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There are multiple options for integrating credit card processing with QuickBooks that don’t require you to fork over extra money to Intuit. If you’re not a fan of plugins, you can instead use an export/import function to send your transaction details from your processor to your QuickBooks account. In fact, many popular plugins are seamless, allowing an easy integration that functions virtually the same as the direct Intuit integration. However, just because direct integration with QuickBooks requires an Intuit merchant account doesn’t mean you can’t get your data into QuickBooks in other ways. By reducing competition Intuit is able to charge excessive fees. Intuit knows that competition from other credit card processors will drive processing costs down, so the company designs QuickBooks so it will only work natively with Intuit’s own credit card processing service. But this convenience comes with a hefty price tag.
INTUIT POS MERCHANT SERVICES SOFTWARE
Intuit’s popular QuickBooks accounting software makes it possible for users to process and record a credit card transaction in one easy step. The company offers GoPayment readers for mobile solutions and partners with companies like Revel for POS systems. Depending on your needs, you can also purchase equipment through Intuit.
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The company offers options for brick-and-mortar in-person payments, mobile in-person payments, online transactions through compatible web stores, and phone payments. You can use Intuit payments for accepting all major credit and debit cards. You may see references to “QuickBooks Payments” or “Intuit Payments,” both of which refer to accepting cards with Intuit. Most people know Intuit as the makers of QuickBooks, but the company has a merchant services division so that you can sign up for credit card processing as well.
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INTUIT POS MERCHANT SERVICES FREE
Based on the countless Intuit merchant account statement analyses we have done here at CardFellow, we have found Intuit’s credit card processing charges to be 40% – 50% greater than the rates businesses receive in our free marketplace.