We are excited to announce the launch of our innovative Cloudfloat Wallet, a cutting-edge payment solution designed to revolutionise the way our customers manage their business finances. Powered by our newly developed Cloud AUD technology, the Cloudfloat Wallet promises to enhance your payment experience with instantaneous speed, convenience, and unparalleled benefits.

Why the Cloudfloat Wallet?

Our wallet is more than just a payment method - it's a strategic tool that unlocks significant business opportunities for our customers. Here’s how:

• Customer rewards: By reducing our reliance on third-party payment providers, we are able to offer our customers discounted fees and cash rewards, putting more money back into your business.

• Same-day payments: We pay your suppliers in real time, and you repay us in instalments. You no longer have to wait 24-48 hours for processing, as the funds are available and released to your supplier immediately.

• Exclusive benefits:

  • Cashback on transactions: Earn cashback on every processing fee using your Cloudfloat wallet

  • Fee discounts: Save on fees for our pay now and pay later features.

  • Cash rewards: Benefit from our attractive cash rewards.

  • Flexible payments: Apply a 'pay later' option to a 'pay now' transaction retrospectively, freeing up cash when you need it most.

Cashback feature: Rewarding your loyalty

We are thrilled to offer our customers the opportunity to earn cashback on their transactions. The Cloudfloat Wallet is designed to reward customers who make the Cloudfloat Wallet their default payment method. Here are the details:

Cashback rates:

• 5% Cashback: Available on fees (excluding GST) for all users who use their Cloudfloat Wallet exclusively for payments.

• 10% Cashback: Available on fees (excluding GST) for users who use their Cloudfloat Wallet and have a recurring auto top-up enabled.

Cashback rules:

• Eligibility: All Cloudfloat customers are eligible for cashback on their payment transaction fees

• Confirmation: Cashback is released to the wallet only after the loan for the payment request is marked as completed.

• Payment method: Every instalment payment must be made using the Cloudfloat Wallet to earn cashback.

• Auto top-up: Customers without auto top-up enabled receive 5% cashback. Those with recurring auto top-up enabled receive 10% cashback.

• Consistency: Customers will lose their entire cashback balance if any payment is made on Cloudfloat with a card instead of the wallet.

• Notification: Customers will receive updates about earning, receiving or losing their cashback accordingly.

  
  

Seamless integration and easy setup

For current users: Your business will be automatically assigned a new wallet. Simply top up your wallet via card payments or direct transfers and pay your first tax invoice using the wallet today.

For new users: Upon adding your card, your business will be assigned a new wallet. Top up your wallet via card payments or direct transfers and start enjoying the benefits immediately.

How to get started

We've made it easy for you to integrate the Cloudfloat Wallet into your business operations:

1. Top up: Add funds to your wallet using your card or via direct transfer.

2. Pay directly: Use your wallet balance to make payments effortlessly.

3. Auto top-up: Set up automatic monthly top-ups to ensure your wallet is always funded.

Rewards for customers

To celebrate the launch, we are offering customers a welcome bonus upon successful account creation and wallet usage. Complete a series of user actions, such as adding your card, topping up your wallet and setting up auto top-ups, to earn cash rewards.

Stay ahead with Cloudfloat

Ready to experience the future of business payments? Sign up or log in to your Cloudfloat app today and top up your Cloudfloat Wallet!