Digital Whole Account Applications
Remove your paper-based processes. In 60-seconds customers can complete an online credit application with a saved payment method. (Direct Debit or Credit Card)
Start with an ABN
Your customer onboarding begins with them entering their ABN and clicking SEARCH.
PencilPay populates their form with information pulled from the ASIC database.
This saves them time and populates the correct information into your credit forms.
To help know who you are doing business with, you have the option to ask for information about the directors of the company. Your customer can easily fill in their name, email and state; as well as provide identification, like a drivers license if required.
They then simply select their trading term, what the trade credit limit amount they require and fill out their company information.
Collect a payment method
The final part of the process your customer will either choose direct debit or put in their credit card details. This information is securely stored and tokenised for your protection.
Once you start doing business you can use the saved payment method to auto charge your customers on the due date or as per your settings.