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. Interstate. |
CONS : Volume
payments hard to track as client does not always enter the
correct reference.
Does not show on Statement imediately. |
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. |
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. |
PAYPAL
(Direct Payment to Credit Card Account) |
Internationally
acceptable methods of payment |
PROS : Free
setup. Free Carts.
International. Multi Currency.
PayPal allows Card Payments without the customer having
to signup with PayPal. |
| 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. International. |
| CONS : Setup
Fee, Transaction Fees. |
