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 Paymate are an Australian based company specializing in providing an online payment gateway system for individuals and small businesses based in Australia. They have a fast set up system that allows your business to start receiving payments in three minutes from start up. They currently accept buyers from 57 countries worldwide and both sellers and buyers are protected by Paymate’s risk management systems. They conform strictly to Payment Card Industry standards for credit card security as well as holding an Australian Financial Services License (No.290582).
With Paymate’s payment system, it is not necessary to have a merchant bank account as payments can be made directly into a bank account. The selling process is simplified to increase sales as buyers do not have to register and their payment system integrates easily into popular shopping carts and OSCommerce.
There is an option to share fees with your buyers or to absorb those fees yourself, making your prices more attractive to buyers. There is also the option to prepay fees to obtain a lower rate. You can also accept foreign currencies for a small fee and there are no refund fees. Fees vary on a sliding scale depending upon the monthly fee you agree to pay, as follows:
With no monthly fee, all credit card payments are charged at 2.4% up to a maximum $5,000 in a month.
With a monthly fee of $3.30 (which pays for the first $200 in credit card payments received) credit card payments over $200 are charged at 2.2% up to a $5,000 maximum in a month.
With a monthly fee of $33.00 credit card payments (over $2,000 received) are charged at 1.7% up to a $10,000 maximum in a month.
Payments Accepted: Online checks and major credit cards
Currency: Australian Dollars
Merchant Region Serviced: Australia
Entities Accepted: Individuals/Businesses. |
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