Direct Deposit
(Internet Banking)
|
Clients with this facility can pay direct but they need to know your
Bank Account Details (BSB and Account Numbers) |
PROS : lowest transaction
fees. |
| CONS : Volume payments
hard to track as client does not always enter the correct reference. Not
International |
Cheque and Postal Order
(Manual Bank Deposit)
|
The old snail mail standbys |
PROS : low transaction
fees |
| CONS : Postal and
clearance delays. High International clearance fees. |
Bank Merchant Accounts
(Via encrypted Form) |
Held by most existing businesses and suitable for off line credit card
processing |
PROS : fast payment
processing. International. |
| CONS : Expensive monthly
account fees. Plus Transaction Fees. Usually require Business Plan and
proof of 2 years trading on application. |
Third Party Processors
e.g. PayPal |
Internationally acceptable methods of payment
PayPal Information
(See Above) |
PROS : Free setup. Credit
Card Payments, Multi Currency, International. |
| CONS : Transaction fees. |
Payment Gateways
(Payments via encrypted Form or Gateway Portal )
|
Multiple solution payment service - payment by credit card, Bpay, Bill
Express, POST billpay, telephone, direct debit |
PROS : Multiple Payment
Types, Credit Card Payments, International. |
| CONS : Setup Fee,
Transaction Fees. |
