Sign up for a free account here - Identity - pay.com.au
Referral Code - 34E443
Both you and I will receive 10,000 PayReward points if you transact $10,000 within the first 30 days. (Ending March 5th)
They also have an ATO offer at the moment where you can earn up to 200,000 PayReward points + Enter the draw to win 2 business class flights to Japan. Essentially meaning you can get both my referral points plus ATO bonus offer points.
Brief about Pay.com.au
Pay.com.au which is a B2B payments and rewards platform. You can either use your visa, AMEX or Mastercard to process majority of your payments into a business bank account and things like payroll and FX. (You can't use an AMEX to process FX or payroll payments)
Rates start from
AMEX - 1.9%
Mastercard - 0.8%
Visa - 1%
They also have their own Rewards program - Pay Rewards which you can earn on top of your credit points or link your bank account to their platform and you choose to earn either 1 or 2 points per $1
Their fees below:
To earn
1 PayReward Point - 1%
2 PayReward Points - 1.8%
PayReward points convert out SQ, Velocity and Qantas at 2.5 to 1. (Best on market redemption to SQ as AMEX redemptions now 3-1)
They are scheduled to launch new partnership with Qatar so you can convert points out to Qatar as well!
Convert out to gift cards at a really good rate 0.8 cents.
I've added some calculations below which were shared with me from one of their team members but please do your own research and numbers. I've been utilising a lot of their points for Singapore Airlines flights as they have great availability.
Good thing about PayReward points you can also redeem them for anything through their concierge team ie business invoices, gift cards, digital mastercards.
Making payment of $500,000 with bank account and earning PayRewards (our proprietary currency) at 2pt/$ at 1.8%
Referral Code - 34E443
Both you and I will receive 10,000 PayReward points if you transact $10,000 within the first 30 days. (Ending March 5th)
They also have an ATO offer at the moment where you can earn up to 200,000 PayReward points + Enter the draw to win 2 business class flights to Japan. Essentially meaning you can get both my referral points plus ATO bonus offer points.
Brief about Pay.com.au
Pay.com.au which is a B2B payments and rewards platform. You can either use your visa, AMEX or Mastercard to process majority of your payments into a business bank account and things like payroll and FX. (You can't use an AMEX to process FX or payroll payments)
Rates start from
AMEX - 1.9%
Mastercard - 0.8%
Visa - 1%
They also have their own Rewards program - Pay Rewards which you can earn on top of your credit points or link your bank account to their platform and you choose to earn either 1 or 2 points per $1
Their fees below:
To earn
1 PayReward Point - 1%
2 PayReward Points - 1.8%
PayReward points convert out SQ, Velocity and Qantas at 2.5 to 1. (Best on market redemption to SQ as AMEX redemptions now 3-1)
They are scheduled to launch new partnership with Qatar so you can convert points out to Qatar as well!
Convert out to gift cards at a really good rate 0.8 cents.
I've added some calculations below which were shared with me from one of their team members but please do your own research and numbers. I've been utilising a lot of their points for Singapore Airlines flights as they have great availability.
Good thing about PayReward points you can also redeem them for anything through their concierge team ie business invoices, gift cards, digital mastercards.
Making payment of $500,000 with bank account and earning PayRewards (our proprietary currency) at 2pt/$ at 1.8%
- This will earn you 1,000,000 PayReward points, or 400,000 frequent flyer points
- Converts into business rewards class flights with an overall value of approx. $14,000 (redeemed at 3.5c/pt)
- The net fee post tax is $6,750 (assumes 25% company tax rate) (+$7,250 in net value created)
- Your 1,000,000 PayReward points can even be converted into a cash equivalent (gift cards, digital mastercards, luxury items, accommodation, even school fees) value of $8,000 (+$1,250 in net value created)
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