Are there any fees involved for using PayProtect?

Direct Debit

Service fees are only charged to successful transactions.

If the buyer releases funds from the holding account, the buyer will be charged 0.80% (of the value being debited) direct debit processing fee.

Upon release of funds, sellers will be charged a 0.70% (of the value being debited) processing fee (capped at $990, this includes a $20 service fee), which will be deducted from the funds held in the holding account.

BPay

Upon release of funds, sellers will be charged a 0.70% (of the value being debited) processing fee (capped at $990, this includes a $20 service fee), which will be deducted from the funds held in the holding account.

There are no service fees for buyers.

Was this article helpful?
Have more questions? Submit a request