Pricing
It is free to join Yak Pay. There are no ongoing or monthly fees, and no hidden fees of any kind.
You only pay a small processing fee for each payment processed. American Express fees also vary based upon the payment amount.
Bank Transfer
0.60%
+GST
per successful payment
1 Point per $3
All payments
Credit Card
1.00%
+GST
per successful payment
1 Point per $10
ATO - 1 Point per $7
Credit Card
1.20%
+GST
per successful payment
1 Point per $10
ATO - 1 Point per $7
Credit Card
1.79% - 2.15%
+GST
per successful payment
1 Point per $10
ATO - 1 Point per $7
Please note: all processing fees are tax deductible. Tax Invoices are provided for all processing fees charged.
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Processing Fees are reduced for large value payments.
American Express Standard Tiers
| Payment Amount | Fee |
|---|---|
| $0 - $29,999 | 2.15% +GST |
| $30,000 - $99,999 | 2.10% +GST |
| $100,000 - $499,999 | 1.99% +GST |
| $500,000 - $999,999 | 1.89% +GST |
| $1,000,000 + | $1.79% +GST |
Yak Pay makes accounts payable, a typically slow and dull process, easy, painless and rewarding. Yak Pay holds a key belief that business owners should be empowered and that accounts payable should work for you, not against you.