Multi-currency Business Accounts
Open online Business accounts in domestic or foreign currencies
No bank visits required. A gateway to paying and receiving payments worldwide without fuss.
Selling online? Now you can payout from your partners*
What is a Business account?
A Business account is an online transaction account that enables your business to collect, hold, and send funds in local or foreign currencies. With Paytron, you can easily open a Business account in any of our 37 currencies at any time and from anywhere.**
Transact as a local in AU, UK, USA,
and EU
When opening a Business account in AUD, GBP, USD or EUR, you get access to localised account details. Enabling you to send payments to suppliers domestically and receive customer payments from e-commerce platforms straight into your account.
See the full list of supported countries
Save on FX costs
Don’t put up with expensive fees, start saving up to 90% on large volume FX transactions with Paytron. We also believe that knowing where every dollar goes matters. That's why as you convert currency within Paytron, we display all our rates clearly for you to review and compare against the market.
More visibility for easier cashflow management
All your Business accounts are displayed in one place, making it easy to keep track of your overall cashflow across multiple countries.
*Available for global accounts in AUD, GBP, USD or EUR currencies only.
**MYR, IDR, PHP and INR are payout accounts only.
Built on security for peace of mind
Everyday, customers trust us with all forms of payments that contain important data. Here’s how we ensure it’s safeguarded so you can have peace of mind:
Secure
We treat client money separate to our own by holding it in trust with an ADI as per the requirements of 981B of the Corporations Act 2001.
Encrypted
All data uploaded to Paytron is AES-256 encrypted for utmost security.
Risk management
Our operations are subject to stringent risk management policies and procedures following ISO 31000 standards.
Fraud prevention
Anti-fraud mechanisms built into OCR capture to detect tampering.
Compliant
We are an AUSTRAC reporting entity and meet the stringent regulatory obligations of the AML/CTF Act 2006. We are regulated by ASIC and hold an Australian Financial Services License (AFSL No. 527320).
Authenticated
Two-factor authentication on login via SMS or third-party authenticator app keeps your data protected.
Data protection
We follow data protection laws under Australian Privacy Principles and GDPR where required.
KYC and ID documents
KYC and ID documents use bank grade secure ID verification. Paytron does not store these details on our servers and rely on ID verification systems that banks now use in their onboarding.
Features that make us unique
*MYR, IDR, PHP and INR are payout accounts only.
Experience the Paytron advantage
Features
Automated invoice captureApproval workflowsBatch paymentsInternational transfersPayroll paymentsPay by cardMulti-currency business accountsIntegrations
XeroEmployment HeroNetSuite
soon
MYOB Advanced
All integrationssoon
API
Product documentationAPI documentation
© Paytron 2023. All rights reserved.
PTRN Pty Ltd, trading as Paytron, is regulated in Australia by ASIC under an Australian Financial Services License (AFSL No. 527320). Any information provided on this website is for general information purposes only and does not take into account your objectives, financial situation or needs. You should consider the appropriateness of the information in light of your own objectives, financial situation or needs.