Member Spotlight — Yak Pay: Easy Payments, Real Rewards

Member Spotlight
Written By Katrina Angelika

Yak Pay is a business payments platform that empowers you to optimise cashflow and earn accelerated rewards on all of your business expenses. With our Rewards Accelerator feature, you have the flexibility to maximise your rewards potential, earning up to 10 Qantas or Velocity Points per $1 for your business. 

Founding Story 

Founded in 2013, Payment Logic and Yak Pay have been at the forefront of revolutionising credit card acceptance and B2B payment challenges in Australia. Over the past decade, we have reshaped the financial landscape for both B2B and C2B transactions by streamlining cash flow management and enhancing rewards earning opportunities. Our innovative solutions are designed to maximise reward accumulation and provide users with unparalleled payment flexibility and the opportunity to offset travel expenses. 

How it works? 

Earn rewards on every business expense. 

  1. Create your free account 

    Getting started is easy, with no set up or subscription fees involved. All you need is an ABN to set up an account, taking less than 15 minutes to register. 

  2. Load payments 

    We are directly integrated with XERO and MYOB (AccountRight) to seamlessly facilitate the importing of your bills. Alternatively, you can upload your payments via ABA, CSV, Excel files, Invoice Upload, or manual entry. 

  3. Choose your preferred payment method 

    Select either card (American Express, Visa and Mastercard) or Bank Transfer to fund your payments. Depending on your recipient's account details, we then securely transfer the funds to your payee via EFT or BPAY. 

  4. Earn real rewards 

    In addition to earning the full points from your card provider, you'll also have the option to earn bonus points with either Qantas Business Rewards, Virgin Australia Business Flyer or Velocity Frequent Flyer. 

Benefits of Yak Pay 

  • Earn Uncapped Rewards

    There are no limits to your points earning potential - earn up to 10 points per $1 for every payment processed, uncapped. 

  • Improve Cashflow 

    Take advantage of up to 55 interest-free days from your card to help manage your business’ cash flow. 

  • Secure Transactions 

    We understand the importance of security and the dangers of socially engineered fraud. This is why we go above and beyond to ensure that your data and money are protected, with every payment processed through Yak Pay being protected by four key security checks that exceed standard bank regulations. 

  • Member Benefits 

    Creating a Yak Pay account grants you access to a variety of exclusive member only benefits within our portal. 

  • Localised customer support 

    We have Australian based Sales and Customer Service teams to assist with all enquiries. 

Discover the Rewards Accelerator 

How it works 

When processing your payment, select from up to 8 Rewards Accelerator tiers to customise your points return. These points are earned in addition to the rewards you already receive through your associated card reward program. 

Boost your rewards 

With every payment processed on the Rewards Accelerator, you can earn up to 10 bonus points per $1. This is up to 10 times greater than any other offering in the market, allowing you to accumulate points much faster than ever before. 

Tailor your reward potential 

With the Rewards Accelerator, you can tailor your reward earning potential for each payment, enabling you to customise your transactions to meet your travel goals. 

*Available for new customers only. Terms And Conditions apply. 

To learn more about Yak Pay, visit (yakpay.com). 

Katrina Angelika
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