• This product gives every customer a fully featured transaction account.
   

• Customers receive unique BSB and account numbers, these are not simply virtual accounts.
   

• The accounts are managed via a dedicated ledger, so there’s no need to add transaction references to fund the account.
   

• We also support a range of account setups to meet your customer’s needs. The platform supports:

  • Single and joint accounts

  • Consumer and Business customers

  • Sub accounts for easier fund management, savings goals etc.

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• It also provides the ability to move money in and out of the transaction account through a range of payment options including:

  • Instant money movement via NPP

  • Paying contacts through PayID

  • Pay bills via Direct Debit

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• Customers are also able to spend their money with a linked VISA prepaid or debit card. These are accepted worldwide, and your customers can choose from either physical or digital cards as well as in-app card functionality.

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• The system integrates perfectly with our other Shaype services.

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• We have licensing which allows you to leverage the suite of Shaype licenses (like our ASFL, VISA Principal License etc) or utilise your own licensing.