OnlinePay Application

OnlinePay comes with a business transaction account for easy settlement of your payments. If you're a Sole Trader, we'll only open a business transaction account if you don't already have one.

OnlinePay
OnlinePay A scalable solution that grows with your business: You don't need a website to get started, as you can send payment links by the channel of your choice (SMS, email, or social media). Use the dashboard to view and reconcile your OnlinePay, and eligible EFTPOS Air, and in-store¹ transactions in real time. Payment convenience for you and your customers: Flexible options to take payments when you're not face-to-face with customers via your website, virtual terminal, or payment links. Safe and secure payments: Ability to secure your payments with 3D Secure.

Business One
Business One No monthly fee business account: Our award-winning everyday business account with $0 monthly fees. Help make tax time simpler: Connect to accounting software like MYOB, Xero, QuickBooks, and more with bank feeds.

Are you already a Westpac customer?

Yes

Eligibility check for online opening

Are you a sole trader?

Yes

What to have handy

Your Westpac Online banking sign in details.
Depending on your business structure, your Online Banking profile may need administrator authority.
Your ABN, and foreign tax details (if applicable).

By continuing you agree

To begin, you acknowledge:

You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
You have read our Financial Services Guide (PDF 249KB) which provides important information on the financial services and products we offer as a financial services licensee.

By opening the account, you agree:

To the Deposit Accounts for Business Customers Terms and Conditions (PDF 819KB) and the Online Banking Terms and Conditions (PDF 740KB) that apply to the products and services you are applying for.
To us sending you a Business Debit Mastercard® and linking it to your account, as set out in the Business Debit Mastercard® Terms and Conditions (PDF 287KB) (if applicable).
To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application.
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, you will receive account statements in paper form.
To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.

Applications for OnlinePay are typically reviewed within one business day.

Ready to get started?

Yes, continue Yes, continue

No, I want to look at something else.

How is your business structured?

Company or Association

Other

You'll need to open a business transaction account if you don't already have one.

Applications for OnlinePay are typically reviewed within one business day.

Ready to get started?

Yes, continue Yes, continue

No, I want to look at something else.

You'll need to open a business transaction account if you don't already have one.

Partnerships, Trust and Other Business structures can apply for OnlinePay by calling us on 1800 029 749 (8am - 8pm Sydney time, Mon - Fri).

Call 1800 029 749 Call 1800 029 749

Eligibility check for online opening

Are you a sole trader?

Yes

What to have handy:

Your mobile phone by your side.
Two of the below ID documents to verify your identity:
- Australian driver licence
- Medicare card
- Passport
- Australian birth certificate
Have your ABN and foreign tax details handy, if applicable.

By continuing you agree

To begin, you acknowledge:

You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
You have read our Financial Services Guide (PDF 249KB) which provides important information on the financial services and products we offer as a financial services licensee.

By opening the account, you agree:

To the Deposit Accounts for Business Customers Terms and Conditions (PDF 819KB) and the Online Banking Terms and Conditions (PDF 740KB) that apply to the products and services you are applying for.
To us sending you a Business Debit Mastercard® and linking it to your account, as set out in the Business Debit Mastercard® Terms and Conditions (PDF 287KB) (if applicable).
To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application.
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, you will receive account statements in paper form.
To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.

Ready to get started?

Yes, continue Yes, continue

No, I want to look at something else.

How is your business structured?

Company

Other

You'll need to open a business transaction account before you can apply for OnlinePay.

Get a $100 warm welcome

Open a new $0 monthly fee business transaction account, deposit a minimum of $100 in a single transaction within the first 10 days using the description WELCOME100 and pocket $100 on us. New business customers only. T&Cs apply.^#

Open Business One Open Business One

Complete your application in branch

At the moment, you can only apply online for a Westpac Business One account and OnlinePay facility if you are a sole trader or already an existing Westpac business customer (association, company, partnership, SMSF, trust, or not-for-profit).

If you or the person you’re applying with need to visit a branch to open your account. Please make sure you:

Find out what ID and other documentation you need to provide in the new customer checklist.
To ensure we’re best prepared to help you, please call the branch first to make an appointment.

Find a branch Find a branch

Things you should know

1. The dashboard can be used to view transactions made via EFTPOS Air, EFTPOS Now, EFTPOS Now with Presto, and EFTPOS Flex.

2. Fees may be incurred for certain electronic transactions such as foreign transactions and withdrawals from some overseas ATMs. Customers must be able to meet any applicable fees and charges. For a complete view of fees, please refer to our Terms and Conditions (PDF 819KB).

3. Westpac transfer fees still apply for funds sent in Australian dollars. Receiving bank fees may also apply, check the currency converter for indicative rates and fees.

4. Business Debit Mastercard® holders need to be at least 18 years of age, and other eligibility criteria apply.

5. Card Lock will temporarily stop new transactions on your card for up to 15 days or until reactivated. The card will reactivate after 15 days if you do not cancel the card. Cards to which a temporary lock can be applied will be listed when you sign in to Mobile Banking or Online Banking and visit Lock a card temporarily under Cards services.

6. Optional overdrafts are subject to credit approval, eligibility criteria and fees.

# $100 Welcome Offer (Welcome Offer or Offer): This Offer is available to selected customers only and is subject to eligibility requirements.

To be eligible for the $100 Welcome Offer, you must (1) open a Business One or Business One Plus transaction account (Account) (2) have deposited a minimum of $100 in a single transaction within 10 Days of account opening and (3) you must also add a payee description "WELCOME100" to the deposit transaction when transferring the $100 into your new account from another account or financial institution.

Eligibility is limited to a single offer per Account and a single offer per customer. The Offer is available to new Business One or Business One Plus transaction account customers that open a new Account during the Offer Period. Where a Joint Account has been opened, eligibility is limited to a single offer to the primary account holder. The primary account holder is not eligible if, in the last two years, the primary account holder had held or already hold a Business One, Business One Plus, Business One Low Plan or Business One High Plan transaction account.

The $100 Welcome Offer will be provided by way of direct deposit to the newly opened Business One or Business One Plus account within 60 Business days after you meet the eligibility criteria. You are not eligible to receive the offer if you do not include the payee description of "WELCOME100" to the transfer of funds.

The Offer is available from 3rd February 2025 until 31st January 2026 (Offer Period), however, the Offer may be withdrawn or varied at any time without notice or for any reason. We may refuse to provide you or withdraw the Welcome Offer payment if, without limitation, we reasonably believe that (i) you do not comply with these Terms and Conditions or the Terms and Conditions of Business One or Business One Plus, (ii) your account is fraudulent, (iii) you are not acting in good faith, or (iv) you have closed your Business One or Business One Plus account prior to us depositing the $100 Welcome Offer into your new account. This Welcome Offer may have taxation implications. We recommend that you seek independent advice to determine any tax liability or other tax implications based on your individual circumstances. Business One and Business One Plus T&Cs also apply. Westpac Group Employees or where the customer or primary account holder is a Trust are not eligible for the Offer.

Unless specifically defined in these Terms and Conditions, terms used here have the same meaning as those defined in the Westpac Deposit Accounts for Business Customers Terms and Conditions.