QB Services offers three different ways to receive money from your customers, ACH and Merchant Services! Don't waste any more of your hard earned money, there are better ways! Have your customers pay you at their convenience and see a complete list of what they owe in real time. No more need to call for a balance! They will know immediately. Find out more...
Method 1: Intuit Payment Solutions (IPS)
Intuit provides the most automated system available of obtaining payments from customers. With IPS, clients have saved an average of 8 hours per month in reconciling their credit card statements.
There are three different rates that a company can qualify at:
Qualified: Cheapest rate. You normally will only get this rate if you swipe (not steal it!) the card. With both QuickBooks and QuickBooks Point of Sale you can use a small card reader that you can simply plug into your PC and use for credit card payments. You can use this for debit cards as well, however, you need the pin-pad where the customer enters in their PIN number if they are using it as a debit card. Some of your customers will want this to receive "points" from their debit card provider for the purchases they make.
Mid Qualified: Somewhere in-between. :-)
Non Qualified: Be careful here, most of the non-swiped cards are going to be in this category. However, many of the specific cards from companies who give discounts to customers who use their cards will also be in this category. In other words, other merchants (you) are paying for your customer's discounts at the card orginators store. For example: a customer has a XYZ store credit card. XYZ store tells the customer that they will get discounts off of future purchases if they use that card whenever and wherever they purchase stuff ... anywhere, not just at their store. Well, that means a non-qualified rate for the other merchants so, in effect, you are paying for your customers to get discounts at a store XYZ.
To apply for an IPS account, fill out this form. For a list of Frequently Asked Questions click here
Method 2: "Bill & Pay"
Now you can have your customers click on a link and open to a web page that lists of invoices created directly out of QuickBooks and pay whichever ones they are ready to. They can even pay you right from a website with their personalized information right on it.
This form of billing is very cost effective. The cost is static @$0.55 per invoice sent. That's it. No surprises, no qualified, non-qualified, mid-qualified and no percentage of your hard-earned money going out.
This is terrific for companies who are currently sending out invoices for payments. Customers will get an email, click on a link and get a complete listing of all the invoices they currently owe on including the current invoice.
Here is an example:
Company A sends out 30 invoices per month at an average $150 per invoice.
ACH: 30 invoices x $0.55/invoice = $16.50 + $16.95/month fee
= $33.45/month
Merchant Service: $4500 x 2.35%= $105.75 + $14.95/month
= $120.70/month (if you're lucky).
Personally, I would do both! I would like to show you how it works so give me a call. Now "Bill & Pay" offers accepting merchant accounts as well as ACH all at convenient payment location. You really need to check this out!
To sign up, please go to Merchant Service Signup or call QB Services for ACH Signup at (952) 820-4464
Method 3: Go Payment!
This method of payment is awesome since it reduces your merchant fees if you use the swiper (a device you can put on your belt that connects to your phone via bluetooth). Swiped rates are around 0.8% less than non-qualified rates. It is worth it for many service and delivery-based companies. If you don't receive payment on location, then you shouldn't get this method of receiving payments. Cost? Well, it depends. If you already have a merchant account through Intuit Payment Solutions, than your cost is only $9.95 per month in addition to your regular merchant fees plus, of course, your merchant rate for each transaction.
What phone can I use this with? You can use almost any phone that is web-enabled and if you want the credit card swiper ($218.95) you should make sure you have bluetooth capabilities.
To summarize the benefits, it's:
Fast and Easy
- Get paid on the spot.
- Process any major credit card.
- No need to purchase additional equipment.1
- Get authorization in seconds2
- no need to write down payment information or call into your back office.
- E-mail or text message clients electronic receipts directly from your phone.
- Access Intuit's free Merchant Service Center 24/7/365 to view all your transactions and manage GoPayment users.3
- Add as many employees as you need to a single GoPayment account by simply providing them a user ID and
a GoPayment supported mobile phone.
- Just key in card information directly into your phone or swipe cards with an optional Bluetooth card reader.4
- Save time and increase bookkeeping accuracy by downloading GoPayment transactions into QuickBooks financial software.5
Security
- Credit card information is not stored in your phone – it’s like using a credit card terminal.
- Customers gain peace of mind because their cards never leave their sight.
- Use the optional Bluetooth card reader to ensure accurate data entry.
- Increase customer trust by transmitting customer payment information with GoPayment technology.
Professional & Proven
- Put the Intuit brand to work for you.
- Over 4 million businesses currently use Intuit solutions.
- Over 220,000 merchants use our credit card processing services.
- Intuit processes over 116 million transactions per year.
To sign up, please fill out this form or contact QB Services, LLC @ (952) 820-4464 today!
Disclosures:
1A GoPayment-supported mobile phone is required. In some cases, purchase of a new mobile phone may be required, purchasing directly from your phone carrier. Optional Bluetooth hardware is also available, and sold separately. Click here to see a list of GoPayment-supported phones, their respective carriers, and optional hardware.
2Authorization time depends on wireless network connectivity from your wireless provider.
3Subject to occasional downtime for system maintenance and other reasons beyond our control.
4Optional GoPayment Bluetooth swiper or swiper/printer combo required to swipe the card. Optional hardware can only be used with the downloadable GoPayment application. It cannot be used if you access GoPayment through a web browser. To purchase optional hardware, click here.
5QuickBooks not required to use GoPayment. Optional download feature requires QuickBooks Pro or Premiere 2009 or higher or Mac 2010 or higher, sold separately.
