If you don’t use Intuit merchant services now, and are key entering every record from your 3rd party processor, it’s worth exploring options.If your business processes less than $100,000 annually, stick with whatever you have and focus on growing the business.Check processing was not covered here, but it’s the same concept. There are many factors including business type, how and where you accept payments, whether you have aging accounts receivable and more. Need help making the right choice? The best solution is not the same for every business. For any sizable business, efficiencies and cost savings will outweigh the costs of the gateway, solution, and merchant account fees. Some differentiators for B2B include payment types supported (check, ACH, wire, credit card, Paypal and more) delivery methods- text, email, other, automated reminders- 30 days or on your schedule, cardholder authentication-3-D Secure shifts fraud liability to issuer. There’s nothing that Quickbooks does that cannot continue to be completed within Quickbooks with the integration, or that cannot be enhanced with the 3rd party integration, including electronic bill presentment and payment. The benefits are more control and flexibility, with the efficiency of working within Quickbooks and automatically marking invoices as paid etc. To reduce PCI Compliance burden, the merchant experience is that they’re in QB, but the payment activity is occurring via a 3rd party secure payment gateway, connected to a regular merchant account. ![]()
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