RewardPay: Businesses can now pay the IRD using their AMEX card
In the fast-paced world of finance, RewardPay.co.nz stands out as a transformative solution for small businesses, enabling them to make credit card payments to business suppliers that typically do not accept credit cards, and earn valuable credit card reward points for doing so. This innovative service is particularly beneficial for small enterprises, which often struggle with cash flow management and payment flexibility.
Bridging the Payment Gap
American Express cardholders can now use their cards for tax payments to the
Inland Revenue Department (IRD) in New Zealand—a capability that was
previously unavailable prior to RewardPay.co.nz.
As the only service facilitating American Express tax payments to the
IRD, RewardPay.co.nz has quickly garnered attention with New Zealand
businesses. For a fee of 1.67%, which effectively translates to 1.20%
after considering New Zealand's corporate tax deduction of 28%, this
platform offers a unique financial advantage.
“The ability to earn reward points on their mandatory IRD transactions
is a game changer for many cardholders, who can accumulate significant
points while managing their tax obligations” said Mark Dawes, CEO of
RewardPay. “In addition RewardPay customers can unlock up to 55 days of
interest free funding on their AMEX card". Said Dawes.
Seamless and Efficient Transactions
The process of setting up and executing IRD payments through RewardPay is straightforward and efficient. The platform includes a comprehensive list of tax codes, making it easy for users to navigate their payment options. With real-time transaction tracking and detailed reporting features, businesses can keep a close eye on their finances, making tax season significantly less stressful.
A Trusted Partnership with AMEX
Since 2016, RewardPay has partnered with American Express, solidifying its
position in the market. This collaboration has enabled RewardPay to enhance
its offerings continually, ensuring that cardholders receive the best possible
experience when managing their payments.
RewardPay is redefining how small businesses manage their payments, especially
for those small to medium businesses that rely on credit cards but face
restrictions with their suppliers. By facilitating credit card payments for
tax obligations and providing an easy-to-use online platform, RewardPay not
only enhances cash flow management but also empowers businesses to maximize
their credit card rewards. As more businesses discover the benefits of this
innovative payment solution, RewardPay is poised to become an essential tool
in the financial toolkit of small enterprises.
Start using RewardPay before your next IRD payment
It costs nothing to sign up for RewardPay. Fees only apply when you set up a payment through our portal. Watch a video and see our pricing.