Spenda

Spenda: B2B And B2C Payments With Integrated AR, AP, And eInvoicing

Spenda is a business payments and software platform that helps merchants accept and make payments while streamlining accounts receivable and accounts payable workflows. Spenda combines B2B and B2C payment acceptance with eInvoicing, AR and AP automation, a payment widget for online checkouts, Pay by Link for invoice payments, and point of sale tools. If you need an end-to-end solution that connects the front office and back office, Spenda is designed to provide payments, data sync, and reconciliation in one environment.

What Spenda Offers

Spenda provides software and payment services that can be used separately or together:

• B2B payments and eInvoicing: Modernise collections, offer customers multiple ways to pay, and use eInvoicing to increase invoice data accuracy and reduce manual handling.

• B2C merchant services: Accept payments in store, online, and on the go, with tools aimed at faster checkout and reliable settlement.

• Payment widget for eCommerce: Embed a dynamic checkout into your website or marketplace via API for a streamlined customer experience.

• Pay by Link for invoice payments: Send secure, tokenised payment links so customers can pay invoices or statements through their preferred method.

• Point of sale software: An iPad-based POS for retailers and service providers that supports in-store, over-the-phone, and remote sales.

• Accounts Payable and Accounts Receivable automation: Improve accuracy, visibility, and cash-flow control by connecting payments to your ledgers.

Spenda integrates with small-business accounting platforms and larger ERP systems, helping reduce reconciliation effort by syncing transaction data with the tools your finance team already uses.

Payment Methods And Working Capital Options

Spenda focuses on giving buyers more ways to pay and sellers more ways to get paid:

• Card payments: Accept major card brands across online, in-person, and invoice flows.

• Bank transfers: Provide customers an alternative to card for larger or recurring payments.

• Pay by Link: Convert invoices into secure, one-click payment experiences.

• Third-party finance and virtual credit facility: Offer eligible buyers an unsecured line of credit or extended terms at checkout or invoice payment, helping suppliers get paid on time while buyers manage cash flow.

This mix of methods and financing options is useful in B2B contexts where purchasing approvals, invoice batching, and payment terms are common.

B2B Payments And eInvoicing

For B2B merchants, Spenda’s eInvoicing and AR tools aim to shorten days sales outstanding and reduce disputes:

• More ways to pay: Card, bank transfer, and finance options increase the chance of on-time settlement.

• Automated reminders and collections: Reduce manual follow-ups and centralise collections activity in one dashboard.

• Ledger-to-ledger data flow: Minimise data rekeying and improve accuracy by syncing invoice data across systems.

• Cash-flow visibility: View outstanding amounts, due dates, and status updates to plan working capital needs.

These capabilities support franchise networks, buying groups, B2B marketplaces, distributors, and manufacturers that need to coordinate payments across multiple trading partners.

B2C Merchant Services And Point Of Sale

Spenda’s B2C offering covers in-store and remote scenarios:

• Point of sale software: iPad-based POS with built-in tools for taking payments, scanning items, and processing sales quickly.

• Merchant services for card acceptance: Aims to reduce checkout friction and support payments wherever you serve customers.

• Fallback and flexibility: Over-the-phone and remote payment options help you keep trading without relying on a single device or channel.

For retailers and service providers, this provides a single environment that connects store operations with accounting and inventory.

Online Checkout: Payment Widget And API

If you sell online or operate a marketplace, Spenda’s payment widget is designed to speed up implementation:

• Dynamic embedded checkout: Add a hosted payment element to your website or platform to standardise the customer experience.

• API-ready: Integrate payments programmatically, unify payment logic across brands or storefronts, and manage authentication and tokenisation consistently.

• Conversion focus: Reduce cart abandonment by shortening the steps to pay and offering flexible methods, including card, bank transfer, and finance options where eligible.

For marketplaces, the widget and APIs can help consolidate multiple onboarding and settlement flows into a single scheme.

Accounts Payable And Accounts Receivable Automation

Spenda connects payment execution to AP and AR tasks:

• Accounts Payable: Schedule payments, split by method, and reduce manual entry by syncing invoices and approvals. Extending payment terms where applicable can improve working capital without losing supplier goodwill.

• Accounts Receivable: Generate eInvoices, send Pay by Link requests, accept multi-invoice payments, and reconcile automatically.

• Reconciliation and reporting: Post transaction data back to your accounting or ERP system to maintain a clean audit trail.

The result is less time spent on routine matching, fewer exceptions, and better oversight of both outgoing and incoming cash.

Integrations And Systems Connectivity

Spenda integrates with commonly used accounting platforms and can also connect to larger ERPs:

• Accounting platforms: Integrations are available for Xero, MYOB, and QuickBooks, with additional systems supported through implementation.

• ERP connectivity: For businesses with complex catalogs, inventory, or multi-entity structures, Spenda can integrate into existing ERP workflows.

• Developer resources: API documentation and implementation guidance support custom use cases, marketplaces, and embedded finance models.

When planning an integration, confirm the scope of data sync for invoices, customers, suppliers, and settlements to avoid manual workarounds.

Security And Compliance

Payment security and compliance are central requirements for any PSP evaluation. Spenda outlines the following measures:

• PCI DSS alignment: Spenda states that it undergoes regular PCI compliance reviews and is currently PCI compliant.

• AML and KYC controls: Customer onboarding includes anti-money laundering and know-your-customer checks to meet legal obligations.

• Multi-layered authentication: Access and transaction controls are designed to reduce unauthorised activity.

• Secure payment gateway: Encryption and tokenisation are used to protect cardholder data in transit and at rest.

• Hardware security: Supported terminals reference current PCI PTS standards for device security.

Merchants should assess how these controls apply to their specific setup, including ecommerce, invoice, and POS flows, and request relevant compliance documentation during onboarding.

Onboarding, Application Requirements, And Pricing

Spenda provides self-serve and sales-assisted onboarding paths:

• Apply for payments: Merchants can submit an online application to begin KYC and underwriting.

• Implementation support: For more complex environments, especially franchises, buying groups, or marketplaces, Spenda engages as a technology partner to scope the right mix of software and payment services.

• Trial access: Some software modules, such as Accounts Payable, are available with a limited free trial to test fit before rollout.

• Fees: Pricing varies by product, integration scope, and transaction profile. Spenda does not publish universal transactional pricing on its main product pages. During merchant services onboarding, an application fee and standard compliance checks may apply.

For a reliable comparison, request a tailored quote that separates software subscription costs, payment acceptance fees by channel and method, add-on services, and any terminal or implementation fees.

Who Spenda Is Best For

Spenda suits merchants that need both payment acceptance and financial operations software:

• B2B suppliers and distributors that issue invoices, offer terms, and want to accelerate collections while reducing manual AR work.

• Retailers and service providers that need dependable in-store payments, over-the-phone capability, and ecommerce checkout.

• Franchise groups and buying networks that must standardise payment and invoicing across multiple locations or entities.

• Marketplaces and platforms looking to embed payments and finance options through a dynamic widget and APIs.

• Mid-market firms with ERPs seeking to connect payments directly into existing accounting, inventory, and order management systems.

If you operate a single simple sales channel with basic reconciliation needs, a lighter-weight gateway may suffice. Spenda’s advantage becomes clearer as your workflows involve invoices, terms, and multi-entity coordination.

Advantages

• Unified platform: Payments, AR, AP, eInvoicing, and POS in one vendor ecosystem reduce integration sprawl.

• Flexible payment options: Card, bank transfer, Pay by Link, and access to third-party finance can boost on-time payment rates.

• Operational efficiency: Automated reminders, ledger sync, and consolidated dashboards lower manual workload across finance teams.

• Security posture: Documented PCI processes, AML and KYC checks, and multi-layered authentication address core risk requirements.

• Integration coverage: Out-of-the-box accounting integrations with options for ERP-level connectivity.

Conclusion

Spenda combines payment acceptance with finance-team tooling to help merchants sell, get paid, and reconcile in one environment. Its strengths are in B2B scenarios where invoices, payment terms, and multi-entity operations complicate cash flow and reconciliation. With integrations for popular accounting platforms and APIs for marketplaces, Spenda is positioned as a unified option for merchants that want to improve payment flexibility and reduce manual AR and AP work. As with any PSP, review eligibility, integration scope, and complete pricing before committing to an implementation.