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 paymentsPay directly from AccountRight (2020.2 and later, selected customers only - see note below). 
What's the difference?| Using a bank file | Direct payments | - available in Australia and New Zealand
- both online and desktop company files
- included with AccountRight (bank fees may apply)
- internet banking required
| - available to selected Australian customers (see note below)
- online company files only
- MYOB fees apply (see FAQs below)
- internet banking not required
- streamlined payment process
- less data entry = fewer mistakes!
- additional security
- full payment audit trail
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| Direct payments availability This feature is being launched in Australia throughout through June & July 2020 and we'll be making it available for one group of accounts at a time. Until early July, only in 2020. Only businesses registered as Sole Traders and/or Private Companies with the Australian Business Registry will be eligible able to apply. From early July onwards, both Sole Traders and Companies will be eligible to apply. |
Setting up electronic paymentsBefore you can make electronic payments using your chosen method, you'll need to set up a few things. Making paymentsOnce you've set up electronic payments, you're ready to start making payments using your chosen method. | 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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