Accounts receivable automation platform Invoiced has partnered with JPMorgan Chase’s payments business WePay to offer Invoiced Payments.
More than 23,000 Invoiced customers can use the Chase-powered integrated payment processing solution to set up processing services.
Invoiced Payments is compatible with the company’s accounts receivable automation platform. The platform comes with a payment portal for online transactions via credit and debit cards and ACH.
The solution eliminates the need for a third-party payment processor or gateway.
In addition, the solution provides quick onboarding and allows businesses to accept digital payments within minutes. It is said to have transparent rates and fees for various merchants.
The payment entry and transaction occur on the client’s portal. Also, the payment processing solution is PCI-compliant.
Invoiced co-founder and CEO Jared King said: “At Invoiced, our entire purpose is to make billing and collections efficient, effective and easy.
“By offering Invoiced Payments, powered by Chase, we are able to provide the most comprehensive integrated A/R and payments solution available to businesses.”
WePay vice-president of marketing Jennifer Lewis added: “Small businesses want to concentrate on growing their business, but often get bogged down with backend operations that take a lot of their time.
“Through our partnership with Invoiced, we are excited about the availability of Invoiced Payments, which addresses some of these challenges.”
The new processing solution is available for US and Canada users of Invoiced with paid accounts.