O2G Pay Customer Reviews

O2G Pay is a consumer-and-merchant payment platform operated by O2G LLC. According to the company’s Terms of Use, O2G acts as the merchant of record on all transactions and runs a directory of partner merchants for consumers to pay, listing restaurants, dental offices, and convenience stores as example categories. The same Terms identify two consumer-facing properties under the company — o2gpay.com and o2gcoin.com.

How the Platform Works

O2G allows consumers to fund payments to participating merchants either from a linked bank account through the ACH network or with a credit or debit card. For bank-funded payments, the company partners with the financial-services software firm Dwolla and its FDIC-member bank partners to move funds, a relationship disclosed in O2G’s Terms of Use. A separate Rewards program lets users earn reward points on their transactions that can be redeemed as cashback or applied to future payments.

Merchant Restrictions

O2G’s Terms of Use publish a prohibited-business list that bars several common high-risk verticals from using the platform, including marijuana and CBD in any form, gambling, adult services, debt collection, pay-day lending, weapons, unlicensed money service businesses, multi-level marketing, and privately operated ATMs other than crypto kiosks.

Platform Fee on Card Payments

O2G’s Terms of Use state that a 1 percent platform fee is added to the total amount when a consumer pays with a credit or debit card. Payments funded by ACH from a linked bank account are not described as carrying that same platform fee.

Rewards Program

O2G publishes a rewards schedule on its site. New users receive 7 percent back on their first bank-method payment transaction and 3 percent on all credit-card payments. Beyond that, consumers earn points at one of four tier rates based on the dollar value of their transactions in a calendar month: 4 percent at the Silver tier for less than 500 dollars in monthly transactions, 5 percent at Gold for 500 to 2,000 dollars, 6 percent at Diamond for 2,001 to 4,000 dollars, and 7 percent at Platinum for more than 4,000 dollars. The schedule also lists an annual reward-value booster of 0.25 to 1 percent depending on tier and referral-rewards points ranging from 2,500 to 4,000 per referral.

How Points Are Valued and Paid Out

One U.S. dollar is equal to 100 cash reward points, and points are redeemable as cashback, against future payments, or in the O2G deals section. The company’s Terms of Use state that rewards earned in a given month are credited to the user’s account 20 days after the start of the following month; the rewards page itself frames the same timing as the 15th calendar day of the following month, so the exact credit date can vary.

Website:o2gpay.com