Retail technology provider Bindo announced it has launched a new invoicing component on its iPad-based POS system that will enhance payment and billing capabilities. According to the company, Bindo's new invoice feature will give retailers the ability to bill a specific customer in a multitude of contextual purchasing scenarios that differ from the standard POS.

The new invoice feature enables retailers to offer more payment methods, including partial payments, advance orders, and charges to accounts of frequent customers. Retailers using Bindo's invoicing service can easily select new or returning customers to bill, which automatically sends the customer a personalized and branded email containing all relevant information concerning the items and payment. Additionally, Bindo gives businesses the option to create and send quotes to consumers that can later easily become converted into a payable invoice.

"Invoicing on our platform opens up an entirely new dynamic to Bindo and the retailers using it," said Brad Lauster, cofounder of Bindo. "If a business wants to bill customers with existing store accounts, charge a down payment, or if a customer wants the option for layaway and to pay in increments, the invoicing option covers it. We're constructing Bindo to become applicable to any sales scenarios, making the POS as semantic and smooth as possible."