Category Archives: News

Featured Image

How to Pay Your BAS and Earn Credit Card Points

For business owners, it seems that tax bills to the ATO are always just around the corner. With payments such as BAS, business owners may find themselves wondering if it’s possible to earn points on these mandatory transactions. The good news? While many major Australian banks have stopped awarding frequent flyer points for credit card payments to the government, it is still possible to earn Qantas Points and full credit card rewards points for paying tax using a payment service such as B2Bpay. 

 

How do I pay the ATO by credit card? 

B2Bpay is a bill payment service that allows you to pay almost any business expense, including the ATO, by credit card. You can use Visa, MasterCard or Amex, so if you have a pointsearning credit card, you will earn full points for the transaction as most credit careds provide no or significantly reduced points when you pay your tax directly to the ATO. 

The fees associated with paying the ATO vary based on which card you use, so make sure you use the chart below to identify exactly how much you’ll be charged in credit card fees. For instance, the fee for Amex is 1.45%, which is notably higher than other domestic cards.  

 Card  Fee 
 American Express  1.45% 
 MasterCard – International  2.70% 
 MasterCard – Domestic Debit   0.15% 
 MasterCard – Domestic Credit       0.70% 
 Visa – International  2.70% 
 Visa – Domestic Debit  0.15% 
 Visa – Domestic Credit  0.78%

Why should I pay the ATO with credit card? 

There are several major benefits to consider when it comes to paying ATO by credit card: 

1. Earn Reward Points 

With B2Bpay, you’ll be able to pay the ATO while earning FULL credit card points. Credit Card providers offer reduced or no rewards points, so with B2Bpay you can earn credit card points than if you paid directly, without paying an additional credit card processing fee. Plus, you can receive Qantas Points on top of that, helping your reward points accumulate even faster on tax you must pay. On the other hand, if you were to pay directly you wouldn’t have the ability to earn any points at all. 

2. Cash flow 

In addition to earning rewards points, paying the ATO by credit card means you’ll have money available in your bank account for longer. You can hold onto your cash during the interest-free period on your credit card, and it won’t cost you any interest so long as you pay your credit card bill on time. This can also help you to avoid late payment fees or interest charges on other business expenses if you don’t have the cash available for the due date. 

3. Credit card fees are tax-deductible 

When paying the ATO by credit card, you can claim your credit card processing fee as a tax deduction for your business, which helps offset the additional cost of paying by credit card. It is important to note that any interest you pay for late credit card payments is generally not tax-deductible. Learn more about claiming your processing fee as a tax deduction here. 

4. Credit history 

Paying your business bills by credit card can be beneficial for your credit history, given you make sure to pay your credit card bills on time. This can open you up to reduced interest rates on loans, different types of financing and better selection of credit card rates and rewards. 

 

Additional Benefits of B2Bpay 

In addition to B2Bpay making it possible to pay a variety of expenses while earning both credit card and Qantas points, B2Bpay offers even more great business benefits. 

Boosts business cash flow 

B2Bpay enables business owners to access the credit card interest free period for expenses they may have otherwise paid for using cash, cheque, or direct debit. You’ll be able to keep funds in your account for longer while paying your suppliers and other business expenses. 

Reduced cost 

Digital and credit card payments are far more cost effective than traditional payment methods, thanks to the reduced use of paper being processed, administration work, approval overheads and banking costs.  

Simple software integrations 

Manage all of your payments in one place by integrating your major accounting software (Xero, Quickbooks, MYOB) with B2Bpay. You’ll be able to view and pay all of your invoices, while taking advantage of automatic reconciliation. Further, your customers will love being able to pay with the simple click of a button included on your invoices. 

Saves time 

You’ll be able to cut out excessive administrative work from your workflow, as B2Bpay manages and pays all your business expenses online via a centralized expense management system. 

Secure, flexible online solution 

When using B2Bpay, cards are tokenised for security. This means your credit card information is never stored in full. And unlike traditional methods like cash or cheque, you’ll be able to make payments from any device, safely and securely. 

 

How this Business Benefited from Using B2Bpay 

To share firsthand the benefits of utilizing B2Bpay in your business, we spoke with one of our clients at Collinson’s Vacuum Packaging who saw a major shift in business over the course of 2020. We saw customers wanting to move into the retail space and take-home meals,” says co-owner Chris Collinson. “Suddenly they’ve got a new range of products, so we needed to help them with solutions and innovation.” 

 As much as Collinson’s Vacuum Packaging innovation is inspired by travel, with directors previously traveling internationally two to three times per year, the Victorian-based company has used the Qantas Reward Points earned through B2Bpay to make staff travel more affordable. During the course of 2020, they’ve been able to continue earning and saving these Reward Points to position them for affordable travel as borders continue to reopen. 

 

Sign Up for B2Bpay Today and Maximise Your Benefits 

Getting a B2Bpay account set up is easy, and free! Simply fill out an online activation form so we can verify business details. Then we will quickly set your payment portal and payment page, customised with your company brand logo. We will also arrange a payment link on your invoices. 

Click HERE to sign up for free. Alternatively, you can speak directly to our Sydney-based B2Bpay customer support team by contacting us at 1300 205 575. 

Featured Image

How to Earn Qantas Points When You Get Paid Through Xero, MYOB, QuickBooks

Do you ever find that you are juggling multiple tasks and software systems while handling your business admin? Maybe you’ve had to manually enter data from one program to another to ensure it was recorded properly or copy information multiple times over. 

 While this type of tedious work is often necessary to get the job done, it also requires an immense amount of time. One of the most demanding responsibilities is no doubt recording and managing payments and expenses. What if you could connect your payment platform to the accounting application you already use? This would mean all the payments you make and receive would be automatically recorded in one location, with no manual entry required.  

 Well, we’ve got great news for you – this solution is available with B2Bpay by simply connecting your accounting software (Xero, MYOB, or QuickBooks)! Better yet, you’ll even earn Qantas Points every time you pay or get paid*. Who doesn’t want to earn points simply for carrying on with business as usual? 

What are the benefits? 

When you connect your accounting software, you’ll be able to seamlessly make or receive payments.  

Making Payments: Once you’ve integrated your software, you’ll be able to view all of your pending invoices in B2Bpay to pay in one click. You will also save time with automatic recording as when we pay, we automatically update your software so you don’t have to 

You can pay any business invoice using credit card, allowing you to earn credit card reward points for every dollar you spend^. Plus, you’ll earn up to bonus Qantas Points for every $1.50 spent#.  

Accepting payments: Accepting payments is just as easy. You will get paid faster by accepting credit card payments online, at no cost to you. B2Bpay will get you set up with a unique, branded payment page, and you’ll quickly be on your way to earning Qantas Points just for getting paid*. Customers will simply need to click the ‘Pay Now’ button on your invoices to be directed to your secure, branded payment page. Save time as your customer’s payments are auto-recorded in Xero, MYOB or QuickBooks and earn Qantas Points for getting paid.  

How do I integrate my accounting software? 

Xero 

 To integrate B2Bpay with Xero, you can follow the steps below or find more detailed instructions on our FAQ page: 

 Making Payments: 

  • Log in to B2Bpay with your normal credentials 
  • Click on the ‘My Xero Bills’ tab and click on the ‘Sign in with Xero’ button 
  • Once you have signed in, click ‘Allow Access’ 
  • Then click ‘Connect’ 
  • Choose a ‘Payment Account’ and ‘Expense Account’ from what you have configured in your Xero profile 

Receiving Payments: 

  • Log in to B2Bpay as a Biller. Click here to log in. 
  • Once you are logged in click on ‘Profile’ on the left-hand side of the screen 
  • Then click on the ‘Xero’ tab on the righthand side 
  • Scroll down to the bottom and click ‘Sign in with Xero’ 
  • Once signed in click ‘Allow Access’ then click ‘Connect 
  • Choose a ‘Payment Account’ and an ‘Expense Account’ 

MYOB 

To integrate B2Bpay with MYOB, you can follow the steps below, or find more detailed instructions on our FAQ page: 

Making Payments: 

  • Log in to B2Bpay with your normal credentials 
  • Click on the ‘My MYOB Bills’ tab and click on the ‘Connect to MYOB AccountRight’ button to log in to MYOB 
  • Select the company profile from MYOB you wish to connect to B2Bpay 
  • Enter your MYOB User ID: this is your local MYOB username. If you haven’t set this up, type “Administrator” into this field. 
  • Then enter your local MYOB password. If you haven’t set up a User ID, leave this field blank. Click ‘Next’. 
  • Select your ‘Payment Account’ 
  • Select your ‘Expense Account’ 
  • Click ‘Save’ 

Receiving Payments: 

  • Log in to B2Bpay as a Biller. Click here to log in. 
  • Once you are logged in click on ‘Profile’ on the left-hand side of the screen 
  • Click on the ‘Connect to MYOB AccountRight’ button and log in to MYOB 
  • Select the company profile from MYOB you wish to connect to B2Bpay 
  • Enter your MYOB User ID: this is your local MYOB username. If you haven’t set this up, type “Administrator” into this field.
  • Then enter your local MYOB password. If you haven’t set up a User ID, leave this field blank. Click ‘Next’. 
  • Select your ‘Payment Account’ 
  • Select your ‘Expense Account’ 
  • Click ‘Save’ 

QuickBooks 

Making Payments 

To integrate B2Bpay with Quickbooks, you can follow the steps below, or find more detailed instructions on our FAQ page: 

  • Log in to B2Bpay with your normal credentials 
  • Click on the ‘Quickbooks Pay Bills’ tab 
  • Click on the ‘Connect to Quickbooks’ button and sign in 
  • Select your ‘Payment Account’ 
  • Select your ‘Expense Account’ 
  • Click ‘Save’ 

Receiving Payments 

  • Log in to B2Bpay as a Biller. Click here to log in. 
  • Once you are logged in click on ‘Profile’ on the left-hand side of the screen 
  • Click on the ‘Sign in with Quickbooks’ button 
  • Click ‘Connect’ 
  • Select your ‘Payment Account’ 
  • Select your ‘Expense Account’ 
  • Click ‘Save’ 

Making and Receiving Payments is Easy 

Once you’ve signed up for B2Bpay and followed the prompts to connect to your accounting software, you will be all set to begin making payments. Business owners are amazed at how streamlined it is to view, select and pay all their pending bills in one place! To begin receiving payments, our team will have your personalised, branded payment page set up for you. Your clients will love how simple it is to make payments with the ‘Pay Now’ button included on their invoices. 

How Else Can I Maximise Points? 

  1. Pay all your business expenses by card using B2Bpay. B2Bpay allows you to pay all your expenses by card, regardless of whether your biller accepts credit card payments! You’ll be able to maximise your points earning potential and earn Qantas Points on all these essential payments*. 
  2. Earn FULL credit card points by paying ATO, Government, Telco, and insurance bills. With most credit cards you earn no or reduced points when paying these expenses directly to the biller. When you pay via B2Bpay, you earn full credit card points#. 
  3. NEW! Earn Qantas Points when you pay using your bank account. You can now pay by bank account with B2Bpay and still earn Qantas Points. Earn 1 Qantas Point for every $3 paid using your bank account*. Payments using your bank account give you more choice and flexibility especially when you have reached your credit card limit or want a cheaper (yet still rewarding) way to pay. 
  4. Earn Qantas Points when customers pay you by card…at no cost to you! By including a simple ‘Pay Now’ link on the invoices you sent out via Xero, MYOB, QuickBooks integrations, you can earn 1 Qantas Point per $20 paid to you via Visa or Mastercard*. Then sit back and earn Qantas Points when your customers pay you by card at no cost to you (unless you opt to pay the card processing fees). Get paid faster, as most customers prefer to pay 24/7 online. 
  5. Utilise your cards up to 55-day interest period by scheduling major payments after your card’s payment cut-off date. Credit cards come with a monthly payment cycle (e.g., 28th to the 27th) whereby all payments in that cycle fall onto the same credit card bill. So, when you can, pay large expenses just after your payment cycle to boost your cash flow and maximise the credit card interest free days you receive. 

How This Aussie Business Succeeded with B2Bpay 

You might be wondering what the benefits of utilising B2Bpay and its wide offering of software integrations looks like from a business owner’s point of view. So we took the opportunity to chat with one of our clients at Amaroo Technologies and discuss the success they’ve experienced using B2Bpay in their family-owned vending machine operation company.  

As a small business owner, Bob Goss has years of experience putting in extra hours at work, for little to no reward. Yet since using B2Bpay and integrating his accounting software, he has unlocked a world of rewards. For starters, streamlining his workflow and tracking expenses has never been easier.  

“I absolutely love the system. It makes it easier to follow everything I’ve been spending, and I can look at info about invoices that I paid just by clicking a few buttons. I love that all the info is matched automatically in my bookkeeping software.”  

Bob has also managed to accumulate tens of thousands of Qantas Points by paying his supplier through B2Bpay, while also growing his business! 

Get Started Now 

Getting a B2Bpay account set up is easy, and free! Simply fill out an online activation form so we can verify business details. Then we will quickly set your payment portal and payment page, customised with your company brand logo. We will also arrange a payment link on your invoices. Once you’re set up, be sure to follow the steps above to easily integrate your accounting software! 

Click HERE to sign up for free. Alternatively, talk directly to our Sydney-based B2Bpay customer support team by contacting us at 1300 205 575. 

 

Terms & Conditions 

# Use a points earning credit card to earn credit card reward points on every payment. Card products referred to are not issued by Qantas but by the relevant Card partners. The applicable Card Partner is the credit provider and credit licensee under the National Consumer Credit laws. Points are offered by the relevant Card partner and partner reward program and can only be earned on eligible purchases. Contact the relevant Card Partner for terms and conditions or enquiries. 

*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 B2Bpay customers  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 B2Bpay Customer Terms and Conditions. Members will earn 1 Qantas Point for every $7 paid to the ATO by card, 1 Qantas Point for every $10 paid to all other billers by card, and 1 Qantas Point for every $3 paid to a biller by bank account. Members can also earn up to 3 Qantas Points per $1.50 paid to B2Bpay Bonus Billers.See B2Bpay website for a list of current B2Bpay Bonus Billers. Qantas Points will be credited to the Members’ Business Rewards account within 90 days of the eligible spend. Any claims in relation to Qantas Points under this offer must be made directly to B2Bpay by emailing [email protected]. Businesses must ensure the ABN registered with Qantas Business Rewards is saved in the B2Bpay customer profile or entered online when paying in order to earn Qantas Points. Qantas Points earned using B2Bpay will be automatically credited to your linked Qantas Business Rewards account within 90 days of your eligible spend as outlined in the B2Bpay Customer Terms and Conditions. B2Bpay Billers will earn 1 Qantas Point for every $20 of customer payments made by customers using VISA or Mastercard via the Public WebPay payment portal supplied by B2Bpay (an ‘eligible payment’) and featured on the Biller’s invoice or statement template. Excludes failed or refunded payments and may not be available to businesses on enterprise or special pricing plans. Qantas Points will be credited to the Members’ Business Rewards account within 90 days of the eligible spend. Any claims in relation to Qantas Points under this offer must be made directly to B2Bpay by emailing [email protected] 

^ Qantas Points quoted are accurate as at 1 August 2017 but may vary at the time of booking. Classic Flight Rewards are available on Qantas, Jetstar and partner airlines. Classic Flight Reward seats are subject to capacity controls, availability is limited and some flights may not have any Classic Flight Rewards available. Taxes, fees and carrier charges are payable by an Accepted Payment Card in addition to the points required on Classic Flight Rewards. These are quoted at the time of booking and are subject to change. See Classic Flight Rewards for more details. 

^^ Source: B2Bpay and Deloitte estimates. Bank issued points earned by using your credit card are estimated to be 1 Qantas Point or alternative credit card reward point per dollar spent; Qantas Points earned from the ‘1 Qantas Point per $100 spent’ and the ‘B2Bpay Bonus Billers’ offers are estimated to be a combined 1.2 points per dollar (which for example, can be achieved when $240,000 p/y spend is transacted 29% through 1 point per $1.50 bonus billers, 30% through 2 point per $1.50 bonus billers, 30% through 3 points per $1.50 bonus billers and 11% through non-bonus billers); interest saved is based on a market rate overdraft facility or average return; excluding flight taxes, fees and carrier charges. 

Featured Image

Here’s How Amaroo Technologies Is Taking on Bigger Business with B2Bpay

Amaroo Technologies is no stranger to innovation. The family-owned vending machine operation began 25 years ago offering a selection of drinks, chocolates and snacks. However, in recent years, the company has expanded their service  now offering everything from sausage rolls and ice cream to fresh sandwiches and ready-made meals. 

Servicing the Sydney and Brisbane areas, and specifically working with companies that run 24 hours a day, owner Bob Goss has taken the time to learn what these companies want. 

“Some of these offices are in areas with no canteen and no shops. We discovered what they wanted is real, fresh food in their vending machines, not just a can of Coke and a packet of chips,” he says. 

Not only does Amaroo offer a selection of 4 different, high-quality vending machines, but they also provide a variety of 15-20 different fresh meals, setting itself apart from many other retailers and essentially providing a catering service for companies running day and night. Their product offering is diverse, with over 70 types of drinks alone – ensuring all cravings are met. 

As a small, family-owned business, Bob understands first-hand the experience of putting in extra hours at work, for little to no reward. Yet since using B2Bpay, he has unlocked a world of rewards.  

By using B2Bpay to pay his suppliers, Bob no longer has to worry about whether or not they accept card payments, since B2Bpay allows you to pay any provider, regardless of whether or not they accept card. Plus, streamlining his workflow and tracking expenses has never been easier. 

“I absolutely love the system. It makes it easier to follow everything I’ve been spending, and I can look at info about invoices that I paid just by clicking a few buttons. I love that all the info is matched automatically in my bookkeeping software.” 

But that’s not where the benefits stop. As he has spent the past few years making payments through B2Bpay, he has also accumulated tens of thousands of Qantas Points while growing his business. 

“When I learned that B2Bpay is partnered with Qantas Business Rewards to offer points, it became even more appealing for my customers to pay me, as this really escalates our credibility as a business. Especially as we continue expanding into servicing larger businesses.” 

In the past, Bob has used his Qantas Points to upgrade on flights and fly business class with his wife, or even to purchase gift cards from time to time. He adds that B2Bpay’s recent new promotion of 1 Qantas Point for every $3 paid by bank account has made his earnings even sweeter. 

For now, Bob is continuing to grow Amaroo Technologies while accumulating points with B2Bpay, and once he’s able to travel again, he says he’ll be sure to book more business class flights. 

Get Started Today

Click HERE to sign up for free. Alternatively, talk directly to our Sydney-based B2Bpay customer support team by contacting us at 1300 205 575.

Featured Image

8 Simple Ways to Maximise Your Qantas Points

How can you earn Qantas Points? It’s a common question for many small businesses as there are many reward programs and point offers in the marketplace and it can be confusing.

The key to earning the most points for your business is quite simple – use a rewards credit card for all your business spend. If your business is paying for stock, suppliers and contractors with funds from your bank account, you are missing out on the opportunity to rapidly boost your points balance (and manage your business cash flow).

B2Bpay is the only place where you can earn Qantas Points* when you Make and Receive Payments PLUS earn credit card rewards points.

Start earning Qantas Points with our 8 helpful tips to maximise your Qantas Points:

1. The best way to turbocharge your credit card and Qantas Points is to pay all your business expenses by card using B2Bpay^.B2Bpay allows you to pay all your expenses by card, regardless of whether your biller accepts card payments.

2. Ensure you earn FULL credit card points on ATO, Government, Telco, and Insurance bills. With most credit cards you earn no or reduced points when paying these expenses directly to the biller. When you pay via B2Bpay, you earn full credit card points^.

3. Also, earn (even more) Qantas Points. With B2Bpay, you earn Qantas Points in addition to the base credit card points that your bank provides. We recently increased the amount of Qantas Points that you earn by up to 14 times! – so there has never been a better time to help. Now, you will earn 1 Qantas Point for every $7 paid by card to ATO and 1 Qantas Point for every $10 paid by card to other billers*.

4. NEW! Earn Qantas Points when you pay using your bank account. You can now pay by bank account with B2Bpay and still earn Qantas Points*. Earn 1 Qantas Point for every $3 paid using your bank account*. Payments using your bank account give you more choice and flexibility especially when you have reached your credit card limit or want a cheaper (yet still rewarding) way to pay.

5. Earn Qantas Points when customers pay you by card…at no cost to you!Include a simple ‘Pay Now’ link on the invoices you sent out via Xero, MYOB, QuickBooks integrations, and you will earn 1 Qantas Point per $20 paid to you via Visa or Mastercard*. Then sit back and earn Qantas Points* when your customers pay you by card at no cost to you (unless you opt to pay the card processing fees). Get paid faster, as most customers prefer to pay 24/7 online.

6. Look for credit cards with high points to dollar ratio and no or limited points caps^. Not all cards are created equally. Some cards offer more points per dollar spent, have great bonus points offers and have various other benefits.

7. Increase how much you pay using your card^. Some credit cards may have card limits lower than the amount you want to pay by card to maximise your credit card points. However, what many cardholders do is to transfer funds to their card from their bank account. Doing this can increase the amount you can pay by card and the amount of credit card points you can earn^.

8. Boost your cash flow by using your cards up to 55-day interest period by scheduling major payments after your card’s payment cut-off date^.Credit cards come with a monthly payment cycle (e.g., 28th to the 27th) whereby all payments in that cycle fall onto the same credit card bill. So, when you can, pay large expenses just after your payment cycle to maximise the credit card interest free days you receive^.

How can I earn Qantas points ongoing with B2BPay?

Each time you use a Qantas Points earning credit or charge card to pay your bills through B2Bpay, you can earn Qantas Points twice. Earn once with your Qantas Points earning card (including government and ATO spend) and earn points again using B2Bpay, up to 3 Qantas Points per $1.50 in payments^.

You can also earn Qantas Points when your customers or clients pay you via the invoices you send out. You will earn 1 point for every $20 paid to you with VISA or Mastercard. **

What about the cost?

Making Payments: The only fee is the card processing fee or bank account processing fee – the relevant fee is displayed before you process a payment online. These fees replace any card processing fee or surcharge applied by your biller. Talk to your accountant or bookkeeper to claim B2Bpay fees as a tax deductible and we provide you with a tax invoice to make it easy.

The value of all the credit card points and Qantas Points that you can earn combined with the cash flow, software integration and other benefits outweigh the processing fees.

Receiving Payments: There are no fees when you use B2Bpay to get paid (unless you choose to absorb the processing fees).

So, you can sit back and earn Qantas Points* when your customers pay you.

I want to connect to my Accounting Software. How do I do this?

It is easy! Once you have set up to B2Bpay to make payments, simply follow the prompts to connect to your Xero, MYOB, or QuickBooks account. You can then view, select and pay all your pending Xero, MYOB, and QuickBooks bills in B2Bpay.

If would like to receive integrated payments from the Xero, MYOB, or QuickBooks invoices you send to your customer, we will help you add a ‘Pay with B2Bpay’ link on your invoice template. When a customer pays you, the payment will be automatically recorded in your Xero, MYOB or QuickBooks software. And don’t worry if you do not use Xero, MYOB, or QuickBooks our friendly team can assist you to get a ‘Pay Now’ link on any invoice template.

Get Started Today

Getting a B2Bpay account set up is easy, and free!   To make payments, simply set up online.  You can also be set up as a B2Bpay biller to accept payments.  Visit this page to get started.

Then we will quickly set your payment portal and payment page, customised with your company brand logo and arrange a payment link on your invoices. For more information click here.

If you need help, talk directly to our Sydney-based support team on 1300 625 647.

Terms & Conditions

*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 B2Bpay customers 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 B2Bpay Customer Terms and Conditions. Members will earn 1 Qantas Point for every $7 paid to the ATO by card, 1 Qantas Point for every $10 paid to all other billers by card and 1 Qantas Point for every $3 paid to a biller by bank account. Members can also earn up to 3 Qantas Points per $1.50 paid to B2Bpay Bonus Billers. See B2Bpay website for a list of current B2Bpay Bonus Billers. Qantas Points will be credited to the Members’ Business Rewards account within 90 days of the eligible spend. Any claims in relation to Qantas Points under this offer must be made directly to B2Bpay by emailing [email protected]. Businesses must ensure the ABN registered with Qantas Business Rewards is saved in the B2Bpay customer profile or entered online when paying in order to earn Qantas Points. Qantas Points earned using B2Bpay will be automatically credited to your linked Qantas Business Rewards account within 90 days of your eligible spend as outlined in the B2Bpay Customer Terms and Conditions.

**B2Bpay Billers will earn 1 Qantas Point for every $20 of customer payments made by customers using VISA or Mastercard via the Public WebPay payment portal supplied by B2Bpay (an ‘eligible payment’) and featured on the Biller’s invoice or statement template. Excludes failed or refunded payments and may not be available to businesses on enterprise or special pricing plans. Qantas Points will be credited to the Members’ Business Rewards account within 90 days of the eligible spend. Any claims in relation to Qantas Points under this offer must be made directly to B2Bpay by emailing [email protected] Businesses must ensure the ABN registered with Qantas Business Rewards is saved in the B2Bpay customer profile or entered online when paying in order to earn Qantas Points. ^ Members will earn 1 Qantas Point for every $100 paid and up to 3 Qantas Points per $1.50 paid to B2Bpay Bonus Billers. See B2Bpay website for a list of current B2Bpay Bonus Billers.

^Credit card reward points are subject to the terms and conditions of your credit card and linked reward program.

~ Talk to your accountant or tax advisor about claiming payment processing fees as a tax deduction.

Featured Image

You Can Now Pay by Bank Account and Earn Qantas Points

Yet again, B2Bpay has proven to be a game-changer. Now offering payment by bank account as a new service, customers will now see the option to add a card or bank account to their wallet. This new service means that B2Bpay will accept payment with ALL credit cards and Australian bank accounts.

The additional bank account payment option also allows more flexibility for how Aussie businesses are paid by their customers. B2Bpay is a tailored payment solution that makes earning rewards for your business easy and simple.

Earn Qantas Points

Whether you want to pay your bills by credit card, debit card or now by bank account, you earn Qantas Points. That’s right! You’re actually building up a balance for your next holiday every time an expense is paid using B2Bpay. When paying your bill through B2Bpay with the bank account payment option, you will be rewarded with 1 Qantas Point for every $3*.

Low Rates

Not keen on paying credit card processing fees when paying by credit card? Paying by bank account with B2Bpay gives you a much lower rate of 0.65% (0.46% after tax deduction). More payment options with lower processing rates makes the ideal solution for your business.

Your customers will also love the convenience of the bank account payment option, so you can avoid wasting precious time on chasing payments.

Pay ATO and other utility bills

B2Bpay lets you pay the ATO and other utility bills with ease and convenience. Whether it’s time to pay taxes or other business expenses such as electricity, office rent, paying by bank account will earn your business Qantas Points*. The bigger the bill, the more points earned.

Earn points on card payments

In addition to accepting payments from Australian bank accounts, B2Bpay continues to accept payments for business bills on ALL credit cards, providing plenty of opportunity to earn reward points from the credit card issuer. Plus, joining B2Bpay doesn’t involve a set up fee. It’s absolutely free.

Xero, MYOB and QuickBooks Integration

B2Bpay works seamlessly with accounting software such as Xero, MYOB and QuickBooks. Integration is easy with no fuss, saving your accounts team from spending too much admin time. No more reconciliation headaches or human error.

Multiple payment options on one platform

Credit card? Debit card? Bank account? B2Bpay is a seamless online portal offering a wide variety of payment options, providing ease for you and your customers.

Customers will pay invoices immediately as they can pay with any payment method they choose. Quick payments means a healthy robust cash flow for your business.

Earning credit card rewards and Qantas Points by paying bills sounds too good to be true, yet B2Bpay makes it possible.

Local and reliable customer support

Forget about dealing with chat bots. Simply pick up the phone and speak directly to our locally based customer service team during business hours. Emails and messages are replied to in a flash!

Looking to sign up?

Click HERE to sign up for B2Bpay for free.

Want to specifically find out more about the new bank account payment option? Call us on 1300 205 575.

 

*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 B2Bpay customers 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 B2Bpay Customer Terms and Conditions. Members will earn 1 Qantas Point for every $7 paid to the ATO by card, 1 Qantas Point for every $10 paid to all other billers by card and 1 Qantas Point for every $3 paid to a biller by bank account. Members can also earn up to 3 Qantas Points per $1.50 paid to B2Bpay Bonus Billers. See B2Bpay website for a list of current B2Bpay Bonus Billers. Qantas Points will be credited to the Members’ Business Rewards account by the 14th day of the month following the eligible spend. Any claims in relation to Qantas Points under this offer must be made directly to B2Bpay by emailing [email protected] Businesses must ensure the ABN registered with Qantas Business Rewards is saved in the B2Bpay customer profile or entered online when paying in order to earn Qantas Points. Qantas Points earned using B2Bpay will be automatically credited to your linked Qantas Business Rewards account by the 14th day of the month following the eligible spend as outlined in the B2Bpay Customer Terms and Conditions.

^Credit card reward points are subject to the terms and conditions of your credit card and linked reward program.

Featured Image

Here’s How This Manufacturer Packs Value into Business Travel with Qantas Points

A Shift in Business

 

2020 saw a big change in business, and for Collinson’s Vacuum Packaging, this was reflected directly in their customers. “We saw a big shift in customers wanting to move into the retail space and take-home meals,” says co-owner Chris Collinson. “Suddenly they’ve got a new range of products, so we needed to help them with solutions and innovation.” This includes anything from compostable, low-waste wrappers to oven-safe vacuum pouches.

Much of Collinson’s Vacuum Packaging innovation is inspired by travel, with the directors previously traveling two or three times per year to Germany, China and the Netherlands to explore innovations in food manufacturing, machinery and packaging. Having a grasp on the latest technology enabled Collinson’s to help Australian food manufacturers and restaurants navigate the mass disruptions of 2020.

 

Optimising Business Rewards

 

Fortunately, Qantas Business Rewards makes staff travel more affordable for the Victorian-based company. Collinson redeems points on flights, upgrades and accommodation for business trips and has even previously used them to fly his family to Japan for a Christmas holiday.

Using B2Bpay – a secure online portal – the business earns Qantas Points when it pays bills and even when it receives payments, if a customer pays by Xero invoice. “Paying bills through internet banking is a long, tedious process but B2Bpay is fast and easy to use. Plus, we get rewarded for it,” says Collinson. “Some of our suppliers are Bonus Billers, so we can earn up to 3 Qantas Points per $1.50 on payments.”

Collinson also uses a Qantas Points earning credit card to rack up even more points on top. “We always try and get the maximum points because it’s good for our business.”

 

Get Started Today

 

Getting a B2Bpay account set up is easy, and free! Simply fill out an online activation form so we can verify business details. Then we will quickly set your payment portal and payment page, customised with your company brand logo. We will also arrange a payment link on your invoices.

Click HERE to sign up for free. Alternatively, talk directly to our Sydney-based B2Bpay customer support team by contacting us at 1300 205 575.

 

Source — Onsert — QBR (Qantas Business Rewards) Spirit of Australia Magazine Feb 2021

Featured Image

Our 6 Technology Hacks to Get Your Business Ready for 2021

Raise your hand if you can’t wait to see the end of 2020? Everyone? And if you’re taking a much needed end of year break, why not use the time to plan killer strategies for your business in the new year? Take your workflow from simply churning, to reaching mind-blowing success in 2021 with 6 of our best technology hacks.

 

1. Schedule it. Post it. Stay ahead. Stay relevant.

 

Some might say, business is only as successful as your social media posts. While that may not be completely accurate, it is important to have an influential online presence.

To achieve this, balance is key. Especially if you are a small business owner without a designated social media manager, you likely can’t spend the majority of your time running profiles on Facebook, Instagram or LinkedIn. Yet, social media can be an extremely powerful digital tool for brand marketing and customer engagement. It’s all about reach!

Hootsuite, Buffer and Loomly are great social media management platforms to ease the burden of maintaining a social media presence, by allowing you to schedule posts, interact and engage with your audience. Some platforms even provide content ideas to help build relevant posts.

 

2. Have direct contact with your customers

 

Have a new product range coming up? Want to reward loyal clients with a VIP sale? Customers want to feel special, and believe it or not, they also want to hear directly from you.  Plus, a growing customer email database is invaluable for ongoing and new sales.

Email marketing services such as MailChimp and Constant Contact can help design and send newsletters quickly and efficiently. You will also be able to review which newsletters had the best open rate and click through success. The more emails opened, the better the engagement!

 

3. Keep files and documents organised, secure and accessible

 

As your business expands, so will your paperwork. Important documents, images and client correspondence need to be stored safely, which is best accomplished by using a digital cloud.

Using file storage and access tools like Google Drive, Dropbox or Evernote offers a backup solution to give you peace of mind. Also security settings allow access from anywhere through any device.

 

4. A strong, successful team collaborates.

 

No doubt, remote working trends are here to stay. Communication and collaboration software like Asana and Monday.com will keep you and your team in check regarding weekly and daily tasks!

Zoom and Skype for Business are great video conferencing tools to maintain face-to-face interaction. Slack and Google Hangouts work well when it comes to daily, frequent communication.

 

5. Find your next awesome freelancer

 

Sometimes there’s a busy season or tricky project that calls for an extra pair of creative hands.

The good news is, there are a ton of great freelancers out there. However, finding the perfect one with reasonable rates can feel like searching for a needle in the haystack.

Whether you’re looking for someone to do work on a straightforward logo design or build a mobile app from scratch, look into outsourcing websites such as Fiverr, Upwork and freelancer.com.

Depending on which site you use, projects and job descriptions can be sent through or posted publicly. Some sites allow freelancers to contact you directly or will be screened prior. You can also browse profiles, checking the freelancer’s star ratings and starting hourly rates. Some sites offer per project rates.

Make sure payment agreements are confirmed upfront. You don’t want any surprises. Most sites won’t release your payment to the freelancer until you’re completely satisfied with the completed task.

 

6. Make sure you get paid

 

After providing top notch products and offering 5-star customer service, getting paid is what keeps a healthy cashflow.

Don’t get stuck in the drudgery of chasing payments. Instead, make sure to use an efficient payments app that’s easy and versatile for clients to use. Credit cards and online payments are now the majority of clients’ preferred payment method, so ensuring you can accept these payments also ensures you’ll get paid as soon as possible!

Payment process systems like B2Bpay will offer different features, so do some research to figure out what works best for your business.

We suggestion asking the following questions, such as – what are the transaction fees? Are all credit cards accepted? Are there any additional perks like earning business credit card rewards or Qantas Points?

 

How do I pick the right technology for my business?

 

Make sure whatever digital tool you go with, it’s as nimble as your business. Technology should be seamless and hassle-free. The less clicks it takes to get to what you want, the better! Most of all, if a platform feels clunky to use at first, it probably is.

Here are some questions to think about as you go through the different technology options for various business needs:

  • Is there a free trial?
  • Is it easy to use for all parties involved?
  • Is it easily accessible from any location and any device?
  • Is customer support responsive and helpful? Is additional training available?
  • Does it integrate with the other digital tools I’m using?

And finally the most important question – will it help my business grow?

Now you’re all set to kick serious business goals! Make 2021 your year.

Featured Image

Remember Your Staff With Branded Gifts this Holiday

The Perfect Gift for Staff this Christmas 

 With the year quickly coming to an end, it seems like the holidays will be upon us in no time! Trying to keep on top of an ever-growing gift list, in addition to maintaining a busy work and personal schedule, often proves challenging. However, with so many friends and family to remember during the holidays, it’s easy to overlook those people who you work alongside every single day! 

Staff appreciation gifts are a great way to reward, thank and motivate your team, which is why we wanted to introduce you to our sister company, Gift Card Store. With gift cards from Gift Card Store, you can be confident you’re giving a gift your staff will love as they can buy whatever, from wherever, whenever they like – no unwanted gifts! At a time when many businesses are still working remotely, what better way to remember your staff? 

What is Gift Card Store? 

The Gift Card Store is an Australian company, offering plastic and virtual gift cards suitable for all occasions. Unlike retailer gift cards, the gift cards can be used anywhere, with no redemption process.  

The Virtual Gift Card is an email delivered Mastercard, being able to be used online at over 30 million stores worldwide. Cards are ready to use once activated, and the recipient can use the card on what they want, when they want, where they want. Prepaid cards are much more secure than cash, store cards or paper vouchers, as lost/stolen cards can be replaced.  

How does Gift Card Store work? 

Gift Card Store can accept orders from customers residing in the US, England and New Zealand however the delivery address must be within Australia. These are prepaid single-load cards that can be used at any store where Mastercard and/or Visa is accepted and can be processed electronically. 

Design your own card 

Even better, we give you the freedom to design your own gift card by easily uploading your favourite image. Perfect for team building exercises, office events or fun shots at the work Christmas party. Designing your Gift Card can be a great way to add a personal touch to your gift. Head to the design your own card page and use the simple drag and drop tool to upload your image and preview how it will look! Specifications can be found here. It’s the perfect way to show you care, and every time they use the card, they will have a reminder of you! 

Choose a card from the large range of Cards 

If designing your own card isn’t for you, you can simply choose from one of our hundreds of designs, created for every occasion! Gift Card Store has a wide and exciting variety of Mastercard and Visa cards to choose from, with worldwide and online acceptance. For physical gift cards, express shipping is available Australia wide, and you will receive an email confirmation once the card has been dispatched.  

 

Digital and Virtual Gift Cards 

Digital Gift Cards are sent straight to your recipient’s mobile, where it stays safe and secure in their Google Pay, Apple Pay or Samsung Pay wallet. As we increasingly rely on our phones these days, a digital gift card in a phone wallet is always in reach and is useful for both online and instore purchases. 

Virtual Gift Cards are sent straight to your recipient’s email address. They’ll have everything they need in the email to activate their card so they can buy what they want, when they want.  

 

Digital and virtual gift cards are the perfect choice for staff, clients and customers who are working remotely, removing the hassle of postage delays and missing packages. What’s more, your lucky recipient will have endless choice! 

 Get your Christmas gifts sorted for your staff quickly and early this year. Shop Now! 

Featured Image

How to Pay BPAY With Your Credit Card

As many Australians are familiar, BPAY is an electronic bill payment system in Australia which enables payments to be made through a financial institution’s online mobile or telephone banking facility to organisations which are registered BPAY billers. BPAY can be used to pay bills from over 45,000 businesses including most major household bills! To make a payment, a customer would visit his or her Australian financial institution’s online, mobile or telephone banking facility, where he or she would enter the biller code, reference number and payment amount as well as an indication of the account to be debited, which may also be a credit card. However, some billers do not accept credit cards (or accept payment from a limited list of credit cards) in payment through BPAY, which can be a major inconvenience for many business owners.

So…can I use BPAY using my credit card?

Yes you can, but you should check if you are being charged as a purchase or a cash advance! Some banks might allow you to use BPAY with your credit card if the biller does not accept credit card payments. But in the case, the transaction will be treated as a cash advance and you will be charged a cash advance fee.

So is there a way to pay with credit card, and skip the fee? One way to get around this for your business is to use B2Bpay to pay your BPAY invoices.  In fact, we already have over 30,000 suppliers with a BPAY Biller code set up in our system. And in the event you can’t find your Biller or Supplier on this list, you can simply select ‘Add new biller’ and enter their details!

How does B2Bpay work?

B2Bpay forwards your payment to your biller by BPAY – the same way as if you paid them directly. By using B2Bpay, your credit card issuer will identify the payment as a ‘general’ payment. This means that you will earn FULL credit card points on that transaction, plus it won’t be treated as a cash advance!

Which is faster – BPAY or bank transfer?

Keep in mind that if you are using B2Bpay to make a BPAY payment, you will need to allow 3 business days for the payment to be made. If you are paying a supplier directly via EFT, the funds will usually land in their account instantly or within 1 business day.

What rewards can I earn using my credit card to make BPAY payments?

As mentioned above, using B2Bpay to make a BPAY payment, the payment will be classified as ‘General Spend’ and you will therefore earn your FULL credit card reward points on the payment. What’s more, by using B2Bpay you’ll earn additional Qantas Points (1 point per $100 paid) on top of this (via your Qantas Business Rewards Account).

How to make a BPAY payment using B2Bpay?

It’s really simple. Register for B2Bpay, which you can do straight away (and it’s free). And then you follow the following steps:

  1. 1. Find the BPAY logo on your email or paper bill which will show your Biller code.
  2. 2. Log in to B2Bpay
  3. 3. Select Add a new Biller
  4. 4. Enter the BPAY Biller Code
  5. 5. Make the payment by filling in your reference details and amount.
  6. 6. That’s it! Your bill payment is complete.

To find out more about B2Bpay and sign up – visit our homepage.

Featured Image

Earn Credit Card Points When You Pay Your Tax Bills

Every business comes with unavoidable expenses, and tax bills are at the top of the list. While the costs can be hefty, what if you could earn frequent flyer points while making your payments to the ATO?

As long as you go about it correctly, you can definitely pay your ATO tax bill using your business credit card, allowing you to earn maximum reward points!

This article will explore your options for paying the ATO via credit card, the fees associated with paying via credit card, and the best way to maximise the rewards points you receive from paying your tax bill (including a great hack for earning extra Qantas Points!).

Can you pay the ATO by credit card?

Yes, you can pay the ATO using your credit card – including Visa, MasterCard or Amex. The fees associated with paying the ATO vary based on which card you use, so make sure you use the chart below to identify exactly how much you’ll be charged in credit card fees.

 

Does the ATO accept Amex payments?

Yes, the ATO accepts payments from Amex cards. However, the fee for paying the ATO with an Amex card is 1.45%, which is significantly higher than other domestic credit cards.

 

What are the benefits of paying the ATO by credit card?

There are some good reasons why paying your tax bills by credit card makes sense:

Cash flow

Paying the ATO by credit card means the money doesn’t leave your bank account straight away. Instead you can hold onto your cash during the interest-free period on your credit card, and it won’t cost you any interest if you pay your credit card bill on time^. It can also help you avoid any late payment fees or interest charges if you don’t have the cash available on the due date.

Credit card fees may be tax-deductible

You may be able to claim your credit card processing fee as a tax deduction for your business, which helps offset the additional cost of paying ATO bills by credit card. However, any interest you pay for late credit card payments is generally not tax-deductible.

Credit history

Paying your bills by credit card can be good for your credit history, provided you always pay your credit card bills on time.

Reward points

You may be able to earn rewards points on your tax payments, which wouldn’t be possible if you pay the ATO straight out of your own pocket.

 

What should I watch out for when paying the ATO by credit card?

Reduced or zero rewards points earned

Traditionally, the big downside of paying ATO and government bills – and other bills such as insurance, rates and utilities – on credit card is that these billers are often categorised by your card issuer to earn reduced or ZERO credit card rewards points.

In other words, they’ll let you pay these bills using your credit card (and charge you a credit card processing fee), but you won’t get the full benefit of rewards points.

ATO credit card payment fees

Another downside of paying by credit card is that you’ll pay a card payment fee that wouldn’t apply if you were paying by direct debit.

The ATO charges the following card payment fees:

 Card  Fee
 American Express  1.45%
 MasterCard – International  2.70%
 MasterCard – Domestic Debit  0.15%
 MasterCard – Domestic Credit  0.70%
 Visa – International  2.70%
 Visa – Domestic Debit  0.15%
 Visa – Domestic Credit    0.78%

 

The trade off with card payment fees is that higher fee cards often earn more reward points per dollar than lower fee cards, so the extra benefit may outweigh the extra cost.

Interest if you don’t pay your card off

If you don’t pay off your credit card bill by the due date, you could end up paying additional interest to your card issuer on top of your ATO tax bills and card payment fees.

Some credit cards charge as much as 20% p.a. interest on overdue amounts, which could mean a significant penalty if you’ve put a large tax bill on your card. Again, any interest you pay for late credit card payments is generally not tax-deductible.

 

How do I get the most rewards point when I pay the ATO by credit card?

While card issuers will give you reduced or zero credit card reward points when you pay the ATO, you can increase the reward points you earn by using a third-party payment service like B2Bpay.

 

What is B2Bpay and how does it work?

B2Bpay is a third-party payment service that allows you to pay all your business expenses* online using your credit card.

Unlike using credit cards directly, B2Bpay allows you to pay the ATO while earning FULL credit card points (including Amex).

That means you can earn at least double the credit card points^ than if you paid directly, without paying double the credit card processing fee. Plus you can receive additional bonus Qantas Points on top of that, helping your reward points stack up even faster.

 

How many points can I earn (and what can I do with them)?

If you paid $240,000 per year in BAS, payroll taxes and other business expenses using B2Bpay, you could earn:

    • 240,000 Qantas Points (or credit card points) every year*, plus
    • 2,400 Qantas Points for your business every year (or even more by paying B2Bpay Bonus Billers).

How much does it cost to use B2Bpay?

The only fee for using B2Bpay is a card processing fee – which ranges from 1.2% to 2.4% excl. GST (or 0.84% to 1.64% after eligible company tax deduction) depending on your card type.

This fee is outweighed by the value of the credit card and Qantas Points you can earn, plus the cash flow benefits of holding onto your cash longer.

 

Get started now

Paying your ATO bills by credit card offers a number of potential benefits for business owners, including credit card reward points. And if you’re disciplined about paying your credit card off each month, these benefits can easily outweigh the additional costs.

To start turning your tax bills into rewards points, join B2Bpay free below or click here to find out more.