The biggest considerations for running a successful business are cash flow and cost tracking. Because if you don’t know your costs, you can quite easily lose money and under-quote the job.
And cash flow is important because in this line of work, it might take maybe a month and a half, two months before we actually get any cash in for whatever job we’re doing.
And RewardPay unlocks 55 days on my Amex — basically, a free line of credit. I basically pay everything through RewardPay at this point.
And because RewardPay allows all those payments to be made on the Amex card, I’ve definitely accumulated a few points.
I would definitely recommend RewardPay, especially for the cash flow benefits. I’ve actually recommended it to many people, and I think they use RewardPay as much as I do.
Nelly
HospitalitySigning 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.