BPOINT is the Commonwealth Bank's over-the-counter bill payment facility. It allows merchants to accept bills through their EFTPOS terminal or their Point of Sale. Available through XPOS, BPOINT provides access to a 150m transaction industry in which nearly half of all bills in Australia are paid over the counter, making this the largest bill payment channel . As consumers continue to adapt to the retail convenience of over-the-counter bill payments, BPOINT presents merchants with exciting revenue opportunities. More revenue opportunitiesBPOINT provides increased store traffic and revenue. BPOINT allows you to: - Earn $0.55 commission per bill payment.
- Attract additional foot-traffic to your store.
- Offer your customers the convenience of bill payments outside of business hours.
- Be cost effective because bill payments don't attract a Merchant Service Fee.
- Process bills quickly - barcode technology and scanner means BPOINT is suitable for fast lane environments.
The BPOINT biller networkThe Commonwealth Bank is the largest biller institution in Australia with 22 of Australia's top 30 billers. The Bank is engaging this network - across utilities, telecommunications, finance, insurance, government and local councils - with a view to BPOINT adoption. TNS Sep 03. 
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