Cheapest low volume debit order service?

[McGuywer]

As per title, thinking of starting a small business with debit orders of less than R1500 per month and less than 100 debit orders.

Whom should I use? What are your experiences?

 

[owl]

Did you find any?

 

[McGuywer]

@owl
Nope, not yet.
I know Sage is an option but not sure of the fees.

 

[mh348]

Check MyGate, PayGate, and similar companies.

MyGate's Pricing:
https://mygate.co.za/payment-solutions/collections/pricing/

*just check with them if the monthly fee includes any transactions like with their Credit Card processing, the monthly fee gives you x amount of transactions, then after that, you pay per transaction.. Not sure if it works the same for Debit Orders.

If your volumes/numbers are low, better to stick with EFT and make clients pay in advance 3 months/ 12 months etc so you don't have to deal with monthly collections on small amounts.

 

[McGuywer]

Thank you @mh348

Makes sense to ask clients to pay in 3 or 12 months advance.