Reviews

CryptoBucks Review

June 13, 2022

CryptoBucks empowers businesses to accept cryptocurrencies, such as Bitcoin, Litecoin, and Ethereum. The system can instantly convert the cryptocurrency payment into dollars. More than that, the company can also process traditional payments such as debit cards, credit cards, checks, and cash. CryptoBucks has a state-of-the-art point-of-sale (POS) device and software with built-in Wi-Fi, 4G, GPS, and NFC technology.

If your business already has existing equipment, you can upgrade, exchange, or integrate CryptoBucks. The team can reprogram the equipment to start accepting cryptocurrency and allow customers to pay however they like, including EMV, NFC, Mag Stripe, PIN debit, and gift cards.

CryptoBucks is proud of what it can bring to the table:

  • Manage inventory
  • Boost sales and cut costs
  • Secure payments
  • Speedy checkout
  • Fast deposits
  • Contactless payments

logo-of-cryptobucks

   

It provides payment gateways, POS devices, crypto payment systems, and many more. The company is also a high-risk payment processing service provider. CryptoBucks specializes in customizable innovative payment solutions that can bring your business to new heights.

 

CryptoBucks Merchant Services

Credit Card Processing

Businesses need to start accepting credit card payments as soon as it opens. Without card payments, companies will have a hard time expanding their market and increasing sales. CryptoBucks can accept most cards, such as Visa, Mastercard, AMEX, and Discover.

High-risk Payment Processing

CryptoBucks can also process payments for high-risk industries. These are the types of businesses it can work with:

  • Federal, state, and government agencies
  • Health and fitness
  • Home and repair
  • Medical practices
  • Travel
  • CBD
  • Nutraceuticals
  • Online gaming
  • Online dating
  • Adult novelties
  • Vape and cigarettes
  • Jewelry
  • Direct marketing

Cryptocurrency Payments

CryptoBucks is unique because it accepts cryptocurrency. Merchants can start processing crypto payments and convert those into dollars via the app. The setup is easy, and the software can be integrated into various devices and platforms. It can accept Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and XRP Ripple.

Mobile Payments

CryptoBucks can also provide mobile and handheld terminals, such as the PAX A920, PAX A60, and PAX A80. This means businesses can accept payments no matter where they are. These devices will enable them to join trade shows and exhibits and receive orders and payments from clients off-site.

 

CryptoBucks Fees, Rates & Pricing

Processing Fees

The CryptoBucks is free to download. Once you have set up an account through the app, you can choose two different plans:  retail in-person and online e-commerce. For in-person transactions, the fees are 1.90% plus $0.30 per transaction. For online, it is 2.70% plus $0.30 per successful transaction.

 

There is no monthly fee, recurring billing fee, invoicing, or equipment lease. The fraud protection fee is $10 a month.

cryptobucks-processing-fees

Additional Fees

CryptoBucks has additional fees. These are as follows:

  • Monthly gateway fee – $25
  • Fraud detection monthly – $10
  • Recurring billing monthly – $10
  • Customer care storage monthly – $10
  • Chargebacks – $15
  • International and commercial cards – 1.00%
  • Buy now pay later – to be determined
  • ACH payments – 1.50% + $0.30

You can get the add-ons as a bundle with a $39.95 discounted price. For that, you will get a payment gateway, fraud detection, recurring billing, and customer care storage.

Merchants can have the pricing customized, too. CryptoBucks offers discounts for volume, enterprise solutions, and interchange-plus pricing.

Hidden Charges

CryptoBucks says it is fully transparent and has no hidden fees.

 

CryptoBucks Complaints

There are no significant complaints about CryptoBucks. At least one customer review of the app questioned the need to divulge personal and financial information upon signing up.

 

Rip Off Reports

There are no rip-off reports about CryptoBucks.

Other Complaints

There are no other complaints about CryptoBucks.

 

CryptoBucks BBB Rating

CryptoBucks is not listed with the Better Business Bureau (BBB). It is not accredited and rated by BBB as a payment processing solution provider.

The BBB is an association that accredits and rates payment processors based in the United States, Canada, and Mexico. Many merchants check the BBB website before partnering with a payment processor to ensure the company’s legitimacy. However, it should be noted that BBB is not the only group that accredits payment processing companies.

BBB Reviews

There are no reviews about CryptoBucks on the BBB website.

 

Is CryptoBucks Legitimate?

Although CryptoBucks is not listed on the BBB website, it has a well-updated website. It also has a profile page on Twitter that’s been up since May 2013. It has more than 12,000 followers on its social media page. The last update was on Feb. 18, 2022. Upon further inspection, the company replies, tweets, and retweets Twitter content.

ScamAdviser cannot access the website, so it cannot determine if it is a scam or not. But from what can be found on the internet, the company looks legitimate enough and widely used in the cryptocurrency industry.

Scams

There are no scam reports about CryptoBucks.

cryptobucks-has-no-scam

Lawsuits

No information says CryptoBucks is facing any kind of lawsuit.

 

CryptoBucks Customer Reviews

Unlike other high-risk payment processing solution providers, CryptoBucks does not publish client testimonials on its website. There is also no mention of it on common review sites. It does not have a Facebook page where customers can leave testimonials, recommendations, and reviews.

However, its app page on Google has several reviews. Some merchants said the app has a clean interface. Some say it is the easiest way to accept cryptocurrency for any business. One reviewer said the CryptoBucks app should be more upfront about asking for banking information. The review also noted glaring grammar errors in the app’s description and the frequently asked questions (FAQ) section.

 

Conclusion

It is difficult to recommend CryptoBucks when there are not many online reviews about it. Customers are not leaving reviews about the app, making it hard to rely on what the company’s website says. However, there are no complaints or scam reports about the app. It also has a downloadable app that you can remove whenever you want. So far, the app has been downloaded more than 100 times.

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