6 Benefits Of Using BPAY Payments For Your Business

What are BPAY Payments?

BPAY payments are one of the most popular and convenient ways for your customers to make a payment through online banking. 

Your customers have the ability to choose which account they pay from, and can even schedule payments so they don’t have to worry about it in the future.

Reach out to the friendly experts at PayChoice if you have any concerns, or queries or are looking to get a free pricing quote. You can also visit our website for more information about our services and about our company.  

What are the benefits of BPAY Payments?

BPAY payments are extremely beneficial and give your company various competitive advantages over other similar businesses. 

Using BPAY is advantageous because it: 

  • Allows your business to have better cash flow since money is cleared within one business day

  • Improves your ability to identify which customers have paid their accounts since the BPAY customer reference number (CRN) is unique to each customer as well as unique receipt numbers 

  • Allows your customers to no longer need to pay in person, or to write and send a cheque

  • Gives your consumers the convenience of paying bills any time of the week and being able to pay more than one bill at a time 

  • Offers your customers several payment options from cheque, savings account, or credit card

  • Provides the convenient option of scheduling payments for the future and therefore bills are always paid by the due date

What Happens If You Don’t Use BPAY Payments?

There are over 16% of buyers who will abandon their purchase if their preferred payment method isn’t available. In other words, 4 out of 25 people will stop their purchase, merely because your business is failing to keep up with consumer needs.

Your business could be facing revenue loss right now. No one wants to enter their long card number into their browser. Traditional banking will not get you or your business far. 

By offering more flexible online banking options such as BPAY payments, you could stop losing essential revenue and retain both existing and new customers.

If you want to prevent these consequences from occurring and stop missing out on lost opportunities, sign up for BPAY payments now.

Payment Services    

All in all, BPAY payments are extremely affordable, convenient, and safe. By offering BPAY as an option, both you and your business as well as your customers will ultimately benefit.

If you are looking for reliable and professional experts to handle all your money transfer needs, PayChoice is here for you! 

PayChoice is highly trusted by over 3000 companies for over 15 years. This is because we offer:

  • Extremely low fees 

  • Integrations 

  • Tier 1 PCI DSS security

  • Excellent customer support  

We offer a variety of other services such as direct debit payments, online gateways, ecommerce solutions, payto solutions as well as credit cards and real-time payments. 
Get in touch with us if you have any concerns, or queries or are looking to get a free pricing quote. You can also visit our website for more information about our services and about our company. 

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