iwocaPay becomes Xero’s first invoice checkout integration with a Pay Later option


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iwocaPay becomes Xero’s first invoice checkout integration with a Pay Later option

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iwocaPay's integration with Xero provides a Pay Later option for small businesses

  • Our invoice payments product – iwocaPay – becomes the first invoice checkout integration with a Pay Later option for SMEs in the UK with small business platform – Xero
  • Small businesses that use Xero can now add an invoice checkout solution with flexible payment options and quick digital reconciliation
  • We're calling for more integrations like this one to help small businesses get paid

Integrating iwocaPay – our invoice checkout – into Xero’s platform, will for the first time provide small businesses with a Pay Later option for their business customers.

iwocaPay – our new invoice payments product, launched in June 2020 – helps both SMEs and their customers manage cash flow. It allows small businesses to get paid immediately while giving their customers the option to pay upfront or spread the cost over 90 days.

As part of this new integration, iwocaPay will be directly accessible in Xero. Small business owners can add this feature to their Xero invoices and by doing so get them easily and digitally reconciled, whilst at the same time offering attractive payment options to their customers.


Embedded solutions to help SMEs get back on track – we're calling for more partners

We're calling for more partners to integrate with our invoice payments product. Further collaborations will help bring the finance ecosystem together and make it easier for small businesses to recover and get back on track. The ability for the industry to offer this flexibility to their customers will create a powerful support tool for small businesses, enabling them to stay agile and get what they need quickly.

Lara Gilman, Co-lead of iwocaPay said: “We’re proud to be Xero’s first UK invoice checkout solution that offers a Pay Later option.  Having the flexibility to pay a supplier later is critical in helping small businesses manage cash flow and iwocaPay provides a better way to offer that flexibility.  We’re delighted that Xero customers now have the option to include iwocaPay on any invoice. Suppliers can more easily offer business customers the extended payment terms they need, without carrying the credit or late payment risk.

We welcome more partners to integrate with iwocaPay so that we can get invoices paid. The vision is for our invoice checkout solution to be available to the entire ecosystem of fintechs, brokers, accountants and bookkeeping platforms.”

Lara Gilman, Co-lead of iwocaPay

Michael Green, Director of Partnerships, Xero UK & EMEA: “Cash flow is the number-one reason small businesses fail. Interruptions in payments can have a devastating impact on the survival of a business. So it’s great to see tools like iwocaPay easing this burden, especially at this difficult time.”

Michael Green, Director of Partnerships, Xero UK & EMEA

Michael Green, Director of Partnerships, Xero UK & EMEA

Small businesses owners can begin adding iwocaPay to their Xero invoices by visiting iwoca’s portal.


Charlotte was a UK PR Manager at iwoca. She's been sharing news and insights about the finance industry for over four years.

Article updated on:
May 20, 2021

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