eWAY named ‘Partner of the Year’ by Xero

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Canberra-based payment services company, eWAY, has been named ‘Partner of the Year’ by online accounting software leader Xero.

In 2013, eWAY and Xero partnered to help small-to-medium businesses improve cash flow by introducing a single click, ’pay now’ option on invoices.

“eWAY and Xero share a customer-focused approach to business, and we’re committed to working together to ensure our respective and collective technologies assist customers to grow their businesses,” says eWAY’s Chief Executive Officer and Founder, Matt Bullock.

“eWAY’s integration of payment services within Xero has been game changing – enabling many businesses to greatly reduce their receivable days through real time payments,” Mr Bullock explains.

eWAY supports merchants with unique fast set-up for their online activities in less than three days. In just six months, eWAY’s services have helped the 250,000 Xero users to decrease debtor days from an average of 44 to 28 days.

Xero Founder and CEO Rod Drury says: “The Partner Awards are an opportunity for us to acknowledge and celebrate organisations for the outstanding and innovative provision of services that support the Xero platform.”

eWAY has experienced a 20 per cent increase in the value of online payment transactions in the past year and now processes AUD$4.23 billion of cash receipts.

About Xero

Xero provides beautiful, easy to use online accounting software for small businesses and their advisors. The company has over 250,000 paying customers in more than 100 countries around the world and is listed on the NZX and ASX. See more at www.xero.com