Transaction banking
We help businesses move faster and compete smarter with real-time payments.
Partners in real-time payments
Whether your business requires straightforward transactions or has more complex requirements, we can provide customised solutions that meet these needs in any stage of the business cycle. Our priority is to provide you with innovative cash management and transactional solutions backed by state-of-the-art technology.
New Payments Platform
The New Payments Platform (NPP) makes real-time clearing and settlement between consumers and businesses a reality using Osko, PayTo and PayIDs.
Managing your payables
No matter who you are paying, Westpac offers a range of payment solutions including single and bulk transactions, real-time, domestic, or international.
Managing your receivables
Innovative solutions such as PayTo and PayID Biller for Corporates and Institutions enable digital, real-time transactions directly from your customers' bank accounts.
Coupa procurement solutions
Coupa is a cloud-based business spend platform that digitises the purchasing and procurement process- from sourcing and supplier management to budgeting, reporting, and expense management.
Managing working capital
Managing cash is about more than earning competitive interest rates. We match our customers with cash solutions to enable cash to be managed effectively.
Connecting with Westpac
Westpac connects your business to a global market with Corporate Online, Westpac Integrated Banking Services, QuickService and SWIFT for Corporates.
Your partner for real-time payments
Australia is undergoing a once-in-a-generation payments revolution, are you ready?
Latest articles on payments
Surcharging ban: How to get ready for the new retail payments reforms
From 1 October 2026, merchants will no longer be allowed to charge their customers a surcharge when they pay with a card. It’s part of a suite of retail payments reforms being introduced by the Reserve Bank of Australia.The changes present an opportunity for businesses to review what their own payment service provider is charging them to accept payments and ensure that they receive the full benefit of all the reforms, says Joel Lenhardt, Managing Director of Merchant Payments at Westpac.
Australia’s payments system works — that's not a reason to wait.
Australia’s payments rails are among the best in the world, but global money is changing fast. As stablecoins, deposit tokens and tokenised assets move from experimentation to real use in cross-border payments and markets, the question is less whether change is coming, and more whether Australia will proactively shape it or inherit it.
Stablecoins and Australia's financial architecture: A policy choice, not a technology question
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Stablecoins and Australia's financial architecture: A policy choice, not a technology question
The countdown is on for regulatory clarity on stablecoins, and it's time for banks, regulators and policymakers to prepare for what could be a fundamental reshaping of Australia's financial system. Here's what you need to know.