How much does it cost? | EstImage Pay Help Center

It’s free to onboard and access EstImage Pay

The simple fees are:

Initial service fee: $40 or 1.75% of the invoice amount
Dishonour fee: $10 per dishonoured direct debit transaction

You only pay for the time it takes for the insurer to pay your invoice. The service fee charged on each invoice covers you for up to 90 days and is calculated as the greater of $40 or 1.75% of the invoice amount.

If your invoice remains unpaid 90 days after being issued, FlipPay will auto-debit your account for the full invoice amount and close that individual agreement. FlipPay will forward to you any payment received by the insurer after this date.

You can repay the agreement at any time, or contact FlipPay directly to arrange alternative repayment terms on any specific agreement.

Example

Bob runs Awesome Smash Repairs Pty Ltd, and wants to utilise EstImage Pay to better manage his cashflow.

Invoice paid within 90 days

Bob does a job for Great Insurer Pty Ltd and requests EstImage Pay on his $5,000 invoice. The invoice is paid 3 weeks later.

Invoice amount: $5,000
Service fee payable: 1.75% of $5,000 = $87.50
- Bob receives $4,912.50
Insurer pays $5,000 in 3 weeks, completing Bob’s agreement

Bob does another job for Great Insurer Pty Ltd and requests EstImage Pay on his $900 invoice. The invoice is also paid 3 weeks later.

Invoice amount: $900
Service fee payable: $40 minimum fee applied
- Bob receives $860
Insurer pays $900 in 3 weeks, completing Bob’s agreement

Invoice not paid

Bob does another job for Great Insurer Pty Ltd, for $5,000 and finances this invoice via EstImage Pay too. This invoice is paid 4 months later.

Invoice amount: $5,000
Service fee payable: 1.75% of $5,000 = $87.50
- Bob receives $4,912.50
90 days later, invoice remains unpaid and FlipPay auto-debits Bob’s account
- Bob pays $5,000
Insurer pays $5,000 in 4 months, which FlipPay transfers directly to Bob