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Banqonit offers a choice of two easy payment options

Premiere Plan

Includes a one time Facility Establishment Fee of $450 (plus GST) and an on going minimum account fee of the greater of $20 or 0.8% on the total value of each transaction

Pay As You Go Plans

Includes a monthly fee (plus GST) and an ongoing charge on the total value or number of transactions (GST exempt) Both pricing options attract the credit card merchant processing fee negotiated with the bank.


PAYMENT PLANS Premiere Pay as You Go* Value Pay as You Go* Transaction
One Time Set Up Fee $450 Plus GST Nil Nil
Multi Currency Enabled Yes Yes Yes
Fee Per Month $20 $99 Plus GST Includes first $10,000 of transactions each month $99 Plus GST Includes first 100 transactions each month
Merchant Fee Per Transaction 0.8% 0.8% $0.80
Settlement Next Bus.Day Next Bus.Day Next Bus.Day
Contract required Nil 24 Months 24 Months

*Three months advance payment ($297 Plus GST) is required with Pay As You Go Plans.
*Early Termination penalty of $297 plus GST may apply to Pay As You Go Plans.