When trying to find the Best Payment Gateway or Payment Processor in Australia it doesn’t necessarily mean that they will be the cheapest. It’s important to weigh in the different strengths and weaknesses of all the major Payment Gateways in Australia to determine which is offering the best solution for your online business. It may even come down to who you speak to on the phone when you decide to call them. Some staff members are more helpful than others, some are able to offer special discounts and some even know the tricks of the trade to ensure that you receive the best bang for your buck. The pricing of each of the major Payment Gateways in Australia (please note that prices may have changed since the time of this writing however these prices are a solid indication of what to expect from these major Payment Gateways in Australia) are listed below.
Merchant Warrior
Location: Brisbane, Queensland.
Merchant Warrior are one of the last remaining Australian owned and operated Payment Processors in the region. Prices are competitive and free rate reviews are provided.
Merchant Service Fee: 0.5-1.5% (dependant on volume)
Annual: $400 ($0 options also available)
Transaction Fee: $0.04-0.30
EFTPOS (Least Cost Routing): Yes
Direct Debit: Yes
BPAY: Yes
NPP (New Payments Platform): Yes
EFT (Bank Transfer): Yes
Other costs: None (if using the all-in-one package)
Application Process: 1 Page and short. No costs or credit card/debit account information required when applying. Application can be found here.
PCI Compliance: Tier 1 Compliant Provider. Information here and here.
Referral Program: Yes. Merchant Warrior has a Referral Program which enables Web Developers and Integrators to earn a 10% commission for integrating or referring customers to utilize the Merchant Warrior Payment Gateway.
Impressive: Free rate reviews and free consultation for everything payments related. Discounted pricing for charities.
Phone: (07) 3166 5489 or 1300 22 55 69 (CALL MW)
SecurePay
Location: Melbourne, Victoria.
The SecurePay Group are owners of a number of Australian Payment Gateways (SecurePay, DirectOne and Camtech). The pricing we will look at will be for SecurePay which is another long running and large Payment Gateway which was acquired by Australia Post in 2010.
Merchant Service Fee: 1.75%
Annual: $0
Transaction Fee: $0.30
EFTPOS (Least Cost Routing): NA (not listed you should ask)
Direct Debit: Yes
BPAY: NA (not listed you should ask)
NPP (New Payments Platform): NA (not listed you should ask)
EFT (Bank Transfer): NA (not listed you should ask)
Other costs: None
Application Process: Simple signup. No costs or credit card/debit account information required when applying. Application can be found here.
PCI Compliance: Tier 1 certified provider information can be found here.
Referral Program: No referral program is listed.
Impressive: Operated by Australia Post SecurePay is an Australian owned provider that has been providing services to Australian businesses for a number of years.
Phone: 13 POST (13 7678)
Stripe
Location: Melbourne, Victoria.
Stripe is one of the largest small business payments providers on the globe. Headquartered in San Francisco, California if you’re looking for a payment gateway it would be hard to imagine you haven’t heard the name Stripe come up in conversation.
Merchant Service Fee: 1.75%
Annual: $0
Transaction Fee: $0.30
EFTPOS (Least Cost Routing): No
Direct Debit: Yes
BPAY: No
NPP (New Payments Platform): No
EFT (Bank Transfer): No
Other costs: Additional costs for fraud prevention.
Application Process: Simple signup. No costs or credit card/debit account information required when applying. Application can be found here.
PCI Compliance: Tier 1 certified provider can be found here.
Referral Program: No referral program is listed.
Impressive: You will be hard pressed to find a payment provider with as many listed integrated platforms that Stripe. Plug and play, and easy.
Phone: Unfortunately, no phone number is listed.
SCNet
Location: Perth, Western Australia.
SCNet is Perth’s largest payment gateway.
Merchant Service Fee: 1.3% + Interchange
Annual: $0
Transaction Fee: $0.10
EFTPOS (Least Cost Routing): No
Direct Debit: No
BPAY: No
NPP (New Payments Platform): No
EFT (Bank Transfer): No
Other costs: Additional costs for fraud prevention.
Application Process: Simple signup. No costs or credit card/debit account information required when applying. You will need to choose a package before you can signup here.
PCI Compliance: Tier 1 PCI DSS status not listed anywhere.
Referral Program: No referral program is listed.
Impressive: SCNet provides the only out of the box solution for Oracle Payments (iPayments) for Oracle eBusiness Suite in Australia.
Phone: (08) 6381 0001
Bambora (IP Payments)
Location: Sydney, New South Wales.
Bambora which was formerly IP Payments are now a Wordline company. Wordline is a large French payment and transactional services company.
Merchant Service Fee: 1.75%
Annual: $0
Transaction Fee: $0.30
EFTPOS (Least Cost Routing): NA (not listed you should ask)
Direct Debit: Yes
BPAY: Yes
NPP (New Payments Platform): Yes
EFT (Bank Transfer): Yes
Other costs: None.
Application Process: You will need to fill out a contact form and have a sales person get in contact with you first before being able to apply. The contact form can be found here.
PCI Compliance: Tier 1 certified provider can be found here.
Referral Program: No referral program is listed.
Impressive: Acquired by Worldline (one of the worlds largest payment processors) Bambora has a raft of services available to its merchants.
Phone: 1300 721 163
Summary
This information may help a merchant in their daunting task of selecting the best payment gateway or payment processor in Australia. All Payment Gateways in Australia have their strengths and their weaknesses. It is important to ensure that you have a full list of your requirements prepared before choosing an Australian Payment Gateway. It’s always best to pick up the phone and discuss your requirements with one of the payment gateways sales staff so that they can point you in the right direction for your business.