Online Payments for Many Different Sectors
Founded in 1999, YapStone is a global merchant account provider offering cloud-based web and mobile payment processing. Formerly known as “Paymerica,” Yapstone primarily offers payment processing solutions for property managers. Most notably, the company is a payment processing partner of growing vacation rental platforms like Homeaway and VRBO. There is some evidence that the company is an ISO of Chase Paymentech. YapStone offers multiple variations on its RentPayment processing platform, including VacationRentPayment, HolidayRentPayment, StorageRentPayment, InnPayment, DuesPayment, and ParishPay. In 2019, YapStone partnered with Priority Technology Holdings (Priority), a leading provider of merchant-acquiring and commercial payment solutions.
Yapstone Payment Processing
Yapstone process payments for travel and retail businesses specifically, processing all major credit cards, e-wallets, ACH, check-scanning, and cash by phone, mobile app, or text. They also offer loyalty programs, e-commerce solutions, processing of over 140 currencies, real-time payout, anti-fraud tools like step-up authentication and AVS and CVV checks, PCI and PSD2 certification, money transmitter licenses in required states and territories, payment reporting and analytics, and fully automated verification of individuals and businesses, including KYC, AML sanctions screening, and identity verification. They also offer customer support by phone or email in English, Spanish, German, French, Italian, Portuguese, and Dutch.
Yapstone Location & Ownership
Yapstone is located at 2121 N. California Boulevard, Suite 400, Walnut Creek, California, and is a registered ISO/MSP of Wells Fargo Bank NA in Walnut Creek, California. Tom Villante and Matt Golis are co-founders while Frank Mastrangelo is listed as the current CEO of YapStone.
Yapstone Review Table of Contents
- Costs & Contract: YapStone appears to offer variable contract terms and pricing with strict cash reserve and chargeback policies.
- Complaints & Service: YapStone has received more than 200 public complaints.
- BBB Rating: YapStone (as Vacation Rent Payment) has an “A+” rating with the Better Business Bureau and has received 32 complaints and 7 reviews in the past 3 years.
- Sales & Marketing: YapStone does not appear to hire independent sales representatives and has not received any complaints about its sales practices.