Our platform supports two fundamentally different outbound payment workflows.
Simply send us the instruction to disburse funds from our settlement account.
Review Payment APIs
To make outbound payments using the Payment API you will need funds in our settlement account
Check Balance management to see more about maintaining a settlement balance
It is possible to configure PayTo Agreements so they allow initiation of payments from your own bank account to other accounts you specify. This enables outbound payments directly from your account and not needing to use our settlement account.
Check PayTo availability for business banking with your bank
At time of writing not all banks in Australia support PayTo Agreement approvals. If your bank does not yet allow you to approve PayTo Agreements on your bank account you will not be able to use this method.
Updated 3 months ago