Changes to your QuickBooks Payments account beginning in October 2016.
Beginning in October, all keyed transactions will require card verification value (CVV) in order to process.
What is changing?
All transactions where the credit card number is keyed will require CVV. The CVV for Visa or MasterCard are the last three digits of the number printed on the signature strip on the back of the card. CVV for American Express appears as a separate 4-digit code printed on the front of your card.
What you need to do
When processing a transaction where you need to key in the credit card number, please be sure to enter in the CVV.
If you have any questions, please contact Intuit QuickBooks at (800) 558-9558.
IMPORTANT: If you already have recurring transactions template setup credit card data with CVV for sales receipts, it should be working fine. There is no need to going back and manually updating CVV again. However, if you’re creating a new recurring transactions template for sales receipts then, you will need to add credit card data with CVV to make this work.
You can find out from the QuickBooks Payments home portal and select “Deposits” under Activity and Reports (see screenshot below). Once it’s approved, it usually takes 2-3 business days for deposits to show up in your bank account.
To go to the QuickBooks Payment home portal:
Directly from the QBO home page screen > Gear (upper right corner) > Settings (left corner) > Payments > Merchant details > click Manage details button
Sign in directly from > https://merchantcenter.intuit.com/
(Should bookmark this page. In case QBO is down, you can still log in from here and review merchant account).
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