Unlocking the power of open banking: a simple and secure way to pay bills without leaving Xero

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Xero connects to third party apps like Stripe and Vend so you can temporary account examples build a system to your business’s needs. The mobile app lets you whiz through admin while on the go. Access Xero features for 30 days, then decide which plan best suits your business.

Why Xero makes sense for transportation businesses

  1. Our beautiful cloud-based software is designed for your small business.
  2. We’re the first major small business cloud accounting software in the UK to offer on-platform bill payments using open banking.
  3. There is also no standardised way for businesses in the UK to pay bills in bulk.
  4. This feature is one that we know you’ve been waiting for — it’s been in our top 10 Xero Product Ideas for a while.

All pricing plans cover the accounting essentials, with room to grow.

Xero adapts to the needs of your industry with customisable reports and tools, including third party apps. You’ll also need to log in to your online banking to complete the set up. This is all done securely and with your consent, every step of the way. You can enjoy our bill payment experience free for 30 days if you sign up before 31 December 2023 (usually £0.20 per bill payment — price is in GBP and excludes VAT). You can send reports to ATO each payday without any hassle so you have more time for the rest of your business.

Discover Xero’s software for your transportation business

Crezco is responsible for providing all payment services when you pay bills by direct bank transfer in Xero. It’s free and easy to set up — all you need to do is connect your bank in Xero (don’t forget to check that your UK bank supports bulk payments via open banking). You’ll then be able to select ‘Direct bank transfer’ as a payment method to pay bills in GBP from your bank account, either individually or in bulk. There is also no standardised way for businesses in the UK to pay bills in bulk.

Our beautiful cloud-based software is designed for your small business. Yes – the Xero App Store has hundreds of apps to help manage your business, including apps specifically designed for your industry and for doing business in Australia. Keep your practice one step ahead with Xero accounting software. Discover seamless app integrations for efficient accounting with Xero’s comprehensive accounting software.

We’re extending the availability of classic invoicing to 27 February 2025

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At Xero, we’re on a mission to make this process easier and simplify the bill payment process. Paying bills is a crucial part of the cash flow equation, and yet it’s usually a very manual process for small business owners. Getting bills into Xero, processing the payment and reconciling each transaction can take time away from important tasks, like growing revenue and managing costs. Open banking moves us from a world where your bank controls the data they hold about you, to one where you own your data and can control how it’s used.

The new technology is underpinned by open banking, which is quickly becoming a best practice standard in the UK for securely sharing financial data between banks and third-party providers. Thanks to open banking, funds are available to your suppliers almost immediately. Best of all, there are no monthly subscription costs — once you’ve connected your bank account, you only pay when you select direct bank transfer as the payment method.

Today, we’re excited limited liability companies for dummies by jennifer reuting to share that we’re launching a new bill payment experience in the UK. We’re the first major small business cloud accounting software in the UK to offer on-platform bill payments using open banking. This gives you a simple and secure way to manage, approve and pay bills, without leaving Xero. And if your employees or advisor are preparing bills for payment, they can easily hand them to you for final review and payment authentication, so you stay in control of your bank account. For our bills payments experience, we’ve partnered with Crezco, a payment institution that’s authorised by the Financial Conduct Authority to provide open banking payment services in the UK.

No – Xero is based in the incremental analysis definition cloud, so all you need is an internet connection. But you need a multi-factor authentication (MFA) app to log in to Xero. MFA extra layer of security by checking that it’s really you when you log in.

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