SnapBill is a payment facilitator and management system, not a payment gateway. SnapBill processes credit card payments via a third party payment gateway.
To process credit card payments you are required to have an account with a third party payment gateway like Netcash or MyGate and a merchant account at a financial institution. Credit card payments are processed by Netcash or MyGate and the funds are directly deposited into your merchant account.
Because SnapBill is not a payment gateway it does not charge any transaction fees. Only fees from third party payment gateways and financial institutions apply.
SnapBill facilitates the automation of your billing and allows you to manage and process transactions from several different payment gateways. Because SnapBill stores all your client and payment data securely it is gateway independent - allowing you to switch your payment gateways at any time.

The article has been updated successfully.


