Suncorp is launching “Wave and Save” to provide Australian retailers and small businesses choice in managing the costs of accepting payments when their customers tap and pay.
The feature gives small-business owners control and choice to alternate between payment processing methods and minimise the costs incurred.
Paul Evans, Suncorp Executive Manager, Deposit & Payments, said being there for our business customers is one of the most important things the bank does because when local businesses succeed, local communities thrive.
“We know that managing overheads is a key focus for every business owner, so we’re proud to be giving small businesses an increased opportunity to do this,” Evans said.
“Every dollar saved is a dollar that small-business owners can reinvest in growing their business. We’re proud to be one of the first banks to offer small-business customers choice in managing the cost of accepting payments from their customers.”
The Wave and Save solution will be available to small-business customers from 1 May.