PayWay Recurring Billing

Perfect for businesses who collect payments from their customers on an ongoing and regular basis

• Ensure a steady cash flow  by automating regular payment collection from your customers
• Offering your customers the convenience of making automatic payments.  They can pay by bank account direct debit, Visa, Mastercard®, American Express®, and JCB¹
• Set up automated payment collection; weekly through to annually
• With the added option of Customer Vault, you can securely store your customers’ credit card and bank account details
• Manage recurring payments with reports such as, failed or declined payments, expiring credit cards and final payments due
• Receive same day settlement for transactions (into your Westpac Business transactional account) if processed before 6pm (Sydney time).
  

• PayWay automatically collects payments from your customers on each due date and emails them a receipt.  The receipt can be customised with your business name and logo
• You have flexibility to charge a one-off setup fee or residual amount on the final payment
• You can add a link to the secure ‘PayWay Recurring Billing sign up page’ on your website, allowing your customers to self-register for automatic payments online
• Save time by only dealing with exceptions, you can set failed payments to be automatically retried by PayWay or manually through the PayWay website
• Customer Vault feature stores your customers’ credit card and bank account details against a unique customer number, which means customers do not have to keep entering their payment details each time they pay. This solution meets PCI-DSS compliance standards for storage
• Reconcile and report on received payments, export or view transaction history in the PayWay portal. View trends on volume and value of sales over the past two years
• Download a daily, weekly or monthly settlement report showing totals for each day
• Get PayTo^® Biller on PayWay to take control of your cash flow by initiating real-time payments from your customers’ bank accounts. 
  

• Gyms, personal trainers, group fitness instructors
• Sports and recreational clubs
• Childcare centres
• Education and training
• Insurance
• Phone rental and plans
• Subscription services
• Charities and not-for-profit organisations
• Equipment rental
• Payment plans.

Every business is unique, so to ensure we inform you about the appropriate fees for your situation, contact us for a detailed quote.