Payment by link is an easy way to accept cards online – no EFTPOS machine required. It can be used for impromptu sales on the phone, social media, online, on invoices and in person, and you don’t even need a website.
Depending on the merchant provider, you may be able to send a pay button via email, text message or social media. Fees for these transactions are higher than for card terminal sales, given the fact that card details are entered manually rather than confirmed physically in a card reader.
Virtual terminals where the merchant completes the transaction themselves on a web page can be found here instead. Payment links, in contrast, are for when the cardholder completes the transaction – that’s what we’re comparing below.
Overview of the best payment links for small businesses in Australia: