OPINION: BlueSnap is predominantly a Payment Facilitator (PayFac) and occasionally a merchant of record (MoR). The company has established itself as a leader in the PayFac segment and has grown steadily under new management. BlueSnap is fully licensed for PayFac operations in Israel, Latin America, and Australia in addition to the US and Europe. It also provides merchants with a Payment Gateway only option. The solution supports a broad array of integrations with other commerce platforms, billing, subscription engines, and fraud/chargeback management solutions. BlueSnap was an early adopter of the mobile payment experience including Apple Pay and several APIs, providing its customers with a frictionless commerce experience. The company relies primarily on an online self-service channel and has been expanding its partner network.
USE CASE: Small and mid-size companies with $5 million to $500 million in revenue looking for a consistent payment platform across payment methods and currencies.
COMPETITORS: 2Checkout, cleverbridge, FastSpring, PayPal, PayPro Global, Stripe