Fintech startup iWallet has become the first company to enable Zelle invoicing for small and medium-sized enterprises (SMEs), marking a significant advancement in digital payment solutions. This new feature allows SMEs to leverage Zelle for seamless and efficient invoicing.
Key features of iWallet’s Zelle invoicing include zero processing fees, easy reconciliation and tracking, and real-time notifications that enhance operational efficiency and cash flow management. Traditionally, Zelle has been used for peer-to-peer transactions, but iWallet's patent-pending P2B (person-to-business) notification system now allows SMEs to send and track invoices effortlessly.
"Adding the ability for SMEs to receive invoice payments via Zelle democratizes payments," said Jim Kolchin, iWallet Founder and CEO. This integration underscores iWallet's dedication to innovation and expanding the accessibility of digital payments.
Source: iWallet
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