Unlock faster, smarter and secure payments.
PayTo is the modern, fully digital alternative to direct debit and EFT. Your customer authorises a payment agreement once in their own banking app, then payments flow in real time, with no delays and no manual follow-ups.
What is PayTo?
PayTo is a modern digital alternative to traditional direct debit and EFT, developed by the New Payments Platform (NPP) and supported by Australia’s major banks. It lets businesses set up payment agreements that customers authorise from within their own banking app.
Customers authorise an agreement once, then payments flow instantly. It marks a significant change in how Australian businesses collect payments, offering speed, flexibility and control.
PayTo via ZenPay
ZenPay brings PayTo together with industry-specific payment flows and enterprise-grade controls, making it easy to adopt and scale for any business or industry.
Unlike legacy direct debit, PayTo unlocks one-off, scheduled and recurring bank payments. It is a secure, compliant and frictionless alternative to traditional bank transfers, BPAY or EFT, and one that today’s digital-first consumers increasingly expect.
PayTo benefits.
Simple
Customers pay directly from their bank account, using a PayID or their BSB and account number.
Fast
Payments are processed 24/7, so there are no pending transactions and settlement is faster.
Transparent
Clear account information is available before approval, removing uncertainty for your customer.
Organised
No ongoing debit schedule is required, so it is easy to build and use for customers and businesses alike.
Prompt
Timely notifications when a payment succeeds or fails, or when a customer pauses or cancels an agreement.
Secure
PayTo payments and approvals use bank-grade technology and robust security.
How it works.
Create a PayTo agreement
You create a PayTo agreement with your customer, setting out the payment amounts, timing and conditions.
Customer authorises payment
Your customer reviews and approves the agreement in their banking platform.
Payments flow instantly
Once approved, payments are initiated in real time, directly from your customer’s account.
Unlock the benefits of PayTo.
Speak with our team to explore how ZenPay can support your business with secure and flexible payment solutions.