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As an industry first, Wagepay, a Brisbane based earned-wages access fintech, has switched on PayTo for real-time customer payments. This milestone has been achieved in partnership with Monoova, an award-winning Sydney-based payment service provider.

Speed, convenience and efficiency are among the most important elements of a great customer experience. With PayTo you can achieve, secure, real-time, reliable payments that not only help your business run more smoothly but also brings those CX goals to life.

Is PayTo something you should be looking at for your business? Here's our handy checklist to help you decide whether you're ready for PayTo. If you are currently handling a large number of debits and payment agreements with your customers then yes, it’s likely PayTo could bring efficiencies to your business.

Intersekt 2022 panel discussion on Payments as an Experience featuring Christian Westerlind Wigstrom, CEO, Monoova.

Podcast: Christian Westerlind Wigstrom, CEO, Monoova shares his insight on the recent launch of Monoova's Payto Sandbox and thoughts on the current state of play in the local Fintech market with Fintech Chatter News.

What is PayTo? PayTo transactions are the next big thing in the Australian payments landscape. It will enable a new way to pre-authorise payments from consumer or business bank accounts.

The Mandated Payments Service is third-party payment initiation on the NPP. Customers can authorise third parties to initiate real-time payments from their bank accounts via the NPP.MPS is to be combined with consistent customer authorisation and third party payment initiation via the NPP.