News

Xero, Square enable instant invoice payments in Australia

Tuesday 11 February 2020 13:55 CET | News

Xero’s integration with Square, a mobile-payments solution, has been enhanced to allow small-business invoices to be paid instantly and automatically recorded in Xero.

Small businesses using Square can now email invoices from Xero giving their customers the option to pay the bill instantly, using a credit or debit card. 

When a payment hits the business’s bank account, the transaction will appear in their bank feed and be recorded in Xero.

The integration also creates a daily sales-summary invoice in Xero that captures the previous day's transactions in Square. 

Business owners can choose to break down the imported data to the transaction level. 

The enhanced features also capture all point-of-sale transactions including tips, surcharges and the relevant taxes. 

New users can download Square from the Xero app marketplace.


Source: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Xero, Square, invoice, payments , Australia
Categories: Banking & Fintech
Companies:
Countries: Australia
This article is part of category

Banking & Fintech






Industry Events