Home Market Invoice2go launches tap and go payments in Australia

Invoice2go launches tap and go payments in Australia

Invoicing app provider Invoice2go has launched a tap and go payments feature with PayPal Here, which it says enables Australia’s smallest businesses to be paid in person, wherever they are.

The new product is unveiled as Invoice2go claims its customers are now sending US$2 billion worth of invoices through the app – a “significant milestone” for the company.  

Now in its 15th year, Invoice2go was one of the first players on the Australian fintech scene, and says it is still committed to its original vision of making the lives of small business owners easier by “simplifying their billing process, improving their cashflow and fuelling their growth”.

According to Invoice2go’s Michael Ramsey, head of Product, the mobile point of sale, supported by PayPal Here, now means that businesses, regardless of size, can accept swipe, insert, or tap and go card payments, wherever they are, to get paid instantly.  

Invoice2go already offers online payments for its users, and Ramsey says that now adding the ability to accept payments on the spot means small businesses can offer their customers even more ways to pay, meaning they can appeal to a wider customer base and increase customer retention.

Ramsey says that the company is tapping into the astronomical rise of tap and go payments.

“Tap and go is a ubiquitous way to pay now and we want to empower our customers, the majority of whom are one-man-bands, to also be able to leverage this trend. Now plumbers, florists, dog-walkers and accountants alike can have the same opportunities, and look just as professional, as the biggest retailers.    

“This new product has been specifically designed to work with how the most mobile of Australia’s small businesses work.  Now, those who go from job to job, issuing invoices along the way also have the option to be paid instantly, on the spot from wherever they are.”

Ramsey says Invoice2go's customers are now sending US$2 billion worth of invoices through the app, US$400 million of which is sent here in Australia.

And he says this figure has doubled in just two years, as the company announced it had reached US$1 billion in invoices sent in 2015.

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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).