ATO (tax office) payments by credit card

serfty said:
I received an email from Sniip: "We're Updating our Terms"

To cut though the obfuscation, Sniip are revising their fees for "Business card Amex payments" from 15th October - looks like they are similar toB2BPay.

American Express Business payments

Transaction amount Processing fee
$0 – $99,999 2.42 (2.20% + GST)
$100,000 – $299,999 2.37% (2.15% + GST)
$300,000 – $499,999 2.30% (2.09% + GST)
$500,000 – $999,999 2.24% (2.04% + GST)
+$1,000,000 2.12% (1.93% + GST)

B2BPay may now be better if you are into Qantas points due to their partnership with Qantas Business Rewards.
Click to expand...
Seems there have been some adjustments. I recieved a subsequent email today:
Code: 
American Express Business payments

Transaction amount Processing fee
$0 – $99,999 2.19% (1.99% + GST)
$100,000 – $299,999 2.15% (1.95% + GST)
$300,000 – $499,999 2.09% (1.90% + GST)
$500,000 – $999,999 2.04% (1.85% + GST)+
$1,000,000 1.93% (1.75% + GST)
unnamed.png
 
Last edited:
Sniip announcement re Business Payments out there - still trying to get my head around it and how I could drive pts earn
48C5C34F-4758-4CBC-9EAD-3E53D748CE93.jpeg
 
Last edited:
How do we know if we're making a "business" payment? When you make a BPay payment, it is to a "business". How can they differentiate between payments you make for your "business" vs "personally"? Would you just need to keep a "personal" account rather than open a "business" account? Have I missed something?

Otherwise, isn't this an increase in the fee from 1.5% to 2.2%?
 
Cruiser Elite said:
Sniip announcement re Business Payments out there - still trying to get my head around it and how I could drive pts earn
View attachment 302930
Click to expand...
Don't use an Amex business charge card. Use the personal charge card then you just pay the 1.5% incl GST

Edit: I tried a dummy ATO payment into my company CRN and it came up as 1.5% incl GST
 
Last edited:
Sponsored Post

Struggling to use your Frequent Flyer Points?

Frequent Flyer Concierge takes the hard work out of finding award availability and redeeming your frequent flyer or credit card points for flights.

Using their expert knowledge and specialised tools, the Frequent Flyer Concierge team at Frequent Flyer Concierge will help you book a great trip that maximises the value for your points.

serfty said:
I have been trying to research that - to no avail.

It could simply be based the type of AMEX used.
Click to expand...
Their FAQ are not super clear, but it sounds like they at least partly infer from the biller? It will show you the fee rate and dollar amount before you submit, anyway.
 
twiningb said:
Their FAQ are not super clear, but it sounds like they at least partly infer from the biller? It will show you the fee rate and dollar amount before you submit, anyway.
Click to expand...
You can tell a card's type from the 'BIN' (basically, the beginning of the card number). Different types of cards start with different numbers. For AMEX, it's 37 at the beginning, then after that it varies depending on the type, category and nature of each card. Business cards would have certain 'BIN's, and Sniip would then just set a different fee for those cards versus all other AMEX numbers. It's the same way that other billers can determine which cards are basic / premium / super premium / International etc to charge different fees. 😊
 
BillytheFIsh said:
I’ve had a $2,000 payment through Beem to the ATO last week go missing. They are tracing with BPAY but I’m holding off on more payments for now.
Click to expand...

BillytheFIsh said:
Just as I was about to do a charge-back, I got a response to my escalated complaint. No luck with the tracing the payment yet but they have offered an interim solution which I am happy with and I will update if it comes through.
Click to expand...

So the conclusion to this little sage is that once I escalated my complaint Beem offered to pay me the $2,000 with my agreement that I would repay it once the payment showed up, which I accepted.

I did ask them to send me the Bpay reference number etc so I could follow up with the ATO and see if I could expedite things but they didn't respond to that. It seems they dealt with the ATO in the background and the payment has now been credited to my ATO account with a "processed date" 30 days after the "effective date".

I have now repaid the $2,000 to Beem so it is all now sorted.

Not a great thing to happen but it worked out in the end, although it did take some time and about 15 emails back and forth to get it resolved. I give Beem credit for managing it well once I got past the first-level support.
 
Regardless Sniip will still have the lowest fees as far as I can tell? Not sure somewhere is better than 2% for normal amounts (maybe 5-50k bas)
 
Has anyone had issues with Beem lately?
I have a card stored that I last used just over 6 months ago. Putting through payment yesterday (and tried again today). Needed to "verify payment", clicked on the link and it has "internal server error".
Worth a call?
 
Kangol said:
Has anyone had issues with Beem lately?
I have a card stored that I last used just over 6 months ago. Putting through payment yesterday (and tried again today). Needed to "verify payment", clicked on the link and it has "internal server error".
Worth a call?
Click to expand...
my last was 24/10 and no issues
 

Enhance your AFF viewing experience!!

From just $6 we'll remove all advertisements so that you can enjoy a cleaner and uninterupted viewing experience.

And you'll be supporting us so that we can continue to provide this valuable resource :)


Sample AFF with no advertisements? More..

Recent Posts

Staff online

  • NM
    NM
    Enthusiast

Currently Active Users

... and 42 more.
Total: 1,198 (members: 92, guests: 1,106)
Back
Top