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If you have ever looked at the costs of setting up a merchant, or worse closing down a merchant with the average bank you will realise how expensive this can be. Enter eway an Australian product which not only significantly reduces the costs but takes the stress away from the whole process.
Imagine never having to pay expensive set up or shut down merchant fee again. Imagine not having to pay expensive ongoing merhcant fees ever again? Now don't get me wrong it is not completly free but at approx 50c per transactions whose complaining.
Now here's the best part - eway is an online merchant - they are not a bank! This means a few things:
1. You can use them as multiple merchant facilities in one eg. online sales, direct debiting bank accounts, reocurringly billing credit cards, manual transactions etc.
2. They connect directly to your bank to transfer money into your bank account (meaning you can change banks at any time and just stop the connection to your current bank when you leave and start the connection with the new once you are set up with no connnection or disconnection fee)
3. There customer service is fantastic (they can have you set up in 5 days and liase with your bank for you if you are having any difficulties to speed things up)
There will ofcourse always be some fees from your bank in order to set up, run and close down even this semi-merchant facility but as an eway customer there is generally no set up or wrap up costs (please confirm this with your bank of choice) and approximately half the ongoing merchant fees to clear the credit card funds in your account.
I swear by them but by all means try them out for yourself - you will be pleseantly surprised.
http://www.eway.com.au
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