"Enterprises, SMEs or startups are now able to bypass legacy approaches and develop innovation at an accelerated pace."

Xero says the major new products and features are intended to enable owners and their advisors to build more efficient and profitable operations.

Businesses that have payment terms that allow for 60-90 days payment were more likely to be met within the payment period, or even earlier.

B2B payment platform provider PayStand is one of the latest global companies to announce an integration with Xero.

BNZ is the first Kiwi bank to offer the option to accept Alipay which should roll out in July following the trial currently underway.

Perpetual debt, hidden costs and exorbitant interest rates are all charged by our largely foreign-owned banks and retail finance companies.

Afterpay allows customers to buy in-store instantly, putting down a quarter of the cost and paying over four equal fortnightly instalments.

"So is that Amazon’s impact, or is it shoppers being more cautious with their cash? This year will be the telling."

Verrency’s services will be delivered via the UPI Wallet, Union Pay’s innovative API service.

Commonwealth Bank’s  purpose-built payments tablet Albert will now feature Vend’s Register app.

InstaREM’s service differentiates itself in two ways: it’s transparent about the cost, and doesn’t take a cut of the money transferred as fees.

The Veem platform supports global payments in US Dollars as well as multiple currencies to over 60 countries.

The company is holding Office Hours this Wdnesday across four technology hubs in Auckland and Wellington.

With Tap2App, micro-retailers and small business owners can accept card payments with their smartphones without a dongle or a portable card reader.

The setup process enables small business owners to quickly begin accepting credit card payments for online invoices.

Amadeus Airport Pay can be used by multiple airlines and ground handlers at any airport across the world independently of check-in infrastructure.