Australia’s largest non-bank payment provider, Ezidebit, has launched new market leading cloud software, allowing businesses to process any invoice payment method - whether online, direct debit, credit card or BPay - from a single unified platform.

The platform, codenamed ‘Highlander’ (based on the premise “there can only be one”) while in development, seamlessly reconciles all payment information into businesses’ accounting or management software.

A suite of new features, such as Late Payment Collection and Paperless Direct Debit, have also been developed to help businesses get paid.

Ezidebit processes 300,000 payments everyday from 1.3 million payers, which total $3.3 billion worth of transactions every year. Every week nearly 10,000 people and hundreds of businesses join Ezidebit’s automated cloud-based payment platform.

Ezidebit Chief Information Officer Mark Healy is confident that Ezidebit has created the market’s most sophisticated payment platform, designed to scale with growth, with a simple user experience, to help businesses better manage their cashflow.

Healy (pictured below) explains “the payments ecosystem is highly complex for businesses to navigate, but our platform frees our customers from that hassle so they can focus on running their business.

“Rather than having to open a merchant account at a bank or deal with payment gateways, customers just sign up and Ezidebit does all the hard work. This is fantastic for SMEs, which make up 99% of Australia’s businesses and 85% of our customers.”

Ezidebit also integrates seamlessly into Xero so users can offer credit or debit card payment for invoices, bypassing the need for a merchant bank account, saving small businesses up to $6,000 a year in bank fees.

Additional features of the new Ezidebit platform include the market’s first integrated online process to manage the complex and sensitive late collection process, for businesses using Ezidebit and Xero.

The moment an invoice becomes overdue, a message will be sent to remind the debtor, offering the option to ‘pay now’ at the click of a button. Late payers can even set up payment plans themselves and the Ezidebit tool will recognise the oldest invoice and settle it first.

A new Paperless Direct Debit feature allows businesses of all sizes, from personal trainers to childcare centres and charities, to do away with paper forms and sign up customers on the spot.

Thanks to the Application Programming Interface (API) Ezidebit customers can send transactions and invoices and reconcile with more than 40 major industry management software platforms, such as Qikkids (childcare) and MINDBODY Online (gyms and personal trainers) and StorMan (self-storage operators).

Healy adds “our new platform offers more ways to help our customers run their businesses more efficiently and get paid on time.

“Quite simply, it is the best payment platform out there, giving merchants complete control over the lifeblood of their business - cashflow.”

Ezidebit was founded in 1998 on the philosophy that every business deserves to be paid on time, in the simplest way possible.

Since 2008, the company has grown 27% per annum to become Australia's largest non-bank payment provider, processing more than $3.3 billion annually.

The company was acquired by Global Payments Inc. last year. 

Click here to contact Ezidebit via their entry in the Australasian Leisure Management Supplier Directory.

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