Back to: Transaction Services

Striking a balance between offering convenient payment methods to your customers and implementing low cost solutions for your business can give you a competitive advantage. With the right mix of receivables options, you can make it easy for your customers to pay you, while you manage the collection costs. Westpac's Transactional Banking team understands the options available and specialises in structuring the right solutions for your business.

Talk to us about

• A total receivables solution
• Optimising the use of low cost channels
• Influencing behavioural changes to maximise use of more efficient revenue collection channels
• Supporting your customer service charter
• Straight through processing - not straight to printer for rekeying
• Simplifying conversion of receivables into cash
• Integrating shared service operations
• Offering your customers telephone and Internet payment options
• Accepting credit and debit card payments
• Outsourcing cheque collection and reconciliation