August 4, 2010 - 11:42am
A UK major card network Barclaycard has entered into a partnership with Software-as-a-Service (SaaS) accounting firm KashFlow to pilot an e-invoicing service for merchants. According to the reports of TechCrunch, Barclaycard is running the pilot test with 100 merchants so as to trial the KasFlow-based system for creating, sending and managing invoices through a Web browser.
Apart from this functionality participants will also be able to track late transactions and receive payments via the Barclaycard gateway, for which the firm charges a three per cent fee.
The card outfit is waiving the £15.99 as month fee KashFlow normally charges for the pilot, which TechCrunch says could run for up to 12 months ahead of a full scale roll out.
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