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PaymentsPlus

An all-in-one platform for managing payables in bulk.

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One platform, multiple ways to integrate

PaymentsPlus is Westpac's enterprise-grade payables platform bringing domestic, international, and real-time payment rails into one secure workflow - with flexible file and API connectivity, built-in controls, and end-to-end tracking.

Benefits for your business

One platform for all payables

Consolidate batch EFT, RTGS, BPAY®, real-time payments (Osko® and Osko® Flex) and international payments within a single payables workflow.

Flexibility to transition at your own pace

Support real-time payments where they add value, while continuing to run existing payment methods as required.

Improved visibility and governance

Track payment status, apply approval controls, and maintain a clear audit trail across all payments.

Reduced operational effort

Streamline payment processing, reconciliation, and reporting through consistent file formats and integration options.

Westpac Verify with Confirmation of Payee for safer payments

Verify recipient account details when onboarding payees or before processing payments, helping reduce misdirected payments, scam risk, and costly rework.

How PaymentsPlus works

Create and submit payments

Create a single payment file in CSV or ISO 20022 with multiple payment types. For single, on-demand Osko payments, submit directly via API.

Process payments

Submit the file via API, iLink (SFTP), or Portal.

Track and manage

Track and trace payment status through response files, or view live payment status in the PaymentsPlus Portal.

Benefits for your payees

Faster access to funds where required

Real-time payments can be used for urgent or high-priority transactions.

Clear remittance information

Rich payment data can help payees reconcile payments more easily.

Reduced payment errors and delays

Verification processes help ensure payments reach the right account.

Consistent payment experience

Regardless of payment type, payers benefit from traceable payment processing.

Technical benefits for your organisation

Built for enterprise integration and scale

PaymentsPlus is designed to integrate seamlessly into complex technology environments.


Integration options include:

  • Portal-based upload and live transaction monitoring.
  • Host-to-host/SFTP connectivity for batch payment processing. 
  • API for direct system integrations.
  • Support for ISO 20022 messaging, enabling richer payment data and future-ready capabilities - or a readable CSV format for ease of integration 

 

Learn about implementation

 

Next steps for your business

Find the right solution fast

Online tool

Unsure whether a solution is the right fit for your organisation's real-time payment needs? Our Solutions Finder Tool can help — and fast.

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Frequently asked questions

What types of payments does PaymentsPlus support?

PaymentsPlus supports a range of payment types including Direct Entry (EFT) RTGS, BPAY, international payments (Overseas Telegraphic Transfer), and Bulk® Osko - allowing you to process multiple payment types through one payables platform.

PaymentsPlus enables a gradual transition to real-time payments, helping organisations modernise payables while continuing to support existing payment processes. For example, if you process payments via a file, you can submit both Direct Entry and Osko® payments through the same file. You could also use Osko® Flex for an automatic fallback to Direct Entry for accounts that are not NPP-reachable.

PaymentsPlus includes Westpac Verify with Confirmation of Payee (CoP) to help confirm payee account details, reducing the risk of misdirected payments. Verification can be completed as a single lookup in the PaymentsPlus portal or via API. For bulk-use cases, you can submit payee details via file upload through iLink (SFTP), or integrate via API to support automated checks within your existing payables workflow.

Already with Westpac?

Chat to your relationship manager about the real-time solutions best suited to your business.

New to Westpac?

Chat to a payment expert about the real-time solutions best suited to your business.

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Things you should know

Osko® and BPAY® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.