About PayWay
A payment processing platform by Westpac that enables businesses to collect and manage payments via credit card, direct debit, EFT, BPAY, and PayPal. Offers REST APIs, hosted payment pages, and recurring billing for cloud and SaaS applications.
PayWay is a robust payment processing solution developed by Westpac, designed to help Australian businesses streamline their receivables. It serves as a comprehensive platform that supports a wide array of payment methods, including credit cards, direct debit, BPAY, and PayPal. For developers and SaaS providers, PayWay offers a powerful REST API that allows for deep integration, enabling businesses to build custom checkout experiences while offloading PCI-DSS compliance burdens through Westpac's secure vaulting services. The platform is particularly strong in reconciliation, offering automated matching for EFT payments and detailed daily reporting. While it is a highly capable tool for managing recurring billing and subscription-based revenue, its primary focus is on the Australian market, with features tailored to local banking standards. Businesses looking for a secure, bank-grade payment infrastructure will find PayWay's combination of API flexibility and reliable settlement reporting to be a significant asset for managing cash flow.
Pros & Cons
- Supports a wide range of payment methods including BPAY and direct debit.
- Automated reconciliation features significantly reduce manual administrative work.
- Robust REST API allows for seamless integration into existing SaaS platforms.
- Bank-grade security and PCI-DSS compliance support protect sensitive data.
- Real-time reporting provides clear visibility into daily cash flow.
- Pricing is not publicly listed and requires contact with a relationship specialist.
- Primarily focused on the Australian market, which may limit utility for global operations.
- Integration requires technical resources to fully leverage the REST API capabilities.
Features
Key features
Supports collection via Credit Card, Direct Debit, EFT, BPAY, and PayPal.
Automates regular payments and subscriptions with options to retry declined transactions.
Provides comprehensive API solutions for cloud and SaaS platforms to add payment capabilities.
Offers daily transaction reporting and an administrative portal for centralized business views.
Reduces compliance scope through vaulting services and hosted payment pages.
Integrates security features like Fraud Guard and 3D Secure to mitigate transaction risks.
Additional features
Matches EFT payments to customer reference numbers automatically.
Calculates and collects surcharges on behalf of the merchant.
Supports bulk payment file uploads for high-volume transaction management.
Enables real-time account-to-account payments with immediate validation.
Issues unique reference cards for tenants or members to facilitate easy payments.
Provides a free test facility for developers to integrate and validate API solutions.
Allows merchants to maintain control over the customer experience via hosted pages or API.
Delivers daily reports matched to customer numbers for streamlined reconciliation.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About PayWay
A payment processing platform by Westpac that enables businesses to collect and manage payments via credit card, direct debit, EFT, BPAY, and PayPal. Offers REST APIs, hosted payment pages, and recurring billing for cloud and SaaS applications.
PayWay Details
PayWay's In-App Market Place
Does PayWay have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
12
Mini Apps
1. PayPal - Enable customers to pay using their PayPal account
increasing convenience for online shoppers.
2. Stripe - Accept credit card payments directly on your website
allowing for seamless transactions.
3. Braintree - A payment gateway that supports multiple payment methods
including credit cards
PayPal
and Venmo.
4. Square - Process payments using Square's secure platform
ideal for businesses that have physical locations in addition to their online store.
5. Apple Pay - Allow customers to make purchases using Apple Pay on their mobile devices
providing a fast and secure checkout experience.
Pricing Options
Accepted Payment Currencies
AUD ($), USD ($), EUR (€), GBP (£), NZD ($), CAD ($), JPY (¥), HKD (HK$), SGD ($)
Pros & Cons
- Supports a wide range of payment methods including BPAY and direct debit.
- Automated reconciliation features significantly reduce manual administrative work.
- Robust REST API allows for seamless integration into existing SaaS platforms.
- Bank-grade security and PCI-DSS compliance support protect sensitive data.
- Real-time reporting provides clear visibility into daily cash flow.
- Pricing is not publicly listed and requires contact with a relationship specialist.
- Primarily focused on the Australian market, which may limit utility for global operations.
- Integration requires technical resources to fully leverage the REST API capabilities.
PayWay's Support Options
Email Address
support@payway.com.auContact
1300 368 098Documentation
https://www.payway.com.au/docs/rest.htmlPayWay's Alternatives
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