Procuret

• The best way to think about Procuret is like choosing to pay your upfront insurance in monthly instalments over time rather than upfront. There is a margin added to the upfront amount and this is paid over the term of the Procuret Plan.
• Terms available for invoice are: 4, 6 and 12 months for licences, hardware and services
• So long as you pay your monthly instalments on time and to schedule, there are no additional fee

• Cash management is an important consideration for any business
• Procuret is designed to smooth out larger invoices into small manageable payments
• Procuret's payment option is fast, convenient and simple and with no fuss or paperwork

• To pay in instalments, all you need to do is click the 'Pay by Instalment' option link at the bottom of our Invoice or Proposal and follow the prompts
• Procuret uses a digital and data-based approach that relies on your ABN, bureau-based credit history and other parameters to assess qualification
• Qualification terms and criteria apply

No, Procuret is just another payment method. The obligations that you have under the terms of engagement with us continue to apply. Service and software requirements that we have under the license with your business continue to apply.

There is a monthly premium ('margin) included in the payment that is calculated. The best way to think about it is like getting insurance paid monthly rather than upfront, there is a monthly premium on the upfront amount. So long as you pay your instalment on time, the monthly amount presented by Procuret is what you pay.

If there is a chance that you will miss a payment, please let Procuret know beforehand. If a payment dishonoured once Procuret has attempted to direct debit your account, then a dishonour fee of $10 applies; this covers the cost of re-running the payment and processing charges incurred. The payment will be attempted again the next day. If the payment continues to remain unpaid, there is a 0.09% per day late charge calculated against the balance of your Procuret Plan for each day the payment remains outstanding. It is always best if you can pay on time! Procuret is an Australian based payment service focusing on business. Procuret can offer monthly instalments for invoices. Procuret does all the processing.

Yes, you can prepay at any time. There is a small charge for prepayment depending on when in the contract term you request to prepay. Please contact us on info@procuret.com if you wish to prepay.

Procuret is a B2B payment platform. Requesting your ABN allows the instalments to be in the name of the business rather than you as an individual. Procuret runs data-based assessment criteria based on your ABN and other criteria.

This is to reduce the risk of fraud for all parties. It prevents scammers pretending to represent your business and as a payments company, Procure also has a regulatory obligation to ensure it can identify the users of the service.

Yes. To make processing manageable for you and us we only accept instalment payments through authorised direct debit either via credit card or your business bank account.