ATO (tax office) payments by credit card

[xageer]

Beam only accepts VISA and Mastercards. you connect your card to Beem, and then using Beem, select BPAY and enter their BPAY payment details on. your credit card will see this as a payment to Beem rather than a payment to the ATO, to recieve full points rather than reduced/no points for government spend. as it is BPAY there is no surcharge for this.

limits are $2k per transaction. and their terms do state a daily limit, YMMV

 

[Danger UXB]

Beam only accepts VISA and Mastercards. you connect your card to Beem, and then using Beem, select BPAY and enter their BPAY payment details on. your credit card will see this as a payment to Beem rather than a payment to the ATO, to recieve full points rather than reduced/no points for government spend. as it is BPAY there is no surcharge for this.

limits are $2k per transaction. and their terms do state a daily limit, YMMV

Anyone had issue with beem enforcing to 10k rolling monthly limit?

 

[Scr77]

Anyone had issue with beem enforcing to 10k rolling monthly limit?

Negative

 

[prozac]

O/T, I have a $50,000 payment to make (not ATO) and supplier charges 2% to cover their costs. Will not accept Amex unfortunately, only accept Mastercard or Visa.
Is it worth it for the points or are their better ways to waste $1,000?

 

[daft009]

O/T, I have a $50,000 payment to make (not ATO) and supplier charges 2% to cover their costs. Will not accept Amex unfortunately, only accept Mastercard or Visa.
Is it worth it for the points or are their better ways to waste $1,000?

2% for visa/mc?
sign upto yakpay and EFT it to them using your visa/mc, YP charge 1.2%+GST

 

[prozac]

2% for visa/mc?
sign upto yakpay and EFT it to them using your visa/mc, YP charge 1.2%+GST

Or use Amex for 2.1% fee. Also allocate points to Qantas or Virgin.

@daft009 , have you used YP yourself?

 

[daft009]

@daft009 , have you used YP yourself?

pretty much everyday

 

[kkl]

Careful on BEEM. They have asked me to provide additional documentation in regards to my account due to regular payments

 

[Scr77]

Careful on BEEM. They have asked me to provide additional documentation in regards to my account due to regular payments

What sort of documentation and was it all good after that?

 

[kkl]

Hi there,

We are contacting you as we need to verify some details associated with your account.

We want to make sure we're doing the best we can for you, and also that the use is in line with our obligations and terms and conditions.

Please confirm if this account is being used for personal expenses, or is it related to a business?
If it is a business, can you please provide the ABN, and a link to your online presence (e.g. a website or social media profile).

We also ask that you please send through a photo of the card/s linked to your account, showing just the last 4 digits and the cardholders name (please cover the first 12 digits).

Post automatically merged: Mar 9, 2023

What sort of documentation and was it all good after that?

Still waiting on their response. Been 3 days now

 

[Scr77]

Post automatically merged: Mar 9, 2023

Still waiting on their response. Been 3 days now

Request doesn’t seem too onerous, but please keep us posted on the result.

 

[Flashback]

Sounds like normal KYC checks to me.

 

[kkl]

Request doesn’t seem too onerous, but please keep us posted on the result.

Sounds like normal KYC checks to me.

Nope.

Account has been blocked. Was using BEEM to pay off some business BPAY bills and ATO etc.

Reasons below:

Currently, we are only licensed to offer our services to individuals, we are not able to offer them to any registered business entities, such as a Trust.

As such, we are unable to continue the business relationship at this time.

Caution if you are using Beem for BPay bills/ato etc.

 

[Scr77]

Nope.

Account has been blocked. Was using BEEM to pay off some business BPAY bills and ATO etc.

Reasons below:



Caution if you are using Beem for BPay bills/ato etc.

Thanks for the update. I would think most of us are using Beem for the same purpose. At least someone may be able to argue a personal defence now that you’ve shared your experience.

 

[Kangol]

Nope.

Account has been blocked. Was using BEEM to pay off some business BPAY bills and ATO etc.

Reasons below:

Caution if you are using Beem for BPay bills/ato etc.

Woah. I wonder if they deem personal ATO bills as being OK.

How much were you putting through per month?

 

[prozac]

Signed up to YakPay using a referral from @daft009 . The sweet spot imo is the Mastercard at 0.8% fee. The site is easy to use and you can schedule future payments. I paid $50k to a supplier today that had to charge 2% for card fee, but only 0.8% using YakPay. Brilliant. PLUS you get bonus QANTAS or Virgin points at the rate of 1 for every $10 spent. So in my case today and bonus 5,000 QFF points.
This is the link to the referral thread - YakPay Referral Program

Plus your account integrate with MYOB or XEROX reports

 

[Danger UXB]

Nope.

Account has been blocked. Was using BEEM to pay off some business BPAY bills and ATO etc.

Reasons below:



Caution if you are using Beem for BPay bills/ato etc.

Please excuse me asking but was the card linked and being used a business or personal credit card??
Cheers
Danger UXB

 

[kkl]

Woah. I wonder if they deem personal ATO bills as being OK.

How much were you putting through per month?

Averaging $10k a week

Please excuse me asking but was the card linked and being used a business or personal credit card??
Cheers
Danger UXB

Personal STG. I offered to switch to business card but no dice. (Don't think it mattered)

Their reason was as my ABN was linked to a trust atf company.

There was no recourse nor discussion. Just instant shut down and a link to AFCA if I wasnt satisfied

 

[Scr77]

Averaging $10k a week

Well I’m putting through a bit more than that, so I’ll report back when my time comes.

 

[prozac]

I have made a couple of ATO and supplier payments using YakPay and very happy with the way it works for 0.8% on Mastercard. The additional Qantas points (or Virgin) are nice to receive as well. FF points are earned at the rate 1 point for every $10 spend. This is in addition to the points earned on your credit card.