Home Industry Strategy Xero, eWAY get together on payments chase

Global payment gateway eWAY and online accounting software provider, Xero, have launched a new payment service – Pay Now - that is fully integrated with Xero’s online invoicing solution.

The two companies say the new service is designed to ease the challenges facing every business owner — chasing customers for payment on invoices – with the integrated eWAY Pay Now service meaning businesses can now encourage customers to pay on time by providing a simple link on their invoice to start the payment process.

eWAY CEO, Matt Bullock, says Pay Now allows businesses to bill clients directly from Xero online invoices through eWAY, and avoid the extra hassles of chasing up customers for payments.   

According to Bullock, the integrated tool is long overdue, and he says it’s suitable for businesses of all sizes.

“Offering a one click payment option for customers that takes the pain out of chasing paper invoices and payments – which wastes time, money and can really hurt business cash flow,” Bullock says.

“Chasing customers for payment has long been a massive bugbear for any business owner. By working closely with Xero to integrate our Pay Now service into its online invoices, businesses can offer clients an instant payment method across all major credit cards, saving them the time and effort it takes to chase customers for payment.

“We know cash flow is vital for any business – which is why eWAY works closely with all the major banks to provide next day settlement. A business using eWAY Pay Now with Xero’s online invoices can access its money sooner.”

According to Bullock, businesses that work with eWAY have been quick to adopt the new Pay Now option, “with many customers finding the integration easy and valuable.”

And, Jesse-Lee Stringer, Managing Director of Barn Light Australia, says that knowing that his clients can now easily pay their Xero invoice using their credit card at a time that suits them has “opened up a big competitive advantage.”

“By implementing the integration across our eWAY and Xero accounts, we can now accept credit card payments for invoices from both our retail and commercial markets. Quite simply, our customers can now pay invoices online 24/7 with a few simple clicks. Knowing that our clients, their client’s clients, and other stakeholders have an opportunity to pay their Xero invoice with their credit-card at the time that is convenient to them, gives us an advantage over our competitors. Plus, as an existing eWAY customer, the added benefit is that it’s free to roll-out.”

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

 

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