pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses
pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange (FX) solution to combine competitive rates with the most flexible rewards program in-market, giving SMEs the freedom to earn and redeem rewards on every cross-border payment.
Powered by Send Payments, International Payments integrates seamlessly into the pay.com.au platform, enabling businesses to manage both domestic and international payments all from one place 1. It covers eight major currencies — AUD, USD, GBP, CAD, HKD, NZD, SGD and EUR — and supports transactions across more than 30 countries.
Unlike other FX features on the market, pay.com.au’s International Payments is the only service that allows businesses to earn flexible rewards on every international transaction through its PayRewards program - rewards that can be redeemed across a wide range of partners, not limited to a single airline or card scheme.
Those paying with a credit card can also earn their card's points on top of the PayRewards Points. These points can be redeemed for a wide range of rewards, including flights and hotels, helping businesses turn necessary expenses into tangible benefits.
"Australian SMEs deserve payments that work as hard as they do," said Grant Austin, CEO of pay.com.au. "With International Payments, businesses get smarter – and simpler – cross-border transactions at competitive rates and with the most flexible rewards on the market.
“This launch also marks an important step in our vision to build a unified payments platform for SMEs across Australia. By bringing together innovative solutions in one place, we’re helping businesses manage all their payments needs without added complexity.”
The new service is underpinned by Send Payments’ compliance-first infrastructure and enterprise-grade API, which seamlessly integrates FX and cross-border payment capabilities into pay.com.au’s existing platform, while enabling secure, scalable and efficient global transactions.
"We are proud to partner with pay.com.au to bring a world-class international payments solution to small businesses across Australia," said Matt Barr, CEO of Send Payments. " Our intuitive and reliable technology solutions reduce the complexity, risk and effort associated with enabling cross-border transactions, allowing partners like pay.com.au to concentrate on their core services and grow their offerings. This partnership is a testament to our shared vision of making global payments more accessible, rewarding and aligned with the needs of growing businesses."
For more information or to sign up, visit pay.com.au.
