If your average website basket sale is more than $100, then it makes absolute sense to move from credit card transactions to fixed fee instant bank transfers. Instant Pay transactions only cost $1.50 per inbound transaction, regardless of the total amount your customer is spending.
Tired of credit card fraud ruining your party? Bounce backs from credit card transactions getting you down?
Instant Pay works on real time cleared funds, which you’ll receive into your legacy business bank account within 24 hours. Even better, if a customer disputes your product or service, this money is not automatically refunded, they’ll need to make contact with your business to escalate the dispute to obtain the refund.
Instant bank transfers provide you with additional transparency for who is actually paying the bill. And Australian bank account holders are the only users that can pay via this platform. We simply reconcile this payment and mark the web checkout as paid. Fast, simple and for a fixed fee!