PayPal and MYOB have announced a new integration that will allow MYOB customers in Australia to receive payments made via PayPal and PayPal Pay in 4. This is the first time that a buy now pay later (BNPL) service has been available within MYOB.
The integration will make it easier and more convenient for customers to pay their invoices. They will be able to pay instantly with PayPal, or they can choose to divide the payment over four interest-free instalments with PayPal Pay in 4.
The integration is expected to help businesses get paid faster and more securely. It will also reduce the burden of chasing and waiting for payments.
Here are some of the benefits of the integration for businesses:
- Faster payment times: Businesses can expect to get paid faster when customers have the option to pay with PayPal or PayPal Pay in 4.
- Improved cash flow: The faster payment times will help businesses improve their cash flow.
- Reduced workload: Businesses will have less work to do chasing and waiting for payments.
- Increased customer satisfaction: Customers will appreciate the convenience and flexibility of being able to pay with PayPal or PayPal Pay in 4.
The integration is expected to be available to all MYOB customers in Australia in the coming weeks.