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Since our establishment in 2013, we have been enabling Australian business owners to optimise their cash flow and maximise the amount of rewards earned on their business transactions.

This is a platform for everyone. Business owners, financial controllers, finance administrators, and bookkeepers. We enable you to:

• Optimise your cash flow. Utilise your credit card to pay supplier invoices, even when your supplier doesn't accept cards directly.
• Pay anyone. Pay suppliers, subcontractors, the ATO, superannuation and employees.
• Pay the way you want. Flexible payment options including AMEX, Visa, Mastercard or Bank Transfer.
• Maximise the rewards earned. Maximise the amount of reward points earned from your business payments by linking your Qantas Business Rewards or Velocity Frequent Flyer account to earn bonus points in addition to the full points earned from your card's reward scheme.
• Optimise payment efficiency. Save time by loading your payments via an ABA file or by directly integrating with your accounting software - XERO or MYOB (AccountRight).

Utilising our platform enables you to optimise your cash flow, payment efficiencies and rewards earned.

The platform provides the most efficient and rewarding B2B payments platform in the Australian market. The value of the points accrued is far greater than the fees charged, especially when redeemed for travel. In fact, many of our clients utilise our platform to accrue enough points to completely offset their travel expenses.

In addition to earning the full points from your credit card's reward program for every payment processed, we issue 1 bonus Qantas or Velocity point for every $10 dollars spent on all card transactions.

We enable you to optimise your cashflow by allowing you to pay the way you want to who you want, with payment options including American Express and Bank Transfer.

The fees are charged per individual transaction and there are no ongoing subscription, account management or hidden fees. You simply pay a percentage of your transaction as a fee when processing.

To get started, select Sign Up in the top right hand corner of the website homepage.

There are no subscription, account management or hidden fees. You only pay a small processing fee on each payment.

The fees associated with each payment method are as follows:

• American Express fee of 1.69%-2.15%
• Bank Transfer fee of 0.5%

Please note, the fees listed above are exclusive of GST.

Any Australian issued American Express Card can be utilised on the platform.

Note: If you utilise a Visa or Mastercard for your business transactions we recommend that you sign up to Yak Pay (https://www.yakpay.com).

Yes - when processing card payments via the platform you will always earn the full reward points associated with your American Express Card’s reward program.

We have undertaken the highest level of PCI Compliance. This includes having an Annual Report on Compliance (RoC) completed by a Qualified Security Assessor (QSA), performing monthly network scans through an Approved Scan Vendor (ASV), and an annual Attestation of Compliance (AoC) form also completed by our QSA.

As part of this ongoing compliance program, our Qualified Security Assessor (QSA) conducts two external penetration tests (you can think of these like "ethical hacks'') on our platform each year. In addition, our software development process and change management systems include security planning as a fundamental part of our application development and maintenance lifecycle.

Here is a summary of some of our key security achievements:

• We have not experienced any security or data breaches on our platform to date.
• We have achieved 100% uptime since our launch in 2013.
• We use only industry best practices for card data security (all cards are tokenised - which means we don't store the full card number in our database).
• Cards are only ever charged after receiving a multi-factor authentication approval from an authorised user.

Our platform integrates seamlessly with Xero and MYOB to make your accounts payable work for you.

Our integration synchronises Xero and MYOB contacts with payees in our platform, and also imports all Bills/Purchases that are either Awaiting Payment or Open. Authorising payments is easy, just select which Bills/Purchases you want paid, and authorise by entering the SMS code sent to your mobile phone.

After your card is charged, payments are automatically applied to your Bills/Purchases which moves those Bills to Paid/Closed status. Our integrations will also automatically create a Bill/Purchase for our processing fees which will be in the Paid/Closed status. Our integrations support automatic reconciliation once your accounting software imports your card statement feed.

Payment Logic Business is available to Australian owned (or managed) businesses with a current ABN.

In order to join you must be an Australian business with a valid ABN.

Given that we are governed by AUSTRAC we must follow certain regulations and guidance for security and compliance purposes.

Hence we have an obligation to verify the identity of our customers, their businesses and the major shareholders of those businesses before allowing the account to be approved.

To speed up the onboarding process we suggest that you have both personal and business verification documents on hand.

Accounts can be approved within 24 business hours on the basis that all required documentation has been provided.

Payment processing timelines are dependent on the payment method utilised and the time the payments were processed.

To make certain that your payments are received on time, ensure that you have processed your payments at least 2 business days (before 6pm AEST) prior to the due date.

Provided that your payments are processed by 6pm AEST on any given business day, the following timelines are applicable.

• Credit Card – 1 to 2 business days
• Bank Transfer – up to 1 business day (after the funds have been received by ourselves)

Payments authorised after business hours (after 6pm AEST weekdays and on weekends) will be processed the following business day.

Once a payment has been forwarded to the recipient, a remittance advice email will be automatically sent to you and your payee provided you have selected Yes within the Send Email field during the payment creation process.

To make certain that your payments are received on time, ensure that you have processed your payments at least 2 business days (before 6pm AEST) prior to the due date.

The bonus points are allocated to your nominated reward program, Qantas Business Rewards or Velocity Frequent Flyer, when the funds are paid to your payee - these points will typically be visible within 2-3 business days.

No, there is no limit to the amount of points you can earn through Payment Logic Business.

If the credit card is issued in Australia, your payments will not be considered a cash advance.

If the credit card is issued outside of Australia we will not allow the card to be used on our system, as it may incur extra fees, it may be considered a cash advance and you may also pay interest on the payment

For the rules pertaining to Payment Logic Business please refer to the following link: https://www.paymentlogic.com.au/rules.

Our platform enables you to pay the majority of your business expenses. Payments are most commonly paid to:

• ATO
• Suppliers
• Contractors
• Superannuation
• Rent
• Employees
• Credit Card Statements

We enable you to process the majority of your business payments. However, when using an American Express Card there are a few exceptions which are classified as prohibited industries (e.g. gambling) or prohibited payment types (e.g. mortgages). Our service cannot be used to pay yourself (subsidiary or related entity) when using an American Express Card.

Currently, we only facilitate domestic payments to Australian businesses.

To start an application with us, simply click the Get Started button in the top right hand corner of the website home page.

To add a user, follow the steps as listed below:

1. Login to the platform.
2. Select Users in the left hand menu.
3. Select Add User in the top right hand corner.
4. Proceed to fill in the user's details within the fields provided. Please note, selecting Can Approve Payments enables the new user to authorise and process payments. The Client Administrator role permits the new user to add and delete other users.
5. Once the new user's details are entered, press Save in the bottom right hand corner.
6. Once added, the new user will automatically be sent an email containing links to complete the user creation process. Within the email the user will need to click the Click here to activate login link. This will verify their email and prompt them to set up a username and password.

Is the new user a payment approver? Once the user has completed setting up a username and password, if they were added so that they can approve payments, they will be prompted to Complete Identity Verification. Once verified the user will be able to upload, authorise and process payments.

To add a card, follow the steps as listed below:

Login to the platform.

1. Select Cards in the left hand menu.
2. Select Add Card in the top right hand corner.
3. Enter in the card details within the fields as prompted.
4. Enter in the card CVV (the CVV is the 4 digit number found on the front of the card).
5. Lastly, select Verify.

Don’t have a statement? If you have just received a new card you may yet to have received a statement. This is fine. In lieu of a statement we can accept other items, however they must display the last 4 digits of your card number and the card holder's name, these may include:

• A screenshot from your card providers internet/mobile app.
• An Image of the card (ensuring that the CVV and all but the last 4 digits of the card number are covered for security reasons).
• Proof of issuance.

To connect to a Reward Program, follow the steps as listed below:

1. Login to the platform.
2. Select Account in the left hand menu.
3. From the drop down options, select Reward Program.
4. Select the preferred Reward Program:

• Qantas Business Rewards – if you already have a Qantas Business Rewards account it will automatically be linked. If not, you will be prompted to create one for free.
• Velocity Frequent Flyer – enter your membership number, first name and last name.

To add payees manually, follow the steps as listed below:

1. Login to the platform.
2. Select My Payees in the left hand menu.
3. Select Add Payee in the top right hand corner.
4. Select Manual.
5. Select whether your payee is a Business or Employee. Please note, employees can only be paid via Bank Transfer. American Express strictly prohibits the paying of employees with a card.
6. Proceed as prompted, ensuring all fields marked with an asterisk are filled in accurately.
7. When you arrive at the Disbursement Details page select whether your payee has Bank Details (BSB and Account Number) or BPAY Details (Biller Code and Reference Number).
8. Once you have entered in all of the details as prompted, select Verify.

To become a referrer, follow the steps as listed below:

1. Login to the platform.
2. Select Account in the left hand menu.
3. From the drop down options, select Referral Program.
4. Accept the Terms and Conditions.
5. You will then be issued a unique sign up link and referral code.

Note: To become a referrer you must first connect to a Reward Program.

To create a single one-off payment, follow the steps as listed below:

1. Login to the platform.
2. Select Create Payment in the left hand menu.
3. Select Supplier Invoices.
4. Select Enter Manually.
5. Select your payee and proceed to enter in the payment details as prompted.
6. Select your preferred payment method (Credit Card or Bank Transfer).
7. Proceed to Authorise and Process the payment.

To connect your account to Xero, follow the steps as listed below:

1. Login to the platform.
2. Select Account in the left hand menu.
3. From the drop down options, select Accounting Integration.
4. Select Xero from the options provided.
5. Select the Connect to Xero button.
6. Login to Xero as prompted.
7. Once you have connected your Xero account you will need to map a number of data fields to ensure that reconciliation of payments is smooth and efficient.
   • Payment Account Code Field. Select the Xero account code to be used when updating your Xero Bills after they are paid. Normally, this will be the Xero card you are using to make payments on our portal (e.g. American Express Business Platinum).
   • Processing Fee Account Code Field. Select the Xero expense code for our processing fees. The list of expense codes available for selection is based upon your chart of accounts (e.g. 400 Bank Fees).
8. Lastly, select the Update button to save and finalise your selections.

To link to MYOB, follow the steps as listed below:

1. Login to the platform.
2. Select Account in the left hand menu.
3. From the drop down options, select Accounting Integration.
4. Select MYOB from the options provided.
5. Select the Connect to MYOB AccountRight button.
6. You will then be shown a warning screen listing 2 prerequisites. Firstly, your MYOB AccountRight file must be available online (https://help.myob.com/wiki/display/ar/Put+your+company+file+online). You must also have administrator access to your company file (https://help.myob.com/wiki/display/ar/Set+a+user%27s+online+access+level).
7. Proceed to login to MYOB as prompted.
8. Within MYOB, select Allow access to Yak Pay as prompted.
9. Once you have connected your MYOB account you will need to map a number of data fields to ensure that reconciliation of payments is smooth and efficient.
• Payment Account Code Field. Select the MYOB account code to be used when updating your MYOB Bills after they are paid. Normally, this will be the MYOB card you are using to make payments on our portal (e.g. American Express Business Platinum).
• Processing Fee Account Code Field. Select the MYOB expense code for our processing fees. The list of expense codes available for selection is based upon your chart of accounts (e.g. 400 Bank Fees).
10. Lastly, select the Update button to save and finalise your selections.