Are there any fees involved for using PayProtect?

How can I pay into PayProtect and are there any fees involved?

We currently have 2 different types of payment methods which you can use which include creditcard and BPAY. Each type contains different fees. Service fees are only charged to successful transactions.

BPAY

There are no service fees for buyers using BPAY and you 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 held in PayProtect upon release.  

Creditcard

The buyer is 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 held in PayProtect upon release.  

 

 

 

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