Velocity Frequent Flyer
Pay your everyday business expenses through Payment Logic and earn Velocity Points on every transaction.
Join Velocity Frequent Flyer
Join today at no cost and with no ongoing membership fees to begin accruing Velocity Points instantly.
Earn uncapped Velocity Points for your business
Link your Velocity Frequent Flyer account to Payment Logic and earn up to 10 Velocity Points per $1 spent.
Benefits of Payment Logic
Easy Payments, Real Rewards
Earn Uncapped Rewards
There are no limits to your points earning potential - earn up to 10 Velocity Points per $1, uncapped, for every payment processed.
Improve Cashflow
Take advantage of up to 55 interest-free days from your card to help manage your business’ cash flow.
Secure Transactions
We understand the importance of security and the dangers of socially engineered fraud. This is why we go above and beyond to ensure that your data and money are protected, with every payment processed through Payment Logic being protected by key security checks that exceed standard bank regulations.
Member Benefits
Creating a Payment Logic account grants you access to a variety of exclusive member only benefits within our portal.
Card and Bank Transfer
Processing and Rewards Accelerator fees are exclusive of GST. The fees for using Payment Logic are typically tax deductible for businesses. For tax matters, please consult your tax adviser, as we do not offer tax advice.
Processing and Rewards Accelerator fees are exclusive of GST. The fees for using Payment Logic are typically tax deductible for businesses. For tax matters,please consult your tax adviser, as we do not offer tax advice.
Processing and Rewards Accelerator fees are exclusive of GST. The fees for using Payment Logic are typically tax deductible for businesses. For tax matters,please consult your tax adviser, as we do not offer tax advice.
Velocity Points are just 4 steps away!
- Create your account
- Link your Velocity Frequent Flyer Account
- Process an eligible payment
- Enjoy the rewards credited to your Velocity Frequent Flyer Account
FAQs
Payment Logic is a secure payment platform that enables businesses to pay their expenses, including: the ATO, suppliers, subcontractors, rent, superannuation, payroll and more whilst optimising cash flow and earning reward points on every payment.
Payment Logic is available to Australian owned (or managed) businesses with a current ABN.
Payment Logic accepts any Australian issued American Express, Visa or Mastercard which can be utilised to process payments on the platform. Internationally issued cards can be used but are charged at a flat processing fee of 3% + GST.
Payment Logic does not currently have a mobile app.
With Payment Logic, you can pay all of your business expenses, including the ATO, suppliers, subcontractors, rent, superannuation, payroll, and more.
However, please note that you cannot use Payment Logic to pay yourself via credit card. Certain industries are restricted from using specific payment methods, and Payment Logic reserves the right to update the list of banned industries at any time.
You can earn Velocity Points on payments made via card or Bank Transfer.
Yes, you can make payments to a BSB and Account Number.
Yes, you can make payments to a BPAY Biller.
To create an account, visit yakpay.com/#/signup and follow the prompts to complete the online application form. The signup process takes around 10-15 minutes to complete and your account will take approximately 2 business days to be approved on the basis that all required documentation has been provided.
You can view your Points balance via your Points Activity Statement in the Velocity Frequent Flyer Portal.
If you cannot link your account via your First Name, Last Name and Membership Number in the Reward Program section of the Payment Logic platform, please contact help@yakpay.com so that we can investigate the issue.
Please allow up to thirty (30) days for your Velocity Points to be reflected in the Velocity Frequent Flyer Rewards Portal. If your points are still not showing after thirty (30) days, please email help@yakpay.com with your Payment Logic account details and the date of payment.