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Diploma in Website Development (SWAN TAFE) Blog

Payment gateways and Merchant gateways

October 11th, 2005 · 2 Comments
eCommerce




Part of any eCommerce site is the payment by a cleint for the goods or services you are providing.

In this article we list some of the possible merchant and 3rd party gateways that are available. To start of, here are three for each:

Merchant Gateways

3rd Party Payment Solutions

Others are listed as comments to this story, complete with their URLs.

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2 responses so far ↓

  • 1    Ludo // Oct 11, 2005 at 3:18 pm

    Merchant Account: http://www.charge.com/

    Features:

    Service
    Industry Standard
    Charge.Com

    Merchant Account Application Fee

    $95-$250Non-Refundable
    FREE

    Setup Fee
    $49 – $150

    FREE

    Internet Credit Card Processing Software with Web Terminal
    $195-$495
    FREE

    Annual Fee
    $50 – $150
    FREE
    –>

    Checks by Web, Phone, and Fax:Allows you to accept checks via the Internet, phone, or fax.
    $300
    FREE

    Web Shopping Cart
    $300
    FREE

    Programming Charge

    $50-$95
    FREE

    Shipping and Handling Charge
    $20-$35
    FREE

    American Express Setup Fee
    $25-$50
    FREE

    Average Approval Time
    1 – 2 weeks
    Instant approval

    Technical Support Hours
    8am-8pm Monday-Friday

    24 hours per day7 days per week

    Credit Restrictions
    Very strict
    Not an issue

    Internet / Mail / Phone Order Discount Rate
    2.95%
    2.39%

    Internet / Mail / Phone Order Transaction Fee
    35-50 centsper transaction
    25 centsper transaction

    Retail Discount Rate (face-to-face sales)

    1.95%
    1.85%

    Retail Transaction Fee (face-to-face sales)
    30-45 cents per transaction
    25 cents per transaction

    Statement/Customer Service Fee
    $12-$20 per month
    $10.00 per month

    Internet Processing Software Gateway Fee
    $35-$45 per month
    $29.95 per month

    3rd Party Payment Processor: http://www.paymate.com/

    Paymate Seller Fee Table
    Please note that acceptance of US Dollar credit card payments incurs a 1.5% additional seller’s fee.
    ** ALL Paymate fees charged to an Australian buyer or seller are subject to 10% GST charge ON THE FEE ONLY

    Paymate Account Type

    Monthly Cost and payments/month received with no extra fees (prepaid amount)
    Transaction fees for credit card payments received over and above the prepaid amount
    Transaction fees for bank account payments–>

    STANDARD Account
    NIL – no prepaid amount

    All credit card payments charged at 2.4%** Maximum AU$5,000 in a month

    Payment from Australian Bank Account = $0.90 **
    Payment from non-Australian Bank Account = $25 **

    –>

    ECONOMY Account
    Monthly fee of AU$3.30 (incl GST) pays for the first AU$200 in credit card payments received.

    Credit card payments received above AU$200 charged at 2.2%** Maximum AU$5,000 in a month

    Payment from non-Australian Bank Account = $25 **

    –>

    PROFESSIONAL Account
    Monthly fee of AU$8.25 pays for the first AU$500 in credit card payments received.

    Credit card payments received above AU$500 charged at 1.9%**Maximum AU$5,000 in a month

    Payment from Australian Bank Account = $0.90 **
    Payment from non-Australian Bank Account = $25 **

    –>

    PREMIER Account
    Monthly fee of AU$16.50 pays for the first AU$1,000 in credit card payments received.

    Credit card payments received above AU$1,000 charged at 1.8%** Maximum AU$5,000 in a month

    Payment from Australian Bank Account = $0.90 **
    Payment from non-Australian Bank Account = $25 **

    –>

    eBUSINESS Account
    Monthly fee of AU$33.00 pays for the first AU$2,000 in credit card payments received.

    Credit card payments received above AU$2,000 charged at 1.7%** Maximum AU$10,000 in a month

    Payment from Australian Bank Account = $0.90 **
    Payment from non-Australian Bank Account = $15 **

    –>

    Paymate Buyer Fee Table

    STANDARD Account – NO NEED TO REGISTER!

    Free

    Send Bank to Bank Payments (within Australia or from other selected countries)
    Free
    –>

    Make a credit card payment in Australian Dollars. All cards.
    AU$0.50 + 3% **

    Make a credit card payment in US Dollars. All cards.
    US$0.50 + 3% **

  • 2    Veronique // Oct 11, 2005 at 3:38 pm

    Payment Gateway – http://www10.ematters.com.au/
    Costs vary from:
    $299 setup fee to $299 setup fee
    $25 monthly fee $193 per month
    No free transactions 999 free transactions/month
    $0.66 per extra transaction $0.21 per extra transaction

    3rd party Payment Solution – http://www.directone.com.au/
    Examples are:
    $395 pa or $595 pa
    No free transactions 2000 free transactions/ month
    $0.45 per transaction $0.45 per extra transaction