New PIN-compatible m-payments card reader available for MYOB PayDirect

MYOB has announced it has launched a new credit card reader for its mobile payments solution MYOB PayDirect.

The advanced card reader accepts payments from ‘chip and pin’ and ‘swipe and pin’ credit cards, existing PayDirect clients will receive the new device at no extra charge. MYOB PayDirect turns SMEs’ smartphones into quick, easy payments terminals, as it offers integration with its cloud accounting solution AccountRight so payments are automatically entered into clients’ books. Also the device enables receipts and invoices to be delivered to their customers on the spot.

General Manager, Connected Services Andrew Birch said: “MYOB PayDirect has been a huge success in making business life easier by helping SMEs to improve their cash flow. The app has been downloaded more than 3,500 times since its release in April this year. An increasing pressure for many SMEs is managing cash flow. Burgeoning smartphone and tablet penetration, coupled with the advent of easy to use mobile payment innovations such as MYOB PayDirect can really help remedy cash flow challenges facing many SMEs today.”

“The streamlined application process, affordable monthly payment plans and no lock-in contracts make PayDirect a must-have solution for all mobile businesses – from trades to beauty therapists and accountants to personal trainers. In the next few years, accepting credit and debit payments via mobile devices could become as every day as visiting an ATM.” He added.

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