BPAY®

Whether your business is large or small, BPAY® is a great way to collect payment from your customers electronically. You can reduce your overheads and improve cash flow, while your customers can benefit from its flexibility and convenience.

A simple two stage process
We’ll help you to configure your bill with the BPAY® and your biller code. Then we set up electronic access to the Bank so you can retrieve your payment information.

Bill payment, collection and reconciliation
Once you’re established as a BPAY® biller your customers can simply pay a bill using their phone or Internet banking service, by providing your unique biller code and their unique reference number, and nominate how much they wish to pay.

Funds are then credited to your account with same-day value. And because BPAY® provides an electronic record, you can download the data and reconcile payments against your receivables system.

Features
BPAY® offers:

How can your business benefit?
BPAY® is provided at a far lower cost than similar direct payment services. And you can give customers the option of paying their bill by credit card or from their cheque or savings account, reducing the potential for bad debts and late payments.

® Registered to BPAY Pty Ltd ABN 69 079 137 518

Important information about advice
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 59kb).

Other important information
Applications for finance are subject to the Bank's normal credit approval. Full terms and conditions are included in the Loan offer. Bank fees and Government charges may apply.