# QwikPay - Australia's Fee-Free QR Payment Platform

> QwikPay is Australia's fee-free payment platform built on PayID and PayTo (Australia's New Payments Platform / NPP). Operated by Finwise Au PTY LTD | ABN 62 676 508 464 | AUSTRAC Registered.

## Overview

QwikPay lets Australian merchants accept payments with zero transaction fees. Customers pay by scanning a QR code from the QwikPay app, drawing from their wallet funded via PayID or PayTo — no card network involved. No interchange fee, no scheme fee, no merchant service fee.

## Card Surcharge Changes (October 2026)

- From 1 October 2026, eftpos, Mastercard and Visa are introducing no-surcharge rules in Australia
- Merchant card fees (interchange + scheme fees) are not affected — they stay and come out of the merchant's margin
- American Express has independently decided to remove surcharging from the same date. BNPL (Afterpay, Zip) is not affected by these changes
- QwikPay bypasses card networks entirely, so there is no fee to absorb
- Typical card fees: eftpos 0.4-0.6%, Visa/Mastercard debit 0.8-1.0%, credit 1.1-1.8%, Amex up to 2.5%, BNPL 3-6%

## For Merchants

- Display a QwikPay QR code alongside your existing payment terminal — no hardware replacement required
- Customers scan and pay instantly — funds settle in real time, 24/7
- Keep 100% of every sale — no transaction fees at any volume
- No chargeback risk — NPP transfers are final and irreversible
- Built-in customer loyalty: customers earn Qwik Points on every purchase
- Free for the first 6 months; sign up before 30 August 2026 and get 12 months free
- After the free period: flat monthly subscription from $19.99/month (volume-tiered, no transaction fees)
- No lock-in contracts — cancel anytime

## For Users / Consumers

- Pay by scanning a QwikPay QR code with your banking app
- No surcharges, ever
- Earn Qwik Points on every purchase — redeemable for rewards
- Qwik Points never expire as long as you make at least one transaction every 12 months
- Download the QwikPay app from the App Store or Google Play

## How It Works

1. Customer funds their QwikPay wallet via PayID (one-time push) or PayTo (automated top-up agreement)
2. At the counter, customer opens the QwikPay app and scans the merchant's QR code
3. Merchant name and amount are pre-filled — customer confirms payment with one tap
4. Funds settle instantly into the merchant's QwikPay wallet
5. Merchant receives 100% of the transaction value

## Technology

- Built on Australia's New Payments Platform (NPP) — launched 2018, 100+ financial institutions
- PayTo: merchant-initiated real-time payment — customer approves agreement in their banking app
- PayID: customer-initiated push payment using phone number, email, or ABN
- QR code per transaction pre-fills merchant PayID details to eliminate entry errors
- AUSTRAC registered and compliant
- Finwise Au PTY LTD | ABN 62 676 508 464

## Pricing (post free period)

Monthly flat fee — zero transaction fees at all tiers:
- Up to $120K/year annual revenue: $19.99/month
- Up to $600K/year: $39.99/month
- Up to $2M/year: $79.99/month
- Over $2M/year: Custom pricing
- No setup fee. No per-transaction fee. No lock-in contract.

## Key Pages

- Home: https://qwikpay.com.au
- For Users: https://qwikpay.com.au/users
- For Merchants: https://qwikpay.com.au/merchants
- Become a Merchant: https://qwikpay.com.au/merchants/apply
- Merchant Login (dashboard): https://api.qwikpay.com.au
- Rewards Program: https://qwikpay.com.au/rewards
- Download App: https://qwikpay.com.au/download
- About Us: https://qwikpay.com.au/about-us
- Contact: https://qwikpay.com.au/contact-us
- Nominate a Business: https://qwikpay.com.au/nominate-a-business
- Card Surcharge Changes Guide: https://qwikpay.com.au/rba-surcharge-ban
- Merchant Fees Comparison: https://qwikpay.com.au/merchant-fees
- Resources Hub: https://qwikpay.com.au/resources
- Help Center: https://qwikpay.com.au/docs

## Resources & Articles

- What is PayTo? How it works for Australian merchants and businesses: https://qwikpay.com.au/resources/what-is-payto
- Bank-to-bank payments in Australia — how they work and why they're faster: https://qwikpay.com.au/resources/bank-to-bank-payments-australia
- How to Get a Merchant Account in Australia, and a Cheaper Alternative: https://qwikpay.com.au/resources/merchant-account-australia
- How to Accept Payments with Zero Merchant Fees in Australia: https://qwikpay.com.au/resources/zero-merchant-fees-payid-payto-qr-payments-australia
- Surcharges Are Being Banned. Your Fees Aren't: https://qwikpay.com.au/resources/surcharges-banned-fees-arent
- What the RBA Surcharge Ban Actually Means for Your Business: https://qwikpay.com.au/resources/rba-surcharge-ban-what-merchants-need-to-know

## Contact & Support

- Website: https://qwikpay.com.au
- Email: support@qwikpay.com.au
- Support portal: https://support.qwikpay.com.au
- Merchant login: https://api.qwikpay.com.au

## Social Media

- LinkedIn: https://www.linkedin.com/company/qwik-pay
- Twitter/X: https://x.com/qwikpayau
- Facebook: https://www.facebook.com/qwikpayau
- Instagram: https://www.instagram.com/qwikpayau/

## Legal & Compliance

- Privacy Policy: https://qwikpay.com.au/privacy-policy
- Terms & Conditions: https://qwikpay.com.au/terms-and-conditions
- User Service Agreement: https://qwikpay.com.au/user-service-agreement
- PayTo Service Agreement: https://qwikpay.com.au/payto-service-agreement

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Last updated: May 2026