Below describes methods of payments and which ones Pearler uses or doesn't use
Pearler offers a direct debit solution, because:
Unlike Direct Deposit & BPay, direct debits can be triggered automatically by our systems (a critical feature for automatic investing, or one-click investing)
Unlike Direct Deposit, direct debits can't be paid without reference numbers - therefore there are fewer costs we have to pass onto customers due to the need for back-office reconciliation.
Pearler does not currently offer direct deposit capabilities.
Pearler does not have plans to offer BPay facilities. We're investing our time and resources instead toward PayID solutions.
Pearler does not currently provide any Osko or PayID capabilities, though PayID options are being explored for release in 2021.