Wed May 25

Square Invoices gives Australian business ways to get paid faster

MELBOURNE, May 25, 2016 - Square has today announced the availability of Square Invoices in Australia, adding to its already powerful Register ecosystem. Giving business owners more ways than ever to get paid from one app, Square Invoices allows sellers to create, customise and issue invoices directly from the Square Register app on a smartphone or tablet, or from Dashboard on their desktop. Invoices are emailed directly customers, who can then select to pay online securely with Visa, MasterCard or American Express credit or debit cards.

With the simplest and most accessible pricing in market, sellers can send unlimited invoices and access all of the features of the Square platform for free, and are only charged 2.5% when an invoice is paid online with Square, giving visibility and confidence to business owners knowing that they can track their expenses and forecast costs in advance. Sellers can track all sales and outstanding invoices from their Square Dashboard, combined with any sales processed through Square Reader—giving a full picture of business performance in one location with powerful reporting and payment tracking features.

“Optimising cash flow is critical to the survival and growth of any business and, unfortunately, Australian small businesses experience some of the slowest invoice payment speeds in the world. Research shows us that over $19 billion is locked away in outstanding invoices owed to businesses, and with 90% of small business failures a result of poor cash flow, we’re proud to bring tools to Australian sellers to ensure they’ve got every way to get paid.” commented Ben Pfisterer, Square Australia Country Manager.

“Square is continuing to help make business simpler for Australian sellers. From accepting card payments with Square Reader to now accepting payments online with Square Invoices, we’re empowering businesses with every tool they need to get paid fast and spend less time on time-consuming operational tasks like generating manual invoices and chasing payments.”

Square Invoices has a straightforward feature set designed for a variety of business types, from trades through to consultants, professional services and more:

Send invoices directly from your smartphone or tablet wherever you’re doing business, reducing time typically spent manually issuing invoices and chasing payments after hours.
Allow customers to pay conveniently and securely online through Square, with payments deposited directly into your bank account. Customers are never charged a transaction fee to pay online.
Pay no recurring monthly subscription fees, hidden charges or long-term contracts—send unlimited invoices and access the powerful Square Dashboard reporting and tracking system free. Sellers are only charged when an invoice is paid online through Square.
Access powerful features designed to simplify invoice issuing and tracking, such as scheduling, customisable invoices and print on demand, giving you time back to focus on business growth.

Square Invoices is available now for all Australian businesses. New businesses joining Square can sign up today as a new customer and get their first $1,000 of invoices processed for free as part of a limited-time promotion.

About Square, Inc.

Square creates tools that help sellers of all sizes start, run, and grow their businesses. Square's point-of-sale service offers tools for every part of running a business, from accepting credit cards and tracking inventory to real-time analytics and invoicing. Square Reader was launched in Australia in March 2016, as the smallest, most mobile and most affordable card payment reader available in the local market. Square Reader allows business owners to accept Visa, MasterCard and American Express credit and debit cards directly from their compatible smartphone or tablet device. Square was founded in 2009 and is headquartered in San Francisco, with offices in the United States, Canada, Japan, and Australia.