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Trade Account

Pay invoices on your terms

A Shift Trade Account makes it easy to manage the timing of supplier payments. You tell Shift when to pay your supplier and you repay Shift on terms that work for you.
Get started

Features and benefits

Cost effective

No establishment or account keeping fees. Zero transaction fee when you choose 14 day terms (on eligible transactions).

Timing that works

Pay your suppliers on time, every time. Repay Shift at a time that works for your business. Align invoice repayments with incoming cash flow.

Flexibility you control

Fully flexible repayment options. Repay Shift in one instalment or split repayment into weekly instalments – up to 20 weeks.

Purchasing power

Take advantage of supplier deals to buy more when prices are low. Stock up before busy periods and pay on terms that suit you.

Product overview

Your Trade Account allows you to add trade terms to almost any supplier invoice. Your supplier is paid on time and you choose a repayment option that suits your needs.

  • Repayments

    Choose a date to repay in full.
    Or choose to repay in weekly instalments.

  • Account limit

    Up to $500,000.

  • Fees

    No establishment fee.
    No account keeping fee.
    Transaction fee based on invoice amount and repayment term chosen.
    Zero transaction fee for 14 day terms (eligible transactions).

Operationally simple

Ordering

Order from any supplier using your normal process.

Processing

Upload details of the transaction to the Shift Trade platform.

Payment

Tell Shift when to pay your supplier. Schedule your invoices.

Flexible repayment terms

Choose when you want to repay each invoice.

How businesses use their Trade Account

  • Pay in full – 14 days

    Adding two weeks to the terms offered by suppliers can be great for cash flow. Since there is no transaction fee for this option, businesses are able to use it extensively. In many cases, it means businesses can generate revenue from the stock before they even need to pay for it.

  • Pay in full – 30 days

    When payment for a large invoice is going to mean things are a bit stretched, it can help to push payment out by a few weeks.

  • Pay in instalments – 12 weeks

    Many businesses prefer to pay their BAS in smaller, weekly instalments rather than in a lump sum each quarter.

  • Pay in instalments – 20 weeks

    When it comes to paying for a small equipment purchase, it can help to have the option to spread payment over an extended period of time.

Getting started

Register for a Trade Account
Add your suppliers
Pay your suppliers

Open a Trade Account

Open a Shift Trade account using easy online registration.
Active ABN
Australian mobile number
Australian driver's licence or passport
Business banking details.
All directors to register.
Open an account

Questions?

Our friendly team is here to help.

1300 249 649

Step 1 - Register for a Trade Account

The registration process is simple and can be completed online.

For account setup, you'll need:

  • Australian Business Number (ABN).
  • Australian mobile number.
  • One form of ID (Australian driver's license or passport).
  • Australian bank account details.
  • All directors to register.
Get started

Step 2 - Add your suppliers

Adding a supplier in the Shift Trade platform is easy.

  • Search for your supplier using their ABN or business name.
  • Select the correct business from the results returned from the ASIC database.
  • Enter the supplier’s BSB and account number (where payment should be directed).

Step 3 - Pay your suppliers

Uploading invoices, paying your suppliers and choosing your repayment terms is simple.

  • Choose a supplier to pay.
  • Enter the invoice details and upload a copy of the invoice.
  • Choose the date you want your supplier to be paid.
  • Choose repayment terms that suit your business.
Your suppliers are paid on time and you repay on flexible terms that work for your business.
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