MYOB PayDirect Online: New online payment system
Online payments have grown to become the preferred method for individuals and businesses alike over the past 10 years, whether it be paying a utility bill, buying online or settling an invoice. MYOB is now offering a solution that will allow you to offer an easier, more efficient payment option for your customers, which will provide you with the ability to easily customise, send and track invoices.
MYOB PayDirect Online is a payment system that will allow you to create an invoice and email it instantly to your customer. They can immediately hit the ‘pay now’ option and directly make payment, using their credit card. When the payment is finalised, the accounts are automatically updated, saving real time with your bookkeeping processes.
The most important way that this program can add value to your MYOB subscription is supporting quicker payment of invoices, which could lead to improved cash flow for your business. It also allows you to offer VISA and MasterCard payment options to your customers. PayDirect Online will be available to users of both MYOB Essentials and MYOB AccountRight. It has no monthly fee; you will pay a 25c processing fee and 2.2% per transaction.
To find out more about whether this program is right for your business, go to the MYOB website and follow the links for Small Business / Payment & POS solutions. Here, you will find information about how to add this program to your existing MYOB file.
If you have any questions, please call The Money Edge Team on 07 4151 8898.
Lauren Bird | Bookkeeper | The Money Edge | Bundaberg