Microsoft has partnered with PayPal, Stripe, and GoDaddy on a new Payments app for small businesses in Microsoft Teams. It’s available now in preview.
“Getting paid for appointments, classes, and webinars—essentially any meeting you host in Teams—has just become easier,” Microsoft’s Alberto Martinez Interiano writes in the announcement post. “The new Payments app, currently in public preview in the Teams Store, allows small businesses in the United States and Canada to easily manage and collect payments from within Teams on your desktop or mobile device during a meeting.”
Microsoft provides a few examples to explain how and why this can be useful: a lawyer or financial advisor can collect payments for consultative appointments, a real estate instructor can do the same for license-renewal sessions, or a teacher for tutoring classes, all while the customer is engaging with them.
Here’s how it works: after installing the Payments app, you configure it to connect with your PayPal, Stripe, and/or GoDaddy accounts. Then, you can send payment requests to others while in an online meeting, and the customer can pay you using a credit or debit card, a digital wallet, and other payment methods. The Payments app will also track payments so you can see which have been received and which are still pending.
The Payments app for Teams is available now in public preview for Teams Essentials and Microsoft 365 business subscribers, and is free. PayPal and Stripe integration are available now, and GoDaddy is coming soon.