Case Study: MYOB achieves faster B2B payments in New Zealand with Stripe Connect

MYOB launches B2B payments in a new country in weeks using Stripe Connect

MYOB, a cloud-based business management platform for small and medium-sized businesses in Australia and New Zealand, wanted to expand online invoice payments into New Zealand without rebuilding its payment infrastructure from scratch. The company needed a solution that could integrate with its existing workflows, speed up customer onboarding, and help manage compliance and risk in a new market.

MYOB chose Stripe Connect to launch the new payments offering quickly, using embedded components, embedded onboarding, and Stripe-managed risk to simplify integration and compliance. With Stripe, MYOB went live in eight weeks, reduced customer onboarding time to under an hour, and helped New Zealand customers get paid 3x faster, improving cash flow and customer satisfaction.

MYOB

Steve Price

Head of Product