eWAY

About eWAY

eWAY is a payment processing company that focuses on providing online businesses with the tools to handle transactions securely and efficiently. They offer a range of services, including payment gateways, fraud detection, and reporting tools, which are designed to enhance the e-commerce experience for both merchants and customers. eWAY operates in various markets, collaborating with banks and financial institutions to facilitate smooth payments. Their platform is known for its integration capabilities with various e-commerce solutions, making it a viable choice for businesses looking to streamline their payment processes. Overall, eWAY plays a significant role in the landscape of digital payments, catering to diverse business needs.

Pricing

eWAY is a payment processing ISO (Independent Sales Organization) that offers several pricing structures depending on the services utilized. Typically, eWAY charges a transaction fee of around 1.75% to 2.4% per transaction, depending on the plan selected and the type of card used. In addition to transaction fees, they may charge a monthly fee ranging from $0 to around $25, depending on the service level. Gateway fees, which provide access to eWAY’s payment processing platform, can also be incurred, generally around $0.30 per transaction. Importantly, eWAY may have additional fees for certain functionalities or features, such as recurring billing or international transactions. Overall, while the costs can vary, merchants should expect to budget around 2% to 3% of their total sales for payment processing fees when partnering with eWAY, ensuring they understand their specific pricing structure to manage expenses effectively.