Bolt provides e-commerce businesses of all sizes with an online payment processing and sales transaction platform, and a streamlined checkout procedure that’s quick and easy to use. It’s a great all-in-one platform that helps companies enhance conversions and sales while decreasing the number of carts that are left unattended.
Bolt integrates with 44 third-party apps, such as BigCommerce, Volusion, Woocommerce, PayPal, Stripe, and many others, which makes it stand out from other similar solutions.
Let’s explore it in more detail, starting with its cost.
Sections
Prices/Fees
The price for using Bolt is not specified, so you’ll need to message the company’s representatives directly, while the fees depend on the specific services used. There are three types of fees, so let’s take a more detailed look at them.
1. Bolt Checkout Fees
Using Bolt’s checkout experience incurs the following fees.
This fee will be charged after authorisation, once per transaction.
2. Processing Fees
Processing fees are used to pay the costs that are incurred during the processing and authorisation of a transaction using Bolt Checkout.
When payments are collected, the processing costs are levied, and the amount of the fee is proportional to the transaction value. If there are several captures for each transaction, it’s possible that they will be assessed more than once.
3. Add-On Fees
These charges cover the expenses of the add-ons and services provided by Bolt that are utilised by your business.
The add-on fee applies in the following two scenarios:
- Upon authorisation, a charge is made for both the Fraud Prevention Fee and the Fraud Scoring Fee. Once per transaction, you will be responsible for paying the full amount of the charge.
- Integration fee is a one-time cost that should be paid at some point throughout the process of implementation.
In some cases, Bolt offers a fee refund.
When you use Bolt Payments as a merchant, the majority of the costs will be settled daily in your financing reports. Email invoices will be sent out for one-time costs, such as an integration charge, for example. The fees for employing the gateway processing model (processing fees) are billed on a monthly basis and sent to merchants via email.
Benefits of Using Bolt
Let’s take a look at the many services Bolt provides, as well as the benefits you’ll receive from using them.
Bolt One-Click Checkout
Shoppers can benefit from Bolt’s one-click checkout by saving time on re-entering payment processing information when making a repeat purchase. All shoppers need to do is enter the verification code to authenticate their identity. To complete the purchase, the shopper simply presses the button labelled “Checkout,” and the purchase is finalized.
Shopper Dashboard
A Shopper Dashboard serves as the command centre for everything related to Bolt. Shoppers can take control of previously stored addresses and forms of payment, take care of account details, and look at their purchase history.
Shopper Assistant
When shopping at a qualified retailer, the Shopper Assistant will provide you with individualised ideas. Based on previous searches and interests, Bolt’s shopper assistant helps shoppers find products and services that they’ll be drawn to.
Integrations
Because Bolt is compatible with the technology you already have and can be linked right into your website, getting started with it is simple. As of the time this article was written, the platform offers a total of 44 different integrations, making it possible for users to make use of their payment gateway, trolley, or other services.
Bolt’s partner payment processor companies:
- Adyen
- Braintree
- Stripe
- Cybersource
- NMI
- Authorize.net
- CardConnect
- checkout.com
- PayPal
- PayPal Payflow Pro
Bolt’s integration features work with the following e-commerce platforms:
- BigCommerce
- WooCommerce
- Adobe Commerce
- Sales Force
- Volusion
Bolt’s APMs:
- PayPal
- Affirm
- Sezzle
- Klarna
- Afterpay
- Apple Pay
- Amazon Pay
Bolt’s checkout support partners:
- Shippo
- Ship Station
- Sourcify
- Shipwire
- Route
- Bluecore
- Shipmonk
- Bread Financial
Bolt’s tax partners:
- Tax Jar
- Sovos
- Avalara
- Vertex
Bolt’s discount partners:
- Voucherify
- Snipcart
- Talon.One
Bolt’s gift cards partners:
- Givex
- Blackhawk
- Cash star
- Ordergroove is a subscription partner.
Bolt’s email marketing partners:
- Mailchimp
- Oracle Netsuite
- Cordial
- Klaviyo
Bolt’s loyalty and personalisation partners:
- Bluecore
- PAR punchh
- smile.io
- ReferralCandy
- yotpo.
Bolt’s ERP partners:
- SAP
- Sage
- Brightpearl
- Oracle
APM
Application performance management (APM) software is a monitoring tool that helps businesses track and optimize the performance of their payment processing applications.
Some of its key features include:
- Real-time monitoring
- Transaction tracing
- Performance metrics
- Alerts and notifications
This gives businesses a better insight into the performance of their payment processing applications, which enhances customer experience and helps the business scale.
Receiving Payments
When it comes to receiving payments, funds normally become ready two business days following the original online purchase.
Making Payments
Credit/Debit Card
When you shop on the Bolt merchant network, you can pay with any debit or credit card of your choosing. Bolt will remember your billing information after you have submitted it for the first time, and when making further purchases with Bolt, you will not be required to re-enter your card information, your delivery address, or choose the card that you wish to use.
PayPal
Connecting your PayPal account can be done using Bolt’s PayPal integration.
Afterpay
Their connection with Afterpay allows you to link your Afterpay account and make payments in instalments over the time span.
Salesforce
Payment processing, complete PCI compliance, mobile optimization, and fraud prevention are all integrated into Bolt as standard features. For online merchants, this means offering a shopping experience of premium quality while reducing a significant amount of operational expenses.
API
On the following link, you will find a complete reference guide for the Bolt application programming interface (API), including how to deal with orders, transactions, subscriptions, testing, and configuration, amongst other things.
Extra Care On Customer Support
The Bolt Support staff can be reached Monday through Friday by email, support articles, or through the filing of service requests.
Company History
Bolt was established in 2014 with the goal to create a more efficient way for businesses to receive payments. At first, their primary focus was on creating a better online checkout experience for e-commerce businesses. Later on, they also added user-friendly in-store and mobile payment solutions, as well as fraud prevention and chargeback management tools.
Through the years, Bolt has received recognition from the following companies:
User Reviews
We have found that Bolt has high user ratings, which are as follows:
- G2 users rated Bolt 4.6 out of 5 stars.
- Software Advice users have rated Bolt 4.91 out of 5 stars.
- Capterra rates Bolt with 4.9 out of 5 stars.
Bolt User Reviews
Review Summary
Recent Reviews
There are no reviews yet. Be the first one to write one.