If you are already a credit card merchant

How is the transaction processed?

  • The transactions are processed using your own merchant ID
  • The funds are settled from your bank directly to your own nominated bank account, normally overnight
  • Your bank supplies managing and reporting tools

What are the fees and charges?

  • Your merchant bank charges:
    • Check your merchant service agreement with the bank for details, it may include:
      • Merchant Service Fee (MSF)
      • Transaction Fee
      • Other bank fees of using merchant facilities

  • We charges:
    • Setup Fee, fixed once-off $150.00
    • Monthly minimum usage fee : $20 per month which is waived if the number of transactions exceeds 200 in the month
    • Base Transaction Fee : $0.12 / Transaction (negotiable for large volume customers)

*all price GST inclusive


 

For more information info@ipcg.com.au