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This winter, there’s a fresh tailwind for Australian business travellers, courtesy of a game-changing shake-up in the corporate rewards world. In a move bound to make bean counters beam and frequent flyers giddy with delight, pay.com.au has unveiled a dramatic points uplift for members of Virgin Australia Business Flyer.

As of 1 July 2025, PayRewards points now convert to Velocity Points at a market-leading rate of 2:1, up from the previous 2.5:1. That’s a solid 25% value boost—a rare find in a world where most loyalty programs seem to be in reverse.

Grant Austin, the ever-candid CEO of pay.com.au, didn’t mince words:

“We’re fundamentally changing how businesses think about their expenses,” he declared. “Why should paying the ATO or your staff not come with a first-class side of Velocity Points?”

And he may be onto something. Under the old rate, a one-way business class seat from Sydney to Doha would cost a business 312,500 PayRewards Points. Now? A far leaner 250,000 PayRewards Points (125,000 Velocity Points), plus $444.51 in fees and taxes. For those who live and breathe travel budgeting, that’s not just a saving—it’s an invitation to fly smarter.

The implications are broad and bold. Business owners using pay.com.au’s platform can extract far more than the usual transactional tedium from their expenses. Whether they’re settling payroll, managing supplier bills, or even handling BAS payments, every dollar spent can now edge them closer to their next business trip—or indeed a personal getaway if the boss permits.

It’s a deliberate and strategic play. Pay.com.au is positioning itself as more than just a payment processor; it’s becoming a travel enabler for Australian businesses with global ambition.

Shanika Ekanayake, General Manager of Virgin Australia Business Flyer, is equally upbeat about the new partnership’s potential:

“This collaboration empowers our members to reach their goals faster—whether that’s business growth or that long-overdue beach holiday. It’s about flexibility, value, and a little extra joy from everyday expenses.”

That “little extra joy” includes the ability to redeem Velocity Points not just on flights, but also across more than 400,000 hotels worldwide. Add options like Points + Pay, and businesses can craft travel plans without fretting over budgets or blackout dates.

And it’s not all about globetrotting. Businesses can convert Velocity Points into gift cards—ideal for staff recognition or client thank-yous with a touch more flair than a limp handshake and a lukewarm muffin.

While many loyalty programs have tightened the reins in recent years, this move feels like a nod to the golden age of travel perks, when points meant real privilege. Pay.com.au, in league with Virgin Australia Business Flyer, seems to be reviving that spirit with a modern, digital edge.

This latest enhancement reaffirms a truth many business owners already know: in today’s competitive landscape, value isn’t just in what you buy—it’s in how you pay for it.

So if you’re a business owner wondering how to get more mileage out of your spend, now might be the time to swap that worn-out debit card for pay.com.au’s more innovative solution. After all, wouldn’t you rather your BAS statement get you closer to Bali?

For more information or to enrol in Virgin Australia Business Flyer, visit: https://www.virginaustralia.com/businessflyer.
And to explore PayRewards: https://www.pay.com.au.