What is PayTo?
PayTo's pre-authorised real-time payments deliver the set-and-forget benefits of direct debits and credit cards with a decreased risk of missed payments and fraud.
It’s revolutionary in the way it delivers a single, flexible, secure payment solution connecting merchant and customer bank accounts without the delays and limitations of traditional payment methods.
The payments game-changer
Clarity & transparency
A single integration
Benefits for merchants and their customers
01 Increase successful payment collection as everything is automated, verified, customer pre-authorised and moves in real-time.
02 Confirmed funds availability in customers’ bank accounts in real-time when a payment is initiated, eliminating dishonours - for good.
03 No more paper agreements, drastically reduce back-office admin and reconciliation busywork.
04 The superior customer experience of seamless payments without having to leave the merchant’s digital environment.
05 Visibility when a customer pauses, changes or cancels a PayTo agreement, providing the insight needed to engage timely and maximise payment success.
01 Pay bills and make purchases directly from their bank account.
02 PayTo agreements are portable and can be easily moved between accounts and banks.
03 A fully digital sign-up experience enables seamless payment set-up on the spot.
04 Manage PayTo agreements from one screen/place within the security of their existing online or mobile banking app.
05 Full control to set up, pause or cancel a PayTo agreement as desired.
"PayTo will fundamentally change the way money moves, accelerate cash flow, and give consumers more clarity and control over when and where their payments are going."IAN LENNIE, ZEPTO CO-FOUNDER & EXECUTIVE DIRECTOR - SOLUTIONS
Why Choose Zepto for PayTo?
As a Connected Institution [CI] on the New Payments Platform (NPP), Zepto is unhindered by intermediaries between it and Australia's modern, real-time payment rails.
This frees Zepto from the limitations that come with connecting to the underlying payments infrastructure through a 3rd-party, and allows Zepto to innovate freely beyond the base PayTo framework and offering.
Merchants who integrate with Zepto for PayTo can expect a classic Zepto, light-touch integration, best-in-class payment flows and experience throughout their entire onboarding journey.
Zepto has conducted extensive merchant and consumer research to ensure their valuable insights inform our PayTo product roadmap and ultimately deliver the payment experience they expect and value.
Transform your customer experience
PayTo gives customers more visibility and control over payment obligations from their bank accounts, and will eliminate the friction points of traditional direct debit. Your customers will enjoy a massively enhanced payment experience, and you’ll enjoy a freer, faster flow of funds.
Is your business PayTo ready?
Integrate now with Zepto, and you’ll have no additional development work to port across to PayTo—if you want to—the moment we switch it on. Our API does all the heavy lifting, so you won’t have to.Let’s do this