MYOB, an Australia-based accounting software provider, is set to launch a new mobile payments solution, MYOB PayDirect, to enable small businesses get paid faster and manage their business while on-the-go.
Expected to be initially launched towards the end of first quarter 2014, MYOB PayDirect will be made available to all in the second quarter of this year.
Designed to transform small businesses’ smartphones into payments terminals, MYOB PayDirect provides users a free mobile app to facilitate credit card payments.
Using the app, business owners can accept payments while on the go or select AccountRight Live integration to raise invoices, manage debtors and contacts, as well as take payments.
Commenting on the application, MYOB CEO, Tim Reed, said, "A compelling app that takes advantage of the powerful usability of native iOS and Android operating systems, PayDirect signals our strengthened commitment to the on-the-go business management needs of all SMEs.
"It will empower all AccountRight Live clients to run their business from their pocket and work even more effectively while out of the office, something we’re proud to be a part of.

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By GlobalData"We’re looking forward to revealing more features, integrations and partnerships in the coming weeks, months and years," Reed added.