BPAY®

BPAY® is a cost effective and efficient solution for payment collection that provides benefits to both your business and your customers. 

Whether your business is large or small, BPAY® is a great way to collect payments from your customers either by phone or internet banking. You can give your customers the option to pay by credit card or from a cheque or savings account and you receive their payments on a same-day basis. And because BPAY® provides an electronic record, you can download the data and reconcile payments against your receivables system. 

Benefits of BPAY®

For your business

• Access to cleared funds maximising your cash flow.
• Efficient payment collection as you get cleared funds with same-day value.
• No dishonours as payer’s account is checked before payment accepted.
• Enhanced payment reconciliation with validated customer reference numbers, reducing your administrative costs.
• Improved customer service by offering flexible payment methods to your customers.

For your customers

• Convenience of paying bills via phone or internet at any time.
• Flexibility to pay from savings or cheque accounts and credit card if permitted.
• Pay bills from numerous organisations using the same simple service.
• Ability to schedule payments to occur when they are due.
• Peace of mind using a trusted payment service.

• Important information
  As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. View our Financial Services Guide (PDF 217kb).
  
  ® Registered to BPAY Pty Ltd ABN 69 079 137 518