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Microsoft launches Teams Payments app for small businesses

Microsoft recently launched the Teams Payments app, a new payment integration that allows small businesses to bill their customers and receive payments within the Teams environment. This makes it easier for businesses to manage all their business communications and transactions in one place.

The Teams Payments app allows users to create and send invoices to customers, and receive payments via credit or debit card. The process is fully integrated into Teams, so there is no need to go to another application or website to process payments.

To use the Teams Payments app, businesses must sign up with Microsoft Pay. This is a secure payment gateway that allows them to accept online payments. After a business has signed up with Microsoft Pay, they can integrate the Teams Payments app into their Teams environment and begin creating invoices and receiving payments.

One of the benefits of the Teams Payments app is that it tracks all transactions and generates reports to make it easier to keep track of company finances. Businesses can view their transaction history and export data to Excel or other accounting software for further analysis.

All in all, the Teams Payments app provides a convenient way for small businesses to manage billing and payments, and makes it easier to keep everything in one place. If you are not already signed up with Microsoft Pay, you can sign up now and start integrating the Teams Payments app into your Teams environment.

To install Teams Payments navigate to: https://appsource.microsoft.com/en-US/product/office/WA200004641?exp=ubp8

Read more: https://techcommunity.microsoft.com/t5/small-and-medium-business-blog/microsoft-launches-the-teams-payments-app-for-small-businesses/ba-p/3808931

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