These services are set to allow businesses to use existing merchant accounts in the field in conjunction with mobile invoicing and POS applications that are integrated with accounting software. Leveraging Hybrids payment platforms with invoiceASAPs mobile applications will allow users to process credit card payments for invoices and retail sales.
The initial rollout of the joint service is scheduled for the US market in Q1 2013 and is set to be deployed worldwide by the end of Q2 2013.
InvoiceASAP is a downloadable mobile application available free of charge. Users can create mobile invoices, estimates, sales orders and sales receipts that can be sent directly to a customer for viewing within a web browser. For a monthly subscription upgrade fee, invoices can be customized, stored and integrated with accounting software and business platforms automatically.
Hybrid Paytech enables payment systems focusing on authentication, approved security and merchant adoption in fleet, delivery, logistics and retail industries. The company has market access to over 3 million merchants worldwide. In recent news, Hybrid Paytech has signed a managed service agreement with Philippines-based electronic banking consortium Bancnet.
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