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Openbox understands that Payment Gateways can be generally expensive for SME businesses. This is why we have partnered with Netregistry to provide your their Payment Gateway solution with fee-free transactions.
The Payment Gateway is an ecommerce payments service enabling real time credit card processing with no internet transaction fees.
The Payment Gateway maintains a live link between your website and the banks payments processing system. When a customer on your website submits a payment, the information passes through a secure firewall to the transaction server of a Netregistry banking partner, either St.George Bank or National Bank. It usually takes under 6 seconds for the transaction to be completed and the money is transferred to your nominated bank account.
The Payment Gateway can also be accessed from any website regardless of where it is hosted. Here at Openbox, we can help integrate the Payment Gateway into your existing website or develop a new website / eccomerce site with the Payment Gateway integrated.
| Acquiring an Online Merchant Account |
To process online payments to your bank account, all banks require you to have an Online Merchant Account. This differs from an EFTPOS facility, because the risk profile of transactions online is different.
To acquire an Online Merchant Account, you will need to apply to the bank directly, however we can help fast track this process through one of Netregistry's preferred partner banks of St George and National Bank.
If you prefer to keep your account with a different bank you can open your Online Merchant Account with our preferred partner banks and the account can be linked to any nominated bank account, e.g. Commonwealth, Westpac etc. The money is transferred at the end of each business day to your nominated account, and there are no bank fees associated with the transfer of funds.
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Management |
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Support |
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Online Control Panel |
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Unlimited phone and email support. |
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Payment Processing |
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Cost |
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Real-time credit-card processing
Fee-Free Transactions
Payment direct to bank account
Access from externally hosted website
Integrated with shopping Carts |
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Set-up Fee $49.95
Monthly Cost $55 inc GST
* Payment Gateways are billed in 12 month intervals. The cost of the payment gateway annually will be 660.00 in GST |
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