PayLeadr (PL) is a new Australian-based company specialising in the provision of online payment solutions. They help organisations to receive money from their customers faster and easier.
PayLeadr also provides businesses with credit card payment services and traditional payment options such as direct debit and bank transfer. The merchant account comes with an easy access web interface that can be used on any device connected to the Internet. Prices start at $50 per month plus GST depending on transaction volume and the number of transactions made through PayLeadr each month. By default, there is no monthly minimum fee imposed by PayLeadr’s merchant accounts, so if there are zero transactions within the month, you will not be charged anything extra.
For companies who regularly make transactions through PayLeadr, there are special rates available. If you have a merchant account with PayLeadr and use it to process more than $10,000 per month in credit card transactions, the company will waive their monthly fee completely for that month.
The fees charged by PayLeadr are low when compared to other payment processors that provide similar services. For example, looking at PayPal, Australia’s leading online payment processor, its standard service fee is 2.6% + 0.30 AUD per transaction. When using PayPal Business Payments Pro or Express, fees drop to 1.9% + 0.30 AUD per transaction. The reason behind this price difference boils down to the fact PayLeadr does not charge any monthly fee, whereas PayPal does. There is also the added benefit of no setup fee with PayLeadr, which you get for free by signing up with PayPal Business Payments Pro or Express each month.
What’s more, unlike many other online payment processing companies, PayLeadr allows businesses to process transactions in multiple currencies, including Australian dollars (AUD), US dollars (USD), New Zealand dollars (NZD) and Euros (EUR). However, suppose you are looking to accept both Australian and US dollar payments via your merchant account. In that case, there is currently a $50 per month surcharge imposed on top of the standard transaction fee charged throughout Australia. By comparison, PayPal charges customers 1% per transaction on all payments made in foreign currencies, with a monthly fee of $30.
Many people consider Payleadr to be an ideal solution for their business because it allows them to accept payments through credit cards, debit cards, gift cards, and other different kinds of online payment methods. This means lower transaction fees are possible with this service, which is passed on directly to the consumers instead of taken by the company itself. The important thing is that Payleadr doesn’t currently have any transaction fees imposed upon its clients.
The great benefit of using online payment gateways like Payleadr Australia can be found in the fact that there’s no need for extra equipment or hardware to take card payments. This also applies if you’re running mobile services because all you need is a laptop, PDA or mobile phone with internet access, and you can start accepting online payments. Visit us at payleadr.com