Online Enquiry





AREA(S) OF INTEREST:









Anti Spam: please enter this code
in the space below: J3VIH



Find us on Facebook Follow us on Twitter Tumblr Valid XHTML 1.0 Transitional




Payment Gateways

A payment gateway is a secure connection between your website and an Online Merchant Bank Account and enables you to accept online credit card payments. This ensures credit card information is encrypted and secure giving your customers the confidence to buy online.

PayPal

PayPalPaypal is a popular hosted payment gateway.
This means customers are transferred from your website to PayPal's secure website to complete their payment and are then returned to your website.

Paypal is cost effective, with no setup or monthly fees. Their transaction fees are slightly higher than other alternatives but are still very affordable for businesses with fewer transactions or start-up businesses wanting to test the waters.

Transaction rates are based on your volume of sales and range from:
Standard 2.4% + .30c per transaction to 1.1% + .30c per transaction

Pros

  • No setup fee or ongoing fees and charges
  • Low risk and low cost approach

Cons

  • Customers are transferred offsite, to PayPal, to complete payments

Real-Time Payment Gateways

As the name implies, Real Time Payment Gateways allow you to accept credit card payments directly through your own website in real-time (without being transferred to a third party for payment). They add a degree of professionalism to a website and dramatically reduce a customer's Checkout time. Payment processing takes a matter of seconds.

They may be likened to online EFTPOS terminals, connecting your website directly through to a bank.

Payment Process

Payment Gateway

  1. E-Commerce Website with Shopping Cart.
    User completes order checkout on your website, entering Credit Card details on a secure page.
  2. Real-Time Payment Gateway
    Provides the secure connection to the Online Merchant Account.
    Payment information is encrypted and processed securely.
  3. Online Merchant Account
    A holding account which receives online funds and transfers them to your normal bank account daily
    (The Online Merchant Account does NOT have to be the same banking institution as your Existing Bank Account)
  4. Existing Bank Account
    This is your existing business bank account which receives funds from the Online Merchant Account daily.

We can guide you through the process of setting up a Real-Time Payment Gateway and Online Merchant Account and arrange the necessary application forms. Please contact us today for more information

Pros

  • Immediate payment processing in a secure environment.
  • Client stays on your website for payment.
  • Transaction rates may be more competitive than PayPal.

Cons

  • Higher running costs for sites with few transactions
  • Requires Online Merchant Account