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CloudMindAcc's avatar
CloudMindAcc
Ultimate Cover User
5 years ago

Online Invoice Payments for new businesses

Hi MYOB,   I  have a new client under a new ABN they have only been trading for a week.   Can they apply for Online Invoice Payments being a new business?    Are they likely to be accepted to use O...
Online Invoice Payments
  • Steven_M's avatar
    Steven_M
    5 years ago

    Hi CloudMindAcc 

     

    When an Online Payments application is received various checks are made on the business before we can approve that application. I would expect that a very new business would not have enough of a history to have those checks approved, however, there is no harm in completing that application now to see if it will be approved. If it does fail to get approved the user can always try again in the future.

Steven_M's avatar
Steven_M
Former Staff
5 years ago

Hi CloudMindAcc 

 

When an Online Payments application is received various checks are made on the business before we can approve that application. I would expect that a very new business would not have enough of a history to have those checks approved, however, there is no harm in completing that application now to see if it will be approved. If it does fail to get approved the user can always try again in the future.

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