REAL-TIME PAYMENTS FEEL REAL GOOD
The new, digital way to take real-time payments
Get familiar with PayTo Biller: a modern payment solution that can help your business run smoothly. With benefits like instant notifications and real-time funds settlement, you don’t have to wait three business days to get a clearer picture of your cash flow.
What is PayTo Biller?
It’s a new payment solution that allows businesses to take pre-authorised payments for things like recurring or one-off bills, memberships, subscriptions, online shopping and more. As payments are processed instantly, it can reduce costs associated with failed or cancelled payments.
PayTo Biller is an industry initiative that is supported by most banks in Australia.
Faster payments
With real-time, reliable payments you can stop worrying about when you’ll get paid.
No surprises
Instant account validation and funds verification reduces errors and saves you time in the long run.
Instant updates
Get notified immediately when a customer cancels, pauses or amends their PayTo Payment Agreement.
Easy reconciliation
Secure, data-rich payment records are stored centrally to help speed up reconciliation.
Simple set-up
PayTo Biller can be added to your PayWay account in a few minutes.
How will my customers use PayTo Biller?
Your customer chooses PayTo at checkout.
They enter their PayID, or their BSB and Account Number, to instantly set up a simple PayTo Payment Agreement.
Your customer will receive the PayTo Agreement to approve in their Online Banking platform. Their account will then be debited within the terms of your agreement with them.
Things you should know
Read the PayTo Biller Terms and Conditions (PDF 99KB), Westpac Online Banking Terms and Conditions (PDF 620KB) before making a decision and consider whether the product or service is right for you. Online Banking is subject to outages from time to time.
Applications for the PayTo Biller are subject to approval.
PayTo is a registered trademark of NPP Australia Limited.