If you want to pay straight into your suppliers' and employees' bank accounts you can use a bank file, or pay them directly. Using a bank fileCreate a bank file from AccountRight then upload it to your bank for processing. 
Direct payments (beta)Pay directly from AccountRight (2019.3 beta customers onlyonly available if you're already set up for this feature – we're no longer taking new applications). 
What's the difference?| Using a bank file | Direct payments (beta) | - available to Australian in Australia and New Zealand customers
- both online and desktop company files
- included with AccountRight (bank fees may apply)
- internet banking required
| - available to selected Australian beta customers (see note below)
- online company files only
- MYOB fees apply (see FAQs below)
- internet banking not required
- can pay expenses via credit card or Mastercard debit card
- streamlined payment process
- less data entry = fewer mistakes!
- additional security
- full payment audit trail
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| The new direct payments service is currently in beta (it's not quite ready yet), so it's only available to selected beta customers. If you've already been using bank files for electronic payments, it's easy to switch to direct payments.Direct payments availability Only businesses that are currently set up for direct payments can use this feature. We're no longer taking new applications. |
Setting up electronic paymentsBefore you can make electronic payments using bank files, you'll need to set up a few things. Set up For all the details see Setting up electronic payments for bank files Set up for direct payments (beta). Making paymentsOnce you've set up electronic payments, you're ready to start making payments. If you're set up for bank files see Making electronic payments with a bank file. If you're already set up for direct payments see Making electronic payments directly (beta). | HTML |
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<h2><i class="fa fa-comments"></i> FAQs</h2><br> |
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| title | What are the fees for using direct payments? |
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| What are the fees for using direct payments?The fees per use are: Debit card (Mastercard only) - 0.1% of the total payment value
- Example: if paying $10,000, the fee is $10
Credit card (Visa or Mastercard) - 1.5% of the total payment value
- Example: if paying $10,000, the fee is $150
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