Key Data

• Trading Name: Yapstone
• Legal Entity: Yapstone, Inc./Yapstone UK Limited A/Yapstone Canada ULC
• Activities: Online and mobile payment solutions
• Location: USA
• Regulations: regulated
• Key People: Maria C. Segovia (Chief Compliance Officer)

Overview:

Yapstone is a global provider of online and mobile payment solutions, specializing in payment technologies for platforms and marketplaces. With over 24 years of industry expertise, Yapstone has built a reputation for innovation and reliability. The company’s mission is to make payment processing as easy and seamless as possible for property managers, online travel agencies (OTAs), and booking platforms in the vacation rental industry. Yapstone facilitates the entire payment transaction from beginning to end, integrating seamlessly with leading vacation rental software providers.

Offering:

Yapstone provides online and mobile payment solutions, specializing in payment technologies for platforms and marketplaces. Their services include payment processing, fraud prevention, and financial management for property managers, online travel agencies (OTAs), and booking platforms in the vacation rental industry.

• Single Integration: Yapstone offers a single integration solution that allows property owners, booking platforms, and hosts to accept online payments, automate payments to owners and vendors, detect and prevent fraud, manage disputes, enable seamless onboarding, improve conversions, and monetize transactions flowing through their platform.
• Customizable Payment Solutions: Yapstone provides customizable payment solutions tailored to the unique needs of vacation rental businesses. Whether it’s recurring billing, installment payments, or other payment options, Yapstone adapts to specific requirements.
• Simplified Billing & Fees: Yapstone offers competitive transaction fees and flexibility in managing transaction costs. Different fee models across various payment channels align with reconciliation and billing processes.
• Improved Financial Management & Reporting: Yapstone’s real-time financial data integration helps manage cash flow and make informed decisions. The free reporting suite allows easy access to transaction activities, statements, and deposits.
• Enhanced Security: As a Level 1 PCI-compliant service provider, Yapstone ensures robust security measures, including tokenization and encryption, to prevent fraud and data breaches.
• Superior Payment Experience: Features like advance pay and recurring billing enhance the payment experience, increasing customer satisfaction and loyalty.
• Efficient Chargeback Management: Yapstone boasts the lowest chargeback rates in the industry, with an impressive win rate of over 78%.

People:

• Maria C. Segovia (Chief Compliance Officer): Responsible for managing Yapstone’s global compliance programs, AML/CTF programs, government sanctions, regulatory reporting, anti-bribery/anti-corruption, information security governance, and risk program.

Industry Reputation:

• Yapstone has a proven track record of success, partnering with leading reservation management software companies to provide seamless integrations to property managers and homeowners.
• The company’s chargeback team effectively fights chargebacks, protecting revenue for its partners.

Costumer Review

Trustpilot: 2.8 Stars with 50+ Reviews

Google: 2,1 Stars with 40+ Reviews

News:

• Yapstone has raised $71 million in Series C funding and acquired Emergent Payments, expanding into new geographies.

Regulation

• Jurisdiction: Yapstone operates within the regulatory framework of the United States.
• Payment Industry Regulations: Yapstone adheres to payment industry regulations, including the Payment Card Industry Data Security Standard (PCI DSS) to ensure secure payment processing.
• AML and KYC: Yapstone complies with anti-money laundering (AML) and know your customer (KYC) requirements.

Conclusion

Yapstone knows compliance technically all necessary information such as license, legal entity and key people, but due to rather poor customer reviews we rate Yapstone to ORANGE.