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Understanding payment methods

This article explains PaySauce's payment methods and how to use them.

J
Written by Jonathan
Updated over a week ago

PaySauce offers two methods for funding your payroll: PayTo and Internet banking. Understanding how each works helps you choose the best option for your business.


PayTo (recommended)

How PayTo works

PayTo uses Australia's New Payments Platform (NPP) to provide fast, secure payments directly from your bank account. It's designed to replace traditional direct debits and offers real-time payment processing.

When you process a pay run with PayTo:

  1. You select Process Pay Run in PaySauce

  2. PaySauce automatically initiates fund transfers from your authorized bank account

  3. Funds are distributed to:

    • Your employees (via their bank accounts)

    • The ATO (for tax withholdings)

    • Superannuation funds (for super contributions)

  4. All transfers happen in real-time (almost instant)

Benefits of PayTo

  • No manual transfers: After initial setup, everything is automatic

  • Fast processing: Real-time payments, available 24/7

  • Simple workflow: One click processes your entire payroll

  • No delays: No waiting for fund transfers to clear

  • Reduced errors: No manual transfer steps where mistakes can occur

PayTo requirements

  • Your bank must support PayTo for business accounts (most major Australian banks do)

  • You must authorise a PayTo agreement through your online banking

  • The agreement must be accepted before you can process pay runs

When to use PayTo

PayTo is recommended for most businesses because of its simplicity and speed. It's particularly beneficial if you:

  • Want to minimise manual payroll tasks

  • Process payroll outside business hours

  • Need fast, reliable payments to employees

  • Want to reduce the risk of transfer errors


Internet banking

How internet banking works

With internet banking, you manually transfer funds into a PaySauce virtual account before processing each pay run. PaySauce then distributes those funds when you process the payroll.

The process for each pay run:

  1. Prepare your pay run: Fill in all employee details as normal

  2. Note the gross amount: This is shown on the pay run summary

  3. Transfer funds: Manually transfer at least the gross amount from your bank account to your PaySauce virtual account

    • Account details are shown on the Payments page

    • Transfers typically take 4-6 hours or more to appear

  4. Wait for funds to clear: Check the Balance on the Payments page

  5. Process the pay run: Once your balance shows at least the gross amount, the Process Pay Run button becomes active

  6. Complete the payroll: PaySauce distributes your deposited funds to employees, the ATO, and superannuation funds

  7. Receive refunds: Any remaining balance is automatically transferred back to your bank account

Internet banking requirements

  • Your business bank account details must be entered in payment setup

  • You need access to internet banking to transfer funds

  • You must allow time for transfers to clear (typically 4-6 hours minimum)

When to use internet banking

Internet banking is appropriate if:

  • Your bank doesn't support PayTo for business accounts yet

  • You prefer to manually control when funds are transferred

  • You're comfortable with the additional time and steps required

Important notes about internet banking

  • Allow extra time: Plan your payroll processing to account for transfer delays. If you need to pay employees on a specific day, transfer funds well in advance.

  • Accurate bank details: Ensure your bank account details in Company Settings are correct, as excess funds are refunded to this account.

  • Transfer the full amount: You must transfer at least the gross amount shown on the pay run. Partial transfers will delay processing.


Bank file download

PaySauce offers a third payment option: downloading an ABA file that you can upload to your internet banking to manually process payments.

How it works

  1. Process your pay run in PaySauce

  2. Download the ABA file generated by PaySauce

  3. Upload the file to your internet banking

  4. Manually transfer funds according to the file

Important considerations

  • PaySauce will complete all regulatory filings (STP, superannuation) when you process the pay run

  • This assumes you'll actually use the ABA file to make payments

  • If any payment errors occur, they happen outside PaySauce and must be resolved independently

  • This option provides maximum control but requires the most manual work


Comparing payment methods

PayTo

Internet Banking

Bank File

Speed

Instant

4-6+ hours delay

Depends on your processing

Manual transfers

None

Required each pay run

Required each pay run

Works 24/7

Yes

Limited by banking hours

Limited by banking hours

Setup complexity

Requires bank agreement

Minimal

Minimal

Best for

Most businesses

Banks without PayTo

Manual control


Common Questions

Is PayTo safe?

Yes. PayTo is built on Australia's New Payments Platform and uses bank-grade security. You maintain full control through the authorized agreement with your bank, which you can review or cancel at any time.

What if I transfer too much with internet banking?

Any excess funds are automatically refunded to your business bank account after the pay run is processed.

Can I use different methods for different pay runs?

Yes, but you must configure the payment method you want to use in your payment setup before processing each pay run. It's simpler to choose one method and stick with it.

What happens if my PayTo agreement expires?

You'll need to reauthorise the agreement through your online banking before you can process pay runs. PaySauce will notify you if your agreement needs renewal.

Which method is most popular?

PayTo is the recommended and most popular method because it's the fastest and requires the least manual work.


Need help?

If you have questions about which payment method to choose or need help setting up your payment configuration, contact PaySauce support.

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