Tired of chasing late payments?

Automate getting paid with direct debit

direct debit

Whether you’re managing recurring bills, one-off payments or large batch payments, we’ve got you covered. Streamline customer payments and automate reconciliation with direct debit and Monoova.

  • Receive funds a whole day faster than with other providers
  • Manage fixed and variable billing
  • Process large payment batches quickly
  • Enjoy cost-effective rates
  • Reconcile automatically
  • Benefit from easy management through one API
Up to 2 business days
Receive payments

Goodbye manual payments.

Receive payments a full business day faster

a full business day faster

With direct debit through Monoova’s API, bills practically pay themselves. It's the hassle-free way for your customers to ensure on-time payments without effort. And with Monoova you’ll receive funds cleared in your bank account in two business days – a whole day faster than other providers.

Ideal for both recurring transactions, like subscriptions and loan repayments, and one-off payments, direct debit offers a familiar convenience.

And you can instruct debits whenever you want, helping you optimise both your customer experience and your own success rates.

Working smarter, not harder.

Hello convenience

efficiency

Familiar processes, clear records and regular payments to ensure happy customers and smoother transactions.

Keep things familiar with direct debit

with direct debit

Cut fees

Lower rates per transaction than cards.

Reduce admin

Less manual invoicing and less chasing of late payments.

Re-energise cashflow

Get paid accurately and on time by automating processing.

Enjoy more control

With Monoova’s unique dynamic naming, you can control what a customer sees on their transaction history.

With Monoova’s flexible technology, and their genuine willingness to tailor solutions for clients’ purposes, they make the perfect partner for us. They are also able to combine the stability of a larger partner with the speed and responsiveness of a start-up.”
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Headshot of Andrew Wilson from Nudge

Andrew Wilson

Co-Founder

Make direct debit work for you

work for you

Get the green light

Have customers complete a DDA, giving you authority to debit payments.

Set the schedule

Set your customer's account details, the amount to be debited (fixed or variable), and payment frequency.

Get paid

Get paid within 2 business days – a whole day earlier than with other providers.

When is direct debit the best payment option for you?

best payment option
Direct Debit
PayTo
Cards
Recurring fixed payments
Recurring variable payments
Transaction costs
$
Flat fee
$
Flat fee
$$$
The % fee grows with transaction value
Settlement speed
Up to 2 business days
Real-time (2-3 seconds)
Up to 2 business days
Customer control
x
Merchants control direct debit agreements
Customers can manage or cancel PayTo agreements
Agreements are impacted if the customer’s card is cancelled, expired or lost
Real-time notifications
x
Pay customers and suppliers
N/A
Real-time account validation
x
Automatic reconciliation with Monoova’s API
Customer surcharge
x
x
Data storage
Self-storage for 7 years
Centralised, secure digital storage
Limited storage

Prep for change.

Combine direct debit and PayTo to smooth the way

smooth the way

Keep payments seamless with Monoova as you ease your customers’ transition from direct debit to PayTo, the new way to pay. Offer direct debit alongside PayTo to enable customers to convert to the New Payments Platform when they’re ready, and minimise interruption to your business.

With direct debit as backup, you can recover outstanding dues if your customer mistakenly cancels their PayTo agreement.

No either/or.

More flexible payment options with one API

More flexible|with one API

It’s about the best fit for your needs. Monoova is your bridge between traditional and emerging new payment types. Get PayTo, NPP, BPAY, direct debit and more with our secure payment API to make sure you get paid (or pay) on time, every time, and in every situation. And our team of experts are on hand to help you craft the right solution for all your business needs.

Make collecting payments a breeze.

Get paid on time, every time

on time, every time

Reliable cashflow is essential for every business, and direct debit can make that happen.

Talk to us today to find out how we can help you manage fixed and variable subscription, recurring, one-off and ad hoc payments with online acceptance of direct debits, bank transfers, PayTo, NPP, BPAY and credit and debit cards. With everything in one place, our payment experts can help you design the best solution for every aspect of your business.

More ways to make money move™

make money move™

Auto-reconciliation

Automatic, real-time reconciliation.

PayTo

Real-time, data-rich payments on NPP rails.

Payment Solutions

Monoova’s API ecosystem enables fast and secure payments.

White-glove service and a single point solution that connects you with speed and automation 24/7/365

Monoova is your partner to make money move™
White-glove service|single point solution|make money move™

The latest news

news

PayTo for Merchants

The Australian banking ecosystem is undergoing a technical transformation. With the rollout of the NPP and the upcoming retirement of the BECS system in 2030, both businesses and consumers are getting accustomed to the new ways of doing things. One of the most innovative introductions is PayTo, a real time payment rail that allows for consumers to authorise recurring or one off payments of fixed and variable sums all while controlling the agreement

Reduce the admin of identifying and rectifying incorrect payments with Monoova’s automated reconciliation rules

Reconciliation is a huge part of any finance team’s time, especially at the end of a financial period. Manual processes introduce the risk of human error, both on the side of the payments being made, and payments being received and allocated, causing headaches for everyone involved.‍ Explore how Monoova's reconciliation rules can reduce admin and bring efficiencies to your business.

Driving Value Through Payments

Monoova recently held a panel discussion with payment experts and industry leaders on how payments can enable change, transformation and drive business growth. Panelists from Australian Payments Plus, Cuscal and Hnry share their commentary on how payments can drive value for consumers and businesses alike.

How real estate agents can use payments to boost their bottom line

David Greene, Chief Commercial Officer at Monoova shares his top payment strategies for real estate agents to improve their bottom line.

*Disclaimer: To the extent that the information contained above is sourced from third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties. You may read our PDS/FSG for more information.