THELOGICALINDIAN - Venturing into the apple of adaptable payments and pointofsale terminals is not an accessible accomplishment as there absolutely a bit of antagonism to booty into annual But that isnt befitting accepted accounting software band-aid FreshBooks from giving it a try as they launched a new app and dongle arrangement to let baby business acquire artificial agenda payments with an iPhone
Also read: Are Electronic Tattoos The Future of Bitcoin Payments?
FreshBooks and mPOS – An Interesting Combination
The development of this FreshBooks card clairvoyant is absolutely an absorbing about-face of events. FreshBooks is mostly accepted for their accounting software, authoritative it easier for baby businesses to accumulate an eye on balance and expenses. Offering an mPOS band-aid on top of that will abridge the accounting action alike added for some baby businesses.
Even admitting the FreshBooks agenda reader will not barrage until abutting Spring, the accessory will be able to apprehend EMV-enabled and alluring artificial acclaim cards. Pricing is kept adequately low as well, as the dongle will amount US$29 although the amount per transaction is adequately high. For Visa and Mastercard payments, there will be a 2.7% 30 cents allegation on per acquirement admitting the fees will be 3.4% additional 30 cents for American Express transactions.
While these fees are absolutely aerial compared to agnate casework – Square’s rates are cheaper – all of the payments fabricated through the dongle will be affiliated to the user’s FreshBooks account. Invoices and letters will be adapted automatically already the acquittal in catechism has been processed, and baby business won’t accept to leave the FreshBooks ecosystem at all.
One downside to this absolute activity by FreshBooks is how the agenda clairvoyant will – initially- only be accessible to iPhone users. That actuality said, the aggregation has adumbrated affinity with Android accessories and iPads will be advancing in the abreast future. Dedicated applications for these types of accessories will be developed over the abutting few months.
When asked about this artefact launch, FreshBooks CEO Mike McDerment stated:
Still No Bitcoin Integration For FreshBooks
Bitcoin businesses about the apple accept been attractive for a FreshBooks-like accounting band-aid for absolutely some time now. In fact, several Bitcoin association associates accept been aggravating to get the aggregation to accommodate Bitcoin affairs as allotment of their service, but those requests accept collapsed on deafened aerial so far.
Now that FreshBooks is aboveboard targeting the baby business articulation with their mPOS solution, it seems to be an adapted time for the association to analyze about Bitcoin payments already again. With so abounding Bitcoin startups ablution and accepting launched in contempo months, there is a ample bazaar for companies like FreshBooks.
What are your thoughts on this mPOS band-aid by FreshBooks? Is it a applicable business model? Let us apperceive in the comments below!
Source: FreshBooks Blog
Images address of FreshBooks, Shutterstock, Shutter Muse
