It’s one of the biggest challenges faced by small business – how do you manage cashflow and timely payment collection? Even better, how can you be rewarded for paying all your business expenses, including your tax?
New payment solution B2Bpay has launched in Australia and is a significant advancement on the way SMEs can pay their expenses while accruing generous rewards and streamlining business processes.
Powered by Zenith Payments, B2Bpay is an innovative online payment solution that allows small-business owners to pay all business expenses via a single, secure online portal and earn Qantas Points in addition to boosting cashflow, productivity and tracking capacity. The solution works with all billers, including those who don’t accept credit cards. It also allows SMEs to offer online payments via their own branded B2Bpay solution, allowing their customers to pay online and via credit cards, without the SME having to get a merchant facility.
Zenith Payments has partnered with Qantas Business Rewards to allow Qantas Business Rewards Members to earn Qantas Points on all expenses paid via B2Bpay. Users will earn 1 Qantas Point for every $100 paid through B2Bpay and up to threeQantas Points for every $1.50 paid to its Bonus Billers. To celebrate the launch, Qantas Business Rewards members who sign up to B2Bpay and spend $10,000 or more by 31 May 2018 will also earn 10,000 bonus Qantas Points.
“We know from talking to SMEs what their problems are and have designed B2Bpay from the ground up to solve those problems,” says Zenith Payments General Manager Kevin Butler.
“B2Bpay is an innovative single portal solution where SMEs can pay all their business expenses (including tax) by credit card whether or not the biller actually accepts credit cards. It boosts cashflow and turbo charges reward points – in fact if they’re paying a Bonus Biller, the SME can effectively triple their points.”
Just as BPay transformed consumer pay options, B2Bpay is doing the same for Australian small businesses.
“The Qantas Business Rewards program makes it easy for business owners to earn Qantas Points on their everyday business expenses. Having the opportunity to earn points on payments through B2Bpay makes doing business easy and means business owners can be rewarded for simply paying their bills,” said Eric Jelinek, Head of Qantas Business Rewards.
B2Bpay is now signing up users across the country and Zenith Payments says the response from business owners is positive.
“The biggest attraction, however, is that billers enjoy all of these advantages as well as significant promotion and easy implementation. We are already meeting our aggressive rollout targets and expect B2Bpay to become a routine payment option right across the board,” Butler said.