with top Payment Gateway Software alternatives.
What is the pricing of PaySpace?
PaySpace uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.
PaySpace Pricing Plans
Weighing your options?
Not sure if PaySpace fits your budget?
PaySpace reviews and ratings
Buyer sentiment
Buyer sentiment is positive across 35 reviews, with strong overall satisfaction.
What buyers like
- Reliable and stable service for receiving payments, with competent and polite customer support.
- Fast and smooth integration process, vital for high-risk businesses.
- Responsive customer support team, providing assistance in a timely manner.
Common complaints
- Integration time can be lengthy, requiring improvement for faster onboarding.
- Limited marketplace options for additional apps and connectors, limiting advanced functionalities.
- Some issues with support responsiveness and handling of promised features can cause frustration for users.
Are you using PaySpace?
What users are saying
TW
Theodore Walton
02/09/21
good experience
For CBD business, we have worked with the PaySpacelv company for more than 2 years, with an annual turnover of about 250,000 euro. What can I say: 1) ...
Read more
HG
Hani Ghaith
11/28/20
Do not approach this company.
Do not approach this company.Don't be fooled by the positive comments covering up the old negative comments.I sent them all of my company documents, ...
Read more
J
Josh
09/15/20
I’ve been a client of another company…
I’ve been a client of another company but I wasn’t satisfied with the quality of the service. Things are different with PaySpace. I want to highlight ...
Read more
JN
Jayson Newman
08/20/20
I’m relatively new to this service
I’m relatively new to this service. Since I run a high-risk business, it was hard to find a decent solution with acceptable fees. However, I’m ...
Read more
PA
Pavel Andreev
08/19/20
I am new to the online business world
I am new to the online business world. However, after a friend referred me to PaySpace, I got to expand my business. It took me a while to gather all ...
Read more
GS
George Sanders
08/17/20
Customer support is very reliable
Customer support is very reliable. Whenever I get confused about something, managers respond fast, explaining everything in simple words. After the ...
Read more
- See if PaySpace fits your business
- Real pricing — no sales pressure
- A demo or quick answers, your call
Step 1 of 4
How big is your team?
We tailor recommendations to companies your size.
What are the features of PaySpace?
Invoice payment is a crucial feature of any software system that is designed to simplify the billing process and enhance overall efficiency.…
Payment made with a portable electronic device such as a tablet or cell phone for a product or service is known as Mobile payment. Mobile pa…
Multiple Currency Processing is a software feature that allows users to transact and record payments in currencies other than their own dome…
Point of Sale (PoS) transactions are electronic payments made by customers for goods or services at a physical retail location. This feature…
Recurring billing is a software feature that allows businesses to set up automated, recurring payments for their products or services. With…
Saved cards, also known as stored payment methods, are a convenient feature found in various software applications that allow users to secur…
Website Payments is a feature that allows users to conveniently make and receive payments online through a website. This feature is widely u…
PaySpace security and data handling
Key compliance certifications and security features for IT and security teams evaluating PaySpace.
Certifications
Security features
Developer & data
Alternatives to PaySpace
PaySpace Support Options
Frequently Asked Questions About PaySpace
Common questions buyers ask before choosing PaySpace.
PaySpace is a Payment Gateway Software. PaySpace offers Invoice Payment, PoS Transactions, Multiple Currency Processing, Recurring Billing, Website Payments and many more functionalities.
Buyers commonly note the following limitations of PaySpace: International payment options may be limited.; Transaction fees can add up over time.; Customer support response times may vary..
Some top alternatives to PaySpace includes Opayo, MagicPay, PaymentSpring, UniPay Gateway and aPay Payment Gateway Systems.
PaySpace offers Quotation Based pricing model
The starting price is not disclosed by PaySpace. You can visit PaySpace pricing page to get the latest pricing.
Ready to try it?
Get started with PaySpace
Get connected with the team for a personalised demo.
About the reviewer
Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.
Payment Gateway Software by Country
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].