“CaribPay is a super convenient way for businesses to accept payments from customers. Unlike some other options out there, CaribPay doesn’t charge any setup fees, and the transaction fee is only 0.5%. Plus, you’ll get your money in your bank account within just 3 days.”
Fees
One of the other popular QR payment options is called JADCash. The big difference between JADCash and CaribPay is the transaction fee. With JADCash, you could end up paying anywhere from 1.5% to 3.5% per transaction, which can really add up if you’re doing a lot of business. CaribPay, on the other hand, keeps it simple and charges a low, flat rate of 0.5%.
CaribPay doesn’t charge any setup fees, so you can start using it right away without any additional costs. JADCash charges a setup fee that can be anywhere from $50 to $200, depending on where you’re located and what type of account you’re opening. If you’re a small business or just trying to keep your costs down, CaribPay is definitely the better option.
Payout times
CaribPay is also faster when it comes to payouts. With JADCash, it can take up to 5 days for you to get your money in your account, but with CaribPay, you’ll have your cash in just 3 business days.
Security
Another thing that sets CaribPay apart is its security measures. They’ve got a really solid system in place to protect against fraud and other issues, and they give you options to customize the look and feel of your payment page. JADCash also has security measures, but CaribPay’s system is more comprehensive and customizable.
Ease of Use
CaribPay is also just plain easier to use than JADCash. You don’t need any fancy hardware or software to get started, and the whole system is designed to be intuitive and user-friendly. JADCash is pretty user-friendly too, but CaribPay is definitely the simpler option.
In conclusion, if you’re looking for a fast, easy, and affordable way to accept payments from customers using QR codes, CaribPay is the way to go. They’ve got a lower transaction fee, faster payouts, better security, and a simpler system than JADCash. Plus, they don’t charge any setup fees, so you can start using it right away without breaking the bank.
