Here at UntangleMyWeb.com we are constantly being asked about what are the best, cheapest Payment gateway to use to transfer your online sales dollars into your bank account.

Is it Paypal, Eway or what are the other options? The first thing you need to realise is that you might not be comparing apples with apples as each gateway has a different way of calculating cost. It doesn't make it any easier does it?

• For instance, PayPal charges a % and cost per transaction but doesn't require you to have an online merchant account with your bank
• Eway on the other hand is a true "payment gateway" and needs to integrate with your bank online's merchant account.

In order to help small businesses in Australia make an educated decision in terms of choosing the right payment gateway for their business we have tried to come up with a precise yet concise chart. We have based our calculation on an average transaction of $400 and an average of 180 transactions per year. This would be a total of $72,000 dollars of online sales.

Comparison of fees and charges for Australian Payment Gatweways and PayPal