INCREASING SOPHISTICATION OF DIGITAL PAYMENT ALTERNATIVES
With the planned introduction of the New Payments Platform, there will be a new faster, flexible and more convenient 24 x 7 electronic payment service to make and receive payments in Australia.
This should be seen as an opportunity to review your business and prepare for the rapid growth of digital economies. ANZ can work with you to minimise any impact and support the development of tailored digital payment strategies to meet your requirements.
WORKING WITH ANZ
ANZ understands that your company may still use cheques due to the limited options to attach additional payment reference and invoice data, or simply because cheques have been a tried and tested payment method.
Resources involved in the day to day production and distribution of cheques could be better utilised across your business to focus on value added activities. Activities that could drive revenue to your bottom line, providing efficiencies and cost savings to your business.
Let us work with you to devise a strategy that reduces your reliance on cheques and help you understand the mix of payment types used by your business. In doing so, we can further identify opportunities to improve your cash flow. We can then seamlessly migrate you and your clients to any identified alternate electronic payments.