PayTo (Coming Soon) For Business
Receive instant payments from your customer’s bank accounts, with the speed and security of a credit card transaction!
What is PayTo?
PayTo allows you to accept real-time payments from a customer’s bank account. It offers you the best of both worlds — you can enjoy the speed and security of a credit card transaction, whilst still offering customers convenience of a bank account transfer. In other words… a customer can transfer you money from their bank and you receive it instantly!
Who should use PayTo?
PayTo is a great option for businesses that want to receive their money faster, whilst still being able to offer customers the option to pay with their bank account.
A lot of businesses process payments with credit cards because they don’t want to wait for the funds to clear, and they’d like to offer bank accounts but it takes too long. Now you can do both!
What are the benefits of PayTo?
Instant Confirmation
Get a real-time response to see if a payment was successful, and receive your funds right away.
Fewer Failed Payments
Since bank accounts don’t expire (unlike credit cards) you’ll have fewer failed payments.
Happier Customers
Convert more sales and keep your existing customers happier by offering more payment options.
Top Tier Security
Enjoy the security of credit card transactions, whilst still being able to safely process bank accounts.
Advanced Notifications
Get notifications through multiple stages including when payments are paused, scheduled, or cancelled
Detailed Payment Info
Access to detailed payment information to assist with reconciliation and matching.
Easier Updates
Compared to direct debits which can be time-consuming to update, PayTo updates are much simpler.
Smoother Experience
Overall, PayTo provides a smoother experience and allows customers to set and forget their payments.
Want to use PayTo for your business? Contact our team today to get started.
