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Choosing Best Payment Gateway for online business in Australia

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Choosing the right payment gateway for your business is very important. When you choose to do business online, you need to provide customers with a means to pay for your products and service. It is unlike traditional stores where your make your payments personally. Online, you need to do things through a gateway and they have to be secure. You have to be very particular with your choice because your customers will trust you to provide them with a safe, reliable and convenient means to pay.

The following are some options you can consider taking:

1.Paypal: Paypal is a popular choice for many business owners. It is a secure online payment option that allows consumers to pay safely using their credit card, their bank accounts or any stored credit they may have. For businesses, it is also convenient because it is widely accepted, so a lot of consumers already have it. It is easy to setup, whether you are a small or bug business, so it is fit for anyone.

2.Commonwealth: This is another online payment system that you can setup on your account. It is ideal for your EFTPOS (electronic funds transfer at point of sale) transactions. They offer good rates, as low as 0.69% per transaction, without monthly fees. Other companies will require a certain quota of usage for free use or they will charge a monthly fee. Commonwealth does not do that, so you do not have to pay extra if you have no transaction that go through their system.

3.Eway: Eway is another online payment gateway that is able to process credit card transactions. It is a prominent name and is supported by banks in the United Kingdom, Australia and New Zealand, so businesses in these countries can do well applying Eway in their websites. 

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