Paypa Plane

Paypa Plane

Financial Services

Brisbane City, Queensland 2,632 followers

Smart Payment Agreements™ - the world's only multi-rail payment agreement overlay service.

About us

Paypa Plane’s Smart Payment Agreements™ are the only payment agreement overlay service that operates on all payment rails – from bank accounts, bill payment, cards, real-time and more. Smart Payment Agreements are the most effective, ethical and responsible way to create and manage ongoing or recurring payments now and into the future for financial institutions, businesses and payers. Smart Payment Agreements significantly uplift the payer experience, security and management of existing payment types and allow financial institutions to manage the introduction of PayTo in a way that best suits their strategy and payer demographic. Bringing care, transparency, security, strong payer consent and context to each automated payment, Smart Payment Agreements significantly enhance payer experience, payment security and transaction success rates whilst improving business efficiency. Smart Payment Agreements capture and maintain Strong Payer Authority, attach standardise agreement meta-data to each transaction, ensure every payment is compliant with the agreement, automate customer care, convert all payment types to a single API and activity protect against payment redirection, invoice switching and first party fraud.

Industry
Financial Services
Company size
11-50 employees
Headquarters
Brisbane City, Queensland
Type
Privately Held
Founded
2017
Specialties
Payments, Direct Debits, Fintech, NPP, Recurring Payments, Subscription Economy, Banking, MPS, realtime payments, PayTo, merchant services, and bussiness banking

Locations

Employees at Paypa Plane

Updates

  • View organization page for Paypa Plane, graphic

    2,632 followers

    #Intersekt2024 is this week! If it's your first time attending, here are Paypa Plane's top 4 tips on 'How to Intersekt': 1. Come prepared to TALK 📣 👋 - Intersekt is the most conversation-rich conference we have ever been to. Everywhere you turn there is someone amazing to meet or friends to reconnect with, and, everyone is more than up for a chat at Intersekt! 2. Pack your STAMINA 💪 ☕ - from breakfasts to lunches, dinners to after-drinks (not to mention the actual main events of the conference in between), Intersekt comes with a packed agenda. You won't want to miss any of it so, sleep when it's over and soak it all in whilst you are there. 3. Get INVOLVED 🧠 🤝 - the content this year looks awesome and not to be missed, but, there are also roundtables to attend, pitches to witness (or make), meetings to book and coffees to network over. The more you put in the more you will come away with- so get involved! 4. APPRECIATE 💖 🎉 - Intersekt holds a shining spotlight on the incredible and unique fintech community that we have in Australia - a community made of the people of fintechs (of course) but also of banks, regulators, government, corporates and many more. At no other time of the year is the energy of that community more obvious than at Intersekt - we are always blown away by our industry and grateful to be a part of it! FinTech Australia

  • View organization page for Paypa Plane, graphic

    2,632 followers

    The Paypa Plane team is gearing up for the excitement #Intersekt2024 next week. You can catch our CEO Simone Joyce on stage on Day 2, or, find us for a conversation on Day 1 or 2! Our Client Relationship Specialist Cameron Ross, our Head of Partnerships Brigitte Cooney and our CFO Alice Tagney will all be there and all are booking meetings now. If you would like to know more about Smart Payment Agreements™ this is an excellent opportunity to have a conversation!

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  • View organization page for Paypa Plane, graphic

    2,632 followers

    The Consumer Policy Research Centre has released a report about subscription payments negative practices and best practices (link in comments). Concerned primarily with how easy a subscription is to cancel, it's a solid peek into how these type of payments can be lead to negative practices. 90% of consumers survey stated that they would repurchase from a company if the cancelation process was quick and simple... but what about the rest of the experience? What if the entire payment experience was transparent, easy to manage and presented a consistent experience no matter whether you are using a bank account or credit card. What if strong customer consent was sought and then actually referred to make sure it was still valid before every payment was processed? What if, when a payment failed, you were treated with respect and clear information? These things should also be basic requirements and would do so much to improve, not just businesses' relationships with their customers, but the financial wellness of their customers (not to mention the business efficiency and cashflow benefits). The report also mentions that there should be a 'centralised subscription management tool'... All of these things exist already in a Smart Payment Agreement™ and have done since 2018! A Smart Payment Agreement is designed to make all types of automated or recurring payments safe, transparent, compliant and work for businesses and their payers. If you haven't heard of Smart Payment Agreements but would like to find out more, reach out to us! If you would like to and instantly uplift your relationship with you customers, uplift your payment strategy and be ready for for the changes coming through real-time payments and #PayTo, reach out to us!

  • View organization page for Paypa Plane, graphic

    2,632 followers

    How can Smart Payment Agreements™ help to reframe what is 'normal' when it comes to payments to help protect against #scams and #fraud leveraging #pushpayments? This article takes a look! (If you want to listen to Salt-N-Pepa’s 'Push It' whilst reading, we are okay with that).

    View profile for Simone Joyce, graphic

    CEO/Founder at Paypa Plane

    I've been paying attention to the overwhelming information and iniatiaves related to push payment scams and fraud. It's the main topic of conversation at most financial or payment conferences (well, that and AI), and rightly so. I hear a lot about confirming payees, transaction monitoring, and payer-focused education campaigns (which is all good) But, I think at the end of all this, push payments from bank accounts are just too normal. We need to de-normalise them to really help reduce push payment scams. Businesses (and the banks that support them) could be doing a lot more to de-normalise push payments. I am not sure that ‘we’ (the collective industry ‘we’) have really asked them to. The way we pay legitimate businesses frames the behavior and ‘normal’ payment habits that scammers take advantage of. I think enlisting businesses to help de-normalise push-payment behaviour could help in the fight against #scams, #fraud and also plain old mistaken payments.

    Pushing It

    Pushing It

    Simone Joyce on LinkedIn

  • View organization page for Paypa Plane, graphic

    2,632 followers

    Recurring payments without a Smart Payment Agreement are like stepping into a "Bad Blood" scenario, where risks to your enterprise or bank's security loom large. Without them, you're not just risking "The Last Great American Dynasty"; you're opening the door to fraud, lack of transparency, and losing access to powerful meta data that could "Begin Again" your approach to financial management.But fear not, "The Story of Us" doesn't have to end in a "State of Grace". Smart Payment Agreements are the "Wildest Dreams" for recurring payments, ensuring that "Everything Has Changed" for the better. They're not just a "Blank Space" in your payment processing strategy; they're the "Kingdom Come" for ensuring reliability, security, and insight into your transactions.So, don't just "Shake It Off"; make the smart choice. Embrace Smart Payment Agreements and let your business "Fearless"ly dive into the future of recurring payments. With this technology, you're not just making a change; you're making a change that's "All Too Well" thought out. It's time to "Speak Now" and let the world know that your enterprise is ready to "Begin Again" with the best in payment solutions, learn more: https://lnkd.in/gRsRXJHP #smartpaymentagreements

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  • View organization page for Paypa Plane, graphic

    2,632 followers

    Is your enterprise or bank ready to unleash the power of real-time payments? 🤔 Current payment infrastructure is often unflexible, requires manual support, and doesn't keep up with new payment technology. Pearl is our powerful API product that enables access to our full payment suite and access to our proprietary Smart Payment Agreements™. Using the Pearl API, you can uplift your current payment processes without implementing major changes to your current infrastructure. Our Pearl product can also support your transition from BECS and Cheques as we see the two being phased out over the next few years. Learn more about Pearl: https://lnkd.in/gKcaBFVp #payments #realtimepayments

  • View organization page for Paypa Plane, graphic

    2,632 followers

    Did you know Australia is planning to decommission #BECS by 2030? This decision stands in contrast to the US's commitment to #ACH and the UK's continued reliance on #BACS. So, is this a revolutionary step by Australia? Simone Joyce, Paypa Plane CEO and Founder, delves through the four key reasons to waive bye-bye to BECS: 👋 Availability 👋 Security and protection 👋 Speed 👋 Investment for the future Read more on Simone's thoughts around the phase-out of BECS here: https://lnkd.in/gKuug4mc

    Waive Bye Bye to BECS

    Waive Bye Bye to BECS

    paypaplane.com

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