Comparisons
Compare payment options
Comprehensive analysis of ShaBaas Pay, PayTo, PayID, credit cards, traditional direct debit, and card gateways to help Australian businesses optimize payment acceptance, margins, and settlement speed.
Executive overview: Choosing the right payment rail in Australia
Australian businesses can compare credit cards, traditional BECS direct debit and account-to-account (A2A) methods built on Australia's New Payments Platform (NPP), including PayTo and PayID. Bank payments may offer predictable costs and different customer-authorisation workflows, while cards can provide broad familiarity and international reach. Actual timing, fees, coverage and dispute handling depend on the provider and configured flow.
Master payment method comparison
Compare key operational, financial, and risk characteristics across Australian payment methods:
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| Feature / Dimension | ShaBaas Pay (PayTo / PayID) | Credit & Debit Cards | BECS Direct Debit | Global Card Gateways (Stripe) |
|---|---|---|---|---|
| Settlement Speed | Designed for near real-time processing where supported | 1 to 3 Business Days | 3 to 5 Business Days | 2 to 7 Rolling Days |
| Pricing Model | Flat $0.29 / $0.99 (incl. GST) | 1.5% – 2.9% + Ad-hoc fees | $0.40 – $1.50 + Dishonour fees | 1.75% + 30c (Domestic) / 2.9% + 30c (Intl) |
| Customer Authorisation | Real-time in mobile banking app | Card entry / OTP SMS | Paper form / Static DDR | Web form entry |
| Failed Payment / Dishonour Fee | Confirm failed-payment and return handling with the provider | N/A (Instant decline) | $5.00 – $15.00 bank penalty | N/A (Standard decline) |
| Card Expiry / DOU Failures | None (Linked directly to bank account) | High (15%–20% annual card turnover) | High (Account changes fail quietly) | High (Requires updater tools) |
| Chargeback & Fraud Risk | Different dispute and return model; verify applicable protections | High (Friendly fraud / stolen cards) | Moderate (Contested claims up to 7 yrs) | High ($15–$25 dispute fees) |
Explore detailed side-by-side comparisons
ShaBaas Pay vs Stripe
Compare ShaBaas Pay with Stripe for Australian businesses evaluating flat-rate real-time bank payments versus percentage-based card payment gateways.
PayTo vs credit cards
Analyze how PayTo account-to-account mandates compare against credit card recurring billing on transaction costs, card expiry churn, and instant funds availability.
PayTo vs direct debit
Compare modern PayTo real-time agreements with legacy BECS direct debit on settlement speed, pre-notification, mandate control, and dishonour fee elimination.
PayID vs PayTo
Understand when to use customer-initiated PayID vs customer-authorised PayTo mandates for one-off invoices, retainers, and subscription workflows.
Decision framework by business use case
SaaS & Subscription Platforms
Consider PayTo recurring agreements where customer-authorised bank collection fits the workflow. It uses an agreement rather than a card credential, but availability, lifecycle rules and payment outcomes still depend on the bank and configured provider flow.
Professional Services & Accountants
Use PayID links or PayTo agreements where the customer journey and bank support fit. Plan for provider timing, pending outcomes, returns and any applicable direct-debit fees.
B2B Invoicing & Wholesale
Ditch manual bank transfers and cheque delays. Issue instant payment links with pre-filled payment references for automated ledger reconciliation in Xero and MYOB.
E-Commerce & High-Volume Merchants
Offer Pay by Bank at checkout alongside cards to lower total payment processing overhead while giving mobile-native shoppers a seamless 1-click banking authorization.
Frequently asked questions
Can ShaBaas Pay co-exist with existing card payment processors?
Yes. ShaBaas Pay can operate as a standalone payment solution or alongside your existing credit card gateway (such as Stripe or Braintree). Many merchants use ShaBaas Pay as the primary recommended "Pay by Bank" option to reduce transaction fees while keeping cards available for international buyers.
What makes real-time bank payments cheaper than credit cards?
Credit card pricing commonly combines percentage and fixed fees, while the current ShaBaas Pay Pay by Bank pricing is $0.29 for successful payments under $100 or $0.99 for successful payments from $100 up to $1,000, inclusive of GST. Confirm current limits, method coverage and commercial terms before relying on either comparison.
What should a business verify before choosing PayTo?
Verify customer authorisation, participating-bank coverage, agreement limits, payment status handling, refunds or returns, reconciliation data and the provider's current commercial terms. Agreement approval is separate from completion of each payment.
Ready to optimize your payment costs?
Speak with our team to discover how ShaBaas Pay can streamline your checkout, eliminate card churn, and save thousands in transaction fees.