RewardPay

By RewardPay

3 min read

Pay your IRD bill with a credit card and earn points with RewardPay

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.

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RewardPay

Frequently asked questions

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Signing up is free, takes around 5 minutes, and there are no setup fees or ongoing obligations. Click here to register. You will need your active NZBN, email address, and mobile number. When creating your password, make sure it is unique to RewardPay and stored somewhere safe. Once registered, check your email to verify your email address, then log in and complete a one-time identity verification. Once verified, your account is ready to start making payments and earning rewards.

RewardPay NZ offers three subscription tiers: Free ($0/month), Silver ($85/month) and Gold ($165/month). Amex transaction rates vary by tier, starting from 2.10% on Gold. Bank payments start from 1.99% across all tiers. Processing fees are a deductible business expense. See our full pricing breakdown at rewardpay.co.nz/pricing.

RewardPay supports payments to any New Zealand business with an active NZBN – including suppliers, the IRD, KiwiSaver, rent, contractors, marketing, utilities, equipment, accounting and tax pooling. Payroll payments are also supported via Pay-by-Bank. Some restrictions apply – see the RewardPay Terms and Conditions for details.