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July 18, 2011updated 04 Apr 2017 4:15pm

PayPal enters e-invoicing market

PayPal has entered the e-invoicing market, launching a set of Application Programming Interfaces (APIs) that can be used by online merchants to create and send invoices.

By Suruchi Joshi

PayPal has entered the e-invoicing market, launching a set of Application Programming Interfaces (APIs) that can be used by online merchants to create and send invoices.

An additional feature is the Permissions Service for granting third party permissions. Under this system, while invoicing the customer, merchants will be given the option of either self-calling the invoice, or granting permission for a partner to do so.

PayPal has also said that it intends to develop the product further, adding new features that will enable APIs to record offline invoice payments.

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