Square payment platform to integrate with all major accounting solutions

Global payments provider Square has announced the integration of its services with MYOB’s cloud accounting solutions.

The move completes Square’s plan to integrate with all major accounting solutions in Australia and will simplify the payment processes of time-poor business owners.

Square services will now fully integrate with MYOB’s Essentials and Account Right packages to provide easy reconciliation of payments.

The new partnership will completely automate the payment process for business owners, ensuring they no longer have to waste time manually rekeying their sales or customer data. The integration will enable transaction data processed via Square’s payment platform to move simply and securely to the business owner’s MYOB account.

Sales can be reconciled by product or category, by store location, by payment type, or through paid invoices and refunds.

Ben Pfisterer, Country Manager for Square Australia said the company is delighted to be partnering with MYOB to offer another solution for small businesses to simplify their accounting.

“Business owners have enough to worry about when it comes to their business operations, that’s why we’re making it easy for them to streamline back-end processes and get more time back in their day.”

The announcement follows on the heels of the launch of Square’s software development kit (SDK) in January.

The SDK enables businesses to process payments through their own apps. The in-app mobile payment offering allows business owners to have a complete omnichannel solution for all their payment needs and is part of Square’s ongoing commitment to provide a complete payment solution for the small business community.

Image: Ben Pfisterer. Source: Supplied.