EFTPOS has partnered with MYOB to deliver low-cost real-time eCommerce transactions for Australian businesses.

With this partnership, retailers can expect to see MYOB leverage Eftpos' eCommerce payment processing and settlement capabilities which will help to offer low cost and real time transactions to merchants and consumers in different digital channels.

Stephen Benton, EFTPOS chief executive, said “With more than 51 million eftpos-enabled cards, eftpos offers real-time eCommerce capability to almost every Australian with a bank account. This means merchants and consumers can get their money quickly while merchants may also benefit from lower costs which they can pass on to consumers through lower surcharges. Eftpos is striving to create innovative and cost effective solutions for Australians, while upholding the reputation, integrity, security, reliability and stability of the eftpos payments system.”

One of MYOB’s core purposes is about helping businesses succeed; to  provide businesses with greater freedom which will help them to keep on top of their cash flow.

Benton further added, “We know payments and cashflow are one of the biggest headaches for businesses. Providing greater freedom to accept more payment methods, such as eftpos, means our customers’ payees have more options to pay, helping them keep on top of their cashflow.”

The best thing about MYOB is that they are always looking for new ways to innovate to ensure our customers have the tools and options they need to deliver their own business success.

Slowly but surely, capabilities will be rolled out in stages, with consumer payments making up the last stage.

Source: iTWire


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