Stripe PayTo Option for Australia

https://docs.stripe.com/payments/payto
Benefits of PayTo

1. Lower Costs: Typically lower transaction fees than card payments.

2. Faster Settlement: Near-instant confirmation and fund transfers.

3. Reduced Fraud Risk: Secure authorization via customer’s banking app - no card details exchanged.

4. No Chargebacks: Unlike credit cards, there are no traditional chargebacks, reducing risk for merchants.

5. Great for Recurring Payments: Ideal for subscriptions, utilities, telcos - similar to direct debit, but faster and more transparent.