Why has Biz Core debited your account?

Find out
Book a demo

Payments

What is Direct Debit?

What is Direct Debit? Since 2007, Australia has been steadily advancing towards becoming a cashless society, with more and more customers choosing ...

Read more

Direct Debit for Gyms

Direct Debit for Gyms It’s well known that Aussies love their fitness, with nearly 50% of Australians between the ages of 18 to 24 recorded using g...

Read more

Commissions

Get Money Back with Customer Commissions Get paid by simply being our customer! As a little kick back for our clients, Biz Core direct debit servic...

Read more

Loan management software FAQs

Why is sports membership payment software important?

Sports clubs have a range of fees and costs that need effective management. From day-to-day payments to competitions to club fees and membership, there are a lot of payment structures that need to be accounted for. A sports club payment system is built to meet these unique needs and make payment processing and collection simple.

 

Read more: Why is a Sports Payments System Important?

What fees can be charged on a credit card account?

Credit card issuers may charge various fees associated with credit card accounts. These fees can vary among different card issuers and may include the following:

Annual fees

Interest charges

Penalty fees, such as late payment fees and overlimit fees

Transaction fees, including foreign transaction fees and cash advance fees

Miscellaneous fees, such as balance fees and returned payments fees balance

However, fees can vary based on the card issuer, the type of credit card, and the terms of the card agreement. So it’s important to check with your card issuer to confirm what fees you may be charged.

Can I pay as credit with a debit card?

Yes, in many cases, you can use a debit card to make payments as if it were a credit card. Debit cards typically have a Visa or Mastercard logo, allowing them to be processed as credit cards in situations where credit card payments are accepted.

Whether using credit cards, debit cards, or direct debit, Biz Core makes payment processing for schools and their families easy. Contact us today for more information and a free live demo.

What is a processing fee?

A processing fee is a charge imposed by a financial institution, payment service provider, or merchant services provider for processing a transaction or providing payment-related services. This fee is applied to cover the costs associated with facilitating the transaction and maintaining the infrastructure required for payment processing. The processing fee amount can vary based on several factors, including the type of transaction, payment method, provider policies, and the nature of the service offered.

Who initiates a direct debit payment?

A business will initiate a direct debit payment. However, this will only occur once the business has obtained a signed direct debit authority form from the customer.

Biz Core makes setting up a direct debit easy for both your business and your customer. Contact us today for more information and a free live demo!