Digital transactions have become a staple in the global economy, enabling businesses and consumers alike to interact across continents through various payment methods. One platform facilitating such interactions is BlueSnap – an all-in-one payment solution which enables businesses to accept payments online – however if you find a charge from BlueSnap on your credit card statement it could raise some concerns:
What exactly is BlueSnap, why it charges my card and is it safe? In this article we’ll go over its charges, legitimacy as well as what to do should an unexpected charge appears on your credit card statement.
What Is BlueSnap?
BlueSnap is an worldwide Payment service supplier (PSP) designed for businesses that require payments online. The platform provides services for a variety of sectors, such as online commerce, SaaS (Software as a Service) as well as subscription services and a host of other services. BlueSnap allows businesses to handle transactions across multiple currencies, which makes it a perfect solution for international businesses.
The platform offers a wide range of functions, including:
- global payment processing: BlueSnap permits businesses to take payments from more than 100 countries. Additionally, it accepts more than 110 payment methods.
- Security against Fraud: The platform integrates sophisticated fraud detection tools so that consumers and businesses are secure.
- Integrated Payment Solutions: BlueSnap’s system is able to be integrated into mobile apps, websites and even marketplaces. This gives companies the flexibility to accept payment.
While BlueSnap is usually employed by companies, consumers might encounter the charges of BlueSnap in their statements for credit cards particularly if they’ve bought the product or service from a retailer who uses BlueSnap in their transaction gateway.
Why Do You See a BlueSnap Charge?
If you’ve seen an BlueSnap debit on the credit card you have it could be because of a variety of causes. The most frequent situations are:
Purchase made from the Online MerchantThe most straightforward reason to charge the BlueSnap fee is when you have bought something via the internet or a service provider that relies on BlueSnap to process transactions.
Many businesses, especially those operating globally use payment gateways like BlueSnap to process transactions efficiently and safely. If you’ve recently completed purchases from a store that you’ve never before encountered it could have been using BlueSnap for their processing of payments.
Subscription Services
BlueSnap also supports recurring payment that make it popular with subscription-based services such as SaaS platforms and streaming digital services as well as online courses.
If you’re a subscriber to the service and have created automated monthly or annual payments and the charges be listed as “BlueSnap” instead of the name of the merchant when you check your statements. It’s worth looking over your accounts to confirm that the amount you pay for is in line with the service that you’ve opted into.
Trial Period Ended
Certain services offer trial trials for free that can be converted into paid subscriptions at any time if you don’t cancel before the trial expires. These services typically utilize BlueSnap to process subsequent payments, which could cause a charge to your credit card.
International Purchases
BlueSnap is a specialist in international transactions. If you’ve bought products from a seller in another country, your transaction could be handled by BlueSnap in particular in the event that the business is globally-based. This is the case for digital services such as software subscriptions or even physical items purchased from outside the country.
Mobile App Purchases
Certain mobile apps and in-app purchases could make use of BlueSnap for payment processing. It’s not uncommon to find the BlueSnap cost for apps that are internationally available, or if the developer utilizes BlueSnap to be their account merchant service.
Identifying Legitimate BlueSnap Charges
Although unanticipated charges are frightening, it’s important to determine if the charge is genuine. Here are some steps to determine whether you believe the BlueSnap debit on your card’s account is legitimate:
Review Your Purchases Recently Check your purchase history and go over your recent online transactions. Be on the lookout for merchants that you might not immediately recognize for using BlueSnap. A lot of companies have their brands listed prominently on their sites, however they utilize distinct third-party payment processors to manage transactions.
Verify Your Email Find confirmation emails of purchases made recently. The retailer or service provider might have sent either an invoice or a receipt following the transaction. This usually contains information regarding the payment processor that was used. This could assist you in tracking the payment all the way to BlueSnap.
Search for subscription renewals Are any of your subscriptions been recently renewed? If you’re using services which charge you on a monthly, quarterly or annually, look over the terms to determine whether they’re making use of BlueSnap to process payments.
Call the Seller If you’re unable to figure out the charge, you should contact the seller directly. Many online merchants as well as service suppliers have customer support groups which can assist in clarifying the specifics of the transaction.
What to Do If You Don’t Recognize a BlueSnap Charge
If, after completing the steps above, but you’re not able to pinpoint the amount charged, you could be facing a problem like the mistake of charging, duplicate charges or a fraud. What you need to do:
Contact BlueSnap Directly
BlueSnap offers BlueSnap offers a customer service team which can assist you in resolving issues or discover unidentified charges. Give them the details of your transaction, including the amount of the transaction, the date, and any other pertinent information you can find on your statement. They are expected to trace the charge to the merchant and solve any confusion.
Refute the Charge the credit card issuer
If you’re not able to resolve the issue using BlueSnap as well as the retailer, the second step should be to file a dispute of the charge with the credit company. The majority of credit card companies offer fraud protection services in case they find that the charge was not authorized and they reverse the transaction and refund the amount.
Monitor Your Account for Further Unauthorized Charges
If you’ve not been able to find the BlueSnap charge be sure to keep an eye on the account to see if there are unanticipated charges. It could be that your card information was compromised and the transaction is part of larger investigation into fraud. You should consider cancelling your card and then requesting a fresh one to stop any more unauthorized charges.
BlueSnap’s Role in Fraud Prevention
Although it is possible for fraudulent transactions to happen via any payment service, BlueSnap has integrated sophisticated security and fraud prevention techniques to reduce the chance of being a victim. For consumers, this means transactions made with BlueSnap are usually secure as well as the business is striving to block fraudulent transactions on its platform.
A few of the fraud prevention strategies employed by BlueSnap includes:
- Machine Learning Algorithms These algorithms look at transactions in real-time, allowing them to detect and block suspicious activities.
- 3D Secure Authentication: A lot of BlueSnap transactions make use of 3D Secure, an added layer of security that demands cardholders to authenticate themselves prior to when an order is processed.
- Complete encryption of data: BlueSnap encrypts sensitive payment information which makes it very impossible for criminals to access and use.
However there is no guarantee that a system will be foolproof. If you’re concerned about fraudulent charges, you must take action quickly by following the procedure listed in the previous paragraphs to solve the problem.
Preventing Future Unrecognized Charges
After you’ve cleared the BlueSnap charge There are several actions you can take to ensure that you don’t have any unapproved or fraudulent transactions from happening again:
Keep track of your Subscribers You can easily forget about the various subscription services that you’ve signed-up for particularly those that renew on different intervals (monthly and quarterly, or annually). It is a good idea to check your subscriptions frequently and cancelling any services you don’t need. This will also assist you in avoiding unexpected costs due to free trials becoming paid plans.
Utilize a secure Payment Method Think about making use of credit card virtuals or services such as PayPal which provide an additional layer of protection to online transactions. These services help safeguard your personal credit card details from being sold directly to merchants.
Set up Alerts Numerous credit card issuers provide the option of setting an alert for each transaction. In addition to receiving alerts for every transaction made to your account, you are able to quickly identify and rectify any transactions that have not been recognized.
Check Your Statements Frequently It is a good idea to look over your credit card statements each month. Being able to spot unauthorized charges earlier will allow you to take action prior to the issue getting out of hand or worsens. It can also help you resolve disputes more efficiently.
Use Fraud Protection Services A lot of financial institutions as well as credit card companies provide fraud protection services which monitor the account to detect suspicious transactions. Certain companies will even stop your account for a short period of time if they spot something that appears unusual. Although these services could be a hassle in the event that they misrepresent legitimate transactions, they can provide a an enormous amount of security in the event of fraud.
If you do notice an BlueSnap account on your statement of credit but are unable to recognize it, you must immediately identify the origin. The majority of the time the charge is linked to an authentic purchase or subscription. If you suspect fraud or are unable to find the transaction, don’t hesitate contact BlueSnap’s customer service or your credit card provider to solve the issue.