Now accept card payments via BPAY®
What is BPAY?
Sole traders using Biz Invoice can now apply for and offer BPAY as a payment option (if eligible*). This national electronic payment service gives your customers the option to pay you by credit or debit card – over the phone or through their internet banking.
What’s in it for me?
Giving customers convenient ways to pay generally speeds up payment. With BPAY you can offer your customer the versatility of card payments in addition to standard Biz Invoice direct deposits.
Better still:
- With BPAY you don’t need an EFTPOS terminal to accept card payments
- You’ll receive payments in your account faster
- BPAY payments will be reconciled automatically through your Biz Invoice online tool
- You can apply for BPAY in minutes via the Biz Invoice Settings tab.
If customers pay an invoice with your BPAY details it will cost you just 80 cents per transaction. The total fees each month for BPAY will be deducted on the first business day of the following month.
Things you should know
To be eligible for Biz Invoice you must you must be registered for Online Banking and hold a Westpac Business One Low Plan or Business One High Plan account. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement at www.westpac.com.au/business-banking/online-banking/ and https://www.westpac.com.au/business-banking/bank-accounts/, before deciding.
BPAY Eligible Account Holders: To be eligible to set up BPAY Payments with Biz Invoice you must be registered for Online Banking and be a Sole Trader who is the sole owner of the Westpac Business One Low Plan or Business One High Plan account to which Biz Invoice is linked. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Biz Invoice BPAY Sub-Biller Agreement Terms and Conditions (PDF 104KB) and Direct Debit Request including the Direct Debit Request Service Agreement (PDF 36KB), before deciding. Terms, conditions, fees, charges and eligibility apply. Full details are available on application.
BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.