Sniip to deliver real-time billing

Mobile shopping and payments app Sniip says it has landed a deal with Xero to bring real-time billing to small and medium sized businesses.

Sniip co-founder and CEO Damien Vasta said his platform, which uses blockchain technology, would provide a central way for Xero’s customers to receive and pay bills.

He said Sniip would be available to Xero’s customer network, allowing transactions to integrate with their accounting system.

“Users can scan and pay their bills within seconds using Sniip’s trademarked circular QR code, eliminating the need to enter a long account or payment reference number or bank details or waste time paying over the phone,” Mr Vasta said.

“Mobile payments have become a hugely popular method of making both discretionary and non-discretionary payments.

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Source: Sniip to deliver real-time billing – The Australian