If you run a business with repeat customers (like a daycare centre or gym), you can use Fetch Recurring Payments to sign your customers up to pay you by direct debit — something previously only available to large companies.
You’ll know ahead of time the date and amounts you’ll receive from your customers — no more chasing payments.
Just like our regular direct debit service, you’ll get your customers to sign a direct debit authority form. Once signed, send it to us and we’ll load the customer’s details into Fetch. When each payment is due, their account will be debited automatically.
Log in at fetchpayments.co.nz to:
|Fee||Up to 100 transactions monthly||101-500 transactions monthly||501+ transactions monthly*|
|Application and set up||$200||$200||$200|
|To set up each direct debit authority||$4.65||$4.15||$3.85|
|For each transaction processed||$1.15||$0.90||$0.65|
* If your business is processing more than 500 recurring payment transactions a month, our direct debit service may be a better option for you.
You’ll be charged each time you request one of the services below, unless the service is done through the online Fetch system. This may include, but isn’t limited to, requests via phone, email or fax.
|Customer - profile or account update||$15.00|
|Direct debit - authority dispute||$15.00|
|Direct debit - manual refund or reversal||$15.00|
Batch uploads — upload payment information from your accounting software to collect lots of payments at the same time.
Sub-accounts — set up additional accounts so other branches of or people in your organisation can use the Fetch system.
Customised forms — professionally brand your direct debit forms. You can include your logo, contact details and payment preferences.
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Fetch terms and conditions apply. Fetch is only available for business banking purposes. The Kiwibank “Fetch” name, logos and related trade marks are owned by Kiwibank Limited.