on 28-08-2015 10:30 AM
Hi all
I am contemplating setting up a Merchant Account to process Credit Cards through. Does anyone know whether this could be used for multiple accounts?
Thank you for your help : )
28-08-2015 10:41 AM - edited 28-08-2015 10:42 AM
you might want to really go into the fees associated with a merchant account. You not only pay a monthly fee you also pay a percentage per transaction in most cases.
Edit: are you talking about a merchant facilty through your bank?
on 28-08-2015 11:23 AM
Yes a merchant facility through the bank. Ebay have said that will no longer support Propay, Skrill and Paymate. Am wondering whether this is against ACCC. I am not a fan of Paypal.
on 28-08-2015 11:37 AM
I have just rec'd an email saying that Paymate is off the table from 27th. September. Have called eBay and told them that I dont use Paypal anymore. so really I am finished selling on eBay. Anyone else in the same boat ?
on 28-08-2015 11:49 AM
I have sent an email to Paymate about this (clientservices@paymate.com). They are in discussions with ebay atm and say that it is against the ACCC ruling. Perhaps if you send Paymate an email also, they will keep you in the loop.
on 28-08-2015 01:37 PM
Hi,
Yes I called them. They think this may only apply O/S, not in Australia. They were not told about it by eBay, so it's a surprise to everyone.
on 28-08-2015 02:25 PM
That sounds promising. Thanks for following up. Fingers crossed : )
on 28-08-2015 03:24 PM
on 28-08-2015 06:57 PM
This does apply to Australia as well.
May Australian sellers have received the same message.
I would suggest everyone who wants a choice of NOT having to use Paypal, send a message of complaint to the ACCC.
They forced ebay to offer other forms of payment last time, this time they can do it again.
Payment by credit card through the bank into your account, can be a very expensive way to collect money, especially for the smaller seller.
on 28-08-2015 08:55 PM