The way Australians pay and get paid will change in July 2022. PayTo, a pre-authorised real-time account-to-account payments platform supported by the New Payments Platform Australia, banks and fintechs like Azupay will streamline your customers’ experience and digitize your legacy systems.
The way Australians pay and get paid will change in July 2022. PayTo, a pre-authorised real-time account-to-account payments platform supported by the New Payments Platform Australia, banks and fintechs like Azupay will streamline your customers’ experience and digitize your legacy systems.
Why your business should be getting ready for PayTo
PayTo is the new, digital way for businesses to initiate real-time payments straight from your customers’ bank accounts. This brings new opportunities:
- Create long term relationships with your customers
- Modernise your back-office with straight-through-reconciliation
- Offer customers a consistent way to pay across all channels – bills, online, in app or at the counter
- Reimagine product and service subscriptions
- Migrate legacy direct debit arrangements to real-time
PayTo enables businesses to thrive in a digital economy with fast and secure payments that keep money moving 24/7.
Your customers want more control
Your customers’ expectations have changed so businesses need to embrace faster, safer and smarter payments or risk missing out. From phone bills to flights or music subscription – PayTo gives customers more control over payments straight from their bank account, helping make life admin that little bit easier.
- PayTo brings convenience and removes payment friction.
- No downloads, customers just need an Australian bank account
- Customers can easily move arrangements between accounts
- Using their PayID customers can safely and easily sign up to a recuring payment
- PayTo bring next level security supported by all the banks
With PayTo, customers will have more transparency and control over payment arrangements through an enhanced, digital experience.
PayTo is easy with Azupay
Azupay are leaders in real-time pay-in and pay-out solutions. Our deep industry knowledge and best-in-class suite of products enable businesses and their customers to pay and get paid faster, safer and smarter. Partnering with Azupay means you will be working with the leading experts in payments, customer experience and system integration. Resolve complex integration with our simple to integrate APIs, turning project timelines from months to days.
Learn more about PayTo by contacting our friendly Sales team at [email protected] or read our latest white paper at https://azupay.com.au/payto
