The Application Process
Flex Pay is different to other CBA payment solutions, as it offers same day settlement into the customer’s CBA business transaction account at 5pm AEST. It’s important to let each customer know they will be invoiced at the end of the following month with the amount debited from their account on the 1st of the month. As confirmed, customers only pay for the transactions they process, at 1.8% per transaction and there are no monthly or ongoing fees.
Let’s look at what happens next:
- Applications can only be made through merchant direct sales
- After the application is approved, the customer will receive two letters before they can get started.
Select each button to find out more.