View and pay invoice refers to an action in which an electronic invoice (e-invoice) can be viewed and subsequently settled online. Imagine receiving an email with a link that allows you to view a PDF version of your invoice and pay it directly through a secure payment gateway.
This feature is significant for its convenience and efficiency, offering benefits like faster payment processing, reduced paperwork, and improved cash flow management. Historically, the transition from traditional paper invoicing to e-invoicing gained momentum in the early 2000s with the advent of electronic data interchange (EDI) systems.
