What is TravelPay PayID?
Unique PayID For Your Office
Your TravelPay PayID is a unique email address, eg @travelpay.com.au
So you can get paid securely
Once set up, you can simply provide your PayID for payments instead of handing out your BSB and account number.
with Instant Notification
You receive instant notification of payment, and receive the funds into your bank account by lunchtime the next business day AEST.
Benefits of setting up a TravelPay PayID?
More Secure
No need for you to give your BSB and Account details, which fraudsters can use to direct debit.
Fewer Mistakes
Your customers or clients can see your business name before they confirm their payment, helping protect you from scammers and mistakes.
Always On
Operates 24×7 365 days a year.
Easier reconciliation
Extra payment references to help identify and reconcile transactions.
Very fast payments
Payment is in ‘real time’ and visible in your payment history straight away.
Fast settlement
We settle your bank account by lunch time the next banking day AEST.
All for one low cost
TravelPay PayID costs $1.00 incl GST per transaction^. The cost is simply taken out of the settled funds.
Plus you get rewarded
How does it work?
Once you have a PayID set up with TravelPay:
1
Your customers log in to their internet banking – APP, phone or desktop
2
They go to pay a business as they normally would. But instead of entering a BSB and Account Number, they select to use PayID (available at all banks in Australia).
3
They enter your TravelPay PayID email address and your business name will then be displayed to them.
4
They enter the amount and a description you provide (e.g. booking name / Reference number).
5
Payment is INSTANTLY processed and is visible in your portal
6
You receive the funds by lunchtime the next business day, less the transaction fee ($1.00)^.
* A business must be a Qantas Business Rewards Member to earn Qantas Points for business. A one-off join fee of $89.50 including GST normally applies, however this will be waived for TravelPay agents using this link. Membership and Qantas Points are subject to the Qantas Business Rewards Terms and Conditions. Qantas Points for business are offered under the TravelPay Merchant Terms and Conditions. TravelPay agents earn 1 Qantas Point for TravelPay PayID transactions. Qantas Points will be credited to the Members’ Business Rewards account within 90 days following the eligible transactions. Any claims in relation to Qantas Points under this offer must be made directly to TravelPay by emailing [email protected]. Travel agents must ensure that the ABN registered with Qantas Business Rewards is saved on the Profile page of their TravelPay portal in order to earn Qantas Points.
^ TravelPay PayID transactions incur a $1.00 (incl GST) processing fee per transaction. The processing fee is taken out of the total payment amount settled into the merchants bank account.