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Shift Trade

How to activate your new trade account

Your supplier is now using payments platform, Shift Trade, to offer you access to a trade account with flexible terms.

Step
Register to open an account
Step
Activate your account
Step
Use your new Trade Account
As a director

Register online via your supplier's online registration link. You’ll need:

  • An ABN
  • An Australian mobile number
  • One form of ID (Australian driver's licence or passport)
On behalf of the director
(As an operator/non-director of the business)

To assist your director with getting started, follow the steps below:

  • Enter your details via the supplier’s online registration link
  • Shift will call you to complete the next steps tailored to your business needs (online registration or manual documentation)
  • Once you have assisted each director with their registration, please complete and send the third-party authorisation form to trade@shift.com.au.
As a director

Log in to Shift Trade to:

  • Connect a business bank account
  • Accept a facility agreement
  • Set up direct debit
On behalf of the director
(As an operator/non-director of the business)

Director must log in to Shift Trade to:  

  • Connect a business bank account   
  • Accept a facility agreement   
  • Set up direct debit

Once the trade account is activated and we have received the third party authorisation form, the business operator/non-director now has access to act on the director's behalf. This means they can manage customer accounts, process invoices and more.

Once your account is activated, you are ready to trade with your supplier on terms.

Next time you place an order with your supplier, they will bill your Trade Account, you approve the invoice and Shift will pay them the next business day. Your bank account will then be direct debited at a later date according to the terms offered by your supplier.

Example (for an account on 14 day terms):

  • Your supplier offers you a 14 day trade account.
  • You order $5,000 of stock from your supplier today.
  • Your supplier bills your Trade Account and you approve the invoice in the platform. Your supplier receives payment from Shift and organises delivery of your stock.
  • Your bank account is direct debited for $5,000 in 14 days.
Additional benefits

Your Trade Account offers a number of added benefits:

  • Extend the terms offered by your supplier by choosing your own terms to improve cash flow. A transaction fee applies when extending terms.
  • Manage payments to your other suppliers using your Trade Account. Your supplier does not need to have an account or a relationship with Shift Trade.
  • Get better terms with any supplier with an ABN (including the ATO).
  • No establishment or account keeping fees.

Frequently asked questions

What if there’s more than one director in the business?

Each director of the business must complete digital registration to set up the trade account. As the business operator, you can invite all directors to complete registration once you’ve completed and sent the third-party authorisation form. If you’re a director of the business, you can invite other directors upon completion of registration.

Why do I need to connect my business bank account to set up my trade account?

Connecting your business bank account allows Shift to set up direct debit for payment and assess the facility limit for your trade account.

How do I contact Shift?

Our Account Managers can help you with any questions – head here for their contact details.

Level 21, 177 Pacific Hwy
North Sydney, NSW 2060

Privacy Policy. Terms and conditions. Please consider all information provided to you carefully and seek independent legal/financial advice. Standard credit assessment, fees, terms and conditions apply. Our products are issued by Shift Financial Pty Ltd (ABN 24 149 390 625) or its subsidiary Shift Finance Australia Pty Ltd (ABN 54 601 158 507) (together "Shift").