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Chyp (Formerly Securus Payments) Review

    Rose Holman
  • UPDATED

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

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Date Established
2016
Location
Portland, OR
Rose Holman

Rose Holman

Writer
Rose Holman is a writer, blogger, and educator from Portland, OR with an MA in Teaching from Western Oregon University. She enjoys educating SMB owners about the complicated (and notoriously sketchy) world of payment processing. Since starting at Merchant Maverick in 2016, she has also added eCommerce software to her areas of expertise.
Rose Holman
View Rose Holman's professional experience on LinkedIn.



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3 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Heather Feinstein

    Chyp is a scam and unfortunately they’ve gotten the best of my small business as well. They’ve cost us over $5,000 in overcharges and non-existent equipment fees over the past year. Their lack of communication and ignorance after they’ve signed you up and drain your business funds every month is rather appalling. I will most likely be taking legal action against them very soon. I’m interested in knowing the current status and outcome of anyone else’s situation with them. Perhaps we can help each other in the battle against Chyp. Please feel free to email me at [email protected]

      Neil Burkholder

      I’ve had my own encounter with Chyp and can second it as a very poor solution.

      That being said you make it sound even worse than it is when you translate the 3.75% fee into a 37.5% fee by stating that a $10 item would cost $13.75. In fact the $10 item with a 3.75% fee would cost $10.35. 🙂

        Rose Holman

        Thanks for catching that math error, Neil! The figures have now been updated to $0.38 and $10.38 (rounding the 3.75% of $10 to the nearest cent).

        Comments are closed.

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