Are there any fees involved for using PayProtect?

We currently have 2 types of payment methods which include creditcard or BPAY. The fees depend on which method you use and are only charged to successful transactions.

Creditcard (VISA & MasterCard only) 

Buyers are charged a 1.3% (of the value being debited) credit card processing fee. You will only be asked to send verification documents if your credit card is deemed suspicious.  

Sellers are charged a 0.70% (of the value being debited) processing fee plus a $20 service fee which will be deducted from the funds upon release.  

BPAY

Buyers are not charged any fees for paying via BPAY and don't need to send any verification documents. 

Sellers are charged a 0.70% (of the value being debited) processing fee plus a $20 service fee which will be deducted from the funds upon release.  

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