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QuickFee, which provides payments to professional and business service providers, announced a new integration on Monday (August 16) with cloud-based accounting software company Xero.
Both companies say the move will make it easier for accountants to accept online payments – including credit cards, ACH / EFT, and payment plans – all from one place, helping to troubleshoot issues. work flow of the accounting sector.
Customers will be able to click a link on their invoice and pay from their phone, browser or tablet, removing the work of data entry on both sides of the equation.
“Time and time again, accounting firms and their partners tell us about two common challenges: the need to get paid on time while remaining empathetic to a client’s cash flow circumstances, and the need to reduce manual entry tasks. data for busy staff members, “Bruce Coombes, managing director of QuickFee Australia, said in an emailed press release.
“With the integration of Xero, QuickFee solves both of these challenges and delivers a true end-to-end payment experience, just as we have done in recent months for other customers in Australia such as GreatSoft.”
Earlier this year, Xero announced an integration with the iwocaPay bill payment product that gives small businesses the option to pay later.
Read more: iwoca integrates with Xero for the Pay Later option for SMEs
Businesses say other benefits of QuickFee integration include real-time receipt of customer payments and the ability to process credit cards without the business incurring the cost of a merchant account. Additionally, QuickFee will handle full payment card industry compliance, while the integration allows the field to be completed directly from the Xero invoice.
“The QuickFee app is also easy to set up,†the release said. “Existing users can activate the new payment service from their QuickFee connection and choose to start accepting a full range of payment methods, including payment plans. This gives customers the flexibility to pay as and when they want, 24/7. “
In addition to integrations with iwoca and QuickFee, the New Zealand-based company launched its own app store earlier this month.
Read more: Accounting software company Xero launches App Store
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NEW PYMNTS DATA: 58% OF MULTINATIONAL COMPANIES USE CRYPTO-CURRENCY
About: Despite price volatility and regulatory uncertainty, a new study from PYMNTS shows that 58% of multinational companies are already using at least one form of cryptocurrency, especially when transferring funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, probing 500 executives about the potential and pitfalls that crypto faces as it becomes part of the mainstream financials.
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