PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Cash Use Up, Polls Suggest, But Payments Companies Aren’t Talking

Ben Jackson by Ben Jackson
February 3, 2014
in Analysts Coverage
0
debit cards
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Cloud-based small business accounting provider Wave has announced another add-on available to users of its basic accounting system.

Canada-based Wave is accepting reservations for next month’s launch of an iOS-based mobile app developed in partnership with Stripe. It will enable clients to accept credit cards for payment in real time, either by typing in card details, or by capturing an image of the card. The automatic integration with Wave’s revenue accounting and accounts receivable will eliminate another stage of data entry and simplify book-keeping.

According to Wave CEO Kirk Simpson:

“For our existing customer base it’s a value-add that allows them to replace some of the payment mobile apps that they are using today that don’t have a seamless end-to-end experience for the transactions they are creating … And we definitely believe that it will be a compelling feature for new Wave customers to know that they can accept payments wherever they are and that all of their accounting will be handled automatically behind the scenes.”

Wave also announced a new benchmark with respect to numbers of users, now 1.5 million, triple the 500 thousand announced at year end 2012. Venture-backed Wave seems to be succeeding with its “free accounting” cloud model. It uses an ad-funded business model to support the users of the low end accounting application, and charges usage-based fees for add-ons such as automated payroll. Card transactions will also carry fees, quoted as $.30 plus 2.9% for each payment.

Click here to read more from TechCrunch.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    eCommerce On Social Media, social commerce

    The Rise of Social Commerce and Social Payments

    February 3, 2023
    Electroneum AnyTask; ETN Crypto, sales enablement

    Ethical Financial Selling: The Role of Compliance Technology and Sales Enablement

    February 2, 2023
    direct deposit

    Nacha Launches Campaign to Reach Millennials on the Benefits of Direct Deposit

    February 1, 2023
    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Equinix report - Dojo Delivers Fast, Reliable and Secure Card Payments to Businesses on Platform Equinix