Month: July 2016

Fin tech or financial technology means technology related to or connected with the financial world.  This is an ever-emerging field with new innovations coming up every now and then.  However, there are a couple of new innovations in fin tech that we need to know about and the reason is that they have made quite a mark in the field of business and finance.

Stripe

Stripe is a system for small businesses for accepting payments online.  It is a very convenient online tool for any small business as it can be easily activated and it will be ready for use within no time.  Customers of the small business can make payments through credit cards or other means which the businesses can then receive and thus facilitate completion of the transaction.

Quickbooks

Quickbooks is an online accounting software from the company Intuit.  It is a very convenient tool for any small business as all the accounting needs of the business can be met through it.  Different type of statements like the profit and loss account (income statements), balance sheets, etc. can be created easily online without much hassles.  It is even possible to facilitate generation and payments of invoices from customers.  It can also establish accounting links with bank accounts, credit card statements and enable filing of returns too.

The above two are extremely important tools for not only online entrepreneurs and small businesses but also entrepreneurs who are engaged in the regular brick and mortar businesses.