Category Archives: News

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How to Earn Qantas Points When You Get Paid Through Xero

What if your clients not only paid you on time, but you were also able to earn Qantas Business rewards each time they paid you? Sounds too good to be true? If your business uses the online accounting platform Xero to issue invoices, it is actually possible! Keep reading as we give you the tips and tricks.

How can points be generated through your Xero invoices?

Here’s the exciting news! A Xero+B2Bpay integration will allow you to issue invoices that include a link to a B2Bpay button. Your clients can pay their invoices directly to B2Bpay which will generate Qantas Points for you and your business.

Earn 1 Qantas Point for every $20 paid to you by VISA or Mastercard and watch those points grow!

Benefits of using B2Bpay to accept payments with Xero

How easy is it to get set up?

Step 1

Get set up to accept payments

Click here

Step 2

Log in and connect to Xero

Step 3

Accept card payments directly from your Xero invoices.

B2Bpay special offers:

B2Bpay is currently offering a special limited offer for businesses to easily earn Qantas Points!

Sign up to B2Bpay by 8 November can earn 20,000 Qantas Points when receiving up to $20,000 worth of payments from clients before 30 November, 2020.

Want to earn 30,000 Qantas Points? Sign up to B2Bpay by 8 November and set up your system to receive and make payments. Then all you have to do is make a total of $10,000 in payments and receive a total of $20,000 payments or more before 30 November, 2020.

B2Bpay has never made it easier for businesses to be paid. No more invoice chasing. No more additional admin work.

Join B2Bpay for free and start making more of a profit through your invoices.

Need to speak to a specialist? Call us on 1300 205 575 or drop us a line.

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The Federal budget unveiled instant asset write offs that will benefit 99% of businesses

Some great news for Australian Businesses

The 2020 Federal Budget unveiled instant asset write-offs with full deductions, providing positive news and much-needed tax breaks for businesses across the board. Effectively, businesses that make new investments will be able to write off the entire cost in one year, rather than having the asset depreciate over several years.

Who can benefit?

Short answer: 99% of Australian businesses!

Businesses with up to an annual turnover of up to $5 billion can claim immediate tax deductions on the full value of all new, eligible, depreciable assets, according to Tuesday night’s Federal Budget 2020 announcements. These include assets of any value that are first used or installed by 30 June, 2022.

The “immediate expensing” or “loss carry-back” business measures will benefit up to 99%, or 3.5 million businesses, allowing them to claim full deductions for the cost of improvements made to existing depreciable assets.

In releasing the 2020 Federal Budget  details, Federal Treasurer, Josh Frydenberg stated that the new investment incentives will allow businesses to expand, upgrade and improve their service and products.

“A trucking company will be able to upgrade its fleet, a farmer will be able to purchase a new harvester and a food manufacturing business will be able to expand its production line,” said Treasurer Frydenberg.

 

What assets can you claim under the scheme?

All new assets are eligible under the scheme, provided they meet existing criteria for depreciable assets.

Examples put forward by the government include coffee machines, forklifts, tractors, freezers and labellers.

Other examples of depreciable business assets are listed below:

  • Computers and software
  • Furniture and fixtures
  • Machinery
  • Tools
  • Equipment
  • Vehicles

There is also no cap on the value of the new assets that can be claimed. This differs from the existing instant asset write-off scheme, which has a cap of $150,000 for purchases.

The new business measures allow businesses to deduct the full value of their investments upfront, reducing the amount of tax a business will pay. Also businesses are given an extra 6 months to install or first use those assets.

What about second hand assets?

To further encourage businesses to make investments sooner, helping stimulate the economy and create jobs, small-medium enterprises (SME’s) with revenue of up to $50 million will be able to expense all second-hand assets, regardless of value.

Businesses with annual revenue between $50 million and $500 million will still be able to claim a full deduction for second-hand assets of up to $150,000 under the existing instant asset write-off scheme if they are purchased by 31 December 2020.

The instant asset write-off scheme allows businesses who already hold eligible assets to install those assets or bring them to first use has been extended to 30 June 2021.

 

How to use B2Bpay to gain even more benefits 

Taking advantage of the new instant write-off scheme, businesses can commit to investments and purchase assets through the ease and simplicity of B2Bpay. 

Your business can buy assets and pay for them by credit card using B2Bpay to: 

    • Get the tax benefits of being able to write off the cost instantly against your tax 
    • Improve  cash flow by making use of the <55 days interest free by using card 
    • Ensure your business makes timely and precise payments, well within the extended time frame.
    • Earn full credit card reward points on the cost of the purchase (which no longer has a cap!) and Qantas Points on top 

B2Bpay allows businesses to:

  • Make payments to a supplier regardless of whether they accept credit card or not.
  • Make seamless, hassle-free payments, freeing up admin time.
  • Set payments as one-off, automatic or future dated.
  • Keep accurate records of all purchases and payments, making tax time easier.
  • Earn credit card reward points and bonus Qantas Points with every payment, even utility bills and ATO payments.

To sum up

This week’s budget announcing  full tax deductions for business investments and eligible assets is optimistic and positive news for majority of businesses, allowing them to expand and thrive even during a difficult economic climate.

Take your business to the next level! Use B2Bpay to make the most of what the 2020 Federal Budget has to offer.

This content above was put together for information purposes only. The Content does not constitute tax and/or legal advice and should not be relied upon as such. You should seek tax, legal or other professional advice before acting or relying on any content.

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Top 5 Apps on the Xero Marketplace

When it comes to online accounting, Xero is a great option for many businesses. From importing bank transactions to sending out automated invoices, Xero saves time and money for business owners. The cloud bookkeeping platform allows its subscribers (over 2 million and counting!) to check in on their business growth at anytime from anywhere.

Check out our list of Top 5 apps on the Xero marketplace, that small businesses using Xero should know about. These apps offer seamless integration with Xero, streamlining business and operation processes such as payments, pay runs, inventory control and much more.

Best Payroll HR app – Tanda

Fulfilling timely pay runs is crucial for a business, but can be stressful, especially when  workforces are a mix of permanent, part-time and casual staff. Keeping track of frequent changes in rostered days and shifts can also be tricky.

Tanda manages rostering, timesheets and pay rates of every staff member, freeing up business owners from menial administrative tasks. Tanda is the ideal payroll system that can record workforce data accurately while catering to business growth and expansion.

With one click, the Tanda-Xero integration imports timesheets directly to the Xero payroll. No more double data entry. The stress that usually comes with the payroll process is reduced. Most importantly, staff are paid correctly and on time for every pay run.

Best Inventory app – DEAR Inventory

Imagine your best-selling product being out of stock. It’s a nightmare for any wholesaler or retailer.

DEAR Inventory is a centralised order and inventory management that controls and manages products, customers, suppliers, purchases and sales. Its efficient inventory management can help identify consumer demands and potential growth areas.

By connecting DEAR Inventory in Xero, all inventory-related purchases, sales and manufacturing data will synchronise over to Xero. Invoices, bills and journal entries can then be created automatically from Xero, helping businesses save time and increase productivity.

Best CRM app – Insightly

Strong, lasting relationships are a key element to business success. With each business relationship unique and constantly changing, keeping interactions flowing and consistent can be a juggle.

With over 1.5 million users in over 25,000 organisations, Insightly is a leading CRM (Customer Relationship Management) software with ease of use functionality. As a cloud CRM, Insightly allows users to create new contacts, managing opportunities and sending mass emails, from any device.

The Insightly-Xero integration syncs contact details as well as sales opportunities while also tracking Xero invoices and bills. Sales staff can create new Xero invoice drafts in Insightly. No more valuable time wasted on cross referencing customer details and double entries, allowing faster sales lead times and chasing bigger deals.

Best e-commerce app – A2X

Being an online retailer can have some great advantages with little overhead costs and the ability to run business from pretty much anywhere. However, entering sales transactions and staying on top of the bookkeeping can take up precious time and resources.

A2X makes life easier for Amazon and Shopify sellers by automatically posting all store sales into Xero. Online retailers no longer need to manually pull out fees, refunds or adjustments and can take peace of mind knowing all of the calculations have been done by Xero.

The seamless integration to Xero has earned A2X a Featured App as well as one of Xero’s Top Picks. With 175 reviews and a consistent 5 star rating over at Xero marketplace, A2X can do no wrong in helping online retailers and merchants streamline their back office to enjoy online business growth and success.

Best Payments app – B2Bpay

What if you could earn Qantas Points from paying business expenses, but also when receiving payments from clients?

B2Bpay is a secure online payment portal for businesses to pay all of their invoices using their existing credit card.

Businesses can earn credit card and Qantas Points when making payments. Credit card points are also generated when paying all business expenses. Full points are also earned on ATO, insurance, telco and utilities bills.

Become a B2Bpay Biller and earn Qantas Points each time a client makes a payment (1 Qantas Point for every $20 paid by VISA or Mastercard). Get paid faster and improve cash flow with a “Pay Now” button on invoices. A simple click directs your client to a secure payment page, branded with your company logo.

Through the B2Bpay-Xero integration bills that are paid will be automatically updated to “Paid” in Xero. Payment processing fees are also recorded as an expense, which will be a time saver during tax time.

When receiving payments as a B2Bpay Biller, the “Pay Now” button on invoices will be connected to Xero where client payments are automatically recorded and reconciled.

Click HERE to join B2Bpay at no extra cost and start the integration with Xero today. For further information, feel free to chat with one of our specialists on 1300 205 575.

Already using the integration? Feel free to us a review over at the Xero Business Community.

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How This Boutique Business Owner Earns 50,000 Points Monthly

Saving time is without a doubt one of the greatest challenges facing any small, rapidly growing business. This was true for Andrew Wilcox, who co-owns Hop Vine & Still bottle shop in Hobart with his wife, Bek. As they juggle a young baby and growing business, Wilcox admits to being “very busy” at this point.

However, he finally found an easy time-saving hack with B2Bpay, an online portal he describes as quicker to use than internet banking.

And in addition to the time management benefits, Wilcox manages to earn 50,000 Qantas Points monthly with B2Bpay by funneling 90 per cent of business expenses through his American Express Qantas Business Rewards Card, and more again by doing so on the B2Bpay platform.

Many of his suppliers are also B2Bpay “bonus billers”, so he earns extra points when he pays these suppliers. As a result, he’s accumulating these 50,000 points per month simply by paying invoices! “That adds value not only to our business, but to use as well, for future travel,” he says.

As an independent, he stocks his shop with product he likes, excited by the demand for preservative and sulphur-free wines, as well as the emergence of non-alcoholic white spirits. Customers tell him they’ve travelled to his state just to sample local gins. “Tasmania has itself set up as a gin lover’s destination,” says Wilcox. “And we are passionate Tasmanians.”

Before opening their small business and becoming parents, Wilcox and his wife spent time travelling, pairing food and wine in Bologna and getting engaged in Berlin. Once able to travel again, they plan to head to France’s Champagne and Bordeaux regions. And when that time comes, they’re planning to use the Qantas Points their business has earned for a first-class flight.

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Top Tips to Improve Cash Flow By Getting Paid Faster

A well-managed cash flow is the backbone for any successful business. How quickly clients pay invoices can be the difference in turning your business from surviving to thriving. Imagine having clients pay on time every time? Even better if you didn’t have to exhaust admin resources or time on the phone to make this happen!

In this article we’re going to share our top tips on how to improve cash flow by getting paid faster.

Get paid faster

A successful small business is never short of clients. While that can mean plenty of work, it might be a case where doing the paperwork and sending out the invoices is taking up time that you don’t have.

An efficient, automated system that allows you to issue invoices instantly and with ease, can help ensure clients pay on time.

Let your clients pay with ease

Don’t let restricting payment methods stop your cash flow! Accepting all major credit cards as payment options avoids excuses for late payments. The more options you provide, the more quickly your clients are likely to pay.

Go one step further – make sure that straight from the invoice, the client only needs to click one button to make payment.

Acknowledge clients for making a payment

Giving your clients an instant ‘thank you’ message the moment payment is made is not only a timely token of thanks, but will likely be remembered by the client.

A cleverly crafted ‘Thanks for Paying’ email can have positive impacts in a range of areas. From encouraging future timely payment through to eliciting further sales, a thank you for the payment email is a simple tool that can be implemented to assist with credit control. Depending on your accounting or invoicing software, this can be built in to be automatic. For example, it might be as simple as adding a message to the top of your automatic payment confirmation email. 

Go digital

Take advantage of technology and use a digital and secure payment system that will allow you to receive payments 24/7.

When business moves quickly, keeping up can be a challenge. Going digital can help you stay on top of outstanding and upcoming payments.

With B2Bpay, you can easily add a ‘Pay now’ link to your invoice template. That way, every time you send an invoice your customers, they can easily pay your invoice with card (on any device). And if you use Xero, MYOB or QuickBooks our smart integrations mean that your invoices will be automatically updated to ‘paid’. 

B2Bpay: The online solution

B2Bpay is a branded payment portal that allows businesses to accept card payments online from their clients. Easy to use and free to set up, you also get rewarded.

Once joining B2Bpay, the payment process is straightforward:

1. Invoice your customer

Making it easier for your client, a B2Bpay payment link or button is included on your invoice template. B2Bpay can also be connected to Xero, MYOB, Quickbooks and other accounting software.

2. Client pays you via B2Bpay

Payments can be made using the client’s nominated card. B2Bpay accepts all major credit cards (including Amex, Mastercard, VISA and Diners), making the payment options easy for your client. 

B2Bpay is a great option for your clients too, as they can improve cash flow by taking advantage of their credit card’s interest free period up to 55 days. Another benefit of paying with card, as shown in  this Deloitte survey showed that 82% of businesses agree that credit and debit cards are the fastest way to make payments.

3. Funds sent to you

Funds are transferred to you by EFT or BPAY within 3 business days. You earn 1 Qantas Point for $20 paid to you with VISA or Mastercard.  This is a great way to boost your Qantas Points, just for getting paid. 

You will also receive notification to your computer or mobile the moment a payment is processed, keeping you up to date around the clock.

B2Bpay: Boosting Your Business Cashflow

The Deloitte survey mentioned earlier also showed that 73% of businesses who use B2Bpay have improved their cash flow. Moreover, they can reduce payment chasing by 61%, which results in a dramatic drop in bad debt.

Become a B2Bpay Bonus Biller

Want to have a competitive edge in your industry? By signing up as a B2Bpay Bonus Biller, you can offer extra Qantas Points to clients paying your bills. They will also generate their own credit card reward points when they pay using VISA, Mastercard, American Express or Diners Clubs.

What does it cost?

Nothing. B2Bpay is the no cost solution for you to accept card payments and get paid faster. There are no terminal fees, merchant service fees or monthly charges. There is no cost to receieve payment, as your customers or clients pay the card processing fee on top of your invoice. You can of course choose to absorb this if you wish.  

With such great incentives, and the ease of use (at no cost), B2Bpay offers your clients a way to make immediate payments. Clients can generate rewards through B2Bpay while your business continues to build a well-managed and healthy cashflow.

Click HERE to become a B2Bpay Biller today and start saving time and money for your business. Let B2Bpay take the hassle away from payment chasing so you can focus on what you do best – making your customers happy and growing your business.

For more information on how to become a B2Bpay Biller, speak to one of our specialists on 1300 205 575 today. 

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How to Pay Business Utility Bills with Credit Card and Earn Points

Electricity, gas, internet, water. All running costs that constantly need a business owner’s attention. Paying utility bills is a hassle enough, let alone keeping tabs on invoices and payment deadlines.

What if there was a simple, streamlined process to pay all your business utility bills? Even better—a payment process where you actually earned credit card and Qantas points when making the payments.

This article explores the main business expenses involved in running your office. We also cover how paying your utility suppliers through B2Bpay can actually make the process of paying bills rewarding for your business. How’s that for a win-win?

Electricity and Gas

There are over 30 energy companies in Australia. If you’re looking to switch suppliers or set up your electricity and gas in your new office, bear in mind that not all suppliers are available in certain areas. Also, some suppliers may only provide electricity and not gas.

Most businesses use between 15,000 to 25,000 kWh of energy per year, so choosing the right company with the best deal is important.  Whether you’re looking at options within the top 3 companies like Origin Energy, AGL or Energy Australia, or with a green energy supplier like Powershop, there are resourceful comparison websites that can help make the decision easier.

Internet and Telecommunications

When it comes to internet and telecommunications needs for your business, for many years there was no going past the big giant, Telstra. In recent years however, other providers such as Optus, TPG, iiNet, Vodafone and Aussie Broadband have emerged.  Also, the NBN rollout is keeping the industry competitive, offering value packed plans for businesses.

If you’re looking to switch providers or just shopping to see what other deals are out there, here are some points to consider:

  • Speed and reliability – How does their network rate compare to their competitors?
  • Value for money – Make sure you’ll be getting the same monthly data quota on your current plan, if not more for the same price
  • Customer service – There’s nothing worse than being left on hold for hours!
  • Contract flexibility – Upgrading or changing plans can often mean locking yourself into a brand new contract.
  • Bill clarity – When internet and phone services are bundled together on one bill, always check for discrepancies.

Water

There are over 40 water authorities in Australia, 20 servicing the state of Victoria, with much of Melbourne’s water system controlled by Melbourne Water. For NSW based businesses, Sydney Water provides services to Greater Metropolitan Sydney as well as the Illawarra and Blue Mountains regions.

While most water bills are sent quarterly, some are sent monthly. Speak to your provider to see what will work best for your business.

Also remember that charges are seasonal. During drought season, expect a slight increase in rates.

B2Bpay:  Earn Points When Paying Your Utilities 

 Paying utility bills is unfortunately a necessary task for any business. As a third party payment platform, B2Bpay takes the headache away and allows you to pay all expenses online with your credit or debit card.

B2Bpay accepts all major credit cards (including VISA, Mastercard, Amex and Diners) and offers a rewarding way to make payments. With many cards, you earn no points or reduced points when paying your utility bills directly. this is because your card issuer identifies the payment as a ‘utility payment’. However, when you make payments via B2Bpay, the payment is classified as a ‘General Payment’ and you earn full credit card reward points.  Whether it’s your Telstra internet and phone bill, or your electricity with Energy Australia, you earn full credit card points when paying your utility bills through B2Bpay.

Once registered, you simply set up your payments by selecting your billers and nominate your credit card(s) for payments. Payments can be made as one-off, automatic or future dated. Then, leave the rest to us. We will transfer funds to your billers (at no cost to them) within 3 business days.

What’s more, if you use Xero, QuickBooks or MYOB you can connect B2Bpay to your accounting software. This means bills entered into your accounting software will be automatically synced and displayed in B2Bpay. Then you can simply click and pay with any credit card, and this will be fed back to your software. 

Paying your utilities through B2Bpay:

  • Helps reduce cash flow concerns as you can take advantage of your credit card’s 55 day interest free period
  • Ensures you never miss a payment deadline as you can set payments as one-off, automatic and future dated
  • Earns you credit card reward points
  • Allows you to pay ATO bills also, while earning full credit card points
  • Allows you to monitor and track payments through your online portal, helping you see clearly where you can cut costs or lower usage

Click HERE to join B2Bpay and start getting rewarded for paying your utility bills. It’s free and easy to set up! Got questions? Call one of our specialists on 1800 205 575 or send us an email.

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How to Earn Rewards While Making ATO Payments

Do you dread making those tax payments? You’re not alone! According to the Australian Taxation Office (ATO), the company tax rate ranges from 27.5% to 30%, making tax bills one of the largest expenses for Australian businesses. As a business owner, if you’re obligated to make substantial payments to the ATO, wouldn’t it be great if you were to earn credit card or Qantas points along the way?

Traditionally, making tax payments have been limited to cash, cheque and credit card. B2Bpay provides the opportunity for business owners to make their substantial ATO payments with ease and to also generate credit card and Qantas points.

Below we will examine what the current options are for making ATO payments, and the solutions and benefits that B2Bpay provides.

What are the payment options for tax bills?

There are several options in making payments to the ATO. Before making payment, it is important to do some research to see which option works best for your business.  Here is some useful information to help make the decision easier:


1. Make the ATO payment by bank transfer or BPAY directory with the ATO

While there is no additional costs involved, there are no credit card or Qantas Points earned.

2. Make the ATO payment with a credit card directly with the ATO

A credit processing fee is charged by the ATO and depending on which credit card you are using, you will earn either reduced points or no credit card or Qantas Points at all.

3. Make the ATO payment with a credit card through B2Bpay

B2Bpay allows you to earn full points on ATO transactions.

There is a credit processing fee when using B2Bpay. Charges range from 1.2% to 2.4% excluding GST (or 0.84% to 1.64% after eligible company tax deduction) depending on your card type.

Comparing against the benefits of earning full credit card and Qantas points easily outweigh the credit processing fee.

What is B2Bpay?

B2BPay is a third party payment platform that allows businesses to pay all expenses online through any card.

Once registered, you simply set up your payments by selecting your billers and nominate your credit card(s) for payments. Payments can be made as a one-off, automatic or future dated. Then, leave the rest to us. We will transfer funds to your billers at no cost to them within 3 business days.

Benefits of B2Bpay

Alongside the opportunity of earning full credit card and Qantas points, B2Bpay offers other great business benefits to manage and pay business expenses.

Boosts cashflow

B2Bpay enables business owners to access the credit card interest free period for expenses that may have otherwise been paid for using cash, cheque or direct debit.

Cheaper

When compared to traditional payment methods, B2Bpay provides a digital and credit card  payment service that is more cost effective because of reduced use of paper based processing, administration work, approval overheads and banking costs.

Saves time and easy to use

Cutting out unnecessary administration work out of your busy day, B2Bpay manages and pays all your business expenses online via a centralised expense management system.

Secure and flexible online solution

When utilising B2Bpay, cards are tokenised for security, meaning your credit card information is never stored in full. Unlike traditional payment methods like cash and cheque, you can make payments from any device, even by email. Completely secure and safe.

B2Bpay: Maximising the benefits in making ATO payments

Taxes are simply a business expense that can’t be avoided. While that may be the case, B2Bpay is a fully automated, secure and flexible solution that allows you to make those substantial tax payments while still keeping your business profitable by earning full credit card and Qantas points.

Click HERE to register to start using B2Bpay today. Have questions or need help setting up? Feel free to speak to one of our friendly specialists in Sydney on 1300 205 575.

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How Honeycomb Agency has quickly and creatively navigated the COVID business slump

About Honeycomb Agency

 

Honeycomb Agency is a creative and innovative promotional marketing agency, combining a wealth of experience in events and branded merchandise with tailored services to further alleviate the challenges and pain points of their busy clients. As a promotional marketing agency, Honeycomb specialises in creative merchandise programs and lead generating event experiences. They are a small business, but their outstanding customer service and retention has earned them outstanding reviews and referrals. This has seen them working with clients ranging from SMEs to big banks and ASX listed companies.

The significant impact of COVID on the events & promotional product industries

 

Honeycomb was on site at a national roadshow delivering activation’s for clients when concerns for public gatherings grew. Quickly thereafter, event exhibitors began to pull out. Despite being prior to any government-enforced restrictions, the next 24 hours saw Honeycomb lose a huge number of event merchandise orders, event activation experiences and management jobs. According to the Business Events Council of Australia (BECA) the Australian economy will lose $35.7 billion in the first 12 months of COVID-19 due to the significant impact on the business events sector.

The promotional merchandise arm of the business was also greatly impacted. This is because the primary reason for clients ordering promotional items is to distribute these from exhibition stands or in event settings. There was a sense of urgency for Honeycomb to find new ways to make merchandise work for clients. And to support them in finding ways to keep connections strong with both their remote workers and their customers.

 

Honeycomb’s pivots and continued commitment to clients

 

As a small and nimble business, Honeycomb was able to quickly change direction and began tailoring care packs for clients. Each pack has followed a theme or message to their staff, adding in fun and personalised products where possible. The response to the personalised items (i.e. journals, coasters, drinkware, etc) was particularly positive. This has demonstrated the importance of making individuals feel valued during this challenging time. They then expanded on this service by offering webinar packs.  This was a new take on delegate bags at events, and these packs are sent to residential addresses.  Registered online attendees receive the packs ahead of the virtual event, and enjoy at home to enrich the overall experience.

Their newest venture has been to stock and sell face masks, in response to the growing demand from  individuals and businesses. They have created an online store for their plain black masks and another custom branded masks. Currently, they are turning around branded masks in one week from artwork approval (for businesses wanting branded masks or vibrant, creative promotional designs). Thanks to Honeycombs’s knowledge and expertise with promotional merchandise, they are able to source very high quality masks.

 

Benefits of technology for business changes

 

Honeycomb have adapted in recent months to make new products and services that fit with their clients’ needs. This has meant they are more reliant than ever on software to alleviate further stress. Thanks to B2Bpay, selling directly to end users has been a breeze, with payments secure, straight forward and user friendly. In July, Honeycomb integrated B2Bpay with Quickbooks, so they can now also benefit from a ‘Pay Now’ link on their invoices. Honeycomb also earns Qantas Points on every eligible payment received via B2Bpay. They are working hard to keep their business going, so it’s a great bonus to know that using this time and admin-saving software is earning Qantas Points to enjoy down the track.

The next challenge for Honeycomb’s clients is how to reinvent their Christmas/end of year celebrations in this very different social environment. Fortunately, Honeycomb is already ahead of the game, with more personalised gift options, pop-up party packs and more available. (For details, click here).

To talk about other packs, products or services, be sure to get in touch with Honeycomb on [email protected]!

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New Direct Debit Function launched for B2Bpay Billers

Did you know that you can set up direct debit payments for your business customers?

We have recently added a really handy function for B2Bpay Billers (to get set up as a B2Bpay Biller click here).  B2Bpay Billers can request that their customers or clients fill out an online form to authorise  them to  direct debit their Credit Card or bank account. Once a business has authorised this,  B2Bpay Billers can log in to their B2Bpay Merchant Portal  and set up regular automatic payments, and take one-off payments too.


Remove payment pains with Direct Debit

  • No more late payments. Never chase a payment again. Direct Debit allows you to collect funds automatically on payment dates.
  • Not just for fixed amounts. Once a Direct Debit is in place, you can use it to collect one-off or recurring payments of any amount.
  • Control your cash flow. You choose the dates you collect funds, meaning you’ll be able to predict future revenue for your business.

Benefits of Direct Debit for your customers

  • Quick, one-time set up. Customers complete a simple online Direct Debit form, giving you authorisation to collect payments from them.
  • Flexible payments. Choose payment schedules that work for each of your customers or clients.
  • Safety and security guaranteed. Your customer’s bank details are never stored by you and are completely secure.

Here’s how to get started:

  • Sign up to become a B2Bpay Biller. You can do that by clicking here and clicking the “Get Started Button”
  • Once you have been set up as a B2Bpay Biller, send your customers your online Payment Set Up Form, which looks like this.
  • Once a customer has filled in the online form, you will get an email notification saying they have authorised you to collect funds.
  • Log in to B2Bpay and process or schedule payments. We’ve put together some handy videos on how to do that below.

How to Direct Debit a one-off payment from your customers bank account or credit card


How to set up a regular ongoing payment schedule


Need Help?

Our Sydney based team are here to help. Give us a call on 1300 205 575 or email us [email protected]

 

 

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Earn Double Points with American Express

If you have an  eligible American Express Platinum or Centurion Card, using B2Bpay has never been more rewarding with DOUBLE the POINTS!*

For the next three months (until the 20th of July) use your American Express card with B2Bpay to:
• Earn double Membership Reward points when you pay ANY Biller (including the ATO);
• Get double the value when you ‘Pay with Points’

With 4.5 or 5 points for every dollar you pay and no reduced points when paying government bills with B2Bpay, there has never been a better time to use your American Express Platinum or Centurion Card to pay all of your business expenses.

Why is it better to pay via B2Bpay than direct to Billers?

  1. B2Bpay allows you to pay ALL Business expenses, regardless of whether they accept Amex or not. This is because we pay the Biller via EFT or BPAY.
  2. When you pay the ATO and other Government bills via B2Bpay you will earn 4.5 or 5 points per dollar. If you paid these directly you would only earn 2.25 or 2.5 points per dollar.

Save up and fly later

With no expiry and no cap on Membership Rewards Points, use this amazing offer to turbo boost your points balance. Your points will be waiting and ready for you to turn into business or first-class travel in the future.

Or use points to pay

If your cash flow needs a boost, you can earn double the points AND double the value by using Select + Pay to pay or part-pay transactions on your card statement, You will receive an amazing 4.5% ‘cash-back’ value until July 20th 2020! At a cost of 2.2% (1.54% after tax deduction) to pay with B2Bpay, this is unbelievable value!

“Using Amex is CHEAPER than using cash”
Steve Hui ‘The Points Whisperer’, CEO iFLYflat

Join B2Bpay today

Click on the button below to sign up to B2Bpay to receive all the benefits of paying business expenses by card using B2Bpay – including improved cash flow, bonus Qantas Points,  ease of use and saving time by paying all your bills in the one place.

* American Express Terms:

Eligible purchases can be made by the Primary Card Member and any Additional Card Members on a single Card Account. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases do not include fees or interest charges, purchases or reloading of prepaid cards, purchases of gift cards, person-to-person payments, or purchases of other cash equivalents. Merchants classified as “government”, include the Australian Taxation Office, the Australian Postal Corporation (Australia Post), Federal/State and Local Government bodies. Points will typically be credited to your Membership Rewards Account within 5 days after an eligible purchase you made is posted to your Account. Additional Terms and Conditions apply, please see membershiprewards.com.au/termsandconditions.

The value of your Membership Rewards points when redeemed for the Select + Pay option will automatically double per point for the period of the offer. For full Select + Pay Terms and Conditions, please see membershiprewards.com.au/termsandconditions.

The promotions begin on 21 April 2020 and end on 20 July 2020, inclusive. Your Card Account must not be cancelled or past due at the time of fulfilment of any offers. Terms and Conditions for the Membership Rewards program apply. Visit membershiprewards.com.au/termsandconditions for more information.