Fintech firm Invoice2go has launched a mobile point of sale (mPOS) payments feature to allow even small businesses to accept swipe, insert, or tap and go card payments for instant transactions.
The new feature is being supported by PayPal Here, an app designed for on-the-go payments that accepts major credit and debit cards such as Visa, MasterCard and Discover.
The mPOS payment is intended to simplify billing process and improve cash flow for small business owners anywhere.
It follows an announcement by the firm that customers are currently sending $2bn worth of invoices through its app.
Invoice2go head of product Michael Ramsey said: “Consumers already expect to be able to pay in-person, no matter who they are dealing with. We want to empower our customers, the majority of whom are one-man-bands, to be able to have the same opportunities, and look just as professional, as the biggest players.”