How to pay for business equipment and earn credit card rewards points

Many businesses require regular equipment upgrades to stay competitive and efficient in their given industry.

Equipment purchases are often necessary but expensive, whether for a café owner needing a new coffee machine, a tradesperson replacing tools, or an office updating its IT systems.

However, with pay.com.au, you can turn these significant expenses into a windfall of credit card rewards points.

How many points can you earn when paying for business equipment with a credit card?

The potential for earning points is substantial. With the right business credit card, you could earn up to 1.25 points per dollar spent on your business equipment through pay.com.au.

For example, if you spend $111,360 on new manufacturing equipment, you could earn 139,200 points. That’s enough for a one-way Business Class flight from Sydney to Athens on Emirates, which requires around 120,000 points.

What if the equipment supplier doesn’t accept credit card payments?

This is where pay.com.au comes in. Even if your equipment supplier doesn’t accept credit cards or imposes high surcharges, our platform allows you to use your preferred card and collect all the associated rewards points. Here’s how it works:

1. You make the payment to pay.com.au using your chosen credit or charge card.
2. We then pay the supplier on your behalf.
3. You earn thousands of credit card reward points in the process.

It’s that simple. The timing between your credit card payment through pay.com.au and receipt by the payee is typically only T+2 days, ensuring no delays in receiving your equipment.

What other business expenses can you use pay.com.au for?

Our platform isn’t limited to equipment purchases. You can use pay.com.au for a wide range of B2B payments, including:

• Contractor and consultant fees
• Rent payments
• Employee superannuation contributions
• ATO bill payments
• Corporate entertainment expenses

Why pay.com.au beats paying direct

• Unlock cash flow
• Earn your full credit card rewards on government payments
• Earn two sets of rewards by opting in for PayRewards on every credit card payment
• Earn PayRewards points when paying via a linked bank account
• Redeem your rewards for almost anything! Flights, gift cards, travel and more

 

How do the pay.com.au fees stack up?

pay.com.au offers you some of the most competitive fees in the market for processing credit card payments for payroll tax:

• Mastercard: 1% + GST
• VISA: 1.20% + GST
• American Express: 2.10% + GST

Plus there’s an option to add PayRewards Points to every transaction:

• Earn 1 PayRewards Point per $1 with a 1.0% ex GST fee
• Or 2 Points per $1 with a 1.8% ex GST fee.

These rates can be further reduced if you subscribe to their Regular or Premium packages. When compared to other B2B payment options, pay.com.au often emerges as a superior rewards and payments ecosystem for your business.

Is it worth it for your business?

When deciding whether to use pay.com.au for your business payments, such as equipment purchases, consider:

• The value of the rewards you’ll earn
• The fees you’ll pay to obtain the rewards
• The potential cash flow benefits for your business

For many businesses, especially those with high equipment costs, the rewards earned can far outweigh the fees, making it a smart financial decision. Feel free to visit our help centre or get in touch with our team who can help you crunch the numbers.

How do I sign up?

It’s easy. Head to the link and follow the prompts to sign up for your business. It’s free to get started, and with low fees and a user-friendly interface, pay.com.au helps you do business better while maximising your rewards.

By using pay.com.au, you could soon be swapping your office chair for a business-class seat on your next flight. Join our growing number of satisfied customers who are turning their business equipment expenses into premium travel experiences.

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