PHASE 1: Interim access to application forms
PLEASE NOTE:
a Rate Review must be completed before an application form is to be signed. This is because we need to assess the rate for each application based on the last 3 months of Merchant Statements
If the Merchant has no trading history, OHQ will assess and release a rate based on Post Code and Industry (this will be automated in phase 3)
There will initially be 4 templated approaches for Surcharge
Template 01
Visa and Mastercard 1.98%
EFTPOS (Cheque and Savings) $0.30
Download button links go LIVE on Sunday18/02/18
Template 03
Visa and Mastercard 1.79%
EFTPOS (Cheque and Savings) $0.50
Template 04
Visa and Mastercard 1.79%
EFTPOS (Cheque and Savings) $0.30
Template 05
Visa and Mastercard 1.75%
EFTPOS (Cheque and Savings) $0.30
Template 06
Visa and Mastercard 1.65%
EFTPOS (Cheque and Savings) $0.30
PHASE 2: Application Forms generated by OfferHQ
Because the rate needs to be assessment for each merchant, the correct surcharge rate needs to be added to the PDF. In phase 2, we will be injecting this information, into the PDF specific for that merchant
PHASE 3: New Merchant Surcharge Allocation
In phase 3, the surcharge rate for New Merchants will be automatically applied base on Post code and Industry