Searching for an Alternative to Presspay?

Uncover the difference between a Beforepay Pay Advance and Presspay Pay Advance. Compare fees, repayment structures, and loan amounts to find the best option for our needs.

Beforepay Pay Advance

Loans up to $2,000†
Repaid in up to 4 instalments
Fixed 5% fee split over instalments

Presspay

Loans up to $1,000
Repaid on next payday
Fixed 5% fee paid in full

What this means

Beforepay Pay Advance offers a maximum limit of $2,000, that is repaid in up to 4 instalments, depending on when you get paid. Presspay offers a maximum limit of $1,000 per Pay Advance, which needs to be repaid on your next payday.

What’s the difference between Beforepay and Presspay?

The main differences between Beforepay Pay Advance and Presspay Pay Advance lie in the amount and the repayment schedule. Beforepay offers a higher maximum limit, the ability to repay in multiple instalments, and interest on Advances. Presspay has a lower maximum amount, a single repayment due on your next payday, and no interest applied.

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What to look for in a Presspay alternative?

Compare the amounts, fees and loan terms of Beforepay Pay Advance and Presspay Pay Advance side-by-side.

Features
Beforepay Pay Advance
Presspay
Product
Beforepay Pay Advance
Presspay
Maximum loan amount
$50 to $2,000†
Up to $1,000
Maximum loan term
62 days
Up to 62 days
No hard credit check
Fixed setup fee
5%
Fixed 5%
Interest
Max. 24% p.a. for some users ‡
No late fees
No early repayment fees
No failed payment fees
No admin fees
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Why Aussies choose Beforepay

Pay Advance can help with small, unplanned expenses when they come up before your next pay.

Money in minutes

Life moves fast, we move faster. See extra funds in your account in minutes, ready to go. Terms of service apply.

No Credit Checks

We don’t do traditional credit checks. We assess you based on your current financial circumstances, not your past.

Crystal-Clear Costs

Know what you’ll owe before you borrow. All costs and fees are shown upfront before you apply or cash out.

Anytime Access

Some costs can’t wait. That’s why we’re available 24/7 365, ready to lend a hand when you need it.

How to choose the right Presspay alternative?

When searching for the right Presspay alternative, it’s important to look at the entire picture. The available loan amount, repayment structure, total cost, eligibility requirements, and the ease of signup can all make an impact on which short-term finance option you decide to choose. 

Presspay offers Pay Advances of up to $1,000 with a fixed 5% fee. The borrowed amount and the fee generally needs to be repaid on your next payday. Presspay doesn’t charge any interest or other fees on their Pay Advance. This can suit those looking for smaller amounts, or who have the capability to repay the loan quickly. 

Beforepay offers Pay Advances up to $2,000 to help working Aussies handle unexpected or more-than-expected expenses. All costs are shown clear, upfront before borrowing, including a fixed 5% setup fee, and interest for some customers. There are no hidden costs or tricky fees, just straight up transparency.

The best option depends on what you need to pay, how much you need to borrow, how you prefer to repay, and what costs you’re comfortable with. Use this page as a starting point, but make sure to check the latest product terms for both Beforepay and Presspay before applying.

How it works

A fast loan is only 3 steps away.

Create Your Account

Create an account by either signing up online or downloading the Beforepay app on Google Play or the Apple App Store.

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Connect Your Bank

Link your bank to your Beforepay account. We are compatible with most major banking institutions in Australia.

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Choose Your Loan

Instant Advance up to $2,000 or personal loans up to $5,000. Approved in minutes.

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Create Your Account

Create an account by either signing up online or downloading the Beforepay app on Google Play or the Apple App Store.

Step 1 yellow graphic

Connect Your Bank

Link your bank to your Beforepay account. We are compatible with most major banking institutions in Australia.

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Choose Your Loan

Instant Advance up to $2,000 or personal loans up to $5,000. Approved in minutes.

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Chosen by Over 1.7M Aussies

Plan, track, compare, and save with Beforepay’s free finance tools.

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FAQs

Everything you need to know.

What is the difference between Presspay and Beforepay?

Presspay and Beforepay both offer Pay Advance products, but differ in available loan amount, repayment structure, and fees.

Which is cheaper: Presspay or Beforepay?

That depends on your individual circumstances. Both providers charge a fixed 5% setup fee, with Beforepay charging interest on some Pay Advances.

Do Presspay and Beforepay charge interest?

Interest may apply for Beforepay Pay Advances. Presspay does not charge interest. Make sure to check each provider’s product terms to understand the complete cost. 

How much can I borrow with Presspay compared to Beforepay?

Presspay offers Pay Advances up to $1,000 and Beforepay offers up to $2,000†. Terms of service and eligibility requirements apply.

How quickly can I receive funds with Presspay or Beforepay?

Both products are designed to provide fast funds. If eligible, Presspay will deposit funds immediately. With Beforepay, you can see cash in your account in as little as 5 minutes. 

Applications are typically approved in under 60 seconds, though some applications may require additional review.

† Approved loan amounts are subject to Beforepay’s lending criteria and verification requirements.

‡ Comparison rate calculated on a $2,500 loan over a 2-year term.

‡ WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or loan amounts may result in a different comparison rate.