GrowOnline Pty. Ltd. | growonline.com.au

4.1 Open a Dedicated Business Bank Account

Never mix personal and business finances. A separate business bank account is essential for accurate bookkeeping, tax compliance, and appearing professional to suppliers.

Recommended Australian banks for small business ecommerce:

  • Commonwealth Bank (CommBiz) — widely used, good API integrations

  • ANZ Business — competitive fees for ecommerce

  • NAB Business — strong accounting software integrations

  • Up Business or Zeller — modern online-only accounts with lower fees

4.2 Set Up Accounting Software

4.3 Set Up Payment Processing

Your customers need seamless, trusted ways to pay. For Australian ecommerce the following options are essential:

  • Stripe — most popular, low fees (1.7% + 30c per transaction for Australian cards)

  • PayPal — customers trust it; important for higher-priced items

  • Afterpay / Zip Pay — buy-now-pay-later; increases average order value significantly

  • Apple Pay & Google Pay — mobile checkout; dramatically reduces cart abandonment