Business
February 19, 2025
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The True Cost of Traditional Payment Gateways: Why It’s Time for an Upgrade

Traditional payment gateways might seem cost-effective at first glance, but hidden fees and limitations can quickly add up. Here’s why SMEs should consider upgrading to the Xpanse Universal Gateway:

Hidden Costs of Traditional Gateways

Many gateways and payment providers come with a long list of different fees, maintenance costs, and additional charges for features like fraud prevention or advanced reporting. Over time, these expenses can cut into profit margins. Xpanse’s low-cost and transparent business model eliminates unnecessary fees while still delivering robust functionality at an affordable price.

Limited Payment Options

Traditional gateways often focus on card payments and a narrow range of alternatives. This limits customer choice and may result in lost sales. The Xpanse Universal Gateway supports a wide variety of payment methods specifically collated for Australian SMEs, including cards, digital wallets, real-time payments, and BNPL options like Zip and Afterpay, ensuring you never miss an opportunity to close a sale.

Lost Opportunities Due to Complexity

Complex setups and limited flexibility can delay implementation and frustrate customers. Xpanse’s seamless integration and flexible contract options make onboarding simple, allowing SMEs to start accepting payments faster and more efficiently.

By choosing Xpanse, SMEs can avoid the hidden costs and missed opportunities associated with traditional gateways, empowering their business to thrive.

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