Fees
Our primary goal is to keep the cost of processing payments as low as possible to help support businesses. We have a number of options that we can recommend once we understand the requirements and circumstances of your business. Contact our sales team about the best pricing options for you.
Interchange++ is a transparent pricing model that breaks your transaction fees into three parts: interchange, scheme fees and a PayNuts margin. You see exactly what each component costs instead of a single blended fee.
Interchange is a fee set by card networks like Visa and MasterCard and paid to the cardholder's bank (issuer) every time a transaction is processed. It varies depending on the card type and transaction method.
Scheme fees are charged by card networks for using their payment infrastructure. These fees are set by the card schemes (e.g. Visa, Mastercard, eftpos) and apply to every transaction that passes through their networks.
Your rates vary under Interchange++ because the underlying costs of each transaction aren’t the same. Different cards, transaction methods, industries, and card brands all carry different interchange and scheme fees, so your final rate reflects the real cost of processing each individual transaction.
Interchange++ is ideal for merchants who want a clear, itemised breakdown of their fees and whose customers pay with a wide mix of card types. It gives full visibility into the true cost of each transaction. It may be less suitable for businesses that prefer a single, fixed rate that’s easier to predict and plan around.
With the Low Fee plan, you pay one fixed rate on every transaction, no matter what card customers use. Whether it's Visa and Mastercard, your rate stays the same.
The Low Fee plan suits businesses that value straightforward billing and consistent costs. Not sure which plan is the best for you? Contact our sales team and we will help you with the right solution.