POLI Payments

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POLI Payments

POLI Payments is an Australian-based real-time online payment processing service. POLi enables customers to pay via their internet banking.

The POLI software populates the payment details and tells the merchant as soon as the payment is complete.  POLI charges a flat 1% of the transaction, capped at $3 plus GST.

The comparison table on POLI's website shows this is substantially lower than PayPal.  (As at April 2014)

POLi promotes its service as "a great alternative to credit cards. We provide a seamless and secure payment experience by directing your customer's payment to your account, without any registration needed. We make online payments quick and easy." POLI connects with these banks in Australia:
  • ANZ
  • Bank of Queensland
  • BankWest
  • Bank of Melbourne
  • BankSA
  • Bendigo Bank
  • Commonwealth
  • IMB
  • NAB
  • ING
  • St. George Bank
  • Suncorp
  • Westpac
Customer Locations National (All of Australia)
Business Name Poli Payments
Website Click here to view this website. (New Window)
Country AU
Twitter @POLiPayments
Category

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Poli Payments is strongest in the Travel, Online Gaming and Financial Services sectors where it can be a good option for processing money transfers from personal bank accounts.

As at July 2014, Poli is reporting usability problems in processing payments from business accounts that have more than one signatory where the payment process requires multiple approvals and sign-offs by different people in the business. At this stage, Poli is not recommended for Business To Business payment processing.

Poli Payments is now incorporated into Xero accounting system and can easily be enabled as an option for consumers to pay an invoice generated through Xero.