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Invoicing. It’s one of the first activities a new business must come to terms with as they begin booking clients and seeking payment for their products and services.
Traditionally, raising, sending, chasing payment and reconciling invoices adds up to a significant administrative burden, one which MYOB’s Online Invoice Payments addresses through automation and a secure payment gateway.
And now, with the addition of Apple Pay, Online Invoice Payments is more powerful than ever.
Invoice payments are going mobile
Your customers are already using their smartphones to complete invoice payments. In fact, according to MYOB usage data, almost half (43 percent) of users who click ‘Pay Now’ on an online invoice do so from their mobile.
Industry data also shows nearly half of all Aussie consumers have used Apple Pay to pay for goods and services in the past 12 months, making it the clear preference for payments.
Get paid up to 3 times faster
By adding Apple Pay to the list of payment options in MYOB’s Online Invoice Payments, there’s even less reason for your customers to hold off on making a payment. And with these payments optimised for mobile devices and single-click payment available from your customer’s digital wallet, the process becomes practically frictionless for the payer.
That means Online Invoice Payments not only makes it faster and easier for you to raise, send and track invoices, your clients and customers can now pay you at the tap of a button.
No setup required; get started today
For MYOB users who have already set up Online Invoice Payments, there’s no additional work required to enable this feature. Apple Pay is automatically added to your online invoices for those customers using a compatible iOS device.
Plus, using this option costs no more than if your customers used a credit card, debit card or BPAY — all payment options attract the same, competitive rate of 1.8 percent plus 25 cents per transaction.
If you have an existing subscription for MYOB Business or MYOB Essentials (New), but aren’t already using Online Invoice Payments, registering is easy (please note: experience may vary between products).
Not on MYOB yet? No worries
Whether you’re new to business or looking to streamline your business management systems, MYOB Business helps you look professional from the start by adding a secure payments gateway to online invoices.
You’ll find it easier to automatically reconcile invoice payments with your bank feed — meaning time saved on boring admin. Plus, MYOB’s invoice payment reminders take the hassle out of chasing payments.
And that’s just for invoicing. MYOB Business is a business management platform that brings together core processes including employee management, inventory and more.
Discover a better way to do business with MYOB Business.
Information provided in this article is of a general nature and does not consider your personal situation. It does not constitute legal, financial, or other professional advice and should not be relied upon as a statement of law, policy or advice. You should consider whether this information is appropriate to your needs and, if necessary, seek independent advice. This information is only accurate at the time of publication. Although every effort has been made to verify the accuracy of the information contained on this webpage, MYOB disclaims, to the extent permitted by law, all liability for the information contained on this webpage or any loss or damage suffered by any person directly or indirectly through relying on this information.
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