BPAY® is a national bill payment service jointly developed by Australia’s leading financial institutions. It’s a simple and straightforward way to pay bills, with customers making payments directly through their own financial institution’s phone or internet banking service.
BPAY is best suited to business customers that receive payments of a recurring nature, typically that issue upward of 100 invoices per month. Your customers can make payments from either their debit or credit card accounts.
- Same day cleared funds - BPAY provides your business with same-day cleared funds (provided the payments are made before nominated cut-off times). This can reduce delays and dishonour fees, and accelerate your cash flows
- Save time and money - BPAY may even save your business time and money by reducing the need for manual processing of payments and streamlining reconciliation and reporting. You'll receive BPAY payments electronically, which you can personally customise to suit your accounting package
- Accuracy and support - Customer reference numbers are checked and validated providing an added level of accuracy for your business. You and your customers receive registration and enquiry support through your financial institution.
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® Registered to BPAY Pty Ltd ABN 69 079 137 518