What is PayByBank?
PayByBank is a fast and secure way for clients to transfer you money, which costs far less than card payments!
Available in the UK, customers simply select their bank, verify the payment in their banking app, and the payment goes through, with instant confirmation.
- Lower fees than card payments
- Offered automatically when you switch to ServiceM8 Pay and send an invoice with the payment link
How much does it cost?
As per all stripe payment methods, you only pay if your customers use it.
The processing fee is 0.75% + 20p which is less than half the cost of standard card processing fees.
With a host of other benefits including better card processing fees (in some cases) and next working day payouts, you’ll want to take a closer look at ServiceM8 Pay.
It’s easy to switch – find out more here
So, what are you waiting for… make the switch today!