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Microsoft Teams Payments app launched for small businesses

Microsoft has introduced a new Payments app for the users of the US and Canada which will enable small businesses to easily manage and collect payments from within Teams on their desktop or mobile device during a meeting.

Edited By: India TV Tech Desk New Delhi Published : May 03, 2023 12:39 IST, Updated : May 03, 2023 12:39 IST
Microsoft Teams Payments app, small businesses, tech news
Image Source : MICROSOFT Microsoft Teams Payments app launched for small businesses

Microsoft has launched a new Payments app, which will enable small businesses to easily manage and collect payments within the Teams on their desktop or mobile device during a meeting. The app will be initially available for users in the US and Canada initially. The app is available in public preview for the Teams Store for Teams Essentials and Microsoft 365 business subscribers for free. PayPal and Stripe are now available within the app too, and GoDaddy Payments will be added soon to the platfrom, said Microsoft.

 

For instance, a lawyer or financial advisor can collect payments for consultative appointments, a real estate instructor can do the same for license-renewal sessions, or a teacher for tutoring classes. Moreover, the company said that it has partnered with some of the largest players in the payments space to combine the core collaboration capabilities in Teams with powerful commerce features.

"With a mutual focus on helping small businesses prosper, we are excited to partner with GoDaddy, PayPal, and Stripe to help you increase your revenue and make it even easier for customers to interact with you," Microsoft said in a blog post.

Meanwhile, Microsoft has announced the integration of Snapchat Lenses in Teams to make the virtual meet more expressive, which will be available to users globally starting this week.

"A collection of 20 plus of the most popular Snapchat Lenses are available to Teams customers globally, giving you more ways to express yourself, build relationships and let your meetings shine," Microsoft said in a blog post.

ALSO READ: Geoffrey Hinton, 'Godfather of AI', quits Google, to make people aware of dangers of AI

 

ALSO READ: Meta seeks OpenAI's help to create AI coding assistant for its engineers

 

Inputs from IANS

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