Payments News

On The Web

nbsp; nbsp; nbsp;

Use

Government Likely to Introduce Electronic Invoice System Under GST

“The government is looking to introduce an electronic invoice mechanism under GST, but could restrict it to large companies in the initial phase, said a government official privy to the deliberations on the matter. This will automatically register every transaction on the GST network. “It is being examined … We are looking at if bigger companies […]
nbsp;

Use

Netflix permanently pulls iTunes billing for new users

“Netflix is further distancing itself from Apple’s iTunes tax bracket. Earlier this year, the streaming giant enabled iOS users in more than two dozen markets to bypass the iTunes payment method as part of an experiment. The company now tells VentureBeat that it has concluded the experiment and has incorporated the change globally. “We no longer support iTunes as […]
nbsp; nbsp;

Use

Asto, the Bookkeeping App From Santander, Adds Invoice Financing for Freelancers and SMEs

“Asto , the Santander owned “upstart” developing financial tools for freelancers and SMEs, is adding invoice financing to its bookkeeping app. The new offering, which potentially opens up so-called “micro-financing” to a much broader business market, comes hot on the heels of Santander Group acquiring Albert, an invoicing and expenses app for freelancers and micro-businesses. […]

On The Wires

nbsp;

Use

Sage launches new invoicing functionality to help customers get paid 2x faster, powered by Stripe

“Users of Sage Business Cloud Accounting now have full invoice capabilities in addition to the payment services Sage offers. This partnership allows companies to fully digitise all invoicing and get paid through credit and debit cards in real-time, rather than spend time manually collecting and chasing down payments.  This will address the damaging, productivity-draining, impacts […]