<div dir="ltr">Hi All,<div><br></div><div style>I've been doing some research based on discussions held in #committee and #ucc and this is the outcome thus far:</div><div style><br></div><div style><b>Online payments</b></div>
<div style><b><br></b></div><div style>The Westpac solution is called PayWay Net (that they recommended). Fees relevant to us are:</div><div style><br></div><div style>- Merchant Establishment Fee: $110.00</div><div style>
- PayWay Establishment Fee: $220.00</div><div style>- Merchant Service fee (based on doing Visa and MasterCard transactions): 0.950%</div><div style>- PayWay CC Transaction fee: $0.55</div><div style><br></div><div style>
Note that there is a monthly minimum merchant service fee of $22.00</div><div style><br></div><div style>Advertised features and benefits:</div><div style><ul style="color:rgb(0,0,0);font-family:arial,sans-serif;font-size:13px">
<li style="margin-left:15px"><font face="Arial">Automatically accept credit card payments from your customers using a Westpac-hosted website.</font></li><li style="margin-left:15px"><font face="Arial">Obtain real-time authorisation on every credit card transaction.</font></li>
<li style="margin-left:15px"><font face="Arial">Secure website provides Transaction Search, Daily Settlement Report, and graphical Trend Reports.</font></li><li style="margin-left:15px"><font face="Arial">Your customers will appreciate the convenience of making payments any time during the day.</font></li>
<li style="margin-left:15px"><font face="Arial">Quick and easy to set-up (Developers Guide available on the PayWay Website).</font></li><li style="margin-left:15px"><font face="Arial">No need to store Credit Card details in your computer systems � processed securely by Westpac.</font></li>
<li style="margin-left:15px"><font face="Arial">A complete solution when used in conjunction with other PayWay Modules</font></li></ul><div style><font color="#000000" face="Arial">I've more info and shit from WBC if people are interested</font></div>
<div style><font color="#000000" face="Arial"><br></font></div><div style><font color="#000000" face="Arial"><b>EFTPOS</b></font></div><div style><font color="#000000" face="Arial"><b><br></b></font></div><div style><font color="#000000" face="Arial">Features</font></div>
<div style><ul style="color:rgb(0,0,0);font-family:arial,sans-serif;font-size:13px"><li style="margin-left:15px"><font face="Arial">High speed GPRS communication</font></li><li style="margin-left:15px"><font face="Arial">A lightweight hand-held device combining the PIN pad, printer and machine</font></li>
<li style="margin-left:15px"><font face="Arial">Instant settlement available if settled into an eligible Westpac account</font></li><li style="margin-left:15px"><font face="Arial">Rechargeable battery pack ensures power for high volumes of sales - can process up to 200 transactions and up to 10 hours battery life once fully charged</font></li>
<li style="margin-left:15px"><font face="Arial">Easy to use - just follow the terminal prompts to process a transaction</font></li><li style="margin-left:15px"><font face="Arial">Fast processing of transactions</font></li>
<li style="margin-left:15px"><font face="Arial">Accepts all major credit, debit and charge cards</font></li><li style="margin-left:15px"><font face="Arial">Ability to accept and process chip cards and smart cards</font></li>
<li style="margin-left:15px"><font face="Arial">Capability to surcharge on credit or charge card purchase transactions</font></li><li style="margin-left:15px"><font face="Arial">Provides the full range of transaction types including purchases, cash out and refunds</font></li>
<li style="margin-left:15px"><font face="Arial">Provides tipping, pre-authorisation and shift reporting options</font></li><li style="margin-left:15px"><font face="Arial">Multi merchant capability</font></li><li style="margin-left:15px">
<font face="Arial">It has 24MB of memory for improved processing power</font></li></ul></div></div><div style>Charges</div><div style><br></div><div style>- Establishment fee: $82.50</div><div style>- Terminal access fee: $33.00/mth</div>
<div style>- Cancellation fee: $104.50</div><div style><br></div><div style>- Minimum merchant service fee: $22.00</div><div style>- Transaction fees:</div><div style>� - MC and Visa: 0.950%</div><div style>� - Debit purchase: $0.180/transaction</div>
<div style><br></div><div style>Now, there's a new thing called "Seasonal Merchants" that Westpac offer - its $143.00/mth that you use it, in between you return the machine though and there's no charges. Keep doing that for as long as you want then just pay the cancellation fee, but you're not having to pay ongoing terminal access fees and merchant fees when the machine is sitting around doing nothing.</div>
<div style><br></div><div style>Questions or otherwise let me know.</div><div style><br></div><div style>[MRD]</div></div>