Found a bit of an Easy Bill Pay loophole | Australian Frequent Flyer
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Found a bit of an Easy Bill Pay loophole

NJSteve

Junior Member
Joined
Dec 18, 2019
Messages
46
After speaking with some people on the forums about how EBP allows some payment types that Yak Pay (the platform we use for our MC/ Visa transactions) does not (like BPay) I thought I'd check it out. Kind of had a bit of a revelation after having signed up and played around a little bit, you can actually use YakPay to EFT your funds into the account for a cheaper fee (1% as opposed to approx. 1.3%) - using a credit card this still gets you points, saves money and means less time on their platform. Time vs. money is then the conversation but if you're making large transactions it starts to pay off
 

Bell21

Member
Joined
Jan 11, 2018
Messages
450
At first, I was a bit confused when I read above, but I think you're saying YP - EBP for funds transfer, and this gives you a 1% vs 1.3% rate on EBP - is that right?
 

NJSteve

Junior Member
Joined
Dec 18, 2019
Messages
46
At first, I was a bit confused when I read above, but I think you're saying YP - EBP for funds transfer, and this gives you a 1% vs 1.3% rate on EBP - is that right?
Yes, sorry I'm a bit all over the place today with it being a Friday - That's what I'm trying to say
 

Bell21

Member
Joined
Jan 11, 2018
Messages
450
Interesting and thanks - I'll have a look into it and PM you if I have any questions
 
Joined
Oct 31, 2010
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I would assume FF pts cultivation would be the underlying reason most would use this type of payment vehicle - not too sure how accurate the 1% figure is - could vary substantially from user to user
 

amaroo

Enthusiast
Joined
Sep 22, 2011
Messages
12,183
Qantas
Platinum 1
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Depends how far you push the envelope - what’s in the T&C - and any draconian penalties a provider may take.

Just my opinion.... but straying from a lane can have negatives.
 

NJSteve

Junior Member
Joined
Dec 18, 2019
Messages
46
Yes,
Do users of YP require an ABN to participate? (If yes, can anyone just get one and use for personnal bills?).
Yes and yes. You can set yourself up as a sole trader for free online, get your abn and start using the platform
 

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