Online time tracking and invoicing service FreshBooks today announced it has integrated with the new Amazon Flexible Payments Service (Amazon FPS) to provide money transmitter services and payment processor selection for their small to midsize business customers.
FreshBooks customers can now be paid quickly and easily by their clients through their clients’ existing Amazon.com accounts. Because people only have to set up a payment method once with Amazon, payments become hassle-free. Since many clients of FreshBooks customers are also Amazon.com customers, this new payment option will help FreshBooks customers get paid faster.
By using Amazon FPS, FreshBooks is enabling tens of millions of existing Amazon customers to transact with FreshBooks clients with little friction using the same accounts and payment instruments that they use for purchases on Amazon.com. Using the money transmitter functionality within Amazon FPS, FreshBooks will move money between invoice senders and recipients using their Amazon Payments accounts.
With over 200,000 users since May 2004, FreshBooks is the first, largest, and fastest growing online invoicing service for freelancers and professional service companies. Amazon FPS is currently in limited beta. Developers can sign up to use the service directly through Amazon Web Services. Developers eager to find out more about FPS can read about FreshBooks’ experience with FPS on their blog.
Based in Toronto, Ontario, Canada, FreshBooks, formerly 2ndSite, was introduced on May 1st 2004 and has released 17 new versions since then. Aside from providing painless online time tracking and billing services, FreshBooks also helps small businesses by driving community-based initiatives such as weekly tele-seminars, daily web log stories with helpful information, and an active, user-driven forum.
Technically Speaking, if this works well and gains traction – there might be alternatives to PayPal that works.
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