B2B Payments

FreshBooks Enables Apple Pay For Invoice Settlement


FreshBooks is the latest SME service provider to support Apple Pay for B2B payments.

The company announced Wednesday (Dec. 7) that the cloud accounting platform can now support the use of Apple Pay for invoice payments, enabling users to settle bills without having to enter in card data. FreshBooks noted that the integration can be used on Apple devices, including MacBooks, iPhones and Apple Watches.

It's also the latest upgrade to the platform after FreshBooks announced an overhaul earlier this year.

"Our redesigned platform has enabled us to provide new benefits for our users at a faster pace," said FreshBooks Chief Commercial Officer Mark Girvan in a statement. "With Apply Pay, we're making it even easier for self-employed professionals to run their businesses, collaborate with their clients and get paid faster."

In addition to the convenience and speed of using Apple Pay, FreshBooks highlighted the payment security capabilities of the technology. Apple Pay can reduce opportunities for fraud as it generates a one-time card number to complete a transaction without a transfer of a payer's card details.

The integration follows the company's announcement last year that it would be collaborating with Apple to develop enterprise-focused apps in an effort to facilitate mobile business processes for business owners that need to complete tasks on the go.

FreshBooks isn't the only platform that is looking at Apple Pay for B2B payments. Earlier this year, QuickBooks, another cloud-based SME accounting platform, revealed its own integration of Apple Pay, similarly adding the tool as a payment option with its users sending out invoices.



About: Accelerating The Real-Time Payments Demand Curve:What Banks Need To Know About What Consumers Want And Need, PYMNTS  examines consumers’ understanding of real-time payments and the methods they use for different types of payments. The report explores consumers’ interest in real-time payments and their willingness to switch to financial institutions that offer such capabilities.

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