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Payment Method and its Processing Fees
Payment Method and its Processing Fees

• List of different modes of payment and it's corresponding processing fees. • How to calculate processing fees.

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Written by Annive
Updated over a week ago

Spintel offers a number of payment methods which are listed below.

Note: Any bank other than an Australian bank is not accepted.

Payment Method

Processing Fee

MasterCard, VisaCard (Credit or Debit)

1.0% of the payment amount, plus GST

American Express, Diners Club

3.8% of the payment amount, plus GST

PayPal

2.6 % of the payment amount, plus $0.30 GST

Direct Debit from a Bank Account

No processing fee

Here's a sample computation for the total processing fee:

Mastercard processing fee is 1.1% including GST.

Bill amount $100

Processing fee is $100 x 1.1% = $1.10

This fee will be reflected on the next monthly bill.

Note: There is no processing fee for the payment of your last bill.

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