Since this process deals with sensitive credit card information, it’s important to make sure that data is handled with a PCI-compliant payment gateway. Once payments are approved, payment gateways pass funds from your customer’s credit card into your merchant account. Payment gateways facilitate credit card transactions by linking transaction information between the credit card network and the card issuing bank to authorize payment. Also, look for chargeback management services that notify you when chargebacks occur so you can address the issue.
If an issue comes up, your support team should help you resolve it quickly.
A great customer support team should be in-house and available 24/7. Make sure that the QuickBooks payment provider you choose offers exceptional support. Flat rate pricing leaves you with simple monthly statements and the knowledge that you’re saving money every month. They’ll come up with one set rate that will guarantee a cost savings. With flat rate pricing, your payment provider will examine your previous processing history to better understand how you typically process credit cards, including average transaction amounts and which types of cards you process. Instead of settling for high tiered pricing rates, choose flat rate pricing to get the lowest QuickBooks payment processing fees. Tiered pricing is infamous in the credit card processing world as the least transparent-and least fair-pricing structure.
Many credit card processors offer only one pricing structure: tiered pricing. ×341.png What to look for in a QuickBooks payment processor Here are some factors to consider when choosing a QuickBooks payment processor and payment integration. In some cases, QuickBooks integrations also reduce processing costs by qualifying credit cards at lower rates. When you accept credit cards directly in QuickBooks, you eliminate double data entry and cut several steps out of the accounting process. Integrating your credit card processing with QuickBooks will streamline your workflow and reduce credit card processing fees. In order to continue accepting credit cards, we suggest finding an alternative payment solution that integrates with QuickBooks Desktop 2015, such as EBizCharge.
As of June 1, 2018, Intuit discontinued its merchant services for Canadian merchants using QuickBooks Desktop 2015, including Pro, Premier, Premier Accountant, Enterprise Solutions, and Enterprise Accountant Edition.Ĭanadian users of Intuit Merchant Services are no longer able to process credit card transactions through QuickBooks Desktop 2015.
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