QuickBooks Payments is Intuit’s merchant account services product that allows businesses to accept payments online, via mobile phones, or with QuickBooks desktop. It enables payment through credit cards, debit cards, and automated clearing house (ACH) bank transfers. In this article, we cover QuickBooks Payments reviews and pricing. Ready to get started? Get a free trial.
QuickBooks Payments Pricing
QuickBooks Payments pricing depends on two options: QuickBooks Online Payment ($0 to $16/month, and 2.75% to 3.1% plus 25 cents per transaction), and QuickBooks Desktop Payment ($0 to $16/month, and 1.5% to 3.1% plus 25 cents per transaction). The main difference between the options is the availability of cloud-based services and offline usability.
|Bank Transfer (ACH)|
The rates above are applicable to businesses earning up to $7,500 per month. QuickBooks Payment’s website indicates that you need to call the company for rates if your business processes more than $7,500 monthly and that you will save up to 40%.
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Top Merchant Services Providers 2019
Summary of Positive QuickBooks Payments Reviews
Users who gave positive QuickBooks Payments reviews online liked that it integrates seamlessly with QuickBooks Online. They also said that the payment process is easier for them and their customers and that its rates are competitive.
“The integration between QuickBooks Online and QuickBooks Payments works well and seamlessly, making it quite easy to use. Payment information can be stored on QuickBooks Online and then, by processing the transactions in the accounting system and checking a box, it makes the transaction in QuickBooks Payments automatically.”
Summary of Negative QuickBooks Payments Reviews
As of the date that this article was written (June 13, 2019), there are not many up-to-date negative QuickBooks Payments reviews online. Some users, however, complained about difficulties in getting resolutions from the customer support and failed integration with QuickBooks POS [point-of-sale] software. Some reported that funds were withheld from them.
Top Merchant Services Picks From Fit Small Business
Best Merchant Services Providers for Small Business 2019: We reviewed the top-rated small business payment processors in terms of fees, plans, and customer support for this guide. We also made certain to include all four payment processing fee structures in our mix of providers. This will help you understand how credit card processing works and determine which is the best merchant services solution for your business.
QuickBooks Payments Features
Check out the list below of some of QuickBooks Payments’ features:
- Online credit card processing
- Automatic updating of transactions
- Recurring billing
- Chip card readers
- Book balancing
- Tax compliance
- Seamless QuickBooks integration
- And more
QuickBooks Payments FAQs
Does QuickBooks Payments allow recurring payments?
If a customer pays you the same amount consistently, you can set up recurring payments through the Sales Receipts workflow. Choose the “Make Recurring” option to set up a recurring credit card or bank transfer payment.
How long does it take to receive funds from credit card transactions?
Generally, deposits from credit card payments are done within the next business day. For ACH payments, those who have signed up for the next-day deposit plan will also get their bank transfer deposits the following day. Payments processed after 3 p.m. Pacific time will go into the next deposit.
Here is a list of some of QuickBooks Payments’ popular integrations: