Easily schedule a regular collection of credit card and direct debit payments
- Perfect for businesses that direct debit their customers on a regular basis
- Ensures steady cash flow
- Choose from single or dual authorisation options
- Freedom to set periodic payment collection; from weekly through to annually
- Variable payment amounts can be processed via uploading a file by simply completing a spreadsheet containing a list of customers and the amount to be debited or send a payment message from your system.
- Multiple reporting options cover failed payments, expiring credit cards and final payment due
- Settle your funds into a Westpac Business transactional accountand receive same day settlement for transactions processed before 6pm (Sydney time).
- PayWay Recurring Billing accepts Direct Debit, Mastercard®, Visa, American Express®, Diners Club and JCB
- Flexibility to charge a one-off setup fee or residual amount on the final payment
- Your customers can register for automatic payments online by themselves, by simply adding a link from your website to the secure PayWay Recurring Billing sign up page
- Download a daily, weekly or monthly settlement report showing totals for each day
- The Customer Vault feature assists with PCI-DSS compliance by storing credit card and bank account details.
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Things you should know
Applications for merchant services are subject to approval. Terms and Conditions and other fees and charges apply. Full details are available on request.
American Express® is a registered trademark of American Express. The Westpac American Express Card is issued by Westpac Banking Corporation pursuant to a license from American Express.